Information
TVL
BounceBit CeDeFi
Total Value Locked$142.87m
BounceBit | $134.12m |
---|---|
BSC | $8.7m |
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.