#BounceBit

What is BounceBit?

BounceBit is an innovative blockchain platform focused on CeDeFi (Centralized-Decentralized Finance) solutions, combining the benefits of centralized finance's reliability with decentralized finance's transparency and accessibility. It is built on a dual-token Proof of Stake (PoS) Layer 1 chain secured by Bitcoin (BTC) and BounceBit's native token, BB. This infrastructure allows Bitcoin to be actively staked for network security, enabling users to earn staking rewards while maintaining interoperability with Ethereum Virtual Machine (EVM)-compatible chains.

BounceBit offers features such as liquid staking derivatives (LSDs), which let users earn yields by leveraging staked BTC across DeFi platforms. Additionally, it incorporates real-world asset investments, liquidity management, and innovative tools like Liquidity Custody Tokens (LCTs). The platform emphasizes institutional-grade yield opportunities that are typically reserved for large-scale investors, democratizing access for retail users.