CeDeFi Revolution! Boya Interactive Partners with BounceBit to Ignite a New Blue Ocean for Bitcoin Staking, BB Token Begins Value Leap
The world's first Bitcoin staking public chain BounceBit platform announced today that it has reached a deep strategic cooperation with Hong Kong-listed company Boya Interactive (00434.HK), which strongly entered the market through a strategic investment of 4.2 million BB tokens. This groundbreaking collaboration marks the official launch of the CeDeFi (Centralized and Decentralized Fusion Finance) era—users can convert their Bitcoin assets into tradable BBTC tokens through BounceBit's innovative Liquidity Custody Token (LCT) technology, while maintaining the original value of BTC, and participate in DeFi lending, cross-chain trading, and other scenarios, achieving an exponential increase in asset utilization.
On the technical side, the BounceBit public chain adopts a dual-token PoS consensus mechanism, requiring validators to stake both BBTC and BB tokens to participate in network governance. This design not only enhances network security (the attack cost is increased to 200% of traditional PoS), but also ensures the immediate finality of on-chain transactions through dynamic adjustment of staking weights. Data shows that since the mainnet launch in May 2024, the platform has averaged over 87,000 transactions per day, with transaction fees only 1/50 of Ethereum's, attracting top institutions like Binance Labs and NGC Ventures to invest.
Investment Highlights:
1. Deflationary Mechanism: The total supply of BB tokens is 2.1 billion, with 35% allocated for staking rewards, and 20% of each on-chain transaction fee will be automatically burned. The current circulating market value is only $173 million, possessing significant value capture potential.
2. Compliance Endorsement: BounceBit has been selected for the Hong Kong Cyberport Incubation Program, becoming one of the first CeDeFi projects to receive support from Hong Kong's Web3 policies, paving the way for institutional capital entry.
3. Liquidity Explosion: As the 4.2 million BB tokens held by Boya Interactive are linearly unlocked over 20 months starting from May 2025, it is expected to drive the platform's TVL (Total Value Locked) to exceed $1 billion in the next 12 months.
