BB has now fallen to a very cheap price
I think this is an oversold state
After studying its fundamentals and its applications in detail
If Bitcoin starts to skyrocket
BB should have a relative increase of 5 to 10 times
Or are they believers who hold Bitcoin for a long time?
May participate in re-pledge projects
Various altcoins have been slowly falling recently.
It seems we have to wait for the interest rate cut in September
The greed index is also below 30
The market is too deserted
But it’s also the time for you to build a good position
Buy quality altcoins in batches
I won’t treat you badly in future rewards.
BounceBit is a re-staking project built in the Bitcoin ecosystem, with the goal of "allowing BTC to generate organic staking rewards." By creating a new ecosystem, BounceBit Chain, it is expected that network income can be used as the native income of Bitcoin.
What problems does BounceBit Liquidity Custody Service want to solve?
Assets deposited into CeFi lack liquidity
Now when users invest assets, they usually choose from a series of CeFi strategies and products. In this structure, users lose direct control over their assets, whether for general investors or third-party fund managers. So true.
Even if users use OTC settlement solutions with on-chain proofs, the ability to transfer and liquidate positions is still subject to many limitations. For example, assets placed in investment institutions cannot have liquidity and more applications. Users are effectively sacrificing any further possibility of leveraging their assets for staking and liquidity to provide profits.