Chainlink announced via X on Tuesday that Bedrock, a liquid restaking protocol with $530M+ TVL, is now live with Chainlink Proof of Reserve Secure Mint. The integration means that when users deposit wrapped BTC tokens into the Bedrock BTC vault on Ethereum, the vault contract calls Secure Mint to ensure sufficient backing before minting uniBTC, adding an onchain safeguard against overminting.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 0.4% over the past 24 hours and is trading at $16.24 at press time.
Hassan Maishera