#BounceBit BounceBit is a BTC restaking chain with an innovative CeDefi framework. Through a CeFi + DeFi framework, BounceBit empowers BTC holders to earn yield across multiple sources.

The $BB token has several uses on the BounceBit platform:

Staking: Stake $BB to actively participate in the PoS dual-token staking mechanism.

Protocol Incentive: The token is paid out as staking reward to validators who secure the network.

Gas: $BB is the denomination of the gas fees that are required to conduct transactions and execute smart contracts.