BounceBit $BB DAO Approves $10M Innovation Fund for DeFi Startups
The BounceBit DAO has voted to create a $10 million Innovation Fund dedicated to supporting early-stage DeFi projects building on the BounceBit network.
The fund will provide grants, liquidity support, and technical assistance to teams launching protocols in lending, derivatives, NFTs, gaming, and real-world asset tokenization.
To qualify, projects must use BB or bBTC as part of their core mechanics, ensuring alignment with the BounceBit ecosystem. The DAO will oversee funding rounds and milestone-based payouts to ensure accountability.
This initiative aims to accelerate adoption by attracting developers from Ethereum, Solana, and other ecosystems, giving them the tools and resources to scale quickly on BounceBit’s high-speed Layer-1.
Already, three pilot projects — a Bitcoin options protocol, a decentralized prediction market, and a music NFT marketplace — have applied for initial funding.
