Among the BTC Layer 2 solutions and BTC sidechains, Bouncebit seems to be the most successful at the moment!
Partly because Babylon hasn't released its token yet!
This Bouncebit deal, to be honest, I just searched and made a lucky guess, it's not really an in-depth analysis or anything!
Merlin has a huge TVL, but as soon as it hits the market, the TVL drops, and the price follows suit!
In terms of technology, what Merlin does is much more complex than Bouncebit - however, in terms of trend speculation, I rate Bouncebit higher.
Bouncebit's model is just like what $MATIC and $BNB did in the past, catching the Ethereum trend by creating a fork chain with stability and high speed by reducing the number of validators!
Generally speaking, there's nothing too special or complicated!
Bouncebit also has all the elements for a speculative bet following the house's preferences!
Airdrop all to insiders!Very little inflation of coins for retail investorsLarge staking reward pools to encourage newbies to lock up their coinsSupported and endorsed by Binance!
