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BounceBit

BB

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BounceBit Basic
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BounceBit Info

White paper
Website
bouncebit.io
Contracts
Explorers
bbscan.io
Community
twitter
chat
officialForum
telgegram
subreddit
Source code
Sector
Layer1
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BounceBit Team

Individuals
Jack Lu
co-founder
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BounceBit Intro

BounceBit is a pioneering Bitcoin restaking chain that incorporates several innovative mechanisms to expand Bitcoin's utility and enhance its value. The project utilizes a dual-token Proof of Stake (PoS) system, allowing validators to hold both BBTC and BB tokens, thus enhancing network security and stability.

Additionally, BounceBit has launched "BounceClub", an on-chain space where users can create DeFi experiences without the need for coding, using pre-built widgets for easy integration available from the App Store. Moreover, BounceBit has introduced the concept of Liquid Custody, in which users receive a Liquid Custody Token (LCT) representing their deposited assets on a 1:1 basis. These tokens can be bridged back to BounceBit for further use, providing additional yield-generating opportunities.

Binance Labs has invested in BounceBit, supporting its innovations in the CeDeFi space, which combines centralized and decentralized finance features. This investment underscores the potential of BounceBit to transform Bitcoin from a passive asset into an active force within the ecosystem by employing strategies like re-staking and mining, blending the benefits of centralized and decentralized finance to offer diversified revenue streams to Bitcoin holders.

BounceBit Unlock & Allocation
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BounceBit Timeline

BounceBit Token unlock

Unlocked: 15.63%(32.82b)
Total Locked: 49.40%(103.74b)
Untracked: 34.97%(73.44b)

BounceBit Token allocation

Staking Reward & Delegation Program:35.00%(735.00m)
Investors:21.00%(441.00m)
BounceClub & Ecosystem Reserve:14.00%(294.00m)
Team:10.00%(210.00m)
Binance Megadrop:8.00%(168.00m)
Advisors:5.00%(105.00m)
Testnet & TVL Incentive:4.00%(84.00m)
Market Making:3.00%(63.00m)

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BounceBit Price Live Data
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The live BounceBit price today is $0.4159 USD with a 24-hour trading volume of 87475087 USD. We update our BounceBit to USD price in real-time. BounceBit is +8.51% in the last 24 hours. The current SoSoValue marketcap ranking is # 290, with a live market cap of $ 170,311,050 USD. It has a circulating supply of 409,500,000 BB coins and a max supply of 2,100,000,000 BB coins.
BounceBit
BB
#355
$0
+8.51%
Total dollar volume24H
$87,475,087
High24H
0.4216 USDT
Low24H
0.3781 USDT
Market Cap
#355$170,311,050
FDV
$873,390,000
Turnover rate
51.36%
Circulating supply
409,500,000
Total supply
2,100,000,000
Max supply
2,100,000,000
All time high
0.8789 USDT
All time high date
Jun 06, 2024
Down from All time high
-52.68%
Cycle low
0.2316 USDT
Cycle low date
Nov 03, 2024
Up from cycle low
79.58%
Official links
Website
White paper
Socials
twitter
chat
officialForum
telgegram
subreddit
Introduction

BounceBit is a pioneering Bitcoin restaking chain that incorporates several innovative mechanisms to expand Bitcoin's utility and enhance its value. The project utilizes a dual-token Proof of Stake (PoS) system, allowing validators to hold both BBTC and BB tokens, thus enhancing network security and stability.

Additionally, BounceBit has launched "BounceClub", an on-chain space where users can create DeFi experiences without the need for coding, using pre-built widgets for easy integration available from the App Store. Moreover, BounceBit has introduced the concept of Liquid Custody, in which users receive a Liquid Custody Token (LCT) representing their deposited assets on a 1:1 basis. These tokens can be bridged back to BounceBit for further use, providing additional yield-generating opportunities.

Binance Labs has invested in BounceBit, supporting its innovations in the CeDeFi space, which combines centralized and decentralized finance features. This investment underscores the potential of BounceBit to transform Bitcoin from a passive asset into an active force within the ecosystem by employing strategies like re-staking and mining, blending the benefits of centralized and decentralized finance to offer diversified revenue streams to Bitcoin holders.

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