#BounceBit

BounceBit is a Bitcoin restaking protocol launched in May 2024, aiming to integrate centralized and decentralized finance (CeDeFi). Backed by Binance, its framework enhances Bitcoin investing with improved infrastructure and accessibility. Key elements include the BounceBit Chain (a proof-of-stake blockchain), Liquid Custody Tokens for dual benefits, and BounceClub for custom product creation. It focuses on combining CeFi’s structure with DeFi’s transparency, offering yield options and efficient blockchain solutions.