Panda Coin Language: @Bounce_Bit
BounceBit ($BB) —— Leveraged realization of Bitcoin credit
The essence of BounceBit is to use the trillion-level consensus of BTC to provide "credit collateral" for its PoS Layer 1.
BTC is responsible for network security, while the native token $BB captures the gas fees and governance value of this new chain. This is a clever game of credit leverage: the stake is whether it can safely activate a brand new EVM ecosystem using Bitcoin, the most solid ballast.
#bouncebit #BTC #Layer1 #restaking