ALL YOU NEED TO KNOW ABOUT $BB BEFORE YOU INVEST !!!
The native asset of BounceBit, BB, has a total capped supply of 2,100,000,000 coins đ. This number intentionally mirrors Bitcoin's total supply of 21 million coins. At Mainnet launch, a portion of BB will become liquid, while the rest will be distributed as stake rewards or vested over time.
BB serves multiple purposes within the BounceBit ecosystem:
Stake BB to engage in the PoS Dual-token staking mechanism âïž.
Validators securing the network receive BB as staking rewards đ°.
BB is used to pay gas fees for transactions and smart contract executions âœ.
It acts as a flexible currency within the platform, usable for transactions and as a store of value đ. BB facilitates composability, interoperability, and cross-chain compatibility đ.
Additionally, BB enables participation in on-chain governance, including voting on protocol upgrades đłïž. With a fixed supply of 2.1 billion coins, BB scales with the platform's growing user base and integrates deeply into the Bitcoin ecosystem đ.