👾BounceBit Prime Mechanism Innovation Chapter👾
What is the "Double Yield Magic" of BounceBit Prime that allows a position to earn two profits?
After playing with crypto for so long, this is the first time I've seen a position that can earn two yields! BounceBit Prime uses Benji (Franklin Templeton Tokenized Fund Shares) as collateral, and that's where the magic happens. You deposit USDT, and the treasury buys Benji. First, you can earn the currency market yield of the fund itself, which is the basics; even better, Benji can also be used as collateral, allowing the treasury to engage in delta-neutral strategies, thereby generating an additional yield. For example, if you deposit 10,000 USDT, you can earn daily returns similar to those of the Franklin Templeton Fund while also enjoying extra returns from the strategy, effectively allowing one sum of money to do two jobs. This kind of “non-idle collateral” approach maximizes capital efficiency and is much more flexible than projects that either only earn financial management returns or only engage in strategies.