BounceBit ($BB) – Unlocking New Utility for Bitcoin
BounceBit, built atop Bitcoin’s unrivaled security, introduces a novel BTC restaking chain where your Bitcoin does more than just sit—it actively earns for you. By depositing BTC with a regulated custodian, users receive a 1:1 tokenized representation called BBTC, which can be staked within the ecosystem for rewards.
What sets @BounceBit apart is its CeDeFi model—a seamless blend of centralized finance’s secure custody and regulatory compliance with decentralized finance’s on-chain applications like staking, lending, and trading. This hybrid approach allows users to benefit from both worlds without compromise.
Here’s how it works:
Deposit BTC, securely held by custodians like Ceffu and Mainnet Digital in segregated accounts.
Receive BBTC tokens pegged to your BTC.
Stake BBTC or native BB tokens to support the network and earn yields.
Restake staked tokens to amplify returns.
Custodians run low-risk off-chain trading strategies, generating additional profits distributed to users.
BounceBit uses a dual-token system: BB—handling gas fees, governance, and staking—and BBTC, the tokenized Bitcoin enabling liquidity across DeFi apps. Security is reinforced through multi-validator approval bridges, minimizing custody and bridge risks.
For BTC holders eager to do more than just HODL, BounceBit offers:
Yield generation through staking and restaking.
Access to a growing suite of DeFi applications.
Participation in regulated, low-risk CeDeFi strategies.
With a capped supply of 2.1 billion BB tokens and daily reward distributions, BounceBit redefines Bitcoin’s role—transforming it from a passive store of value into an active, yield-generating asset powering a new blockchain ecosystem.
While custody and strategy risks remain, BounceBit stands as a compelling gateway for Bitcoin holders looking to bridge traditional security with the dynamic potential of DeFi.
