✅ What’s BounceBit Prime, in plain terms?
BounceBit Prime is a new way to put your Bitcoin (or stablecoins) to work—mixing traditional, safe returns (like U.S. Treasury yields) with crypto-native yield strategies. It’s built so even everyday holders can get institutional-grade exposure, all on-chain.
How it works—no fluff, just the core idea
1. Deposit BTC or stablecoins
You send funds into a secure, regulated custody. Think trusted providers like Ceffu or Mainnet Digital.
2. You receive liquid tokens—BBTC or BBUSD
These are 1:1 representations of your deposit and can be used across the BounceBit ecosystem.
3. Your assets start earning yield in two ways:
Base yield comes from tokenized real-world assets like U.S. Treasuries or money market funds. For instance, Franklin Templeton’s BENJI fund is integrated—the stable yield comes from actual U.S. government instruments (~4–4.5%).
Extra yield is layered through crypto-specific strategies like arbitrage, funding-rate swaps, etc. That stacking approach can reach total yields of 10–24% annualized.
4. Automatic, transparent, compliant
Funds stay in regulated custody; all activity is on-chain and auditable. That’s the CeDeFi advantage—combining rules and infrastructure from traditional finance with open, programmable DeFi components.