Here is a surprise: ① The current yield rate of USDT pledged on BounceBit has increased from 2% to 24%! ② The price of BB has increased by nearly 50%! The rewards have also increased. ③ The V2 version has just been launched, and the official has prepared 1,000,000 BB airdrops!
Next, let’s talk about the operation process in detail (with screenshots):
1. Preparation
1. Register a BounceBit account:
• Visit BounceBit official website (
https://bouncebit.io/)。
• Click “early access”, link your wallet (such as MetaMask, Bitget, etc.), and enter the invitation code (such as HFZ8M, etc., the specific invitation code can be checked on the official channel).
2. Transfer of assets:
• Go to the asset Deposite page.
• Transfer at least 4000U of USDT or other supported assets (such as ETH, BTC, etc.) to the BounceBit wallet.
2. Pledge Operation Process
1. Convert BTC to BBTC:
• On the BounceBit platform, convert your BTC into BBTC. This step is necessary before staking, as BBTC is the token for staking on the platform.
2. Stake BBTC:
• Enter the pledge page and choose to pledge BBTC.
• Enter the pledge amount (such as the amount of BBTC corresponding to 4000U).
• Confirm the pledge information and submit the pledge request.
3. Obtain staking income and BB rewards:
• After successful staking, users will receive two parts of income: staking income and BB reward.
• The staking income is 12% annualized, that is, if you stake 4000U of USDT, you will get 480U of staking income after one year.
• The BB reward is also 12% annualized, that is, if you pledge 4000U of USDT, you will receive 480U of BB token rewards one year later.
IV. Profit Calculation and Withdrawal
1. Profit calculation:
• Total income = Staking income + $BB Reward = 480U + 480U = 960U.
• Assuming the current USDT price is 1U = 1 USD, the total profit is 960 USD.
2. Withdrawal operation:
• When the pledge period expires or the user needs to redeem in advance, withdrawals can be made on the platform.
• Before withdrawing money, you need to ensure that the wallet address is correct and confirm the withdrawal fee and other related information.
I hope this article can help you successfully carry out staking operations on the BounceBit platform and enjoy the fun of high returns!#BBCeDeFi @BounceBit