ABOUT BOUNCEBIT ($BB )
BounceBit is the first original $BTC retake chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens.
Bitcoin BTC RESTAKE CHAIN
Enhanced profits for Bitcoin holders
Currently, holders of BTC, WBTC, and BTCB lack on-chain profit opportunities, leading to very low capital utilization in current DeFi systems. BounceBit innovatively introduces a BTC replication mechanism, allowing Bitcoin holders to simultaneously earn income on-chain through PoS and DeFi and off-chain through CeFi.
Bridge between DeFi and CeFi
There are many BTC arbitrage trading strategies in the current CeFi system. BounceBit aims to ensure that funds can be directly verified on-chain while participating in CeFi arbitrage, introducing an on-chain Mirror mechanism. This mechanism will be supported by Ceffu's Mirror system and Mainnet.
EVM compatibility guaranteed with Bitcoin
As the most decentralized asset in the current crypto industry, Bitcoin lacks real usage opportunities on existing public chains. BounceBit's consensus layer will introduce a hybrid PoS Mechanism, allowing the use of Bitcoin to ensure network security and diversification. At the same time, BounceBit's execution layer will gain EVM Compatibility to accelerate the migration of existing DeFi liquidity to the Bitcoin ecosystem.
#DYOR 🔥Note: maximum total supply
🪙BTC: 21,000,000 units
🪙BB: 2,100,000,000 units
👉1 BTC = 100 BB
👉If BTC = 60,000U then BB = 600U💸🤔
