#bouncebit #bounce

What is BounceBit?

BounceBit is a CeDeFi (Centralized + Decentralized Finance) platform, combining elements of CeFi and DeFi to offer enhanced earning opportunities. It enables users to restake Bitcoin (wrapped as a token) in DeFi protocols, unlocking passive yield generation.

The project operates on a Proof-of-Stake Layer‑1 blockchain, secured by staking both BTC and BounceBit’s native token ($BB). This dual-staking model enhances Bitcoin liquidity in DeFi ecosystems.