#BounceBitPrime 🪙 What is BounceBit Prime?

BounceBit Prime (BBP) is the native token of the BounceBit platform, a CeDeFi (Centralized Decentralized Finance) infrastructure protocol that combines the security of centralized custody with yield opportunities from DeFi. It operates an L1 chain compatible with the Bitcoin ecosystem, focused on restaking and on-chain finance.

🔑 Key features of BounceBit Prime (BBP):

• Utility token used for staking, fees, and governance within the BounceBit ecosystem.

• Connected to the BTC ecosystem: supports BTC restaking and related assets.

• Integrates CeFi + DeFi: assets are held in secure custody (like Ceffu), but are used in DeFi products with on-chain transparency.

• Support for modular restaking with technology similar to EigenLayer.

• Recent listing on major exchanges like Binance.

📊 Tokenomics (basic information):

• Symbol: BBP

• Total supply: 2.1 billion tokens (maximum)

• Distribution: Includes allocation for community, team, investors, and ecosystem.

• Deflationary mechanisms: part of the fees may be burned or redistributed.

🚀 Project Highlights:

• Partnerships with major players like Binance Custody, Ceffu, and BTCFi protocols.

• Promotes yield with BTC through staking/restaking products.

• Launch of BounceClub, an environment for creating customized DeFi clubs.

• Integration with scalability solutions for a better user experience.

#BounceBitPrime #BB #bouncebit #BouncebitClubs @BounceBit @BounceBit $BB