Reconstructing the Bitcoin Value Ecosystem: BounceBit's CeDeFi Innovative Practice

In a critical stage of the maturation of the crypto economy, BounceBit is redefining the role of Bitcoin with its unique CeDeFi (a fusion of centralized and decentralized) architecture—transforming it from a 'non-productive store of value' into a secure cornerstone driving on-chain economy. By building an EVM-compatible L2 network optimized for BTC re-staking, @BounceBit has achieved a dual breakthrough in asset efficiency and system security. Its core token $BB is not only the key to ecological governance but also a value hub connecting traditional finance and decentralized innovation.

BounceBit's innovation is concentrated in its recently launched #BounceBitPrime vault product. This product for the first time brings institutional-grade yield strategies on-chain, with underlying access to the tokenized money market fund Benji issued by Franklin Templeton, ensuring asset safety through compliant custodianship, and guaranteeing predictable returns and auditable processes. After users deposit USDT, the system automatically converts it into Benji shares and injects them into the vault, immediately beginning to accumulate yields from the underlying money market, currently annualizing around 5%. Furthermore, @BounceBit introduces a delta-neutral arbitrage mechanism at the strategy level, such as funding rate hedging trades, to achieve 'double-layer yield stacking', with an overall annualized target range of 10%-45%, significantly enhancing capital efficiency.

This mechanism operates based on a governance and incentive system driven by the BB token. Through #BounceBitPrime , BB holders can not only participate in protocol-level decisions, such as vault strategy adjustments and the introduction of partner institutions through on-chain voting, but they can also stake to become validation nodes, participate in network consensus, and share transaction fees and arbitrage profits, with annualized returns reaching 20%-30%. The unique 'dual-token PoS' mechanism requires validators to stake both $BB and BBTC simultaneously, enhancing network security while achieving cross-asset value synergy.

In addition, the liquidity staking design allows stBB holders to retain governance rights while participating in DeFi lending, trading, and other scenarios, truly realizing 'uninterrupted returns and retained rights'.

Looking ahead, BounceBit not only serves Crypto Native users but is also committed to becoming a compliant gateway for traditional institutional funds entering the on-chain world. As the RWA track accelerates its evolution, $BB and #BounceBitPrime may become key bridges connecting real-world assets with decentralized finance.