@BounceBit (
$BB ) is the native utility and governance token of the BounceBit blockchain—a Layer-1 Proof-of-Stake network designed to integrate Bitcoin into DeFi activities. It runs on a dual-token staking system where validators stake both BB and Bitcoin (via BBTC), combining Bitcoin’s security with smart contract flexibility. Validators use both BB and BBTC to secure the network, while Ethereum compatibility ensures developers can easily deploy dApps. Users who deposit BTC receive liquid restaking tokens like BBTC or LCTs, enabling yield farming, staking, and collateralization. BounceBit also offers CeDeFi yield strategies and real-world asset integrations through partners like Ceffu and Mainnet Digital. BB serves as gas fees, staking rewards, and governance voting power within the ecosystem. The total supply is capped at 2.1 billion, with about 409.5 million BB in circulation. Currently trading near $0.136–$0.138, BB holds a market cap of around $56–57M, well below its ATH of $0.865 but up significantly from its ATL of $0.0735. BounceBit has shown strong growth with TVL surpassing $669M, backed by institutional moves like Franklin Templeton’s fund integration and a $16M buyback program. With BTC restaking, liquidity, and CeDeFi innovations, BB positions itself as a bridge between Bitcoin and institutional-grade finance.
#BounceBit #BBToken #Crypto #DeFi #bitcoin