BounceBit is an innovative BTC re-staking chain that allows Bitcoin holders to stake idle BTC to earn yields from multiple sources through a unique CeDeFi (combination of centralized finance and decentralized finance) framework. Users can convert Bitcoin to BBTC and stake it on the platform to earn rewards, with yield sources including CeFi rewards obtained through regulatory custody and asset management services, node operation rewards provided through staking and PoS mining, and DeFi yields from ecological applications. BounceBit also adopts a dual-token staking model (Bitcoin and BounceBit native token) to ensure network security and accelerates the migration of DeFi liquidity to the Bitcoin ecosystem with the help of Ethereum Virtual Machine (EVM) compatibility.
@BounceBit and includes topic tags #BounceBitPrime and $BB
,