BounceBit has introduced a groundbreaking native liquidity staking module, aimed at bringing greater benefits to users through special staking certificates, namely stBB and stBBTC. Here are the key points about this module:
Certificate of Commitment stBB and stBBTC
Certificates of Commitment (LSTs): When users participate in liquidity pledges on BounceBit, they will receive pledge certificates in the form of stBB or stBBTC. These certificates represent users' pledged assets and will accumulate rewards over time.
Automatic Rewards Accumulation
Rewards Accumulation Every 4 Hours: Liquidity pledge rewards will automatically accumulate into the user's pledge certificate every 4 hours. This ensures that users do not need to take any action to receive rewards, helping to optimize their experience and profits.
Update Commitment Balance
Automatic Balance Update: User's pledged balance will be updated automatically each time rewards are accumulated. This brings transparency and convenience, helping users easily track and manage their assets.
Benefits of BounceBit Liquidity Commitment Module
Optimal Profits: Users can optimize profits from their assets through automatic and regular reward accumulation mechanism.
Convenience and Transparency: Automatically updating committed balances helps users easily manage assets without needing to perform any additional operations.
Safe and Secure: stBB and stBBTC pledge certificates are designed to ensure the safety of users' assets, providing peace of mind when participating in liquidity pledges.
Conclude
BounceBit's native liquidity pledge module, with stBB and stBBTC pledge certificates, offers a convenient and efficient solution for users looking to optimize returns on their assets. With automatic reward accumulation and regular balance updates, users can easily manage and track profits without any additional operations. This not only enhances the user experience but also strengthens BounceBit's position in the liquidity commitment space.
