#BB #Bitcoin ##Bitcoin $BTC ❤️‍🔥$BB

1. What is BounceBit?

• Simply put, it is about transforming Bitcoin from a passive asset to a positive force in the crypto ecosystem by actively participating in network verification and various income-generating activities (including CeFi, DeFi and retaking), leveraging Bitcoin assets .

•BounceBit is based on the concept that promoting Bitcoin development should primarily involve the use of assets without changing the Bitcoin blockchain, effectively combining centralized finance (CeFi) and decentralized finance (DeFi). This integration creates opportunities for Bitcoin to generate better returns and be used more widely.

What are the highlights (advantages) of BB?

• BTC Recovery: The BTC recovery infrastructure built by BounceBit ensures the security of funds through the regulated custody services of Ceffu, Mainnet Digital and Fireblocks. When assets generate interest through arbitrage strategies managed by experienced asset management entities, users receive a pegged version of BTC called bounceBTC (BBTC) that can be delegated to node operators who will return the commitment certificate ( stBTC) to the promisee.

•Dual-currency PoS: PoS This system broadens the stakeholder base and weaves an additional layer of resilience and security into the consensus fabric of the network.

•BounceClub: BounceClub can be used as an on-chain DeFi experience space without coding and can be easily integrated from the App Store.

•Liquid Custody: BounceBit introduces the concept of “Liquid Custody”

•Commitment: Commits BB to participate in the Bounce Bit PoS dual-currency commitment mechanism.

•Gas rate

•Governance: Use BB to participate in on-chain governance

• Currency: BB can be used as currency on the BounceBit platform.