Innovative Rebasing Mechanism for $BB-Token (BBTC / BBUSD)
$BB-tokens (such as BBTC or BBUSD) are not the only liquid staking tokens (LST). After BounceBit's V3 update, they use the "rebasing token standard."
* How different: Yields you earn on other platforms are credited separately, but the amount of BB-tokens automatically increases (e.g. if you have 1.00 BBTC in your account, it will become 1.00 1 BBTC after a few days).
* Why important: It has introduced 'Set and Forget' method for users - which eliminates the hassle of claiming yield and increases capital efficiency. This mechanism puts the $BB token at the center of the ecosystem, as all yields eventually support the value of $BB.