Bitcoin Gets a DeFi Upgrade at BounceBit ($BB)
BounceBit is redefining the potential of Bitcoin, not just another chain. BounceBit offers a BTC restaking model that allows you to stake BTC and BB tokens to help secure the network and earn lucrative rewards rather than letting BTC sit idle.
The trick is that, thanks to their Liquidity Custody Token (LCT) system, you can still use your Bitcoin in DeFi through tokenised BBTC even though it remains in regulated custody.
You don't lose yield or cede control. It's similar to having both your cake and your stakes. This gives Bitcoin holders access to enormous liquidity, something that most DeFi platforms can only imagine.
Being a Layer 1 that is completely EVM compatible, BounceBit is simple to integrate and expand upon.
Additionally, BounceClub, their DeFi hub, is already generating activity with memecoins, structured products, and other entertaining on-chain resources.
What about the $BB token?
It's the complete package:
Staking,
Governance,
and Gas In summary, BounceBit combines the freedom of DeFi with the security of CeFi, bringing true Bitcoin utility to DeFi.
BounceBit is leading the way in the possibility that the next stage of DeFi will only have a Bitcoin core.
#BounceBitPrime @BounceBit $BB