Capital Efficiency of BounceBit🏦

Why do institutions trust BounceBit Prime? What problem does 'collateral reuse' solve?​

In fact, institutional users value capital efficiency the most, and BounceBit Prime just hits that point! Previously, when institutions bought money market funds, those assets could only sit idle earning fixed returns; if they wanted to use them for something else, it was either not possible or the process was extremely complicated. Prime turns Benji into a collateralizable asset, allowing it to maintain the fund's own returns while also being used for strategies, generating two forms of value from one asset.

🌰 For example: An institution has 1 million USDT to buy Benji, which previously could only earn fund returns. Now, in addition to that, they can also earn strategy returns by collateralizing Benji, effectively doubling the capital utilization rate. This model addresses the pain point of 'asset idleness' for institutions, naturally attracting more institutions to participate. ​

Does everyone understand now? #BounceBitPrime @BounceBit $BB