#bouncebit $BB How to use BTC effectively is undoubtedly the focus of BTC ecology. Different project parties have submitted different answers in this essay.

Today, let’s talk about an interesting BTC ecological project-#bouncebit

BounceBit is a re-staking base layer in the Bitcoin ecology. In terms of design, it cooperated deeply with Binance to build #CeDeFi components with high returns; in addition, it built BounceBit Chain by itself, built specific use scenarios for re-staking, and integrated a complete system. In layman's terms, it is a re-staking public chain based on the Bitcoin ecosystem and combined with the liquidity of centralized exchanges. In terms of investment institutions, BounceBit raised a seed round of 6M US dollars in February this year, and in March and April this year, OKX Ventures and Binance Labs respectively made strategic investments, but the specific amount was not disclosed. In terms of core concepts, BounceBit's design is completely different from the current Bitcoin L2. It does not design new asset types, nor does it attempt to modify any part of the underlying Bitcoin protocol. On the contrary, it clearly knows that the core of the Bitcoin ecosystem is BTC itself, which has a huge market value and the best decentralized attributes. What BounceBit does is just to leverage BTC itself. This seemingly lazy and tricky approach is actually a way to get to the essence. BounceBit clearly tells users that this is a centralized product, and only uses BTC as an asset on the BounceBit chain. After all, the key is to use BTC in a way that BTC holders can trust, increase its usage scenarios, and the specific means can be flexible. BounceBit's solution is simple and direct, and it creates value around BTC revenue. I personally think this is a good application solution. In summary, BounceBit is the first project of #Megadrop , and has a deeper cooperation with Binance. The BTC ecological track itself is also one of the hot tracks in this round. It uses BTC in a way that BTC holders can trust. The solution is simple and effective, suitable for different scenarios and flexible. This round is optimistic!