#BounceBit

What is 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. The native token, BB, is used for governance and transactions, and the platform provides transparency through Mainnet Digital’s custody services and Ceffu’s MirrorX technology.