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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.
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BounceBit Token (BB) contract address is 0xd459eceddafcc1d876a3be7290a2e16e801073a3.
BounceBit Token (BB) pool was created 1 month ago.
The best way to purchase BounceBit Token is using the ApeSpace Swap feature that automatically finds the cheapest and fastest swap option for you.
The current price of BounceBit Token (BB) in USD today is $0.1770.
The trading volume of BounceBit Token (BB) is $3,106.15 in the last 24 hours.
BounceBit Token (BB) price has a 24-hour high of $0.1770 and its 24-hour low so far is $0.1658.
There is currently $117,235.98 in the BB / WETH liquidity pool.
BounceBit Token (BB) has a 0% tax on any buys and a 0% tax on any sells.
BounceBit Token (BB) currently has 35 holders.
Market capitalization of BounceBit Token (BB) is $88,116.63. Market cap is measured by multiplying token price with the circulating supply of BounceBit Token (BB) tokens.