#BounceBit ($BB ) is a groundbreaking Layer-1 CeDeFi project that aims to re-open Bitcoin assets in the decentralized finance (DeFi) space. It aims to "add DeFi power to BTC" in the crypto world by offering staking, re-staking, and income-driven use cases for both individual and institutional users. @BounceBit
🧬What is BounceBit?
🔹Main Objective:
To provide an infrastructure that allows Bitcoin assets to earn additional income by simply holding, staking, and re-staking their assets. This contributes to PoS chain security and enables the user to generate economic benefit.
🔹 CeDeFi Structure:
Embracing the CeDeFi (Centralized + Decentralized Finance) model, the project combines the user-friendly architecture of CeFi with the transparent and permissionless nature of DeFi.
🔹 Dual-Token PoS System:
BB Token: Decentralized governance and reward token.
BBTC: Bitcoin's use as a liquidity token in the BounceBit ecosystem.
Both tokens can be deposited into it.
🌐 Ecosystem Features
💼 Liquid Custody Tokens (LCT)
Users deposit assets such as BTC, ETH, and stablecoins into BounceBit and receive liquid tokens such as BBTC and BBUSD in return. These tokens are available for both CeFi revenue (yield, interest, etc.) and DeFi protocols.
🧱 BounceClub
An open environment that allows the creation of Web3 applications without writing code.
Users can develop games, dApps, and DAO structures.
🔒 Security
Enterprise-grade CEFFU (a subsidiary of Binance Custody) and MirrorX support.
Multi-signature cold funds, KYC/AML completion, and audits are available.
🚀Project Future and Roadmap
🔸 Launched with Binance
