xRWA

BounceBit announces the launch of xRWA

#BounceBit introduces #xRWA , a protocol-level feature that allows tokenized real-world assets, like equities, to be staked directly on its network. xRWA eliminates the need for wrapped tokens, synthetics, or custodial bridges by using a trust-minimized asset mapping system: users verify ownership on the source chain, relayers generate proofs, and BounceBit mints native xRWA tokens for staking upon validation.

BounceBit is a $BTC restaking chain with an innovative #CeDefi framework, transforming $BTC from a passive asset into a dynamic force within the ecosystem by active participation in network validation and a variety of yield generating activities.

👉 medium.com/@bouncebit/introducing-xrwa-real-world-assets-staked-on-bouncebit-af20575e10dc

$BB
🚀 A new primitive is coming!

xRWA unlocks the power of tokenized equities, allowing them to be staked for network security.

Activate real-world assets directly within a multi-asset PoS architecture — all powered by $BB on BounceBit Chain.

#BounceBit #xRWA #RealWorldAssets #DeFi