Today, someone lamented: the BTC lying in cold wallets is simply a sleeping gold mine. BounceBit's approach is to wake it up. It connects the custody of CeFi with DeFi strategies into the CeDeFi framework: BTC is custodized by compliant institutions, ensuring underlying security and operational guarantees; mirrored assets enter the blockchain, participating in re-staking, node delegation, liquidity mining, interest rate strategies, etc., forming multiple sources of revenue streams.
The core lies in the accumulation of returns rather than a choice between two options, and the flow of funds is traceable and auditable, avoiding the old problem of 'black box misappropriation.' A large amount of BTC entered the market after the ETF but remained in a low utilization state; BB effectively equips this batch of dormant funds with an engine; for institutions, it represents compliant returns plus on-chain expansion, and for retail investors, it serves as a gain tool within a safe boundary.
What’s more practical is the ability to switch between strategies; during sideways market conditions, one can adopt a more conservative approach, while when the market strengthens, one can increase risk exposure. Don't just regard BTC as a 'position'; on BB, it resembles a working asset machine.