@BounceBit turns BTC into a 'live asset' asset-liability management
Institutions need more flexible cash flow rather than a single APY. @BounceBit utilizes tokenization (like stBBTC) to strategically route the same BTC between market-making, stability, and PoS, summarizing at the end of the month based on ticket metrics.
An asset manager wrote an 'event calendar' into the routing: gradually increasing market-making weight to 80% two weeks before issuance, and dropping back to 50% three days after the event; simultaneously creating a dashboard for 'target volatility maintenance, available liquidity ratio, and switching costs' to execute based on threshold auto-triggering. Quarterly results show improvement in unit principal output while significantly shortening the vacancy period, and the reports provide stronger explanatory power.
The advantage of this approach is that 'asset-liability management can be engineered', rather than relying on traders' experience; when tickets are custodized, cleared, and the reporting system natively recognizes them, the 'live asset' form of BTC will become the default for institutions.