#BounceBitPrime The $BB token is the native token of the BounceBit platform, a project that aims to combine centralized and decentralized finance (CeDeFi) to maximize the utility of Bitcoin. It serves as a utility and governance token within the ecosystem.
Holders of $BB can stake to secure the network, participate in governance by voting on protocol updates, and it is also used to pay gas fees on the network. With this, BounceBit offers users yield opportunities while ensuring transparency and flexibility of blockchain technology.