Integration of Node Staking Rewards
Last updated
Last updated
BounceBit's CeDeFi infrastructure allows the simultaneous earning of yield from different sources but the same asset.
If you use stBBTC to subscribe to a BTC CeDeFi Yield strategy, you will earn BTC yield from Funding Rate Arbitrage, whilst earning node staking rewards.
To do so, you first have to stake your BBTC to a node via Portal or BBScan.
Here is a guide:
After this is done you can use your stBBTC to subscribe to CeDeFi Yield:
If you use BBUSD to subscribe to a USDT CeDeFi Yield strategy, you will earn USDT yield from Funding Rate Arbitrage, whilst earning node staking rewards (BB rewards).
For this, you only need to subscribe to CeDeFi Yield on BounceBit Chain using BBUSD and you will automatically earn BB rewards.