BounceBit (BB) is a platform aimed at earning yield by re-staking Bitcoin (BTC), utilizing a CeDeFi approach that merges aspects of decentralized and centralized finance. BB holders can benefit from staking, participating in DeFi, and a CeFi mirroring system. Security is ensured through a dual-token staking system using both BB and BTC. The BB token is the primary utility coin within the ecosystem, with various uses including staking, governance voting, and transaction fees. The total supply of BB coins is capped at 2.1 billion. For more information, visit their website at bouncebit.io.
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