@BounceBit #Bouncebitpirme $BB

BounceBit is a CeDeFi (Centralized-Enabled Decentralized Finance) platform that unlocks Bitcoin's potential in the DeFi ecosystem. It allows users to deposit their Bitcoin and earn rewards by contributing to the security and functionality of the BounceBit network and other DeFi protocols.

*Key Features:*

- *BTC Restaking*: Users can deposit Bitcoin or wrapped Bitcoin onto the platform and participate in securing the network and supporting DeFi applications, earning rewards in the form of additional BTC and other tokens.

- *Dual-Token Proof-of-Stake (PoS) Model*: BounceBit's blockchain uses both BBTC (a Bitcoin-backed token) and BB (BounceBit's native token) to secure the network and reward participants.

- *EVM Compatibility*: The platform is fully compatible with Ethereum Virtual Machine (EVM), allowing developers to deploy smart contracts seamlessly.

- *CeDeFi Infrastructure*: BounceBit offers institutional-grade yield products, restaking use cases, Real World Asset (RWA) integration, and CeDeFi as a service, making high-yield opportunities accessible to all.¹ ² ³

*Benefits:*

- *Increased Utility*: BounceBit expands Bitcoin's role beyond passive storage, enabling users to earn yield and participate in DeFi.

- *Security*: The platform leverages Bitcoin's security and combines it with the efficiency of CeFi and transparency of DeFi.

- *Diversified Yield Generation*: Users can earn yield from both CeFi and DeFi, including original CeFi yield, node operation rewards, and opportunity yield from participating in on-chain applications.⁴

*Token Information:*

- *BB Token*: The native token of the BounceBit blockchain, used for network security, transaction fees, and governance incentives.

- *Current Price*: $0.1008, with a 2.78% increase in the last 24 hours.

- *Market Cap*: $69.14 million, with a circulating supply of 685.86 million BB tokens.⁵