What is BounceBit of @BounceBit ?
#BounceBit is a BTC re-staking chain, with the core feature of converting 'static Bitcoin' into 'Bitcoin that helps you make money' 💰. Traditionally, while BTC is one of the safest assets, most people just hold onto it without leveraging its additional value. BounceBit uses a CeDeFi structure (CeFi + DeFi), ensuring asset safety with regulated custodians, and then allows BTC's mirrored tokens (like BBTC) to participate in staking and DeFi investments on-chain. This way, BTC holders can enjoy stable returns from CeFi while also exploring the flexible rewards of DeFi. 🚀
