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ProtocolsBounceBit Premium

Information
TVL

BounceBit Premi...

Total Value Locked
$121.89m
Chain Breakdown
BounceBit$118.44m
BSC$3.45m
Ethereum$0

Protocol Information

BounceBit introduces a distinctive feature - the parallel generation of yield from both CeFi and DeFi. Users can earn original CeFi yield while utilizing LSD for BTC staking and on-chain farming, a process known as restaking in Bitcoin. This ecosystem offers three types of yield for Bitcoin holders: Original Cefi yield, node operation rewards from staking BTC on the BounceBit chain, and opportunity yield from participating in on-chain applications and the Bounce Launchpad.

Category:Basis Trading

Methodology