Utility & Functions of $BB
$BB isn’t just a token — it’s the lifeblood of the BounceBit ecosystem:
Dual-Token PoS Staking: Stake BB directly or delegate to node operators to secure the network and participate in consensus alongside BTC stakers.
Network Rewards: Earn staking rewards for validators and delegators, directly contributing to network stability.
Transaction Fuel: Use BB to pay gas fees for smart contracts, dApps, and transactions across the BounceBit network.
Medium of Exchange & Store of Value: Facilitate payments, settlements, and liquidity within the platform’s expanding DeFi infrastructure.
Governance Rights: Vote on protocol upgrades, network parameters, and ecosystem proposals — shaping the platform’s evolution.
Interoperability & Cross-Chain Use: BB integrates seamlessly with applications, enabling composable DeFi solutions and smooth cross-chain interactions.