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⚪️🟡The first week of CeDeFi V2 generated more than $𝟏,𝟎𝟎𝟎,𝟎𝟎𝟎 in protocol revenue (excl. $BB rewards). ~27% avg. APY across BTC, USDT, SOL, ETH and BNB. #BBCeDeFi
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What is BounceBit CeDeFi?
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BounceBit’s Automated Yield Optimization Powered by MirrorX Off-Exchange-Settlement
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⚪️🟡A few updates for CeDeFi V2: 1. CeDeFi yield and reward calculations are performed once daily. Your balance will update on a 24-hour cycle to reflect these changes. 2. All $BB rewards are distributed in stBB tokens and will be automatically reinvested through compound staking to maximize your returns. 3. We have successfully distributed approximately $6M USD to eligible V1 users, comprising unclaimed profits and CeDeFi redeemed positions. 4. stBBTC subscription and redemption services will be activated within the next 24 hours. We appreciate your patience during this process.
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⚫️🟢Today we shed light on how Ceffu Global powers our 'Auto' allocation mode with MirrorX off-exchange settlement. Read this blog post to learn the details: https://medium.com/@bouncebit/bouncebits-automated-yield-optimization-powered-by-mirrorx-off-exchange-settlement-5968bbe0918d $BB
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