What is BounceBit?
BounceBit is building an infrastructure for BTC re-staking that provides a foundational layer for various re-staking products, which are secured through the regulated custody of Mainnet Digital and Ceffu.
The BounceBit chain is designed as a re-deposit product offering within the BounceBit ecosystem.
It is a PoS 1 layer secured by validators who stake both BTC
and the native token of BounceBit, which is a dual-token system that leverages the security of native Bitcoin with full compatibility with EVM.
The critical infrastructure of the ecosystem, such as bridges and oracles, is secured through re-staked Bitcoin.
Through the innovative CeFi + DeFi framework, BounceBit enables BTC holders to earn yield across multiple networks.