@bouncebit

Enabling real yield with RWA // $₿₿ Backed by @blockchaincap @yzilabs @BreyerCap

 BB Chain
bouncebit.io/
Joined January 2024
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Borobudur is officially live. Franklin Templeton’s BENJI and CeDeFi strategy positions now allow access to 0% interest $BB credit. A new primitive for tokenized assets: one position supporting both yield and credit.
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Update: What's Next for BounceBit

Article · @bouncebit
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The USDT BounceBit Promo is now open for deposits! • Stake USDT on @BNBCHAIN • Fixed 10% APR • 60-day term • Capped at $1M USDT (no individual limits) Limited supply. First come, first serve.
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This BounceBit Promo has concluded as scheduled. The promotion offered 10% APR on USDT. You may unstake at any time. New campaigns are already in the pipeline – stay tuned.
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The BB token migration to BNB Chain is complete. All snapshot balances have been distributed 1:1 to every holder. Deposits and withdrawals have reopened on Binance, Gate, MEXC, Bitget and more. Remaining venues will follow soon. Back to shipping.
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A note for smaller balances. Snapshot balances below 10 BB were not included in the automatic distribution. These can be claimed at portal.bouncebit.io with the same address you held BB on. We will never message you first, be aware of unofficial links.
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$BB goes live on @BNBCHAIN tomorrow. 🗓 Sept 1, 06:00 UTC — distribution begins. Every snapshot balance, 1:1, straight to the address you already hold. 🗓 Sept 1, 07:00 UTC — Binance reopens BB deposits & withdrawals on BNB Chain. Other exchanges will follow, please see announcements below.
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more replies
MEXC: mexc.com/announcements/artic…

MEXC Exchange: Your Easiest Way to Crypto - Trade Bitcoin, Ethereum &Most Trending Tokens

MEXC is a secure and reliable cryptocurrency exchange for trading Bitcoin, Ethereum, Litecoin, EOS, TRON, USDT, XRP, etc. MEXC provides various services: Spot, ETF, Margin, OTC, Futures, PoS Staking

mexc.com
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HTX: htx.com.am/support/250424922…
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Additional announcements from exchanges will be added to the thread as they become available.
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$BB Reissuance: Distribution Details

Article · @bouncebit
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Update on BounceBit Chain

Article · @bouncebit
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We have identified an issue affecting BounceBit Chain and have paused nodes out of caution while we deploy a fix. BB transactions are temporarily unavailable. This is limited to the chain itself, the CeDeFi app is not affected, and neither are smart contracts or vaults. No private keys were exposed and no user wallets were compromised. Nothing is required from users. The chain upgrade is scheduled for 23 August, 09:00 UTC. Exchange deposits and withdrawals are paused until it's live. We'll confirm here once the upgrade is live.
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4/ Within Borobudur, Franklin Templeton’s BENJI positions can generate yield and provide access to $BB Credit in a single framework. This brings institutionally managed, tokenized money market fund positions directly into onchain credit infrastructure. Only on BounceBit Prime.
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5/ The next step is to support more yield-bearing crypto and tokenized fund positions through the same model. BB Credit will later also be usable on BB Perps. One Big Bank.
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₿₿₿⌛️
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Reminder: BounceBit’s scheduled migration begins tomorrow, August 17 at 2AM UTC, with completion targeted for August 19 at 2AM UTC. All smart contracts will be paused during this period. This migration prepares BounceBit for the launch of Borobudur and BB Credit.
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