#BounceBit BounceBit (BB) is a centralized decentralized finance (CeDefi) protocol that combines the security of the Bitcoin protocol with the Proof-of-Stake (PoS) consensus agreement. It operates as an independent layer 1 blockchain network, offering dual security and interoperability with other EVM-compatible chains.BounceBit (BB) is a centralized decentralized finance (CeDeFi) protocol that offers dual security from both the Bitcoin (BTC) protocol and the BounceBit protocol. It is a layer 1 blockchain network that operates on the Proof-of-Stake (PoS) consensus agreement, allowing for asset-driven interactions and staking on other EVM-compatible chains through interoperability.