BounceBit (BB)

Institutional Yield

BounceBit offers institutional-grade yield products that let users earn returns by investing in real-world assets and CeDeFi strategies.

Asset Management

Users can subscribe to multiple strategies automatically or manually manage portfolios to earn stable and optimized yields on assets like BTC and USDT.

Liquidity Management

BounceBit provides on-chain brokerage services with fast settlement, low fees, and no slippage, using Liquid Custody Tokens (LCTs).

Real World Assets (RWA)

It enables investment in real-world assets such as treasury bills, generating daily accruing yields on idle balances.

Structured Products

BounceBit offers smart, market-driven strategies like Dual Investment and SharkFin to maximize returns.

Blockchain Infrastructure

The BounceBit Chain is a dual-token Proof-of-Stake Layer 1 blockchain secured by BTC and $BB, combining Bitcoin’s security with full Ethereum Virtual Machine (EVM) compatibility.

CeDeFi Integration

BounceBit bridges centralized finance (CeFi) and decentralized finance (DeFi) by allowing users to earn income both on-chain and off-exchange through staking and DeFi farming with LCTs.

Ecosystem Expansion

Users can participate in swaps, meme token issuance, and DeFi derivative trading, creating multiple income opportunities within the BounceBit ecosystem.

Pros

• Institutional Yield Access: BounceBit makes high-yield opportunities, usually for big funds, available to smaller investors.
• CeDeFi Infrastructure: Combines centralized finance (CeFi) and decentralized finance (DeFi) benefits for better earning potential.
• Real World Assets: Offers investment in real-world assets with daily yield, adding diversity.
• Multiple Asset Management Options: Includes auto and manual portfolio strategies, fixed yield on BTC and USDT, and upcoming structured products.
• Fast and Low-Cost Trading: On-chain broker with quick settlement, low fees, zero slippage, and tight spreads.
• Dual-Token PoS Layer 1 Chain: Secured by Bitcoin and $BB, with full Ethereum compatibility.
• AI-Powered Aggregator: BounceClub aggregates DeFi, memecoins, and GameFi opportunities.
• Regulated and Compliant: Operates under a licensed investment framework with strong security and transparency.

Cons

• New and Evolving: Some features like structured products and real-world asset integration are still coming soon.
• Complexity: The dual-token system and CeDeFi model might be harder to understand for beginners.
• Dependence on Bitcoin Security: While leveraging Bitcoin’s security is a strength, it also ties BounceBit’s performance to Bitcoin’s network.

For more details, visit bouncebit.io.

Founders and Team

The BounceBit project is supported by a group of angel investors and key contributors including XinJun Liang, Nathan, Calvin, Jessy, Kevin, Ashwin, George Lambeth, Pranay Mohan, James Parillo, RookieXBT, MacnBTC, and Pentosh1. Specific individual founders are not explicitly listed on the official website.

For more details, visit bouncebit.io.

Investors in BounceBit

BounceBit is backed by several angel investors including XinJun Liang, Nathan, Calvin, Jessy, Kevin, Ashwin, George Lambeth, Pranay Mohan, James Parillo, RookieXBT, MacnBTC, and Pentosh1.

Halal Status of BounceBit

• Answer: No
• Reason: BounceBit operates as a CeDeFi platform combining centralized and decentralized finance with yield products and asset management. It does not specifically state compliance with Islamic finance principles or Shariah certification on its official website. Therefore, it cannot be confirmed as halal.