On Could thirteenth, BounceBit efficiently launched its Mainnet, marking a big milestone in its journey to revolutionize the CeDeFi area. In keeping with an official announcement on Medium, the group is dedicated to constantly bettering the platform to fulfill group expectations. The announcement additionally revealed a number of thrilling updates and new options set to roll out over the subsequent two weeks.
CeDeFi Dashboard
BounceBit has launched a complete statistics dashboard out there at bbscan.io/statistics. Customers can now simply monitor influx/outflow, bridging quantity, deposit/withdrawal statistics, and extra, all from a single interface.
Portal & CeDeFi Updates
The portal.bouncebit.io serves as the primary interface for interacting with the BounceBit ecosystem. This intuitive platform permits customers to have interaction with numerous options and providers supplied by BounceBit.
BBUSD & Node Staking Rewards
The BBUSD yield construction is receiving an improve. BBUSD will now be included within the node staking reward distribution together with Premium Yield. Staking in Premium Yield with BBUSD will earn customers further BB rewards on high of the yield generated from delta-neutral Funding Fee Arbitrage. This replace is unique to subscriptions made on the BounceBit Chain.
UX Replace
Recognizing that some customers discover the mechanisms of their merchandise complicated, BounceBit is introducing an optionally available automated mechanism to simplify the expertise. This new function will consolidate a number of steps right into a single consumer interplay, whereas nonetheless permitting for particular person actions like stake delegation and Premium Yield subscription.
BEP-20 USDT Addition
Resulting from in style demand, BounceBit is including assist for USDT on the BNB Sensible Chain (BSC). Customers will be capable to deposit USDT on BSC to get BBUSD and obtain yield in USDT(BEP-20). Consequently, FDUSD deposits will probably be paused quickly after.
BitSwap Integration
BitSwap, the main DEX on BounceBit Chain, will now be accessible by means of the Portal. This integration permits customers to carry out token swaps on the identical interface the place they stake, subscribe, and deposit, bettering the general consumer expertise and asset movement.
Ethena Integration
BounceBit has partnered with Ethena to launch a groundbreaking high-yield product in DeFi. Beginning subsequent week, customers will be capable to earn sUSDE yield, ENA rewards, BB rewards, and 5x sats in the direction of Ethena’s ongoing Sats Marketing campaign, all inside one product.
Keep tuned for extra updates as BounceBit continues to reinforce its ecosystem.
About BounceBit
BounceBit pioneers CeDeFi infrastructure, providing institutional-grade yield merchandise, restaking use circumstances, and CeDeFi as a service, making high-yield alternatives accessible to all. The BounceBit chain, a dual-token PoS Layer 1 secured by BTC and $BB, leverages Bitcoin’s safety with full EVM compatibility. By designing liquidity custody tokens (LCTs) and partnering with CEFFU, customers earn tangible curiosity from CeFi and make the most of LCTs for restaking and on-chain farming.
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