$BB #BounceBitPrime BTC Restaking: BounceBit allows users to restake their Bitcoin (BTC) to secure the network and earn rewards.
Dual-Token PoS: The network operates on a Proof-of-Stake mechanism that utilizes both BBTC (wrapped BTC) and the native BB token for validator operations and network security.
CeDeFi Model: BounceBit blends the security of centralized finance (CeFi) with the flexibility of decentralized finance (DeFi), including features like regulated custody solutions and off-exchange settlement.
BB Token Utility: The BB token is crucial for the BounceBit ecosystem, serving as the utility and governance token. It is used for transaction fees, staking, governance, and incentives.
Institutional Collaboration: BounceBit partners with institutions like BlackRock and Franklin Templeton to offer institutional-grade yield strategies and tokenized Real World Assets (RWAs) through its Prime module, making them accessible to a wider user base.
Binance Integration: Binance has significantly integrated BB into its ecosystem, expanding access across various products like Earn, Spot, Convert, Margin, and Futures, enhancing liquidity, accessibility, and visibility.
