The DeFi sector marked a significant development this week with the official launch of Bracket, a Binance Labs-backed on-chain strategy platform, dedicated to managing liquid staking assets and increasing yields. On January 28, 2025, Bracket unveiled its flagship strategy management platform, ushering in Phase II of its product roadmap.

The Launch of Bracket’s Flagship Platform 

Bracket’s new platform delivers a sophisticated approach to DeFi strategy management, allowing users to deposit brktETH into professionally managed strategy vaults. The platform connects ETH and LSTs to the most compelling yield opportunities on-chain and offers users a secure and transparent way to maximize their potential gains and enhance collateral efficiency.

These vaults generate enhanced yields through a combination of ETH’s native returns, aggregated staking block rewards, and additional incentives such as Bracket’s [BARS] tokens and LRT points. The first ETH+ vault is open for deposits until February 3, providing brktETH holders a limited window to participate in this initial phase.

brktETH serves as the central asset of the platform. This non-rebasing token is backed by a treasury comprising a diverse range of Liquid Staking Tokens (LSTs) and Liquid Restaking Tokens (LRTs), including prominent assets like stETH, rETH, and eETH. brktETH is a unique digital asset that accumulates value through a rising conversion rate, as opposed to the more traditional approach of increasing the total supply of tokens. Such a design fosters fungibility and improves collateral efficiency for DeFi participants.

Bracket’s journey began with the Phase I launch in July 2024, which introduced staking opportunities for supported LSTs and LRTs. During this phase, early adopters earned rewards and incentives that set the stage for the platform’s evolution. This initial stage laid the groundwork for Phase II, which gives brktETH holders access to professionally curated strategies and seamless redemption options.

After an initial five-day period, brktETH holders can redeem their tokens for an equivalent value of underlying treasury assets, which include Ethereum ($ETH, $wETH), Lido Staked ETH ($stETH, $wstETH), Rocket Pool ETH ($rETH), Ether.fi ETH ($eETH, $weETH), Kelp Restaked ETH ($rsETH), Stakestone ($STONE), and Coinbase ETH ($cbETH). As for assets with minimal balances, they will be automatically converted into supported tokens to streamline user experience.

Future Prospects and Vision 

Liquid staking has quickly evolved as a prominent asset class in DeFi, but its growth has been hindered by fragmented liquidity and the lack of fungibility among LSTs. brktETH seems to become a universal collateral solution that makes assets move seamlessly between strategies. With one unified token, Bracket’s team reduces friction and makes things easier for users.

The platform also stands for security and transparency through features such as Policy-Managed Wallets, detailed reporting, and adherence to strict investment mandates. These measures safeguard users’ funds while maintaining clarity on strategy execution.

Mike Wasyl, CEO of Bracket, described the launch as a decisive moment for the platform.

“Phase II takes us closer to our vision of creating a secure, user-friendly platform where DeFi participants can maximize their yields without compromising transparency or safety,”

he pointed out.

Bracket’s team plans to deepen the utility of its brktETH token and introduce more strategy vaults, expanding the range of supported assets. The team focuses on enhancing user interaction through a more intuitive platform interface to create a unified and secure ecosystem.

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