🏦BounceBit CeFi + DeFi
BounceBit CeFi + DeFi Architecture
System Overview
BounceBit implements a hybrid financial infrastructure that combines CeFi custody with DeFi yield generation. The system enables parallel yield streams through both centralized and decentralized mechanisms, utilizing Bitcoin as the primary asset.
Core Components
Asset Flow Process
Initial Custody (CeFi Layer)
Assets transfer to Mainnet Digital's regulated custody
Users receive BBTC/BBUSD vouchers as custody tokens
Custody maintains regulatory compliance standards
Asset Management Layer
Access to multiple management strategies
Integration with established DeFi protocols
Bridge functionality for BBTC/BBUSD to Layer 1
Chain Integration
LCT (Liquid Custody Tokens) bridge to BounceBit chain
Validator node staking with stBBTC issuance
Ecosystem project participation options
Yield Generation Mechanisms
1. DeFi Ecosystem Yield
Liquidity provision
Yield farming protocols
Project launch participation
Governance incentives
2. Infrastructure Yield
Node operation rewards
PoS mining returns
Transaction fee distribution
BB coin unlocking schedule
3. CeFi Integration Yield
Ceffu MirrorX implementation
Funding rate arbitrage (Binance integration)
Over-collateralized lending
Futures-spot price differential strategies
Technical Implementation
Asset Management Structure
Regulated custody base layer
Bridge protocols for cross-chain movement
Validator node infrastructure
LSD (Liquid Staking Derivatives) mechanics
Risk Management
Over-collateralization requirements
Regulated custody standards
Multiple yield stream diversification
Transparent on-chain tracking
Last updated