Many people hold BTC, but leaving it there just allows it to sit quietly, with limited returns. The emergence of BounceBit has found a new 'use' for Bitcoin. It is not simply a second layer, but rather a BTC Restaking Chain based on the CeDeFi framework, allowing BTC holders to earn multiple returns through restaking.
The design highlight of BounceBit is its combination of the advantages of CeFi and DeFi. CeFi offers fund security, custody capabilities, and institutional compliance channels, while DeFi provides open earning opportunities and composable financial legos. The combination of both ensures the safety of users' BTC while releasing its value on-chain.
Currently, the BounceBit ecosystem has gradually taken shape, encompassing yield protocols, staking derivatives, and more application scenarios. In particular, it integrates BTC staking with yields on-chain, helping BTC holders realize asset reutilization, which is forward-looking in the trend of BTC application.
What’s more noteworthy is that BounceBit does not only focus on a single direction but enhances the overall returns for users through multi-layered yield stacking. This design caters to the value preservation needs of BTC holders and brings feasible solutions for more institutions to enter BTC. It can be said that BounceBit is opening a brand new value channel for BTC. #Bouncebitprime @BounceBit $BB