The price of BounceBit token (BB) is currently reported at $0.41, with a 24-hour increase of over 44%

2024-05-14 11:19:05
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According to ChainCatcher news, based on RootData data, the price of BounceBit token (BB) is currently reported at $0.41, with a 24-hour increase of over 44%.

Previously on May 13, the BounceBit mainnet has been launched, introducing features such as node staking and delegation.

Additionally, the Web3 asset data platform RootData shows that BounceBit is building a BTC re-staking infrastructure to provide a foundational layer for different re-staking products, secured by the custodial services of Mainnet Digital and Ceffu. The BounceBit Chain is designed to showcase re-staking products within the BounceBit ecosystem, functioning as a PoS Layer 1, where validators stake BTC and BounceBit's native token for protection—this is a dual-token system that leverages the security of native Bitcoin and is fully compatible with EVM. Key ecosystem infrastructure such as cross-chain bridges and oracles is protected by re-staked BTC. Through an innovative CeFi + DeFi framework, BounceBit enables BTC holders to earn yields across multiple networks.

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