#BounceBitPrime ,$BB@BounceBit What is BounceBit? BounceBit is a BTC re-staking chain specifically designed for Bitcoin, aimed at addressing issues such as generating interest on Bitcoin assets, inefficient use of idle BTC, lack of innovation, and high gas fees. It builds a re-staking infrastructure for BTC, providing a foundational layer 2 for different re-staking products. The core goal of BounceBit is to create a designated smart contract execution environment, introducing the concepts of App Store and BounceBox, allowing users to quickly deploy their own decentralized applications (DApps) within the BTC ecosystem. Through an innovative CeFi + DeFi framework, BounceBit enables BTC holders to earn yields across multiple networks. Additionally, BounceBit seamlessly integrates the best features of centralized finance (CeFi) and decentralized finance (DeFi) through strategies such as funding rate arbitrage and issuing on-chain tokens for re-staking mining, unlocking new possibilities for Bitcoin and promoting yield enhancement. Overall, BounceBit is an innovative platform aimed at improving the liquidity, security, and yield of Bitcoin assets.
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