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You are at:Home ยป Binance Report: A Quick Look at the Highlights and Token Economy Model of BounceBit Project
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Binance Report: A Quick Look at the Highlights and Token Economy Model of BounceBit Project

By adminApr. 18, 2024No Comments1 Min Read
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Binance Report: A Quick Look at the Highlights and Token Economy Model of BounceBit Project
Binance Report: A Quick Look at the Highlights and Token Economy Model of BounceBit Project
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BTC Restaking Infrastructure Built by BounceBit, Ensuring Fund Security Through Regulated Custodial Services Ceffu, Mainnet Digital, and Fireblocks

BounceBit has developed a BTC restaking infrastructure that guarantees the safety of funds through regulated custodial services offered by Ceffu, Mainnet Digital, and Fireblocks. This innovative system allows users to earn interest on their assets through arbitrage strategies managed by experienced asset management entities. As a result, users are rewarded with a BTC-backed version called bounceBTC (BBTC), which can be entrusted to node operators. These operators then return the staking certificates (stBTC) to the stakers. Subsequently, this fluid staking derivative can be restaked with other secure shared client platforms (SSC), such as sidechains, bridges, and oracles.

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