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At Extreme Investor Network, we are dedicated to providing you with exclusive and valuable information on the latest developments in the world of crypto, cryptocurrency, blockchain, and more. Our goal is to ensure that you receive unique insights that you won’t find anywhere else, making us your go-to source for all things related to the digital asset space.
BounceBit’s Mainnet Launch and Exciting Updates
On May 13th, BounceBit achieved a major milestone with the successful launch of its Mainnet. This launch signifies a significant step forward in revolutionizing the CeDeFi space, and the team is dedicated to continually enhancing the platform to meet the expectations of the community. In the coming weeks, several exciting updates and new features are set to be introduced.
Discover the CeDeFi Dashboard
Explore the comprehensive statistics dashboard now available at bbscan.io/statistics. With this dashboard, users can easily monitor key metrics such as inflow/outflow, bridging volume, deposit/withdrawal statistics, and more, all from a single interface.
Portal & CeDeFi Enhancements
Interact with the BounceBit ecosystem through portal.bouncebit.io, the main interface for accessing various features and services offered by BounceBit.
Exciting BBUSD & Node Staking Rewards Updates
Experience an upgraded BBUSD yield structure, where BBUSD will now be included in the node staking reward distribution along with Premium Yield. By staking in Premium Yield with BBUSD, users can earn additional BB rewards on top of the yield generated from delta-neutral Funding Rate Arbitrage. This exclusive update is available to subscriptions made on the BounceBit Chain.
Improved User Experience (UX)
Simplify your experience with BounceBit’s optional automated mechanism, designed to consolidate multiple steps into a single user interaction. This feature streamlines processes while still allowing for individual actions like stake delegation and Premium Yield subscription.
Introducing BEP-20 USDT Addition
Responding to user demand, BounceBit now supports USDT on the BNB Smart Chain (BSC). Users can deposit USDT on BSC to receive BBUSD and yield in USDT (BEP-20). As a result, FDUSD deposits will soon be paused.
Seamless BitSwap Integration
Access BitSwap, the leading DEX on BounceBit Chain, directly through the Portal. This integration streamlines token swaps alongside staking, subscription, and deposit activities, enhancing the overall user experience and asset flow.
Exciting Ethena Partnership
Embark on a high-yield journey with BounceBit’s partnership with Ethena. Starting next week, users can earn sUSDE yield, ENA rewards, BB rewards, and 5x sats towards Ethena’s ongoing Sats Campaign within a single product.
Stay tuned for more updates as BounceBit continues to elevate its ecosystem and provide innovative solutions in the digital asset space.
About BounceBit
As a pioneer in CeDeFi infrastructure, BounceBit offers institutional-grade yield products, restaking use cases, and CeDeFi as a service, democratizing high-yield opportunities for all. The BounceBit chain, a dual-token PoS Layer 1 secured by BTC and $BB, combines Bitcoin’s security with full EVM compatibility. Through liquidity custody tokens (LCTs) and collaboration with CEFFU, users can earn tangible interest from CeFi and utilize LCTs for restaking and on-chain farming.
We are thrilled to be your trusted source for exclusive insights and updates in the world of crypto. Stay connected with the Extreme Investor Network for the latest news and developments in the digital asset space.
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