The market has always been in search of fixed income opportunities for Bitcoin and dollar assets — a market worth multiple billions in traditional finance. While the crypto space has yet to fully tap into this potential, projects like Ethena have also recognized this opportunity, aiming to provide stable dollar yields with synthetic dollars like USDe.
What makes us… us?
Our core philosophy
Perhaps crypto is gradually coming to a point where (from an investors perspective) sifting through a mountain of low-caps is not the best bet anymore, nor is looking for the most scalable, most marketable, most secure infrastructure.
While these strategies might work for competent (or average) VCs and sophisticated (or lucky) retail investors, the risk-reward ratio is steeply declining for most.
Perhaps stable yields will bring us to a new flow of money, different from the legacy system. Perhaps it is already time to think more long-term.
BounceBit is not attempting to reinvent the wheel. Instead, we aim to bring a fresh perspective by integrating the best aspects of CeFi with the innovative potential of DeFi.
Our motivation for starting BounceBit was driven by the desire to democratize access to high-yield opportunities within the Bitcoin asset class. These opportunities were traditionally reserved for quant funds and top asset management firms. We strive to bring the transparent benefits of CeFi to the masses while bridging the gap between CeFi and DeFi.
Retail access, institutional yield.
Our take on CeDeFi
We believe that a fusion of CeFi and DeFi is the way forward, taking the best from both worlds. CeDeFi is the logical step from a chronological and causal perspective and it might just be what will actually drive mass adoption of crypto - the one concept that takes us to the next level.
Trusted custody solutions such as Ceffu, Mainnet Digital, and Fireblocks provide the framework for sustainable and secure yield. These custodians are essential not only for retail investors but also for traditional finance institutions. They serve as a crucial safety net to DeFi, mitigating issues with regulation, smart contract vulnerabilities, and operational challenges.
Our asset-driven approach is particularly focused on the Bitcoin ecosystem. Unlike other projects that aim to act as a Layer 2 or sidechain to the Bitcoin Network, we have identified that there is no substantial demand for such solutions. Recent trends, like runes and BRC-20 tokens, seem to capitalize on temporary hype rather than addressing long-term needs.
Instead, our goal is to build infrastructure for Bitcoin as an asset, enhancing its utility without altering its core technology.
You might not agree, the market might not agree, and that’s fine, we are venturing this road anyway.
To put things into perspective, BounceBit’s unique value proposition lies in unlocking Bitcoin’s potential within both centralized and decentralized finance.
Structurally BounceBit can be characterized by three main pillars.
BounceBit Portal acts as the operating system. It is the interface that allows easy interaction with the products we offer.
BounceBit Chain is the settlement and executional layer of the project.
BounceClub is the Lego set to build CeDeFi as a service and as an ecosystem.
CeDeFi on Portal
We are taking both vertical and horizontal approaches for our CeDeFi expansion. Horizontal means integrating more assets and more asset management venues. Vertical means we are building more CeDeFi products to cover most use cases.
Fixed Earn: Offers fixed income products for Bitcoin and dollar assets, catering to investors seeking predictable and consistent yields.
Lending: Facilitates over-collateralized lending and borrowing, allowing users to leverage their Bitcoin assets for additional yield.
Structured Products: Offers complex financial instruments tailored to meet specific investor needs, combining various yield-generating strategies.
BounceBit’s position is unique. Pioneers of a new paradigm.
