First Use Case – BounceBit PoS Chain
The @BounceBit Proof of Stake Chain will be the first real-world showcase of BTC Restaking in action, powered by a dual-token model:
Native BTC for security & liquidity
$BB for governance & staking
How it works:
1️⃣ Deposit BTC into regulated custody.
2️⃣ Mint bounceBTC (BBTC) on the BounceBit chain.
3️⃣ Delegate BBTC to validators to receive stBBTC.
4️⃣ Restake stBBTC into SSCs (like oracles or sidechains) or put it to work in other DeFi strategies.
Meanwhile, the BTC in custody keeps earning risk-free yield from funding rate arbitrage—maximizing efficiency without sacrificing security.
