BounceBit combines the security of Bitcoin with the flexibility of modern DeFi — giving users both safety and functionality.
👉 So the question is ⁉️ What does BounceBit actually do?
At its core, BounceBit is building a Bitcoin-native staking ecosystem — a first of its kind. Instead of wrapping BTC into other networks, it lets Bitcoin actively participate in Proof-of-Stake consensus through a dual-token model: $BB (its native token) and BBTC (pegged 1:1 to BTC).
Here’s how it functions:
🔹 Staking & Validation: Users can stake $BB or BBTC to help secure the network and earn rewards.
🔹 Smart Contracts: BounceBit supports contract deployment and dApps — bringing programmability to Bitcoin infrastructure.
🔹 Transaction Layer: All fees for transfers, swaps, and contract interactions are paid in $BB.
🔹 Governance Power: BB holders vote on protocol changes, upgrades, and ecosystem decisions.
🔹 Ecosystem Utility: Within BounceBit’s growing ecosystem, $BB acts as a currency — used for services, incentives, and financial guarantees.