The airdrop reward is pretty good, and it comes with a 5-minute tutorial for beginners, which is a good thing.
1. Let me explain the rules first:
① If you use stablecoins to participate in $BB pledge mining, the principal during the pledge period will have a 12% yield, and you will also receive a 10.79% BB airdrop reward red envelope.
② If you participate in staking mining with BTC, SOL, ETH, or BNB, the principal during the staking period will have a 6% yield, and you will also receive a 7.19% BB airdrop reward red envelope.
2. The specific operation tutorial is as follows:
①Open Binance web3 wallet:
②Click Discover and search for bouncebit to find it.
③Click to enter:
④Just select the pledge type and amount. The interest is settled daily and the funds will be credited to your account within 7 days after the pledge is cancelled.
3. A systematic introduction to the bouncebit project:
1. BounceBit Overview
BounceBit is a public chain that uses a dual-token PoS model. Its design concept is based on the security of BTC and is fully compatible with EVM. Its goal is to provide high-yield financial products and a wide range of financial application scenarios through the innovative model of CeDeFi (combination of centralized and decentralized finance).
2. Core Mechanism - Liquidity Custody Tokens (LCTs)
Function Introduction
LCTs are the key to the seamless connection between CeFi and DeFi on the BounceBit chain. It can convert the income earned by users in CeFi (centralized finance) into liquid assets on the chain. These assets can support operations such as re-staking, providing users with opportunities to further gain income in the DeFi field. At the same time, it also supports DeFi applications such as Meme Launchpad, broadening the scope of user participation in the field of decentralized finance.
Application scenario examples
Assuming that a user has obtained a certain amount of income in a traditional centralized financial institution, these income can be converted into on-chain assets through BounceBit's LCTs mechanism. For example, users can use these assets for staking to obtain additional cryptocurrency rewards, or participate in the launch platform (Meme Launchpad) of some emerging DeFi projects and have the opportunity to obtain dividends from early projects.
3. Cooperation and Enhanced Benefits
BounceBit cooperates with Ceffu to use CeFi channels to achieve secure interest income for users. This cooperation further enhances the user's income experience, allowing users to not only obtain income through DeFi applications, but also obtain stable interest income from CeFi channels. For example, part of the user's funds can be used to obtain interest in the traditional financial way through cooperation with Ceffu, while the other part of the funds can participate in various DeFi activities on the BounceBit chain to achieve diversified income.
4. Target User Group and Applicability
Individual users
BounceBit chain is suitable for individual users to conduct daily financial management. Individual users can use its CeDeFi model to increase their wealth through various financial products and application scenarios while ensuring a certain degree of security. For example, individual users can invest idle funds in some income products, such as the LCT-based income model, through simple operations.
Institutional Users
For institutional users, BounceBit focuses more on asset appreciation management. Its robust dual-token structure and strong cross-chain interoperability provide institutional users with the opportunity to flexibly allocate assets in the CeFi and DeFi fields, meeting their needs for asset appreciation.
5. Product Function Development and Innovation
Since its launch, BounceBit has been developing around CeDeFi application scenarios. It has gradually enriched product features, including CeDeFi as a service, cross-chain asset management, and a decentralized revenue model based on LCT. This continuous innovation has put BounceBit in a leading position in the CeDeFi field, creating a more secure, stable and efficient financial environment for global users. For example, the cross-chain asset management function allows users to easily manage assets on different chains, while CeDeFi as a service provides users with a one-stop financial service experience, and the revenue model based on LCT provides users with a unique revenue channel.
#BBCeDeFi @BounceBit $BB
