โก BounceBit: BTC Restaking Meets CeDeFi
@BounceBit is bridging CeFi and DeFi with a new approach to Bitcoin utility.
๐ช What Is BounceBit?
BounceBit is a BTC restaking chain that allows Bitcoin holders to earn yield through both centralized and decentralized finance โ a true CeDeFi framework.
It unlocks liquidity and productivity for BTC in a way never done before. ๐
๐ How It Works
BounceBit combines:
๐ฆ CeFi: Trusted custodians & services
๐ DeFi: On-chain smart contracts
This dual structure enables BTC to be restaked and used to generate yield from multiple sources, not just one protocol.
๐ก Why It Matters
Bitcoin, traditionally passive, now becomes productive capital. BounceBit is changing how we use BTC:
๐ Restaking for rewards
๐งฑ Secure architecture
๐ Cross-layer utility