⚫️🟡We are starting a campaign together with #Binance Square! 57,000 $BB in rewards🎉
1⃣Follow @bounce_bit & our Square account 2⃣Use the hashtag #BBCeDeFi to share your original insights about CeDeFi on Binance Square. Posts must include $BB. 3⃣Share your Square post to 𝕏, tag @bounce_bit and use the #BBCeDeFi hashtag to increase exposure and engagement!
#BBCeDeFi The 16th Binance Square Nationwide Essay Event is here!
The 16th Issue of the Essay Project Sponsored by @BounceBit
Project Introduction: BounceBit is a public chain that adopts a dual-token PoS model, based on the security of BTC and fully compatible with EVM, aiming to provide high-yield products and a wide range of financial application scenarios through the innovative model of CeDeFi (combining centralized and decentralized finance). BounceBit Chain achieves seamless connection between CeFi and DeFi by designing liquidity custody tokens (LCTs). LCTs convert the earnings users obtain in CeFi into on-chain liquidity assets, supporting re-staking and Meme Launchpad and other DeFi applications. BounceBit also collaborates with Ceffu to achieve secure interest income through CeFi channels, further enhancing the user earning experience.
The $BB coin launched on May 13 at the same time as Mainnet, with its main utility as PoS asset. Now it stands out as a multifaceted asset that plays a crucial role in the BounceBit ecosystem. BB follows an industry-first Hybrid Platform Token Model. As a hybrid platform token, BB combines several key functionalities that make it an essential component for users, developers, and stakeholders alike. The Three Pillars of BB Utility The following utility is coming with the launch of BounceBit V2 an
The upcoming V2 launch on the 11th will be accompanied by a $BB festival filled with rewards and boosted yield! Read on👇
1. Enhanced Base APY The APY on CeDeFi V2 positions will be super high for the first month. Boosted BB APY across the board! Additionally we will add a 2x weight multiplier for USDT deposits! 2. More than 1,000,000 $BB will be distributed to the first 2,000 users that subscribe to CeDeFi with more than >$10,000 Rewards are tiered:
We're excited to support @durianwin as our first CeDeFi ecosystem project!
duriandotwin is a retail-focused platform for perpetual trading, powered by CeDeFi. 15% of their token supply will be airdropped to the BounceBit community & CeDeFi V2 users.
The markets just opened! ▪️SSE Composite Index ▪️SZSE Component Index ▪️Hang Seng Index
🔗http://club.bouncebit.io/defi/quanto
Long and short with (or without) leverage using $BB #chinastock #HSI
Guide below ⏬ 1. Visit http://club.bouncebit.io/defi/quanto 2. Select the index you want to trade 3. Click 'Long' or 'Short' and then input the amount of $BB and leverage that you want to trade. 4. Confirm the transaction in your wallet.
A cross-chain liquidity strategy establishing multiple liquidity end points on Ethereum, BNB Chain, Solana and more.
The first proof of concept is supported by @Multibit_Bridge and bridges $NOTBB & $LNNG. More ecosystem tokens are soon to follow.
Full article linked below ⏬
LIVE
BounceBit
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$BB Intent Liquidity - Bread And Butter
BounceBit Chain is a Cosmos-based EVM-compatible Layer 1 with its native token $BB. Its core product is CeDeFi, utilizing custody, asset management and other CeFi elements combined with DeFi. BounceBit Chain serves as a hub where users can engage with various on-chain applications in the BounceClub ecosystem, aiming to build a sustainable ecosystem through real-world use cases of $BB. Identified Problem The blockchain landscape is saturated with numerous Layer 1 and Layer 2 solutions, many of which offer overlapping functionalities. Attracting users and liquidity has become more difficult, as user adoption is often driven by price rather than technological innovation. Competing with dominant public chains like Solana, BNB Chain, and Ethereum is especially challenging, as these platforms lead in user base and capital inflow. For emerging chains like BounceBit, establishing a self-sustaining ecosystem becomes increasingly difficult without a robust, interconnected liquidity framework to bridge and integrate assets across mainstream smart contract networks. Proposed Solution
The Bread & Butter Liquidity Scheme is a cross-chain liquidity strategy that bridges BounceBit token (BB) to major EVM-compatible blockchains and the Bitcoin CeDeFi ecosystem. Supporting multiple liquidity end points live on major chains such as Ethereum, BNB Chain and Solana. We call it the Bread & Butter liquidity scheme because it forms the essential foundation of our ecosystem, much like bread and butter are staples in many diets. The BB coin serves as the "bread" - the base of our financial structure, while the various liquidity pools and mechanisms act as the "butter," spreading utility and value across networks. $BB, our foundational "bread," will have deep liquidity pools on mainstream EVM networks. Meanwhile, tokens on the BounceBit chain will be paired with native gas tokens on mainstream EVM chains (e.g., ETH, BNB, Polygon) and with Bitcoin-based CeDeFi assets (e.g., BBTC, BBUSD), creating a nourishing spread of liquidity across multiple networks. Projects launched on BounceBit will have optional liquidity on other chains with $BB liquidity pairs. Users from other ecosystems can access BounceBit ecosystem tokens without coming to BounceBit Chain, and prices and liquidity are rebalanced through arbitrage - smoothing out price difference like butter on bread. When users purchase the token on Ethereum, liquidity will be channeled back to BounceBit Chain. The liquidity channel is built to serve intent-based users who want to access and trade BounceBit tokens without bridging to BounceBit chain in the first place, making our "Bread & Butter" offering even more convenient and accessible. First Launch Partner The BounceBit team is launching the first proof of concept with MultiBit Bridge @Multibit_Bridge as the core bridging partner. The first tokens that are bridged are $NOTBB and $LNNG, the most viral memes on BounceBit at the moment. Other ecosystem tokens will follow soon, which tokens will be bridged depends on demand. Users across platforms can trade BounceBit ecosystem tokens on Ethereum and BNB Chain using ETH and BNB. Each trade will benefit $BB as it channels liquidity back to BounceBit Chain.
BounceBit Chain is a Cosmos-based EVM-compatible Layer 1 with its native token $BB. Its core product is CeDeFi, utilizing custody, asset management and other CeFi elements combined with DeFi. BounceBit Chain serves as a hub where users can engage with various on-chain applications in the BounceClub ecosystem, aiming to build a sustainable ecosystem through real-world use cases of $BB. Identified Problem The blockchain landscape is saturated with numerous Layer 1 and Layer 2 solutions, many of wh