Mainnet FAQ
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Binance Megadrop and our Points airdrop are separate. Binance will distribute BB rewards May 13 6AM UTC.
Please refer to this table:
For more details:
Mainnet Asset Withdrawal & Distributions for Early Access UsersBounceBit Mainnet is live. From now on, you can start experiencing the innovative BTC restaking through CeDeFi infrastructure while immersing in the vibrant BounceClub ecosystem.
BounceBit commits to build an ecosystem which aims to ensure users can stake their Bitcoin with peace of mind and top notch security. Your funds are stored with Ceffu's custody solutions in an MPC-Wallet.
Tune in here to explore how we secure your BTC:
https://medium.com/@bouncebit/bouncebit-explained-37c0e5bafcc8
1. Node Staking & Delegation
💧Liquid Staking2. Premium Yield Generation
📊CeDeFi Yield3. Liquid Custody
📤Liquid Custody4. Bridging onto BounceBit
🌉BridgingYou can now claim all your accumulated profits from before Mainnet launch on portal.bouncebit.io. In the future profits will be available for claiming every 14 days.
You can already start unstaking from Premium Yield, which will take a total of 7 days. BBTC and BBUSD will be redeemable on the 20th of May. Subscribe to BounceBit social media channels to get the latest updates on the details guide on how to withdraw your principles.
You can now claim all your accumulated profits from before Mainnet launch on portal.bouncebit.io. In the future profits will be available for claiming every 14 days.
Please follow these steps to get your yields.
Initiate Unstake: Begin by unstaking from your selected strategy
7-Day Waiting Period: A mandatory waiting period ensures the accurate processing of your request.
Claim: Access your principles once the waiting period ends.
BTC Tokens from the native Bitcoin Chain and various EVM-compatible Chains can be bridged into the BounceBit ecosystem. Most notably, BTCB on Binance Smart Chain (BEP20) and WBTC on Ethereum are supported. BounceBit aims to support all sound BTC asset types.
BounceBit natively supports liquid staking for BBTC. BBTC holders can stake their funds with node operators and receive a liquid staking token (LST) as receipt for their contribution. stBBTC will be restakeable to infrastructure like BTC Bridge, oracles, data availability layers and more.
BBTC holders can stake their funds with node operators and receive a liquid staking derivative (LSD) as receipt for their contribution. This LSD can be restaked to infrastructure like BTC Bridge, oracles, data availability layers and more.
When you deposit on portal.bouncebit.io you will automatically receive your Liquid Custody Token (LCT) on the respective chain you deposited on.
LCTs like BBTC and BBUSD automatically reflect your total custodial holdings (WBTC & BTCB -> BBTC, USDT -> BBUSD)
- Unstake: You may close your position by unstaking from the chosen strategies.
- Claim: You may claim your profit every 14 days.
Stake: Subscribe to a premium yield position by staking your tokens in any of the available strategies.
Lock-up Period: There is a mandatory 7-day lock-up period post-staking. During this time, you cannot modify or unstake your open positions.
Please get in touch on our Discord at https://discord.gg/bouncebit and open a ticket to share your request. Or fill this Google form and we'll reach out to you ASAP: https://forms.gle/iBtntrxEnZg5hbdG9
