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BounceBit Profile picture
BounceBit
@bounce_bit
CeDeFi reimagined // $₿₿ Backed by @BreyerCap, @blockchaincap, @BinanceLabs
Dec 17, 2024 • 8 tweets • 2 min read
Where does the yield come from?

BounceBit is generating "real" yield, backed by market-driven funding rates.

Long answer⏬ BitMEX and Arthur Hayes invented funding rates in 2016 with the launch of their perpetual swap contract. This innovation allowed futures to trade without expiration while staying aligned with spot prices through periodic payments between longs and shorts.
Mar 8, 2024 • 10 tweets • 4 min read
BounceBit Testnet is now officially LIVE!

It's time to experience firsthand:
⚫️⚪️BounceClub East-to-West Event
⚫️⚪️BBScan
⚫️⚪️Dual-token liquid staking

Claim your BounceClub, get your $BB coins and stake your #BTC

📍

👇🧵 bouncebit.io
Image What you need to participate: $BB

⚫️⚪️ Get $BB from our Discord Faucet by joining the testnet-faucet channel

🔗

BB is the native gas token of the BounceBit network and will be needed for all transactions on BounceBitdiscord.gg/bouncebit