BounceBit

<p>On May 13th, We successfully launched BounceBit Mainnet, marking a significant milestone. However, we recognize that our journey has just begun. The team is committed to enhancing the platform rapidly to meet the community’s expectations.</p><p>Today, we are excited to share the upcoming updates and additions to the BounceBit ecosystem, set to roll out over the next two weeks.</p><h4>CeDeFi Dashboard</h4><p>ICYMI: Our statistics dashboard is live at <a href="https://bbscan.io/statistics" rel="noopener noreferrer nofollow">bbscan.io/statistics</a>. You can now track inflow/outflow, bridging volume, deposit/withdrawal statistics, and more, all in one place.</p><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/09c203d339f54ff7a34c74ea8cd4d47b.png" /></p><h3 id="portal-cedefi-updates">Portal &amp; CeDeFi Updates</h3><p>portal.bouncebit.io serves as the operating system of the BounceBit ecosystem. It’s the intuitive interface for easy interaction with the platform.</p><h4>BBUSD &amp; Node Staking Rewards</h4><p>BBUSD yield structure is receiving an upgrade. BBUSD yield structure is receiving an upgrade. BBUSD will be included to the node staking reward distribution, along with Premium Yield.</p><p>Staking in Premium Yield with BBUSD will earn you additional BB rewards on top of the yield generated from delta-neutral Funding Rate Arbitrage. This will only apply to subscriptions made on BounceBit Chain.</p><h4>UX Update</h4><p>We value feedback and understand that some users find the mechanisms of our products complex and the step-by-step process in Portal time-consuming and cumbersome.</p><p>To simplify the experience, particularly for those seeking the highest yield opportunities, we are introducing an optional automated mechanism. This feature will consolidate multiple steps into a single user interaction, while still allowing for individual actions like stake delegation and Premium Yield subscription.</p><h4>BEP-20 USDT Addition</h4><p>Currently, USDT Premium Yield is only available on Ethereum Network. Due to popular demand, we are adding support for USDT on the BNB Smart Chain (BSC). This means that you will be able to deposit USDT on BSC to get BBUSD, and receive yield in BEP-20 USDT. Accordingly, FDUSD deposits will be paused soon after.</p><h4>BitSwap Integration</h4><p>Currently, BitSwap — the leading DEX on BounceBit Chain — is only accessible through BounceClub. We are integrating BitSwap’s API into Portal, allowing you to perform token swaps on the same interface where you stake, subscribe, and deposit. Improving experience and asset flow.</p><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/b87d221ae39e4f53ae1cedfc79579c61.jpg" /></p><h4>Ethena Integration</h4><p>We have partnered up with Ethena to ship a new groundbreaking high-yield product in DeFi. Starting next week, you will be able to earn sUSDE yield, ENA rewards, BB rewards and 5x sats towards Ethena’s ongoing Sats Campaign. In one product.</p><p><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/4ddad76c02c54441a360513037b2814b.jpg" /></p><p>Stay tuned for more updates as we continue to enhance the BounceBit ecosystem.</p><h3 id="about-bouncebit">About BounceBit</h3><p>BounceBit pioneers CeDeFi infrastructure, offering institutional-grade yield products, restaking use cases, and CeDeFi as a service, making high-yield opportunities accessible to all.</p><p>The BounceBit chain, a dual-token PoS Layer 1 secured by BTC and $BB, leverages Bitcoin’s security with full EVM compatibility. By designing liquidity custody tokens (LCTs) and partnering with CEFFU, users earn tangible interest from CeFi and utilize LCTs for restaking and on-chain farming.</p><p><a href="https://bouncebit.io/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://x.com/bounce_bit" rel="noopener noreferrer nofollow">X (Former Twitter)</a> | <a href="https://discord.com/invite/bouncebit" rel="noopener noreferrer nofollow">Discord</a></p>

BounceBit Updates

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BounceBit

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