AUV In the crypto space, I only do one thing, and that is contracts, contracts, contracts.

What contracts? With so many projects in the crypto space, if you don't look at staking, don't look at the rewards, why are you here just to get liquidated?

To talk about BounceBit, we must first mention its 'heaven-defying operation'—it has specifically created a native staking network for Bitcoin. While others are creating wrapped tokens on EVM chains, it directly allows Bitcoin to participate in consensus: a dual-token PoS architecture, with local BB on one side and BBTC pegged 1:1 to BTC on the other. Nodes wanting to participate in validation can stake either one, preserving Bitcoin's ironclad security while also accommodating the powerful features of smart contracts.

Come and see what the BB is really made of. The most intuitive use is for staking, using BB to help the network produce blocks, and mining rewards are also in BB; for transaction fees, transfers, and contract calls, you need to pay in BB; want to participate in new proposals in the community? You can vote with BB; in the BounceBit ecosystem, it also serves as a universal currency, used for buying services and providing guarantees.

Having talked about technology, let's take a look at the background. With Blockchain Capital and Breyer Capital backing it, Binance Labs and Boya Interactive have also made their marks. Boya Interactive secured 4.2 million BB in 2024, not just a quick grab, but starting from May 2025, it will be unlocked linearly over 20 months, taking it slow, undoubtedly aiming for long-term value.

In terms of market conditions, as of August 2, 2025, Binance data shows that the price of BB is about $0.17, with a 24-hour trading volume of about $21 million, and approximately 496 million pieces circulating in the market. Don't be scared by these numbers; BB's historical high once reached $0.86, currently more than an 80% drop from the peak, with significant short-term volatility, but it also provides an opportunity for those looking to buy the dip.

BounceBit is quite creative on the technical level, with both the team and capital providing solid backing. Although the price fluctuations can be nerve-wracking, for those who are optimistic about the deep integration of Bitcoin and smart contracts, BB might just be the next undervalued asset worth paying attention to. Friends, when are you planning to get in?