Recently, I have particularly focused on three DeFi projects related to the BTC ecosystem: Bitlayer/Solve Protocol/Bouncebit.
Bouncebit seems to have the most diverse business scope; it took me several days of intermittent research to understand it, making it difficult to summarize what Bouncebit does in one sentence.
They really do everything.
✅ Cedefi business, Bouncebit Portal is a mainstream third-party platform for storing, staking, and re-staking crypto assets. For users, the Bouncebit platform offers options for storing and staking crypto assets from compliant institutions, allowing users to choose from these institutions' products to earn different yields; for licensed compliant institutions, Bouncebit acts like a third-party deposit collection platform.
So users can choose a regulated custodian in the Bouncebit Cedefi Portal, deposit crypto assets (BTC or stablecoins), and obtain centralized yields offered by these institutions.
Note: Users stake several mainstream crypto assets, and the yields obtained are Bouncebit's own tokens $BB .
✅ Bouncebit's BB Prime is an RWA platform.
Bouncebit sells tokenized products of real-world assets (RWA) such as BlackRock's BUIDL fund and Franklin Templeton's BENJI fund to users on the Bouncebit BB Prime platform, providing institutional-level strategies for earning on-chain with real-world assets.
Users can buy several real-world funds using cryptocurrency on Bouncebit's BB Prime platform, or purchase tokenized other real-world assets (such as short-term government bonds).
Looking at it, both $1 and $2 belong to the financial management category.
✅ BounceClub: Bouncebit Chain Application Center.
Bouncebit has its own chain, Bouncebit Chain, which is EVM compatible.
BounceClub is a Web3 'playground' based on Bouncebit Chain, providing various dApps related to DeFi, Gaming, AI tools, and more.
Users can play various applications on the Bouncebit Chain in BounceClub:
🚩Chain game Masang King.
🚩Trade: Bitcoin and several other cryptocurrencies, crude oil, gold spot, and spot and leveraged contract trading in US stocks, with a wide variety of tradable asset types.
🚩meme coin launch.
In the BTC inscription cycles of the previous year and the year before, Bouncebit became a well-known inscription launch platform.
In this cycle of meme, platforms like pump.fun/virtuals seem to be more mainstream for meme launches.
🚩Defi: In addition to basic token trade swaps, Web3 projects can also raise funds in the Launchpad.
🚩Defi: The dual-token contract of $BBTC and $BB.
--AI: There are several AI Chat agents.
It is currently unclear which applications on the BounceClub platform are developed by Bouncebit itself and which are products from third-party developers.
If opened to third-party application developers, there should also be plugins and interfaces for developers to access the Bouncebit Chain, but currently, there are no functional modules available for third-party application developers in BounceClub.
To summarize: The Bouncebit official website is the least user-friendly and most chaotic layout I have ever encountered, mixing the company's business introduction and product introduction aimed at users without any logic. Even after spending a lot of time reviewing this website, I still cannot summarize what Bouncebit actually does, which business modules are future priorities, or what achievements and strengths each business module has made.
