Can CeDeFi finally marry real-world yields with BTC restaking?

BounceBit is rewriting the “restaking” playbook by wrapping Bitcoin or wrapped BTC into a yield-generating protocol backed by real-world, institutional-grade returns. The innovation? Prime integration with Franklin Templeton’s tokenized U.S. money market fund (BENJI)—that means base yield comes from government-backed assets, not fairy dust.

Here’s how it works: your BTC stays with a regulated custodian, and is represented on-chain as a Liquid Custody Token (LCT)—like BBTC or BBUSD. These tokens stay pegged 1:1 to your original asset while unlocking access to delta-neutral strategies, stickier yields, and protocol-level returns.

What stands out: BounceBit’s Early 2025 data shows TVL in the hundreds of millions, plus active restaking and ongoing buybacks funded by Prime revenue—meaning the protocol is using its profits to support its token, not just hype. That blend of institutional yield × Bitcoin exposure isn’t common, but it could redefine how BTC holders engage with DeFi.

The real question: can BounceBit scale without diluting yields? If LCT volumes grow and buybacks keep pace, it could prove that DeFi can be both real yield and wallet-friendly. @BounceBit #BounceBitPrime $BB