Bouncebit is one of those projects worth keeping an eye on.
Bitcoin, the largest and most established cryptocurrency, has mainly been used as a store of value. It’s like digital gold—safe, but somewhat passive. Bouncebit comes with an interesting proposal: Bitcoin Restaking.
In simple terms, this means giving your Bitcoins a new role. Instead of just holding them, you could use them to generate returns and participate in the DeFi ecosystem—something that wasn’t possible before!
The idea is to unlock the potential of the hundreds of billions of dollars in Bitcoin that are "inactive" and use them to power new networks and applications. This could change the way investors view BTC and significantly increase its utility.
What do you think? Is Bitcoin Restaking the future of BTC, or is it still too new of a concept?