BounceBit: Bitcoin Restaking Solutions
What is BounceBit?
BounceBit introduces liquid restaking primitives for Bitcoin—a first in the BTC ecosystem—enabling Bitcoin holders to earn multi-layered rewards while maintaining liquidity and network security.
How it works:
Utilizes a dual-token Proof-of-Stake (PoS) model, where validators stake both BTC (via wrapped tokens like BBTC) and the platform’s native token (BB), enhancing security and integration with DeFi protocols.
Compatible with Ethereum's EVM, enabling developers to bridge dApps from Ethereum to BounceBit easily.
Yield generation mechanism:
When BTC is deposited, users receive BBTC, a tokenized representation of their BTC, which remains liquid.
Earn multiple yield streams simultaneously:
CeFi yields from real-world trading strategies via regulated custody partners.
DeFi yields from staking, liquidity provision, and DeFi protocols.
Network staking rewards from securing the BounceBit network.
Additional infrastructure & ecosystem features:
Core infrastructure, such as bridges and oracles, is secured by restaked BTC, boosting cross-chain integrity.
Features like BounceClub, the BounceBit App Store, and BTC bridges foster developer engagement and dApp experimentation.
matters:
BounceBit transforms BTC from a passive store of value into a productive asset, offering yield-earning opportunities across CeFi and DeFi. It also opens the door for BTC to participate actively in the broader DeFi ecosystem with institutional-grade infrastructure and developer-friendly tools.