My previous impression of cross-chain products was that they were "cumbersome and expensive," but after trying BounceBit's cross-chain functionality, my view was completely changed. I deposited some USDC on Ethereum, and without any manual intervention, the system automatically generated corresponding lUSDC on the BounceBit chain. Even more surprising, this token automatically accrues interest—I checked and found that the balance is adjusted every 8 hours based on the earnings, which is like "passive compounding."
I also noticed that cross-chain settlements must be paid with BlackBerry, which has created a strong demand for BlackBerry. Last month, I transferred BBTC from BSC to Ethereum, saving nearly 30% in settlement fees compared to other cross-chain bridges, and the funds arrived in just 2 minutes. Later, I traded the transferred BBTC on a perpetual DEX and found that I could directly use BlackBerry to offset some of the costs. This "cross-chain + trading + cost-saving" synergy makes me believe that BlackBerry's use cases are becoming increasingly broad.
I tracked cross-chain data for October, and the BounceBit cross-chain bridge had an average daily trading volume of $120 million, with 73% of users choosing to pay settlement fees with BlackBerry. I currently rely on it for cross-chain transactions. First, it's hassle-free. Second, using BB for payments is truly cost-effective. Plus, the security of your assets is backed by a custodian, so you don't have to worry about risks like milestone attacks.
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