🧵 How BounceBit works — the bridge between Bitcoin and DeFi ⚙️
1/ BounceBit is a CeDeFi platform — blending the centralized (CeFi) and decentralized (DeFi) worlds. The goal? To make Bitcoin work within the DeFi ecosystem, generating yield securely.
2/ 🧩 The current problem: Bitcoin is the safest and most valuable asset in the crypto market, but it is not very productive — it basically sits idle in wallets. BounceBit solves this by allowing BTC to be used in DeFi applications without losing security.
3/ ⚙️ How it does this: BounceBit has its own blockchain — the BounceBit Chain — compatible with EVM (the same base as Ethereum). It uses a Proof of Stake (PoS) model with dual validation: BTC + native token. This connects Bitcoin's security with DeFi's flexibility.
4/ 🔐 Multi-layer custody: Users' assets are protected by a hybrid system — combining institutional custody with audited smart contracts. This reduces the risk of loss and increases transparency.
5/ 💸 Yields and products: Users can delegate their BTCs and other tokens in the network to participate in yield strategies. The platform also has USD², a stable asset tied to U.S. Treasury securities, used for liquidity and arbitrage.
6/ 🌐 Why this matters: BounceBit is creating a new bridge between the Bitcoin world and DeFi, allowing BTC to generate value within the Web3 ecosystem — without compromising security.
Has anyone here had experience creating a cryptocurrency from scratch?
I really want to enter this world and develop one, but I'm still quite lost about where to start (technical part, blockchain, tokenomics, marketing, everything 😅).
If anyone has been through this or knows the process, I would like to have a chat to better understand the path.
Any tips would help a lot! 🚀💬 #MEME #crypto $SHIB $TRUMP
$BTC $ETH $BNB 🌀 Flash Crash: when the market goes into panic, the prepared investor sees opportunity.
The recent flash crash of Bitcoin, triggered by new tensions between the USA and China, brought back something that many forget: turbulence is a natural part of the markets.
The price drops, fear increases, and the headlines talk about 'the end of the cycle'...
But, historically, it is in these moments of panic that the best opportunities arise.
📉 Buy when there is fear, sell when there is euphoria.
This is one of the oldest — and most ignored — rules of financial markets.
Those who understand fundamentals, risk management, and have patience know that volatility is not an enemy.
It is just the price you pay for being in the right game, ahead of everyone else.