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BounceBit
BB
#335
$0.3180
-2.60%
24H
Low
$0
High
$0
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About BounceBit BB
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.
BounceBit (BB) Price Data
BounceBit (BB) price has decreased today.
BounceBit price today is $0 with a 24-hours trading volume up by 0.00%. BB price is down in the last 24 hours. It has a circulating supply is 410M BB coins and a total supply of 2.10B.
Total Volume (24h)
$41,954,843
Market Cap
$130,408,031
Fully Diluted Val.
$667,920,041
CEX Volume (24h)
$41,954,843
DEX Volume (24h)
$0
Liquidity
$0
Circ. Supply
410,014,446
Total Supply
2,100,000,000
Rank
335
Core Actors
Top investors
Binance Labs
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