August 13 — BounceBit $BB announced in its message that over the past week it has repurchased 8.87 million BB tokens from the open market. The buyback will continue, funded by approximately 16 million dollars of the protocol's annual revenue.
BounceBit $BB integrated the tokenized treasury fund BENJI from Franklin Templeton with assets of $692 million into the BB Prime platform. This fund is used as collateral and a means of settlement for yield strategies, offering approximately 4.5% income from real-world assets (RWA) plus cryptocurrency-based yield. This makes $BB Prime a hybrid platform, combining regulated assets and the efficiency of decentralized finance (DeFi)
