About BounceBit

BounceBit provides a dual-token PoS Layer 1 blockchain that leverages Bitcoin's security to facilitate a decentralized finance (DeFi) ecosystem, enabling users to earn yield through Liquidity Custody Tokens and various asset management strategies. The platform democratizes access to institutional-grade yield opportunities, allowing retail investors to generate stable returns on their BTC and USDT holdings.

```xml <problem> Retail investors lack access to institutional-grade yield opportunities within the Bitcoin asset class, which are typically reserved for quant funds and large asset management firms. Existing decentralized finance (DeFi) solutions often fail to provide the same level of security and stable returns as centralized finance (CeFi) platforms. This disparity limits the earning potential for individual BTC and USDT holders. </problem> <solution> BounceBit is a dual-token Proof-of-Stake (PoS) Layer 1 blockchain designed to bridge CeFi and DeFi, providing users with access to institutional-grade yield opportunities. By leveraging Bitcoin's security and full EVM compatibility, BounceBit enables users to earn yield through Liquidity Custody Tokens (LCTs) and various asset management strategies. The platform partners with CEFFU's mirrorX solution, allowing token holders to simultaneously earn income on-chain through staking and DeFi, and off-exchange through CeFi. This CeDeFi approach aims to democratize access to high-yield opportunities, allowing retail investors to generate stable returns on their BTC and USDT holdings through transparent and secure yield-generating products. </solution> <features> - Dual-token PoS Layer 1 blockchain secured by BTC and $BB with full EVM compatibility - Liquidity Custody Tokens (LCTs) that enable users to earn income on-chain through staking and DeFi, and off-exchange through CeFi - Partnership with CEFFU's mirrorX solution for secure asset custody - Auto mode for subscribing to multiple asset management strategies simultaneously - One-click fixed yield opportunities for earning stable returns on $BTC and $USDT - On-chain broker for trading with quick settlement, lower fees, and tighter spreads - AI-powered aggregator (BounceClub) for DeFi, Memecoins, and GameFi built on the BounceBit Chain </features> <target_audience> BounceBit targets retail investors and smaller institutions seeking access to institutional-grade yield opportunities within the Bitcoin asset class. </target_audience> ```

What does BounceBit do?

Where is BounceBit located?

BounceBit is based in Singapore, Singapore.

When was BounceBit founded?

BounceBit was founded in 2023.

Location

Singapore, Singapore

Founded

2023

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BounceBit

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

bouncebit.io

Founded 2023 – Singapore, Singapore

Funding

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Company Description

Problem

Retail investors lack access to institutional-grade yield opportunities within the Bitcoin asset class, which are typically reserved for quant funds and large asset management firms. Existing decentralized finance (DeFi) solutions often fail to provide the same level of security and stable returns as centralized finance (CeFi) platforms. This disparity limits the earning potential for individual BTC and USDT holders.

Solution

BounceBit is a dual-token Proof-of-Stake (PoS) Layer 1 blockchain designed to bridge CeFi and DeFi, providing users with access to institutional-grade yield opportunities. By leveraging Bitcoin's security and full EVM compatibility, BounceBit enables users to earn yield through Liquidity Custody Tokens (LCTs) and various asset management strategies. The platform partners with CEFFU's mirrorX solution, allowing token holders to simultaneously earn income on-chain through staking and DeFi, and off-exchange through CeFi. This CeDeFi approach aims to democratize access to high-yield opportunities, allowing retail investors to generate stable returns on their BTC and USDT holdings through transparent and secure yield-generating products.

Features

Dual-token PoS Layer 1 blockchain secured by BTC and $BB with full EVM compatibility

Liquidity Custody Tokens (LCTs) that enable users to earn income on-chain through staking and DeFi, and off-exchange through CeFi

Partnership with CEFFU's mirrorX solution for secure asset custody

Auto mode for subscribing to multiple asset management strategies simultaneously

One-click fixed yield opportunities for earning stable returns on $BTC and $USDT

On-chain broker for trading with quick settlement, lower fees, and tighter spreads

AI-powered aggregator (BounceClub) for DeFi, Memecoins, and GameFi built on the BounceBit Chain

Target Audience

BounceBit targets retail investors and smaller institutions seeking access to institutional-grade yield opportunities within the Bitcoin asset class.