🔥 What is the BB token?
BB is the native token of the BounceBit ecosystem. It’s got a fixed total supply of 2.1 billion tokens—echoing Bitcoin’s supply at a larger scale—with parts released over time for staking rewards, vested team allocations, ecosystem reserves, and early incentives like their Binance Megadrop.
What does BB actually do?
1. Staking & Network Security
You can stake BB in BounceBit’s dual-token Proof-of-Stake system—paired with BTC—to help secure the network, earn staking rewards, and participate in validation.
2. Pay for Gas
Just like ETH on Ethereum, BB is used to pay transaction fees and smart contract execution on the BounceBit chain.
3. Governance
Hold BB, and you get voting power in network decisions—upgrades, burning mechanisms, governance proposals, that sort of thing.
4. Currency & Utility
BB acts like money inside the BounceBit world. You can use it as a medium of exchange, a store of value, and to interact with platform components. It’s designed to be interoperable and cross-chain friendly.