#BounceBit

BounceBit (BB) is a BTC restaking chain that operates within a CeDeFi (Centralized Decentralized Finance) framework. It transforms Bitcoin from a passive asset into a dynamic one by enabling active participation in network validation and various yield-generating activities, including CeFi (Centralized Finance), DeFi (Decentralized Finance), and restaking. This innovative approach allows users to “wrap” their BTC into another token that can be used within DeFi applications.

BounceBit aims to bridge traditional finance and decentralized finance, enhancing transparency and security through decentralized blockchain ledgers and on-chain settlement technologies.