I don't know if the news about dexx has been flooding your phones today. The cold winter of several years has finally ended. Today's market has ushered in a new round of spring. The repeated breakthroughs of "new records" have also made people full of confidence in the current situation of the bull market, but this heartbreaking news is also very sad.
As the crypto market is booming, we can't help but turn our attention to the custodial financial management that complements it. BounceBit is one of the better custodial projects on the chain.
Whether it is CeFi with stronger performance or DeFi with more emphasis on security, there are some relatively distinct advantages and disadvantages. BounceBit innovatively uses the concept of CeDeFi. While users get a more efficient trading experience, they can also obtain records of on-chain data, which increases security. At the same time, since BounceBit is a PoS public chain with a dual-token system, the assets obtained on the chain can further create wealth and successfully achieve an upward spiral of income.
In recent times, the biggest blockchain project security issue is undoubtedly the thundering DEXX. Because of the centralized asset management of the platform, hundreds of millions of yuan of users' wealth were looted by hackers, and many investors were in tears. Even due to excessive centralization, many people suspected that the mastermind behind the incident had some special relationship with the project officials, or even embezzlement. For a while, all kinds of opinions were boiling over.
BounceBit, which adopts the CeDeFi model, is much better. Through the data records on the chain, it has relatively better security and transparency.
If a project wants to succeed, in addition to good design concepts and firm execution efficiency, it also needs to be easy for users to use. In the Web3 encryption world, many projects are daunting to countless potential users because of the complexity of use.
When we open the homepage of BounceBit, we can easily open the investment page, which clearly displays the real-time data of various investment targets. Users can quickly invest through a very simple path and view the income with one click, which is convenient and convenient.
Time is one of the most important factors in testing success or failure. I believe that in the future we will be able to find out whether BounceBit is a really good project.
