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this post is ... it's not a financial advise its what I do and as I said ...It all will be revealed ...
#bouncebit project review and my own entry level for now ...I advice using DCA its a great way buying making the best average price.
BounceBit is the pioneer native BTC restaking chain. The network is secured by Bitcoin and native BounceBit token staking. The project’s Proof-of-Stake mechanism provides a new dual-token staking system, using BTC security with full EVM compatibility.BounceBit is powered by its native token called $BB, which allows users to actively participate in the PoS Dual-token staking mechanism.
Country:Singapore
Industry:Blockchain Infrastructure
Founded:2023
Whitelist:No
Bounty:Yes
MVP:Yes
BounceBit is a new solution for BTC staking. The field of Bitcoin Layer 2 platforms is undergoing an era of transformation, which is characterized by the emergence of various methodologies and innovative frameworks. Bounce Bit represents a paradigm shift, moving away from Layer 2 and closer to the Layer 1 concept. The project invites you to dive deeper into the philosophy and strategic decisions that shape the development of BounceBit, a chain that is redefining the role of Bitcoin.
BTC tokens from Bitcoin's native chain and various EVM-compatible chains can be bridged into the BounceBit ecosystem. In particular, BTCB on the Binance Smart Chain (BEP20) and WBTC on Ethereum are supported. BounceBit is committed to support all trusted BTC asset types.
Once transferred, these tokens are displayed and represented equally as BBTC on BounceBit, ensuring consistency and ease of use across the platform. The transfer of BTC between chains is carried out using the BTCbridge, an infrastructure validated by the BTC restake.
BBTC is BTC on the BounceBit chain. It can be thought of as a wrapped version of Bitcoin with advanced features that allow Bitcoin to be used beyond just a store of value.
first entry level : 0.403
