BounceBit is the first native BTC Restaking chain, secured by staking both Bitcoin and the BounceBit token. It has a unique dual-token staking system with full EVM compatibility. BounceBit introduces a hybrid DeFi and CeFi yield mechanism, allowing BTC holders to earn yield through validator staking, the DeFi ecosystem, and the CeFi mirroring mechanism. The $BB token has multiple uses: staking to participate in the dual-token staking mechanism, protocol incentives for validators, gas fees for transactions, governance for protocol upgrades, and as an in-platform currency. BounceBit's layer 1 includes a dual-token PoS mechanism and a native LSD module. Its underlying CeFi layer provides a regulated storage solution for user funds and off-exchange payments for secure access to CEX liquidity. Total Supply: 2,100,000,000
Circulating Supply: 465,883,561
Official URL: WebSite
Social Media: Discord
Similar Projects: BounceBit BTC, Celestia, Renzo Restaked ETH, Oasis
