#broccoli The BounceBit (BB) token is the native cryptocurrency of the BounceBit ecosystem, a Bitcoin restaking protocol that combines elements of decentralized finance (DeFi) and centralized finance (CeFi). This dual-token system leverages both Bitcoin and BounceBit tokens to secure the network and offer yield opportunities to BTC holders.
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📊 Current Market Data
Price: Approximately $0.1767 USD
Market Cap: Around $92.55 million USD
Circulating Supply: Approximately 523.7 million BB
Total Supply: 2.1 billion BB
All-Time High: $0.8709 (June 6, 2024)
All-Time Low: $0.1352 (April 9, 2025)
24h Trading Volume: Approximately $32.15 million USD
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🔧 Token Utility
The BB token serves multiple functions within the BounceBit ecosystem:
Staking: Participate in network security and earn rewards.
Transaction Fees: Used to pay for transaction and smart contract execution fees.
Governance: Allows holders to vote on protocol changes and upgrades.
Liquidity Provision: Facilitates smooth asset flow across the platform.
Cross-Chain Compatibility: Designed for interoperability across multiple blockchains.
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📈 Tokenomics & Distribution
BounceBit's token distribution is structured to support its ecosystem growth and incentivize participation:
Staking Reward & Delegation Program: 35%
Investors: 21%
BounceClub & Ecosystem Reserve: 14%
Team: 10%
Binance Megadrop: 8%
Advisors: 5%
Testnet & TVL Incentive: 4%
Market Making: 3%
The total supply is capped at 2.1 billion BB tokens, mirroring Bitcoin's 21 million supply but scaled for the BounceBit ecosystem.
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🔒 Vesting & Unlock Schedule
Token vesting schedules are designed to ensure long-term commitment:
Team & Advisors: 12-month lock-up, followed by monthly releases.
Investors: 12-month lock-up, then monthly unlocks.
Staking Rewards: Distributed over a 10-year period.
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🔗 Ecosystem Highlights
Dual-Token Proof-of-Stake (PoS): Utilizes both BB and Bitcoin for network security.
CeFi & DeFi Integration: Offers yield opportunities through native validator stakin
