What is BounceBit (BB)?
BounceBit is a CeDeFi infrastructure initiative and EVM-compatible Layer 1 connecting Bitcoin, tokenized real-world assets, and onchain financial markets. It addresses the gap between idle BTC, tokenized assets, and fragmented market infrastructure by integrating them into a single framework for collateral, yield, and trading.
$BB, which serves multiple purposes in the BounceBit ecosystem, is the main utility coin of the BounceBit ecosystem. The holders of $BB are eligible to take part in the platform's dual-token proof-of-stake mechanism. This approach rewards validators with $BB, thereby ensuring network security. Additionally, $BB tokens can be used to pay for transaction fees and the execution of smart contracts.
The total supply of the $BB token is set at 2.1 billion, with 1.08B available in circulation at the time of its publishing.
BounceBit (BB) is listed on Binance for trade and purchase. The live price of BB is available and updated in real time on Binance.

