In-depth analysis and price prediction of BounceBit (BB), the first project of Binance's first Megadrop!
1: Why must you participate in the first round of Megadrop?
Megadrop is a brand-new token issuance platform. Through Megadrop, users can participate in selected Web3 projects that have not yet been officially launched on Binance.
BounceBit (BB), the first project launched on Megadrop, leaves more benefits to real players. Unlike other airdrops that can create countless addresses to get big money, Binance itself requires KYC, and then creates through Binance web3 wallet, which directly excludes some studio players and gives other real users more opportunities.
2: Let's get to the point, BounceBit (BB), a BTC re-staking public chain!
Through the cefi+defi model framework, staking allows BTC user holders to obtain income across multiple networks
How is it done specifically?
1. Ensure fund security through regulated custody services of Ceffu, Mainnet Digital and Fireblocks. When assets generate interest through arbitrage strategies, users are rewarded with a BTC-pegged version called bounceBTC (BBTC), which can be delegated to node operators, who return the staking certificate (stBTC) to the staker. This liquid staking derivative can then be staked to other shared security clients (SSCs) such as sidechains, bridges, and oracles.
2. Use a dual-currency PoS hybrid consensus mechanism to allow each validator to accept BBTC and/or BB tokens at the same time. This system expands the stakeholder base and weaves an extra layer of resilience and security into the network consensus structure.
3. The concept of "Liquid Custody" keeps collateral assets liquid while providing more opportunities to earn returns. When users deposit assets into BounceBit, they receive a Liquid Custody Token (LCT), which represents their assets being custodied at a 1:1 ratio. These tokens can be bridged to BounceBit and used further.
2024: Q1, TVL reaches 500 million in one month.
2024: Q2, reach 100,000 early users in 2 months!
Project investment background:
The $6 million seed round was led by BlockChain and Breyer Capital, with participation from Binance Lab and OKX Ventures.
Highlight summary:
Pledge BB to participate in the dual-currency staking mechanism of Bounce Bit PoS.
Dual-currency PoS hybrid consensus mechanism, each validator can accept BBTC and/or BB tokens at the same time;
The native LSD module allows for delegation of staking to validators and receiving LST certificates in return.
All user funds are stored in a secure custody solution through the MPC wallet.
OES can safely leverage CEX liquidity, while transactions are settled over-the-counter
Price prediction:
The current over-the-counter price seems to be around 0.75u per coin, and the opening time of BounceBit is 18:00 on May 13, 2024
Based on personal experience, the listing price of BB will be around 0.8$-1$
Official website: https://bouncebit.io
Official Twitter: @bounce_bit
Binance also has an event for new coins and new users this time. Hurry up and forward it to your friends to get the points airdrop. If the transaction volume is greater than 100u, three BB tokens are waiting for you to claim
Binance exclusive new user benefits are new! New users share 70,000 BBs!
New users register and trade 100U, the first 2000 users will receive 20 BB rewards per person, and users after 2000 will share 30,000 BBs!
Event time: 08:00 on May 8, 2024 to 07:59 on May 12, 2024 (Eastern Time Zone 8)
The first 2000 new users [with a transaction volume greater than or equal to 100U] will each receive 20 BB rewards, the amount is limited, and it is first come first served; users who participate effectively during the event period but register and [complete the 100U transaction task] after 2000 in chronological order will share 30,000 BBs BB
Exclusive registration link without VPN:
https://www.suitechsui.club/zh-CN/join?ref=NPHG6FO0
Invitation code: NPHG6FO0
APK installation package: https://download-1306379396.file.myqcloud.com/pack/BNApp_F0000163.apk
After registration, remember to use this link to sign up before trading
https://www.binance.com/cn/activity/marketing-campaign/db6052b48ac04a1185fbd6707a728cb8
First registration Binance trading volume greater than 100U+First contract trading volume greater than 100u+Binance web3 wallet to get 100 points, action is worse than action, forward this article to your friends and bring them together to get airdrops
