Continuing from the previous article, we will discuss the achievements of @BounceBit in terms of CFTC:
Collateral Strategy:
@BounceBit has repackaged traditional financial products using blockchain technology. From a data perspective, BlackRock's BUIDL fund has surpassed $500 million in management scale, indicating that there is a genuine demand from institutions for tokenized government bonds.
BounceBit's approach essentially involves a dual-return strategy. On one hand, you can earn relatively stable returns from U.S. Treasury bonds, with an annualized rate of about 4-5%. On the other hand, through their CeDeFi system, you can also participate in various arbitrage opportunities in the cryptocurrency market.
This combination can indeed hedge risks to a certain extent