If you think that @BounceBit is just a simple BTC staking protocol, then you underestimate its vision. Its goal is to build a fully functional and interconnected ecosystem around the concept of BTC re-staking, covering both CeFi and DeFi, to provide users with a seamless experience.
The innovation of BounceBit begins with its regulated institutional-grade custody solution, ensuring the security of the underlying BTC assets. On this foundation, it has built its own PoS sidechain as an incubator for ecological applications. A series of native DeFi applications such as lending, DEX, and CDP stablecoin protocols will emerge on this chain, all safeguarded by staked BTC.
The $BB token is the lubricant and governance core of this vast ecosystem. From paying transaction fees to participating in new project IDOs, the application scenarios of $BB will continually extend as the ecosystem expands. #BounceBitPrime serves as a bridge connecting users to this thriving ecosystem. What BounceBit is doing is not a single product, but the foundational construction of a new financial system centered around BTC.
