BounceBit Mainnet Launch and Upcoming Updates

On
May
13th,
BounceBit
successfully
launched
its
Mainnet,
marking
a
significant
milestone
in
its
journey
to
revolutionize
the
CeDeFi
space.
According
to
an
official
announcement
on
Medium,
the
team
is
committed
to
continuously
improving
the
platform
to
meet
community
expectations.
The
announcement
also
revealed
several
exciting
updates
and
new
features
set
to
roll
out
over
the
next
two
weeks.

CeDeFi
Dashboard

BounceBit
has
introduced
a
comprehensive
statistics
dashboard
available
at

bbscan.io/statistics.
Users
can
now
easily
track
inflow/outflow,
bridging
volume,
deposit/withdrawal
statistics,
and
more,
all
from
a
single
interface.

Portal
&
CeDeFi
Updates

The
portal.bouncebit.io
serves
as
the
main
interface
for
interacting
with
the
BounceBit
ecosystem.
This
intuitive
platform
allows
users
to
engage
with
various
features
and
services
offered
by
BounceBit.

BBUSD
&
Node
Staking
Rewards

The
BBUSD
yield
structure
is
receiving
an
upgrade.
BBUSD
will
now
be
included
in
the
node
staking
reward
distribution
along
with
Premium
Yield.
Staking
in
Premium
Yield
with
BBUSD
will
earn
users
additional
BB
rewards
on
top
of
the
yield
generated
from
delta-neutral
Funding
Rate
Arbitrage.
This
update
is
exclusive
to
subscriptions
made
on
the
BounceBit
Chain.

UX
Update

Recognizing
that
some
users
find
the
mechanisms
of
their
products
complex,
BounceBit
is
introducing
an
optional
automated
mechanism
to
simplify
the
experience.
This
new
feature
will
consolidate
multiple
steps
into
a
single
user
interaction,
while
still
allowing
for
individual
actions
like
stake
delegation
and
Premium
Yield
subscription.

BEP-20
USDT
Addition

Due
to
popular
demand,
BounceBit
is
adding
support
for
USDT
on
the
BNB
Smart
Chain
(BSC).
Users
will
be
able
to
deposit
USDT
on
BSC
to
get
BBUSD
and
receive
yield
in
USDT(BEP-20).
Consequently,
FDUSD
deposits
will
be
paused
soon
after.

BitSwap
Integration

BitSwap,
the
leading
DEX
on
BounceBit
Chain,
will
now
be
accessible
through
the
Portal.
This
integration
allows
users
to
perform
token
swaps
on
the
same
interface
where
they
stake,
subscribe,
and
deposit,
improving
the
overall
user
experience
and
asset
flow.

Ethena
Integration

BounceBit
has
partnered
with
Ethena
to
launch
a
groundbreaking
high-yield
product
in
DeFi.
Starting
next
week,
users
will
be
able
to
earn
sUSDE
yield,
ENA
rewards,
BB
rewards,
and
5x
sats
towards
Ethena’s
ongoing
Sats
Campaign,
all
within
one
product.

Stay
tuned
for
more
updates
as
BounceBit
continues
to
enhance
its
ecosystem.

About
BounceBit

BounceBit
pioneers
CeDeFi
infrastructure,
offering
institutional-grade
yield
products,
restaking
use
cases,
and
CeDeFi
as
a
service,
making
high-yield
opportunities
accessible
to
all.
The
BounceBit
chain,
a
dual-token
PoS
Layer
1
secured
by





BTC
and
$BB,
leverages
Bitcoin’s
security
with
full
EVM
compatibility.
By
designing
liquidity
custody
tokens
(LCTs)
and
partnering
with
CEFFU,
users
earn
tangible
interest
from
CeFi
and
utilize
LCTs
for
restaking
and
on-chain
farming.

Image
source:
Shutterstock

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