BounceBit Prime directly elevates traditional asset management giants and on-chain yields to a new height. The compliance token asset yield programs developed in collaboration with established institutions like BlackRock and Franklin Templeton are clearly aimed at the institutional market.


Their most ruthless move is to re-stake BTC creatively - locking asset security through licensed custodians like Ceffu and Mainnet Digital, allowing users to receive bounceBTC (BBTC), which can participate in node staking to earn interest, and also re-stake the derivative stBTC to side chains and bridges to earn multi-layered returns. This nested return strategy is impossible to implement in traditional finance, but it has been successfully executed thanks to on-chain compliance custody.
The dual-coin PoS mechanism is also a clever move, allowing both BBTC and BB tokens to be used as validation nodes. This effectively ties BTC holders and token players together, expanding the staking base while directly doubling the network security. It's important to note that many PoS chains often face high staking rates leading to centralization, and BounceBit has managed to preemptively close this loophole.

The project team is now spending $100,000 to incentivize creators, with the top 300 able to share 70% of the prize pool. It is clear that they want to quickly accumulate content volume, and this cold start approach has been validated in several star projects during the last bull market. Considering they are backed by traditional asset management giants and have established such a solid compliance framework, BounceBit is likely to become one of the few projects in this cycle that can truly attract institutional funds. After all, what large funds want is not a hundredfold myth, but a return scheme recognized by the likes of BlackRock.

{future}(BBUSDT)
BB-6.53%
PRIME-5.4%
BTC-2.05%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)