BounceBit is a Layer-1 blockchain that reimagines Bitcoin’s role in decentralized finance by enabling BTC restaking, allowing holders to earn yield without relinquishing custody. It operates on EVM compatibility and employs a dual-token Proof-of-Stake (PoS) model secured by both Bitcoin-backed tokens (BBTC) and its native token (BB)
Key Highlight
CeDeFi Integration: BounceBit bridges centralized finance’s regulated custody systems with DeFi’s composability—what they call CeDeFi. Users gain exposure to institutional-grade yield strategies (like yield from basis trading and funding rate arbitrage) while assets remain on-chain.
Dual-Token PoS Security: Validators stake both BB and BBTC, combining Bitcoin’s strength with BounceBit’s token economics for enhanced network robustness and deep liquidity.
Yield Enhancements:
Premium Yield Generation via funding rate arbitrage.
Liquid Custody Tokens (LCTs): Tokenized representations (like BBTC or BBUSD) that maintain liquidity while yielding returns from custody services.
Ecosystem & Vision: With support from major investors—such as Breyer Capital, Blockchain Capital, Binance Labs, OKX Ventures, and others—BounceBit aims to democratize structured yield opportunities for retail investors using BTC. Upcoming roadmap includes RWA (Real-World Asset) integrations and institutional-grade CeDeFi services. @BounceBit #bouncebit #BounceBitPrime #BB #BinanceSquareTalks #BinanceSquareFamily $BB
