Alexander manzo
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@BounceBit is transforming inactive BTC into a yield-generating asset with its pioneering approach of Native BTC Restaking.
The Innovation: A Layer 1 Proof-of-Stake chain secured by a dual-token mechanism that requires staking both Bitcoin and $BB. This brings the security of BTC to its DeFi ecosystem.
CeDeFi: Uses liquidity custody tokens (LCT) that allow users to earn institutional interest yields (CeFi) while simultaneously participating in on-chain DeFi activities (staking, farming) with the same capital.
The Goal: Close the gap between institutional finance and retail users, maximizing the utility and liquidity of Bitcoin.
#BounceBitPrime $BB
The Innovation: A Layer 1 Proof-of-Stake chain secured by a dual-token mechanism that requires staking both Bitcoin and $BB. This brings the security of BTC to its DeFi ecosystem.
CeDeFi: Uses liquidity custody tokens (LCT) that allow users to earn institutional interest yields (CeFi) while simultaneously participating in on-chain DeFi activities (staking, farming) with the same capital.
The Goal: Close the gap between institutional finance and retail users, maximizing the utility and liquidity of Bitcoin.
#BounceBitPrime $BB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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