BounceBit: Opening a New Chapter in CeDeFi for BTC Restaking
Amidst the wave of innovation in the Bitcoin ecosystem, BounceBit stands out with its unique CeDeFi framework, integrating centralized and decentralized finance, becoming the first dedicated chain focused on BTC restaking. It aims to fully unlock the potential of Bitcoin, the world's largest crypto asset.
BounceBit's core mechanisms are ingenious:
1. Asset Bridging and Staking: Users deposit BTC with their trusted custodian partner, Ceffu, and receive BBTC certificates of equivalent value.
☕
2. CeFi Yield Layer: Custodians generate base yields on deposited BTC using traditional financial instruments (such as government bonds).
☕
3. DeFi Restaking Layer: Users cross-chain their BBTC to the BounceBit mainnet and participate in staking, providing liquidity, or validating nodes within the native ecosystem, earning additional returns.
☕
Its PoS chain is protected by "Custodian Nodes," combining institutional-grade custody with on-chain validation.
BounceBit addresses Bitcoin's native lack of smart contracts and interest-earning capabilities. By combining compliant custody with on-chain DeFi, it unlocks dual income streams for holders (base income from CeFi + income from DeFi re-staking). Its TVL has exceeded $500 million, demonstrating the market's strong demand for a new narrative of BTC interest-earning.
As a pioneer in BTC re-staking, BounceBit is creating a new value capture scenario for the Bitcoin economy, attracting the attention of explorers.
@bounce_bit
#BounceBitPrime
$BB
#USTariffs
{future}(BBUSDT)