We all know Bitcoin is king. It’s the most trusted, most valuable crypto out there. But here’s the thing, most people just let it sit there. It’s like having a gold bar in your closet that never earns a penny. @BounceBit wants to change that.
It’s a Bitcoin restaking chain with a clever twist called CeDeFi – basically a mix of centralized and decentralized finance. In simple terms, it lets your BTC earn money in multiple ways without locking it up in one place.
How BounceBit Works
BounceBit is a Layer-1 blockchain secured by two tokens:
BB – BounceBit’s own token
BTC, represented as BBTC once it’s on the chain
Validators use both tokens to secure the network, so it’s not just dependent on one token’s price swings. This makes the system stronger and more stable, especially when the market is unpredictable.
Turning BTC into BBTC
You can bring BTC from the Bitcoin network or wrapped versions like BTCB or WBTC. Once it’s on BounceBit, it becomes BBTC, which you can stake, restake, or use in DeFi apps.
Liquid Staking – Keep Your Options Open
When you stake BB or BBTC, you get stBB or stBBTC tokens in return. Think of these like receipts. You’re still earning rewards, but you can also trade, farm, or restake them. So your BTC keeps working for you, even while it’s staked.
Restaking – Help Secure More Than the Chain
BounceBit lets you restake your tokens to secure other parts of the ecosystem, like bridges and oracles. Basically, your stake doesn’t just protect the network – it can protect extra services too, and you get rewarded for it.
CeDeFi – Best of Both Worlds
BounceBit mixes CeFi, institutional-level yield programs, with DeFi, on-chain flexibility. Your BTC can earn yield off-chain through secure custodians and still be used on-chain.
This means your assets are working harder than ever – earning yield safely while still being liquid and usable in DeFi.
Where the Rewards Come From
1. Staking rewards – For securing the network
2. Restaking rewards – For helping protect extra infrastructure
3. CeDeFi yield – From institutional programs, safely accessible on-chain
Security First
BounceBit takes security seriously:
Your BTC stays in secure custody while it earns
Risk and compliance are monitored using trusted analytics
Smart contracts are audited and the network is transparent about how much BTC is locked
How You’d Use It
1. Bridge your BTC to BounceBit – it becomes BBTC
2. Stake BBTC or BB – earn rewards
3. Get stBBTC or stBB – trade, farm, or restake them
4. Optionally, plug into CeDeFi programs – earn extra yield safely
Why It’s Exciting
Instead of letting your BTC sit idle, BounceBit helps you:
Secure a blockchain
Earn staking rewards
Earn CeFi-style yield
Keep your assets liquid
Restake for even more rewards
It’s like turning your Bitcoin into a multitasking money-making machine