#BounceBit
BounceBit (BB) is a Bitcoin-native restaking protocol combining elements of centralized finance (CeFi) and decentralized finance (DeFi). Supported by Binance Labs, the platform aims to expand Bitcoin's use beyond a traditional store of value by enabling yield generation through a dual-token economy. This ecosystem incentivizes participants to stake both Bitcoin and BB tokens, enhancing security and operational efficiency. BounceBit uses advanced technologies like Multi-Party Computation (MPC) and off-exchange settlement to ensure secure and transparent transactions. With over $782 million in total value locked and a growing user base, BounceBit is poised to redefine Bitcoin's role in the digital economy by blending traditional financial structures with innovative blockchain solutions.