#bouncebit @BounceBit BounceBit is a BTC restaking and CeDeFi protocol that bridges the stability of centralized finance with the innovation of DeFi.

• BTC Restaking: Users delegate Bitcoin to secure the network and mint a wrapped variant (e.g., stBBTC) in exchange, enabling liquid staking and multi-layered yield strategies—while their BTC remains in regulated custody via partners like Ceffu and Mainnet Digital. The staked BTC earns yield through delta-neutral arbitrage, and the liquid token becomes usable across DeFi services. 

• Dual-Token PoS Architecture: BounceBit operates as its own PoS Layer 1 chain. Validators stake both BTC (in wrapped form) and native BB tokens, combining Bitcoin’s security with BounceBit’s protocol.   CeDeFi Infrastructure: The platform includes features like:

• Liquid Custody Tokens (LCTs) for on-chain liquidity and yield

• One-click fixed-yield products

• Asset management strategies (Auto mode and manual)

• On-chain brokerage with reduced fees and slippage

• Access to real-world asset (RWA) yield instruments

• Structured products like Dual Investment and “SharkFin” options    

• VC Backing & Growth: BounceBit launched in early 2024, backed by investors like Binance Labs, Blockchain Capital, and Breyer Capital. Its CeDeFi V2 upgrade (Nov 2024) added asset and liquidity management features aimed at institutional adoption.    The native BB token plays several critical roles:

• Staking & Consensus: Used by validators in the dual-token PoS model.

• Gas & Operations: Pays for transactions and smart contract execution on the BounceBit chain.

• Governance: Enables holders to vote on protocol upgrades and changes.

• Medium of Exchange: Serves as on-chain currency and value unit within the CeDeFi ecosystem.  

The ecosystem also includes BounceClub, an AI-driven aggregator for DeFi strategies, memecoins, and GameFi applications.