BounceBit CeDeF...
Total Value Locked$196.63m
| BounceBit | $184.18m |
|---|---|
| BSC | $12.4m |
| Ethereum | $55,000 |
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.