Hodler

BounceBit | BB

$0.02412

Coin info

Rank
#1138
Market Cap
$11,279,233
Volume (24h)
$213,562,531
Circulating Supply
409,500,000
Total Supply
2,100,000,000

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

Do you think the price will rise or fall?

Rise 40%

Fall 60%

About BounceBit

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.

Price perfomance

$0.00

$∞

Range 24H

$∞

Depth of Market

Depth +2%

Depth -2%

We recommend

News

BounceBit | BB

$0.02412

BounceBit | BB

Coin info

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Do you think the price will rise or fall?

About BounceBit

Price perfomance

Depth of Market

Depth +2%

Depth -2%

We recommend

News

Top Markets

BounceBit | BB

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

About BounceBit