The CeDeFi Framework: A Technical Breakdown $BB
Maximizing your BTC yield. $BB operates on a sophisticated CeDeFi model that intelligently blends the best of both worlds. Let’s dissect the mechanics. At its core, @BounceBit is a BTC restaking chain. Users deposit their BTC into regulated and insured CeFi custody solutions. This ensures top tier asset security. This custodied BTC then generates a base layer of yield from CeFi sources, such as funding rate arbitrage.
But it doesn't stop there. $BB BounceBit issues a liquid staking derivative token (LSD) representing the user's staked BTC. This token can then be bridged to the BounceBit chain and used across a vibrant DeFi ecosystem built on top of it. This allows users to "restake" their BTC, using the LSD to engage in yield farming, liquidity provision, and other on chain strategies. The result is a multi layered yield stack: you earn from the underlying CeFi strategies and the on chain DeFi activities. This CeDeFi framework provides a secure, capital efficient way for BTC holders to amplify their returns, tapping into diverse yield opportunities that were previously inaccessible.