@BounceBit
BounceBit's own PoS consensus mechanism provides security (validator node staking).
Provides economic security for decentralized applications built on BounceBit (similar to EigenLayer's AVS).
Participates in DeFi activities such as lending, derivatives, and liquidity mining as collateral.
Core Values:
Unlocking BTC capital efficiency: Allows 'sleeping' BTC to participate multiple times in yield-generating activities, earning multiple returns (base staking rewards + re-staking rewards).
Enhancing chain and ecosystem security: By re-staking, the value capture and security assurance capability of BTC are extended to the BounceBit mainnet itself and various applications on it, forming a security layer supported by BTC value.
Guiding ecosystem prosperity: Provides developers with new ways to leverage BTC's vast capital and security to launch and secure their applications, attracting more applications to build on BounceBit.
