๐BounceBit is an innovative L1 blockchain that aims to integrate Bitcoin into the DeFi ecosystem. ๐
๐ก It operates with a Proof-of-Stake + CeDeFi (Centralized + Decentralized Finance) architecture.
๐ BTC holders contribute to network security and earn returns by staking BTC.
๐ It brings Bitcoin to liquidity pools, DeFi protocols, and various yield opportunities with the BTC Bridge.
๐ It offers a structure friendly to both institutional investors and retail users through partnerships with centralized exchanges.
๐ก It includes both on-chain and off-chain auditing mechanisms for security.
๐ฏ Goal: Transform Bitcoin from a passive asset into the engine of DeFi! ๐ฅ