#BounceBit

BounceBit (BB) is a cryptocurrency that powers the BounceBit ecosystem, designed for decentralized finance (DeFi) and blockchain interoperability. It uses a capped supply model of 2.1 billion tokens, reflecting Bitcoin's supply inspiration. BB is primarily utilized for staking, governance, transaction fees, and smart contract execution. Around 35% of its supply is reserved for staking rewards, incentivizing users to secure the network through its Proof-of-Stake mechanism. $BB