After a long wait, BounceBit Prime has finally officially launched today!
The first major treasury directly connects to Franklin Templeton's tokenized money market fund BENJI, with a particularly practical core strategy: first, use the government bond-level stable yield brought by BENJI as a base, and then overlay market-neutral strategies to earn spreads and funding rates.
The key point is that risk control is very well done, with almost no directional risk, and all efforts are focused on 'making cash work harder'.
For institutions, this is equivalent to having a scalable intelligent cash management tool: it has the backing of government bond yields, access to liquidity channels in the crypto space, and does not require turning their own funds into high-risk trading positions, which is very stable.
@BounceBit This time, it was launched only after solidifying the foundational infrastructure: there are tokenized collateral on-chain, trades are settled over-the-counter, funds are custodied by Standard Chartered Bank, and the interface directly connects traditional financial yields with crypto market strategies, without bearing the risk of directional fluctuations.
However, there is currently a threshold for this treasury; the minimum investment is 500,000 USD, with a lock-up period of at least 1 month, and it can be redeemed daily. To participate, one must apply on the official website and pass KYC/AML.