bouncebit logo

BounceBit (BB)

Total Raise: $6,000,000
Date: 27 Feb - 11 Apr

BounceBit is the pioneer native BTC restaking chain. The network is secured by Bitcoin and native BounceBit token staking. The project’s Proof-of-Stake mechanism provides a new dual-token staking system, using BTC security with full EVM compatibility.

BounceBit is powered by its native token called $BB, which allows users to actively participate in the PoS Dual-token staking mechanism.

The project has already raised $6M allocating 359,28M tokens from Top Tier investors including Blockchain Capital, Binance Labs, OKX Ventures, CMS Holdings, DeFiance Capital, Mirana Ventures, MEXC and many others.

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BounceBit Overview

Ticker: BB
Country: Singapore
Founded: 2023
Whitelist: No
Blockchain Network: BounceBit
Bounty: Yes
MVP: Yes
Type: IEO
Security Audit: Yes

BounceBit Review

BounceBit is a new solution for BTC staking. The field of Bitcoin Layer 2 platforms is undergoing an era of transformation, which is characterized by the emergence of various methodologies and innovative frameworks. Bounce Bit represents a paradigm shift, moving away from Layer 2 and closer to the Layer 1 concept. The project invites you to dive deeper into the philosophy and strategic decisions that shape the development of BounceBit, a chain that is redefining the role of Bitcoin.

BTC tokens from Bitcoin's native chain and various EVM-compatible chains can be bridged into the BounceBit ecosystem. In particular, BTCB on the Binance Smart Chain (BEP20) and WBTC on Ethereum are supported. BounceBit is committed to support all trusted BTC asset types.

Once transferred, these tokens are displayed and represented equally as BBTC on BounceBit, ensuring consistency and ease of use across the platform. The transfer of BTC between chains is carried out using the BTCbridge, an infrastructure validated by the BTC restake.

BBTC is BTC on the BounceBit chain. It can be thought of as a wrapped version of Bitcoin with advanced features that allow Bitcoin to be used beyond just a store of value.

BounceBit provides a new asset-driven approach. Instead of tying itself to the limiting paradigms of existing Layer 2 solutions tied directly to the Bitcoin blockchain, BounceBit sets itself apart as a separate Layer 1 Proof of Stake (PoS) ecosystem. In this separate network, validators must invest both their own BounceBit tokens and Bitcoin, creating a two-token security system that not only strengthens the network but also enhances the intrinsic value of BTC by ensuring its active role in network validation.

The native BounceBit’s asset $BB is used for a number of reasons:

  • Users can stake $BB to actively participate in the PoS Dual-token staking mechanism;
  • The $BB coin is used as a reward to validators who secure the network;
  • $BB is the denomination of the gas fees that are needed to conduct transactions and execute smart contracts;
  • BB can be used as liquid and universal currency on the BounceBit platform. It can be used in various applications and infrastructure, as medium of exchange or store of value. In addition, its functionalities include enable composability, interoperability and cross-chain compatibility;
  • Using $BB gives an opportunity to participate in on-chain governance, e.g. voting on protocol upgrades.

$BB’s total supply is 2,100,000,000 coins. This number was deliberately chosen as a hint at the total supply of 21 million bitcoins.

On the date, BounceBit gained the attention of more than 211K active users worldwide.

BounceBit plans to launch its Mainnet in May, 2024

The project has successfully raised $6M from its seed round. The investors include Blockchain Capital, Breyer Capital, OKX Ventures, Mirana Ventures, DeFiance Capital, CMS Holdings and many others.


BounceBit pros:

  • Great solution in restaking BTC;
  • Good website usability;
  • Excellent design;
  • Low monthly Token Inflation Rate (2,05%);
  • Performed Smart Contract Audit;
  • Above-the-average SMM;
  • Outstanding PR performance;
  • A huge number of TOP Tier backers & partners;
  • Decent Search Engine Optimization;
  • BounceBit ($BB)Megadrop by Binance;
  • Great Influencer Marketing Performance.

BounceBit cons:

  • High Initial Circulation Supply/FDV Rate (19,5%)

BounceBit Token Economy

Total Raise: $6,000,000
Total Supply: 2,100,000,000
Private/Pre-sale: 441,000,000 (21%)
Public Sale: (0%)
Fully Diluted Valuation (FDV): $49,980,000
Initial Circulation Supply: $9,746,100 (19.5% of FDV)

BounceBit Token Sale (ICO & IDO) Rounds

Seed: 27 Feb - 28 Feb

Price: $0.0167
Tokens for sale: 359,281,437
Raise: $6,000,000
Lock-Up: 12 months cliff, 20 months vesting
Strategic: 04 Mar - 05 Mar

Price: N/A
Tokens for sale: N/A
Raise: N/A
Lock-Up: 12 months cliff, 20 months vesting
Strategic: 10 Apr - 11 Apr

Price: N/A
Tokens for sale: N/A
Raise: $7,980,000
Lock-Up: 12 months cliff, 20 months vesting

BounceBit Token Release Schedule

bouncebit token release schedule

BounceBit Funds and Backers

OKX Ventures logo
OKX Ventures
9 numbers of
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binance labs logo
Binance Labs
Score: Very High
7 numbers of
Read More
5 numbers of
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BounceBit Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  03 May 2024 Upgrade

BounceBit Team

Jack Lu
Jack Lu
Founder, CEO

BounceBit News

BounceBit Roadmap

JAN 2024

The Water Margin

MAR 2024

Testnet Launch

MAY 2024

Mainnet Launch

BounceBit Airdrop & Retrodrop & Bounty

Binance Megadrop
bouncebit logo
Start Date:
26 Apr 2024
End Date:
12 May 2024


BounceBit is the pioneer native BTC restaking chain. Its network is secured by staking Bitcoin and native BounceBit tokens. The project’s Proof-of-Stake mechanism provides a new dual-token staking system, using BTC security with full EVM compatibility.

Binance announced the first Binance Megadrop of BounceBit ($BB) project, a BTC re-staking network. Users can participate in the BounceBit Megadrop from 26.04.2024 00:00:00 (UTC).

Binance will then list BounceBit ($BB) on 13.05.2024 at 10:00 (UTC) and open trading in BB/BTC, BB/USDT, BB/BNB, BB/FDUSD, and BB/TRY. The "Seed" tag will be applied to $BB.

Binance claimed that Megadrop Allocation will be in the amount of 168,000,000 $BB tokens (8.00% of total supply).

Read More

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