BBUSDT
BounceBit/Tether·Spot·BINANCE
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About BB
Yield Farming
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BounceBit (BB) is a CeDeFi (Centralized Decentralized Finance) infrastructure platform that pioneers Bitcoin restaking through its innovative dual-token PoS Layer 1 blockchain secured by both BTC and BB tokens. Built on BeaconKit framework with full EVM compatibility, BounceBit creates a bridge between centralized and decentralized finance by offering institutional-grade yield products, Bitcoin restaking capabilities, and Real World Asset (RWA) integration. The platform utilizes a unique Proof-of-Liquidity consensus mechanism where validators stake BB tokens (250K-10M range) and receive BGT rewards that can be directed to application reward vaults. With backing from major investors including Blockchain Capital and Breyer Capital, BounceBit achieved $1 billion TVL and became the first project to launch on Binance through Megadrop in May 2024, establishing itself as pioneering infrastructure for Bitcoin-secured DeFi applications.
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