BounceBit (BB) is a platform that combines CeFi and DeFi to optimize Bitcoin staking profits through a dual-token & dual-layer security model. Users can stake BTC or equivalent assets to earn yields, while also benefiting from decentralized financial products provided by BounceBit.
The highlight of BounceBit is the Restaking-as-a-Service mechanism, allowing the reuse of staked assets to secure other applications or services, opening up a dual income source for participants. The dual security system combines BounceBit's validators and risk insurance mechanisms to maximize asset safety.
The BB token plays a central role: it is used for transaction fee payments, staking, governance of the protocol, and participation in ecosystem incentive programs.
By effectively leveraging Bitcoin capital, BounceBit aims to turn BTC into a sustainable income-generating asset in the DeFi world.