What would life be like now if you had stored 100 bitcoins btc 10 years ago? Now, in addition to btc, every blockchain investor must store 1000 core cores.

The power of mechanisms determines whether a project narrative can be implemented. Looking at the history of blockchain development, behind every successful narrative, there is a set of underlying mechanisms that can support market imagination. DeFi Summer brought a whole new capital efficiency due to automated market makers and liquidity mining, the rise of LSD relies on the liquidity mechanism of ETH staking derivatives, and the heat of re-staking originates from the spillover logic of shared security. Now, the financialization narrative of Bitcoin is taking shape, and BounceBit is at the core of this experiment. It is not just a simple narrative packaging, but rather through a series of mechanism designs, allowing BTC to gradually transform into on-chain financial collateral. To understand its potential, one must dissect its core mechanisms.