In a landmark decision, the BounceBit DAO has voted to expand the Ecosystem Growth Fund by an additional $200 million, aimed at scaling developer adoption and global partnerships.
The proposal, which passed with 78% approval, will allocate resources into three key areas:
Developer Grants – $100M dedicated to onboarding builders and accelerating dApp launches.
Liquidity Incentives – $70M for new pools on PrimeSwap and cross-chain vaults.
Community Engagement – $30M earmarked for hackathons, ambassador programs, and regional growth initiatives.
The DAO’s move comes as BounceBit experiences its fastest-ever growth phase, with TVL rising 22% in July and new users joining daily. Analysts say this fund expansion signals BounceBit’s intent to not just compete with but surpass ecosystems like Solana and Avalanche in developer traction.
Already, more than 200 dApp projects have applied for funding under the existing ecosystem program, ranging from NFT marketplaces to DeFi aggregators. The $200M boost will give them the runway to scale globally.
This governance vote cements BounceBit’s commitment to community-driven growth while reinforcing its financial firepower to dominate the Bitcoin DeFi space.