@BounceBit is a cryptocurrency platform that offers secure and efficient trading solutions for digital assets. It's built within the Bitcoin ecosystem, aiming to generate staking rewards for BTC by creating the BounceBit Chain.
Key features include a dual-token system using BB and BBTC to enhance network security, provide flexible staking mechanisms, and promote user participation in governance. The re-staking mechanism allows users to convert BTC to BBTC and stake it on the platform to earn rewards.
The current price of BounceBit is $0.09876-$0.106374 USD, with a 2.31% increase in the last 24 hours. Market cap stands at $67.73 million USD, with a total supply of 2.1 billion BB tokens and a circulating supply of 685.86 million BB tokens.
BounceBit raised $6 million in seed funding from investors like Blockchain Capital and Breyer Capital, with Binance Labs also investing. Collaborations include notable companies like Coinbase, Kraken, and OKX.
