#Bouncebitprime
BounceBit is an innovative CeDeFi (Centralized-enabled Decentralized Finance) Layer-1 blockchain that focuses on converting Bitcoin and stablecoins into efficient, structured yield assets. It achieves BTC restaking by combining the security of BTC with the network vitality of BB through Dual-Token PoS (BB + BBTC), allowing BTC assets to be securely held long-term while participating in on-chain yield generation.
The core mechanism includes Liquid Custody Tokens (LCTs), such as BBTC and BBUSD, held by regulated entities like CEFFU, with assets backed 1:1. These tokens not only participate in DeFi staking and farming but also automatically earn CeFi interest income. Users simply need to deposit BTC, ETH, USDT/USDC, etc., to receive tradable LCTs and earn returns through restaking and arbitrage strategies.
Among them, BounceBit Prime is positioned as an institutional-level on-chain yield platform that connects Real World Assets (RWA) with CeDeFi liquidity. After the launch of Prime, institutions can invest in targets including tokenized U.S. Treasuries (such as BUIDL, BENJI), Hashnote, Ethena, or collaborative projects like Google Cloud, enjoying approximately 5% base RWA APY. Furthermore, through strategies such as funding rate arbitrage (perpetual contract funding fee arbitrage) and basis trading (spot and futures forward difference arbitrage), the overall yield can be increased to a compound annual return rate of 20%+.
