#BounceBit đš
BounceBit's most recent enhancement merges centralized and decentralized finance to create CeDeFi V2, a protocol that offers users cross-chain support without the need to navigate through BounceBitâs chain.
$BB
Binance-supported Bitcoin staking startup BounceBit has introduced its latest upgrade known as CeDeFi, which represents Centralized-Decentralized Finance. The platform aims to blend both aspects to improve operational efficiency and reinforce security measures.
Following the launch of its upgrade on Nov. 12, BounceBit experienced a 2X surge in inflow, totaling $20 million in Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) transactions across the CeDeFi V2 multi-chain platform.
The upgrade brings multi-chain support for ETH, BNB, SOL, and BTC without requiring users to transfer funds through BounceBitâs chain.
Additional notable features included in the upgrade encompass user adaptability, new Auto, Fixed, and Manual yield strategy choices, as well as increased APY rewards, with over $10 million bridged in the initial hour. #BinanceSquareFamily
