Decentralized auction platform Bounce Brand launches native Bitcoin collateral service BounceBit
The decentralized auction platform Bounce Brand has launched a Bitcoin native staking service, BounceBit, supported by Binance Custody (CEFFU) and Mainnet Digital for secure Bitcoin storage. It introduces a dual-token staking system with BTC and BounceBit tokens, leveraging the security of native BTC and full EVM compatibility.
Users can now stake WBTC, Auction, Mubi, and DAII on the BNB Chain with ETH and BTCB. All deposited funds will be available for withdrawal around the launch of the BounceBit mainnet in May 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Bitcoin Poised to Reach $125,000 Based on Short-Term Holder Cost Basis
U.S. Spot Ethereum ETFs Saw Net Inflow of $6.22 Million Yesterday
Solana Ecosystem Advisor Nikita Bier Joins X as Head of Product
Data: Bitcoin rose 31.41% in the second quarter
Trending news
MoreCrypto prices
More
