If you play contracts and lose 10,000 USDT in a year, you can take 10,000 USDT in BTC to stake, which can double in BTC value and also earn 20% interest.
Asset stagnation leads to inefficiency. You may hold BTC but find that there are almost no other 'sustainable income' methods besides hoarding and waiting for appreciation. BounceBit offers an answer that is neither a pure DeFi geek solution nor a traditional CeFi black-box operation, but rather a pragmatic model that integrates compliance and on-chain.
Compliant custody is not 'being stuck'.
BounceBit does not directly let users transfer BTC to the chain, but instead 'locks' it through regulated custodial services (like MirrorX). This not only meets compliance requirements but also avoids the smart contract risks associated with pure cross-chain bridges.
Subsequently, these assets will generate corresponding 'on-chain mapped assets' on the BounceBit chain to enter the DeFi module for yield operations. Real assets are monitored by institutions, and the on-chain part is fully transparent and traceable, which reassures traditional funds while retaining the openness that blockchain should have.
Not a gimmick, my friends.
BounceBit does not solely rely on high APY to attract users; its revenue system is clearly tiered.
The automatic compound interest pool is suitable for lazy users, offering stable returns with sustainable on-chain strategies.
Arbitrage products are executed by a professional team, such as funding rate arbitrage and cross-exchange arbitrage. These strategies have low correlation with BTC market trends, making them particularly suitable for volatile or bearish cycles.
BounceBit has also opened up the 'in and out' channel with CEXs, incorporating idle liquidity from exchanges into the yield system. While this sacrifices some decentralization ideals, it significantly enhances capital availability.
With LayerZero, BounceBit's asset liquidity is no longer limited to a single chain. You can unify the management of WBTC and BTC collateralized assets on the Solana chain within the BounceBit ecosystem without frequent exchanges or manual cross-chain transfers. This design of unified account view and strategy integration significantly reduces user operation complexity.
For users who want to increase BTC utilization under controllable risk, BounceBit offers a relatively robust option. Its focus is not on speculative concepts but on releasing the long-term productivity of Bitcoin in a verifiable way. This model may not be the end point, but it is indeed a good starting point.
