Recently, the first smart contract staking $BB in the Bitcoin ecosystem launched the NFT staking system. BounceBit Prime@BounceBit is a product developed in collaboration with custodial institutions and fund management agencies such as BlackRock and Franklin Templeton, allowing users to directly obtain returns on tokenized real-world assets in a compliant manner.
Staking NFT to earn BB:
Staking Beep Boop NFT to produce BB for each block, while the NFT remains in the wallet. This gameplay is imitating the Fat Penguin PENGU.
Then I took a look at the BB project:
1: This is an investment from Binance, and it was the first project to go live during last year's Bitcoin L2 battle;
2: This is the first project to collaborate with Binance's Megadrop model, and in the future, Megadrop, Launchpad, and Launchpool will be the three main models for Binance IEOs;
3: This is the first Bitcoin ecosystem public chain positioned as the concept of "re-staking."
However, it should be noted that on August 13, 4,289,000 BB will be unlocked, worth 4.2 million USD, accounting for 10.4%.
It is expected that BounceBit coin BB will be listed on Upbit in the future.