Staking BTC seems simple, but I hope everyone is aware of the various risks involved.
Many projects under the banner of 'CeDeFi' ultimately are just a combination of CEX and on-chain asset operations. BounceBit attempts to systematize and structure this logic.
Its core adopts a dual-track model:
Asset custody layer: Institutions like MirrorX provide BTC custody services that comply with regulatory frameworks;
On-chain application layer: BounceBit's self-built Layer1 supports DeFi operations for BTC mirror assets.
Under this architecture, assets have a 'dual identity' of off-chain legal ownership and on-chain operational freedom, forming a design completely different from 're-staking systems' like EigenLayer and Babylon.
It is worth noting that BounceBit is highly pragmatic in its technology selection:
Using LayerZero to achieve cross-chain communication, ensuring Omnichain compatibility;
Unified account view supporting cross-chain deployment, solving the problem of 'fragmentation of DeFi assets';
Modular yield products cover different risk preferences for users, including stable staking, automatic compounding, and strategy pools.
BounceBit does not simply import CeFi assets onto the chain, but rather resolves the tension between 'trust risk' and 'transparency risk' through architectural design, forming a technical closed loop.
