BounceBit Prime: An Innovative Breakthrough in Institutional-Level On-Chain Yields
As a professional observer in the field of blockchain finance, BounceBit Prime, launched by @BounceBit , opens the door for users to compliantly obtain tokenized real-world asset (RWA) yields through its institutional-level on-chain yield strategies.
This product collaborates with top custodians like BlackRock and Franklin Templeton, combining the advantages of traditional finance and the crypto market. #BounceBitPrime
BounceBit Prime utilizes tokenized government bonds such as BUIDL and BENJI, along with market-neutral strategies like basis trading, to offer annualized yields of up to 24%.
Liquid Custody Tokens (LCTs) such as BBUSD and BBTC are 1:1 pegged to user assets and operate under regulated custody, ensuring safety and transparency. One-click deposits and automatic compounding features simplify operations, while the EVM-compatible BounceBit chain ensures efficient settlements. Collaborations with top institutions meet KYC/AML compliance requirements, attracting both institutional and retail users. Currently, the platform's TVL reaches $514 million, demonstrating strong growth potential.
However, reliance on external custody may introduce centralization risks, and high-yield strategies are also affected by market volatility, necessitating careful assessment. BounceBit Prime fills the gap in the RWA tokenization market, and its innovative model and $BB token value potential are attracting significant attention.