@bounce_bit: Clear Structure, Closed Application Loop From a token economics perspective, BounceBit's design logic is relatively clear within the current BTC ecosystem: $BB is a sovereign token, fulfilling core functions such as L1 governance, staking, and fee payments; stBB is its liquidity-staking version, supporting secondary market liquidity and accretive returns; BounceClub's module layer also includes functional assets such as Club Token and Launchpad MEME Token, forming a complete "token application matrix." Unlike some single-purpose on-chain tokens, $BB's role isn't simply to pay fees and then become useless. Instead, it continuously participates in revenue strategies, execution paths, and module applications. Especially as structured strategies begin to integrate with INTX and the Club layer continues to launch DEX, Launchpad, and AI modules, the bond between the token and the platform is strengthening. From an economic model perspective, this multi-purpose, high-participation token architecture is more likely to support long-term value. As for the price, $BB has been largely range-bound over the past few weeks. With the upcoming protocol upgrade and increasing ecosystem activity, is there room for a revaluation? Stay tuned. #bouncebit @bounce_bit {spot}(BBUSDT)