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 $6M, allocating 359,28M tokens from top-tier investors including Blockchain Capital, Binance Labs (YZi Labs), OKX Ventures, CMS Holdings, DeFiance Capital, Mirana Ventures, MEXC, and many others.
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BounceBit is the pioneer native BTC restaking chain. Its network is secured by staking Bitcoin and native BounceBit tokens. The project’s Proof-of-Stake mechanism provides a new dual-token staking system, using BTC security with full EVM compatibility.
Binance announced the first Binance Megadrop of BounceBit ($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).
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