#BounceBit

The BounceBit (BB) token is the native cryptocurrency of the BounceBit blockchain ecosystem, built on a proof-of-stake (PoS) consensus mechanism. It has a capped total supply of 2.1 billion tokens, symbolizing a nod to Bitcoin's 21 million cap. BounceBit is designed to support various decentralized finance (DeFi) applications and cross-chain functionalities.

The BB token serves multiple purposes within the ecosystem, including:

1. Transaction Fees: Used for gas fees on the network to execute smart contracts and transactions.

2. Staking Rewards: Users can stake BB tokens to secure the network and earn rewards.

3. Utility: Acts as a medium of exchange and store of value in the BounceBit ecosystem.

4. Interoperability: Facilitates cross-chain interactions and integrations with other blockchains.

The token also supports advanced features such as liquid staking and integration with stablecoins like BBUSD. #BounceBit