Just last night, the 10x short positions of Bitcoin miners were basically liquidated, most opened around 75K-80K, thinking that with a cost of 58K selling at 75K-80K would secure a 30% profit, they hurriedly locked in profits and hedged, only to find that Bitcoin's volatility was too large, the 10x contracts were directly confiscated!
Miners, from now on, let's use BounceBit (BB) to manage Bitcoin!
1. The Benefits of Using BounceBit for BTC Wealth Management
BounceBit, as an innovative dual-token proof-of-stake (PoS) public chain, brings unprecedented wealth management opportunities to BTC holders.
1. Security is OK
BounceBit is built on the security of BTC, which means users can participate in more diversified financial activities on the BounceBit platform while enjoying the strong security support of BTC. Furthermore, BounceBit is fully compatible with the Ethereum Virtual Machine (EVM), enabling BTC users to seamlessly connect with a rich array of DeFi applications without worrying about compatibility issues.
2. High Yield of CeDeFi Model (Approximately 16%)
BounceBit perfectly combines the stable returns of CeFi with the innovative features of DeFi through its unique CeDeFi model. Users can deposit BTC into BounceBit's CeFi channels, obtain secure and reliable interest income through partners like Ceffu, and convert these earnings into liquidity custody tokens (LCTs) to further participate in DeFi applications like re-staking and Meme Launchpad, achieving compound growth of returns.
3. Service experience is good
BounceBit not only serves individual users but is also committed to providing institutional users with professional asset appreciation management solutions. Its robust dual-token structure and cross-chain interoperability allow institutional users to easily manage large-scale assets while enjoying the high returns and flexibility brought by CeDeFi.
2. BounceBit (BB) Project Introduction
1. A Simple Understanding of CeDeFi
The core of BounceBit lies in its CeDeFi infrastructure, which achieves seamless integration between CeFi and DeFi through the design of LCTs. LCTs not only convert CeFi returns into on-chain liquidity but also support various DeFi applications, providing users with unprecedented asset appreciation pathways.
2. Security is OK
BounceBit adopts an advanced dual-token PoS model, ensuring the stability and security of the chain. At the same time, through close cooperation with partners like Ceffu, BounceBit provides users with secure interest income channels and guarantees the safety of user funds and transaction transparency through smart contracts and transparent trading mechanisms.
3. There are many yield products
BounceBit offers multi-currency yield products, which bring institutional-level returns to users through an innovative CeDeFi model. Whether individual users or institutional users, everyone can find suitable asset appreciation solutions on the BounceBit platform, lowering the entry barrier between traditional finance and decentralized finance.
4. Automated yield management is good
BounceBit utilizes smart contracts to achieve automation of trading and intelligent distribution of profits, greatly improving the efficiency of yield management. At the same time, its multi-chain interoperability not only enhances liquidity and scalability of the CeDeFi ecosystem but also strengthens the stability and usability of the decentralized finance network.
3. In Conclusion
Reject liquidation, use $BB BounceBit as a pioneer in the CeDeFi field, creating a more secure, stable, and efficient financial environment for global users with its unique technological advantages and innovative CeDeFi model. Through its constructed CeDeFi infrastructure and diversified yield products, BounceBit not only provides users with institutional-level returns but also lowers the entry barriers between traditional finance and decentralized finance, allowing more people to enjoy the financial transformation brought by blockchain technology.