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.
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