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BounceBit is the first-ever native BTC Restaking chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens. BounceBit's PoS mechanism introduces a unique dual-token staking system by leveraging native BTC security with full EVM compatibility.

In a groundbreaking move, BounceBit introduces the mixed DeFi and CeFi yield mechanism, allowing BTC holders to earn yields through native validator staking, DeFi ecosystem, and a CeFi mirroring mechanism powered by Ceffu and Mainnet Digital.

The $BB token has several uses on the BounceBit platform:

Staking: Stake $BB to actively participate in the PoS dual-token staking mechanism.

Protocol Incentive: The token is paid out as staking reward to validators who secure the network.

Gas: $BB is the denomination of the gas fees that are required to conduct transactions and execute smart contracts.

Governance: Use $BB to participate in on-chain governance, e.g. voting on protocol upgrades.

Currency: $BB can be used as currency on the BounceBit platform. It can be used in various applications and infrastructure, as medium of exchange or store of value.


BounceBit’s Layer 1 consists of the following components:

Dual-token PoS: A hybrid consensus mechanism where each validator can accept both $BBTC and $BB tokens;

Native LSD module: A module allowing the delegation of staking to validators and receiving a LST voucher in return.

BounceBit has a foundational CeFi layer which consists of below components:

Regulated Custody: All user funds are stored in secure custody solutions utilizing MPC wallets.

Off-Exchange Settlement (OES): OES enables safe access to CEX liquidity, while transactions are settled off-exchange.

BounceBit

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BB	USD
0.1	0.00327908346
1	0.03279083462
2	0.06558166925
5	0.16395417313
10	0.32790834627
20	0.65581669255
50	1.64
100	3.28
1000	32.79

USD	BB
0.1	3.05
1	30.50
2	60.99
5	152.48
10	304.96
20	609.93
50	1,524.82
100	3,049.63
1000	30,496.33

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BB to USD Price Chart

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BB to USD Conversion Table

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