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notton

research - share / i never give financial advise / hold for grandchildren
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Conan
Conan
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okay, since there are lots of posts about @bounce_bit , 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 @bounce_bit team good luck, honestly... but you my friend, be careful where you put your money! DYOR before investing ciao $EIGEN $BB $BTC {spot}(BTCUSDT) {spot}(BBUSDT) {spot}(EIGENUSDT)
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!

DYOR before investing

ciao

$EIGEN $BB $BTC

can bittensor conquer crypto world? 🤔 who knows... $TAO {spot}(TAOUSDT)
can bittensor conquer crypto world? 🤔
who knows...
$TAO
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