Binance-Backed Bitcoin-Focused Altcoin Project Announces Plans!

The Bitcoin (BTC) project, supported by Binance, the world's largest cryptocurrency exchange, announced a remarkable road map.

BounceBit, the first Bitcoin restaking chain project supported by cryptocurrency exchange Binance, shared its road map. In the post made by the team, details about the work on BounceBit Portal, BounceBit Chain and BounceClub were included:

BounceBit has three development pillars and each has a defined roadmap. Our big direction is to focus on CeDeFi and make various CeDeFi products in our chain.

In the road map, it was stated that structurally BounceBit can be characterized by three main pillars, and these are shaped specifically by BounceBit Portal, BounceBit Chain and BounceClub:

BounceBit Portal acts as the operating system. It is the interface that allows easy interaction with the products we offer. BounceBit Chain is the settlement and execution layer of the project. BounceClub is the Lego set for building CeDeFi as a service and an ecosystem.

The team emphasized that CeDeFi products, like Binance Megadrop and Premium Yield, have proven returns and feasibility at scale.

BounceBit combines centralized finance (CeFi) and decentralized finance (DeFi) to create a concept it calls CeDeFi.