BounceBit is a platform designed to maximize the benefits of Bitcoin through the concept of re-staking. In the context of crypto, re-staking is the process of locking up digital assets to support the operation of a blockchain network (such as validating transactions) while earning rewards in the form of yield. However, BounceBit goes a step further by leveraging the CeDeFi framework, which combines the best elements of CeFi and DeFi.
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