BounceBit (BB) is a new token that has been listed on Binance today. It's the first project launched on Binance Megadrop, a platform that combines features of Binance Simple Earn and the Binance Web3 wallet.
Here's a quick rundown of BounceBit:
đ„It's a restaking chain for Bitcoin, aiming to turn BTC into a more dynamic asset.
đ„It uses a dual-token staking system that combines BTC security with compatibility with the Ethereum Virtual Machine (EVM).
đ„BB tokens can be traded on Binance with BTC, USDT, FDUSD, and BNB pairings.