[BB listing expectations and airdrop activities are at the end of the article]
It is a brand new token issuance platform that seamlessly integrates Binance Earn products with Binance Web3 wallet, redefining the airdrop experience. Through Megadrop, users can be the first to participate in selected Web3 projects that have not yet been officially launched on Binance.
[Lao Ai believes that this is undoubtedly a rare benefit for players who don’t have BNB]
The first phase of the project BounceBit (BB) is about to be launched. Friends in the crypto market all understand that the first mining must be a bonus period. The number of participants in this phase also shows that most of the friends have rushed in.
At the same time, the cooperation between the project and the exchange, and the project and platform users, has become closer through the platform wallet as a bridge. At the same time, it has also brought many people around, and more real users have participated in the construction of the project and platform.
How to participate in megadrop Jump to Lao Ai's post, or search megadrop on my homepage to get the nanny-level tutorial
Project research report and its listing expectations [including expected points income]
BounceBit (BB), a BTC re-staking public chain
1. Project Highlights
BTC Re-staking: Funds are secured through regulated custody services from Ceffu, Mainnet Digital, and Fireblocks. As assets generate interest through arbitrage strategies, users are rewarded with a BTC-pegged version called bounceBTC (BBTC), which can be delegated to node operators, who return the staked certificate (stBTC) to the staker. This liquid staked derivative can then be re-staked to other shared security clients (SSCs) such as sidechains, bridges, and oracles.
2. Dual-currency PoS: Dual-currency PoS is a hybrid consensus mechanism where each validator can accept BBTC and/or BB tokens at the same time. This system expands the stakeholder base and weaves an additional layer of resilience and security into the network consensus structure.
3. Liquid Custody: BounceBit introduces the concept of "Liquid Custody" to keep collateral assets liquid and provide more opportunities to earn returns. When users deposit assets into BounceBit, they will receive a Liquid Custody Token (LCT), which represents their assets being custodied at a 1:1 ratio. These tokens can be bridged to BounceBit and used further.
2024: Q1, TVL reaches 500 million per month.
2024: Q2, reach 100,000 early users in 2 months!
Summary of highlights:
Staking: Stake BB to participate in the dual-currency staking mechanism of Bounce Bit PoS.
Dual-Currency PoS: A hybrid consensus mechanism where each validator can accept both BBTC and/or BB tokens;
Native LSD module: This module allows delegating stake to validators and receiving LST certificates in return.
Compliant Custody: All user funds are stored in a secure custody solution through the MPC wallet.
OTC Settlement: OES can securely tap into CEX liquidity, while trades are settled OTC.
Official website: https://bouncebit.io
Official Twitter: @bounce_bit
Token Economy:
The total supply of BB is 2,100,000,000, and the circulating supply after listing is 409,500,000 (19.50% of the total token supply).
What needs to be noted in the unlocking cycle is that there is no large amount of token release before November 25, and the initial circulation accounts for 19.5%
Listing opening expectations:
According to the market value of the new BNB coin, each issue is between 300 million and 600 million, and the initial circulation is calculated as 0.7 and the price is around 1
According to the points exchange rules, Lao Ai tested it without BNB. The points for doing the megadrop task are 1000 points, 10 points are exchanged for one coin, the BTC cost of staking is about 7U, 100 coins, and the airdrop reward is 50-150u, so the price is still around 0.7
According to the official website, 1BTC has about 400,000 points. Assuming that 10 points is one coin, it is equivalent to the current 6WBTC expectation, and the price is 1.5. [This point exchange ratio is a guess, so the maximum price is 1.5. According to the normal staking yield of 50 points, the price is around 0.75]
Overall: Blind test BB's listing price will be around 0.8
Activity:
Megadrop's web3 task has BNB points bonus, without BNB the basic points are 1000 points
BB Binance Newcomer Airdrop Event
Event Link:Binance Captain Exclusive Link
Invitation code: ZP4OMAUK [It is most convenient to register with an app invitation code]
Activity 1: Binance exclusive new user benefits are updated! New users can share 70,000 BBs with their transactions!
New users register and trade 100U, the first 2000 users will receive 20 BB rewards per person, and users after 2000 will share 30,000 BB!
Event time: 08:00 on May 8, 2024 to 07:59 on May 12, 2024 (GMT+8)
Activity 2: Invite existing Binance users to open a futures account and participate in futures trading to share 42,000 BB!
(Please note that the activity time is from 8:00 on May 8, 2024 to 07:59 on May 15, 2024 (GMT+8)
