#BounceBit BounceBit is a cryptocurrency project that focuses on enhancing the utilization and value of Bitcoin by introducing innovative infrastructure and strategies. It operates as a Proof-of-Stake (PoS) Layer-1 blockchain, where validators stake both Bitcoin (BTC) and BounceBit's native token (BB). This approach aims to merge the reliability of Bitcoin with BounceBit's ecosystem to unlock new use cases and enhance security.
BounceBit is also pioneering a CeDeFi (Centralized Decentralized Finance) framework, combining centralized finance's liquidity and structure with decentralized finance's flexibility. Its offerings include the BounceBit Chain for blockchain operations, the BounceBit Portal for investor products like lending and borrowing, and BounceClub, a platform for users to create their own decentralized finance tools.