CeDeFi Approach from BounceBit: A Bridge Between Centralization and Decentralization
BounceBit is unique in its CeDeFi (Centralized Decentralized Finance) approach, which aims to combine the best features of centralized and decentralized finance. By mid-2025, this means that the platform will use reliable and secure centralized custodial solutions for storing Bitcoin (such as Ceffu and Mainnet Digital), while simultaneously offering the transparency and innovation of decentralized protocols. This hybrid approach is designed to provide high yield and liquidity while minimizing the risks inherent to exclusively decentralized or centralized systems, making it attractive to a wide range of investors. #BB $BB