BounceBit is a platform for re-staking Bitcoin that combines the features of decentralized and centralized finance through its CeDefi architecture. This structure enhances the potential of BTC owners to generate income from diverse sources.
 
 $BB, which serves multiple purposes in the BounceBit ecosystem, is the main utility coin of the BounceBit ecosystem. The holders of $BB are eligible to take part in the platform's dual-token proof-of-stake mechanism. This approach rewards validators with $BB, thereby ensuring network security. Additionally, $BB tokens can be used to pay for transaction fees and the execution of smart contracts. 
 
 Furthermore, $BB allows token holders to vote on important protocol changes, including software upgrades. It serves as a medium of exchange and a reserve of value within the platform's infrastructure. #BBUSD