$BB $BTC $WIF BounceBit can be understood as a Bitcoin staking platform, allowing users to profit from their unused Bitcoin. A special feature of BounceBit is its early access model, which encourages users to participate and use Bitcoin for staking. This platform opens up a new feature for Bitcoin, helping users earn passive income, thereby increasing the value and utility of Bitcoin.

What is BounceBit?

BounceBit operates as an infrastructure platform that provides products that help users exploit the full potential of Bitcoin through staking. The project opens up opportunities for Bitcoin investors to profit from both the on-chain decentralized finance (DeFi) market and the centralized financial market (CeFi).

BounceBit's difference is a Layer 1 Proof of Stake (PoS) ecosystem. In this system, transaction validators need to stake (lock) both BTC and BounceBit's native token.

This is called a dual security system with two types of tokens, which aims to increase the safety of the network and at the same time enhance the intrinsic value of Bitcoin by allowing BTC holders to actively participate in the process. validator of the BounceBit network.