#BounceBit it is about transforming Bitcoin from a passive asset to a positive force in the cryptocurrency ecosystem by actively participating in network verification and various income-generating activities (including CeFi, DeFi, and retake), enhancing Bitcoin assets.
•The mission of the project is to provide more people access to high-yield opportunities in Bitcoin assets that are normally only available to top-tier quantitative and asset management firms. The goal of BounceBit is to bring the combined benefits of transparent CeFi and DeFi to the masses.
•BounceBit is based on the concept that promoting the development of Bitcoin should primarily involve the use of assets without changing the Bitcoin blockchain, effectively combining centralized finance (CeFi) and decentralized finance (DeFi). This integration creates opportunities for Bitcoin to generate better returns and be used more widely. BounceBit is a middleware protocol built on Bitcoin. Through an innovative CeFi + DeFi framework, BounceBit allows BTC holders to earn returns across multiple networks.