Validator rewards on the BounceBit network have climbed to an impressive 22% APY, driven by higher transaction volumes and an increase in network fees.
This surge in rewards comes as BounceBit processes more than 1.4 million transactions per day, a 35% increase over last month. The spike in network activity is largely attributed to the growing number of DeFi applications building on BounceBit, as well as the popularity of BB staking pools and cross-chain bridge transfers.
Validator payouts are distributed in BB tokens and are calculated based on node uptime, block production, and participation in governance votes. Nodes that maintain 99.9% uptime receive additional bonuses, making high-performance operation especially lucrative.
Becoming a validator requires staking at least 200,000 BB, which has created a strong demand for BB tokens from infrastructure providers. This, in turn, has contributed to recent upward pressure on BB’s market price.
Validator participation has now reached 355 nodes worldwide, further decentralizing the network and strengthening its security. With APYs at this level, BounceBit is attracting new entrants from other networks, particularly from Ethereum and Cosmos validators seeking higher yields.