BounceBit (BB) is a platform designed to enhance the utility of Bitcoin by integrating decentralized and centralized finance (CeDeFi) mechanisms. It allows users to "restake" Bitcoin, enabling them to earn additional rewards while maintaining asset liquidity. Through its dual-token proof-of-stake system, it supports validators and provides yield opportunities using tokens like BB and BBTC.
The ecosystem offers features such as liquid custody, cross-chain asset bridging, and on-chain engagement through its BounceClub. It is built to enhance Bitcoin's security and capital efficiency while providing innovative financial tools. The BB token is used for governance, staking rewards, and transaction fees
