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okay, since there are lots of posts about @BounceBit , I also want to tell you my opinion.
introduction if you are familiar with Eigen, BB is exactly the same thing , but for BTC.
- it enables bitcoin restaking - wrapping BTC via regulated custody into LCT (liquid custody token) that can be restaked and used in DeFi apps. - it has dual-token security: BTC + BB - EVM-compatible Layer 1: devs can build smart contracts - it aims RWA
also - its on an early stage - it has regulatory risk - it has to prove security of smart contracts - it has validators risk - it's not so decentralized as it seems
As restaking grows, BounceBit must differentiate itself from other emergent BTC staking solutions
i do wish @BounceBit team good luck, honestly... but you my friend, be careful where you put your money!