Volt

Token

BounceBit

Linea

Mode

<p>In an exciting development, BounceBit has <a href="https://x.com/bounce_bit/status/1808448258760405322" target="_blank" rel="noopener noreferrer nofollow">announced </a>its participation in “The Surge Volt 2” with <a href="https://blockchainreporter.net/axelar-announces-support-for-polygon-amoy-and-linea-sepolia-testnets/" rel="noopener noreferrer nofollow">LineaBuild</a>, utilizing BBTC. This collaboration marks a significant step for BounceBit as it expands its reach and functionality within the crypto ecosystem. Users are encouraged to bridge their BBTC tokens using Protocol_Free’s bridge. This bridging process allows users to earn LXP-L points by adding liquidity to LayerBankFi. The initiative aims to incentivise liquidity provision, thereby enhancing the overall liquidity and usability of the BBTC token across platforms.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">BounceBit is joining the⚡️The Surge Volt 2 <a href="https://twitter.com/LineaBuild?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@LineaBuild</a> with <a href="https://twitter.com/search?q=%24BBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BBTC</a><br><br>Bridge your <a href="https://twitter.com/search?q=%24BBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BBTC</a> with <a href="https://twitter.com/Protocol_Free?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Protocol_Free</a>'s bridge and start earning LXP-L points by adding liquidity to <a href="https://twitter.com/LayerBankFi?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@LayerBankFi</a><br><br>⚫️⚪️LCT adoption is on a roll <a href="https://t.co/1OnRLAqJeh" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/1OnRLAqJeh</a></p>— BounceBit (@bounce_bit) <a href="https://twitter.com/bounce_bit/status/1808448258760405322?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>To bridge BBTC tokens, users can visit Free.tech, which now supports the bridging of BBUSD and BBTC from BounceBit to LineaBuild and ModeNetwork. For quick and small transfers of less than 0.2 BBTC or 10k BBUSD, Free.tech offers a swift and efficient cross-chain asset transfer service. For larger transfers exceeding 0.2 BBTC or 10k BBUSD, users are advised to utilise the Free Tunnel powered by Protocol_Free.</p>
<h2 class="wp-block-heading" id="how-to-use-the-free-tunnel">How to Use the Free Tunnel</h2>
<p>Users must connect their wallet and select the “BounceBit Token Bridge” option to initiate a transfer using the Free Tunnel. They can then choose the desired token, specify the amount they wish to receive on Mode or Linea and confirm the recipient’s address. It is important to note that bridging via this channel may take from a few hours up to three days, depending on the network conditions and transfer volume.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">☀️<a href="https://t.co/z5phhsg800" target="_blank" rel="noopener noreferrer nofollow">https://t.co/z5phhsg800</a> now extends the bridging of BBUSD and BBTC from <a href="https://twitter.com/bounce_bit?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@bounce_bit</a> to <a href="https://twitter.com/LineaBuild?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@LineaBuild</a> and <a href="https://twitter.com/modenetwork?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@modenetwork</a>! <br><br>1️⃣ For quick and small amount transfer( &lt;0.2 BBTC or 10k BBUSD), please use 🔗 <a href="https://t.co/JyDBMq2Wg8" target="_blank" rel="noopener noreferrer nofollow">https://t.co/JyDBMq2Wg8</a> for swift cross-chain asset transfers.<br><br>2️⃣ For large… <a href="https://t.co/vsjLaQyXXP" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/vsjLaQyXXP</a></p>— Free (@Protocol_Free) <a href="https://twitter.com/Protocol_Free/status/1802633631153983837?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 17, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>After successfully bridging their BBTC tokens, users can supply them to LayerBank’s lend and borrow market at linea.layerbank.finance/bank. By doing so, they not only contribute to the liquidity pool but also earn LXP-L points, further incentivising participation and engagement within the LayerBankFi ecosystem.</p>
<p>This move by BounceBit underscores the ongoing adoption and integration of LCT (LayerBank Credit Tokens) within various platforms. The strategic partnerships and incentives offered are designed to bolster the adoption and utility of LCT, paving the way for a more robust and interconnected crypto financial system.</p>

BounceBit Joins The Surge Volt 2 on LineaBuild with BBTC

목차

BlockchainReporter

2024년 7월 3일에 게재된 다른 기사

Why is Bittensor (TAO) Price Falling?

User Loses $240,000 in NFT Scam

Why Is Bitcoin Down To $60K Today?

OpenAI to join Washington tech lobbying group BSA

Santiment Shares Two Cryptocurrencies Where It Observes “Intense FUD”

Worldcoin Develops Global Identity Network

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!