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Hendratimothy
@Hendratimothy
Hello. We are here to read and write, right? :)
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Dont trust. Verify.
No free lunch. Be smart
No free lunch. Be smart
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#BounceBit
BounceBit (BB) is a centralized decentralized finance (CeDefi) protocol that combines the security of the Bitcoin protocol with the Proof-of-Stake (PoS) consensus agreement. It operates as an independent layer 1 blockchain network, offering dual security and interoperability with other EVM-compatible chains. I think bouncebit will exceed our expectation if we can hold. But Surely it is for long long term. In the future, cedefi protocol will widely used because technology development will take part in out life. So please be aware and get prepared before you are late.
The BounceBit PoS Chain will be the first showcase of BTC Restaking infrastructure. It is secured by validators staking BTC and staking BounceBit’s native token — A dual-token system leveraging native Bitcoin’s security, liquidity and low volatility. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only on the asset level instead of the protocol level, taking a Layer 1 Proof of Stake approach.
BTC in regulated CeFi Custody is locked so that the user can mint a wrapped version of BTC on the BounceBit chain, we call it bounceBTC (BBTC). This BTC can be delegated to node operators, that return a voucher to the staker, stBBTC. This liquid staking derivative can then be restaked to other SSCs, like sidechains, bridges and oracles, or be used to participate in further yield generation. All of this happens, while the BTC in the regulated custody is earning risk-free yield through funding rate arbitrage.
BounceBit (BB) is a centralized decentralized finance (CeDefi) protocol that combines the security of the Bitcoin protocol with the Proof-of-Stake (PoS) consensus agreement. It operates as an independent layer 1 blockchain network, offering dual security and interoperability with other EVM-compatible chains. I think bouncebit will exceed our expectation if we can hold. But Surely it is for long long term. In the future, cedefi protocol will widely used because technology development will take part in out life. So please be aware and get prepared before you are late.
The BounceBit PoS Chain will be the first showcase of BTC Restaking infrastructure. It is secured by validators staking BTC and staking BounceBit’s native token — A dual-token system leveraging native Bitcoin’s security, liquidity and low volatility. Unlike existing Layer 2 solutions, BounceBit interacts with Bitcoin only on the asset level instead of the protocol level, taking a Layer 1 Proof of Stake approach.
BTC in regulated CeFi Custody is locked so that the user can mint a wrapped version of BTC on the BounceBit chain, we call it bounceBTC (BBTC). This BTC can be delegated to node operators, that return a voucher to the staker, stBBTC. This liquid staking derivative can then be restaked to other SSCs, like sidechains, bridges and oracles, or be used to participate in further yield generation. All of this happens, while the BTC in the regulated custody is earning risk-free yield through funding rate arbitrage.
Hard earned marks. Just only 174!
Still waiting for the conversion, hope it is fair. See you on Tuesday, October 22.
#SCR #scrsnapshot
Still waiting for the conversion, hope it is fair. See you on Tuesday, October 22.
#SCR #scrsnapshot
CATI launchpool staking reward.
How about the price prediction?
I think it will be $0.7 to $1.2
#catizen #CATIprediction
How about the price prediction?
I think it will be $0.7 to $1.2
#catizen #CATIprediction
Today, i got 30.12 manta from BNB locked product promotion. Thank you binance! 😍
Thank you Manta.
#writetoearn
Thank you Manta.
#writetoearn