In a bull market, the best strategy is to hold and wait for the price to rise. If you can earn additional income while holding, that would be even better.
@BounceBit is a good choice, both safe and rich in returns. Users' assets are managed by the Binance custody platform Ceffu, ensuring the safety of funds. Additionally, BounceBit offers dual rewards of $BTC and $BB, making the returns even more substantial.
Recently, BounceBit has launched a major upgrade to version V2, expanding from a single Bitcoin asset management model to a #CeDeFi management platform that covers the entire chain, multiple assets, and various strategies, and has partnered with BounceClub (@BounceBitClub) to incorporate on-chain rewards and rebate mechanisms.
Highlights of version V2 include:
1. Full chain and multi-asset support: V2 supports various assets such as BTC, BNB, ETH, SOL, allowing direct operations without cross-chain transactions, helping users diversify their investment portfolios and enhance return stability.
2. Rich financial products: V2 offers more strategy options, including automated strategies, fixed income products, and manual management strategies, allowing users to choose flexibly according to their needs.
3. Upgraded user experience: The optimized contracts and interface make operations easier, simplifying asset management.
The upgrade to V2 makes BounceBit's performance in the CeDeFi space even more remarkable. For long-term holders, CeDeFi is a safe and reliable choice that not only protects assets but also provides institutional-level management services. The advantage of CeDeFi is that assets are held by large centralized platforms (such as Binance), backed by substantial reserves, ensuring higher security.
In terms of returns, BounceBit provides stable and diversified income sources, including $BB token subsidies and arbitrage profits from market makers. After collaborating with Ethena, the annualized return on USDT staking can reach up to 20%.
Overall, BounceBit is a great choice for asset appreciation. Version V2 enhances user experience, offers richer product options, and the current market value of $BB is relatively low with limited circulation, as most funds are locked, resulting in lower selling pressure. This sector has not yet attracted widespread attention, presenting a potential opportunity.
