BounceBit – Transforming Bitcoin into Economic Incentives for Web3 Through BTC Restaking

While most Bitcoin (BTC) currently remains idle in investors' wallets or is only traded on exchanges, BounceBit emerges with a different vision: to transform BTC from a passive asset into a security resource and value creator for the entire Web3 ecosystem. This is achieved through an innovative BTC Restaking model, combining the security power of Bitcoin with the application scalability of modern blockchains.

  1. Core: What is BTC Restaking? BTC Restaking is a mechanism that allows Bitcoin to be used as a common security layer for various blockchain applications. Instead of just holding or trading, BTC will be "restaked" ( to provide security for: Sidechains & Fast finality layers )fast-finality layers(Oracle networkCross-chain bridges )cross-chain bridges(Virtual Machine )VM(Data availability layers )data availability layers( This helps to concentrate the security power of BTC and distribute it to multiple components within the network, rather than each application having to build its own security system.
  2. The combination of CeFi + DeFi: The foundation of BounceBit A special point of BounceBit is that they not only operate purely in DeFi but also combine elements of CeFi )Centralized Finance( to ensure safety and transparency. BTC ) in the form of native BTC, BTCB on BNB Chain, or WBTC( will be sent to managed and audited custody units. These units provide: Transparent on-chain through integrated technologyAudited financial reportsGenerate safe profits from strategies such as delta-neutral funding rate arbitrage BTC sent will be wrapped into a blockchain-compatible format, called bounceBTC )BBTC(, for use throughout the entire BounceBit ecosystem.
  3. Shared Security Clients )SSCs( – Shared Security Clients SSCs are applications or networks that use security from BTC Restaking, including: Sidechains Oracle Cross-chain bridge Keeper networks Virtual machine Data layer With SSCs, developers do not need to build security infrastructure from scratch but can leverage the "security power" of BTC, helping to launch applications faster, safer, and more diversely.
  4. What can users do with BTC in BounceBit? When BTC is introduced into the BounceBit ecosystem, users have many options: Delegate BTC to ValidatorsThe network operators receive BTC to maintain consensus.The sender receives Liquid Staking Derivatives )stBBTC(, which can continue to restake to earn additional rewards or participate in DeFi.Stake directly into SSCsLock BTC into applications like oracle, bridges, etc.Participate in DeFiTrade AMM, farming, leverage trading, or other yield strategies.
  5. The first application – BounceBit PoS Chain BounceBit Proof of Stake )PoS( Chain is the first proof of BTC Restaking. This system operates with a 2 token model: BTC: serves as liquidity & security BounceBit native token: used for governance & staking Process: BTC is safely held in custody. Users mint BBTC on the BounceBit chain. BBTC authorizes validators to receive stBBTC. stBBTC can: Restake into SSCs )oracle, sidechain, etc. ( Participate in DeFi strategies. Meanwhile, the BTC in custody still generates safe profits from the funding rate arbitrage strategy.
  6. Long-term vision BounceBit wants to redefine the role of Bitcoin – from a mere store of value asset to a key economic driver for Web3.

By combining the safety of CeFi and the flexibility of DeFi, along with the BTC Restaking model, BounceBit opens up a multi-chain ecosystem secured by BTC itself, where new applications can develop rapidly, safely, and efficiently. ♡𝐥𝐢𝐤𝐞💬 ➤ #BounceBitPrime @bounce_bit $BB {spot})BBUSDT(

BTC1.99%
BB-1.79%
CHO-2.52%
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