FIRST PROJECT ON BINANCE MEGADROP: #BOUNCEBIT

- Investors: Breyer Capital, OKX Ventures, NGC Ventures, Mexc ventures, Blockchain Capital,...

- Partner: Lorenzo Protocol, Multibit, Antalpha Global, Nubit,...

- Project name: BounceBit (#BB)

- Maximum total supply: 2,100,000,000 $BB

- Megadrop reward: 168,000,000 $BB (8% of total supply)

- Initial circulating supply: 409,500,000 $BB (19.5% of total supply)

BounceBit is a Layer 1 network providing a native staking solution for BTC, with an innovative CeDefi framework, transforming BTC from a passive asset into a driving force in hst by actively participating in network validation and many profit-generating activities including CeFi, DeFi and retake.

Besides, BounceBit is also compatible with EVM, allowing developers to conveniently execute dApps on the network. In addition, the project also integrates BounceBit Bridge and BounceClub features, providing a seamless experience for users.

🍇 Main highlights: Different from many staking protocols on hst Ethereum, BounceBit stands out with its focus on the Bitcoin network with the following advantages:

- Combining CeFi and DeFi: Allows users to earn funding rate profits from cex exchanges, and at the same time use LSD BTC of the protocol to participate in DeFi applications such as farming, lending... to increase efficiency. use capital.

- Dual-token model: The network uses a PoS mechanism with 50 validators divided into 2 groups according to the dual-token model: BBTC and BB. This helps BounceBit expand the pool of participants operating the network, thereby promoting the project's security capabilities.

- Liquid Custody: When users deposit their assets on BounceBit, they will receive liquidity custody tokens (LCT), which represent their assets in custody on a 1:1 basis

👍 To participate in Megadrop, you can do one or both of the following:

1. Register to lock BNB on Binance

2. Complete Web3 Quests (using Binance web3 wallet) to receive Web3 Quest Bonus and Web3 Quest Multiplier

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- Tele Binance VN: https://bit.ly/4aNb5N3

- Account registration link to receive reduced transaction fees: https://bit.ly/44dD85U

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