Infrastructure

User Flow

BounceBit presents a transformative infrastructure that orchestrates the flow of Bitcoin assets within a CeFi+DeFi hybrid financial system. Designed to enhance the Total Value Locked (TVL) within its ecosystem, BounceBit leverages the robust security of centralized finance (CeFi) and the versatile, yield-generating opportunities of decentralized finance (DeFi). Here is a walkthrough of the user journey within BounceBit’s TVL attraction infrastructure:

  • BTC To BTCB: Initiate by transferring your BTC to the BNBChain (BEP20) on Binance exchange, where it will be automatically converted into BTCB (Wrapped Bitcoin on the BNB Chain).

  • Participate in The Water Margin Event: Deposit your BTCB on the BounceBit Water Margin TVL event page, marking your entry into the yield-enhancing opportunities of BounceBit.

  • CeFi Regulated Custody: The deposited BTCB is then transferred to Mainnet Digital’s custody, a regulated entity that ensures the highest standards of security and compliance, safeguarding the integrity of BounceBit’s TVL. For participating, you will receive BBTC as a voucher, acknowledging your contribution to the ecosystem’s liquidity.

  • Asset Management Diversification: With this commitment, you are granted access to a selection of asset management services, each with unique strategies and tailored incentive plans. You can choose to engage with these services and simultaneously bridge your BBTC to BounceBit's Layer 1. Details of the strategies and their perks can be found on the Asset Management page.

  • Token Bridging: Cross your BBTC tokens over to the BounceBit chain, integrating them into the broader BounceBit ecosystem.

  • Staking and Ecosystem Engagement: Finally, stake your BBTC tokens within the BounceBit network by allocating them to validator nodes and get stBBTC back as LSD, or use them to participate in on-chain ecosystem projects, thereby contributing to and benefiting from the network’s growth and success.

BounceBit’s infrastructure is meticulously architected to elevate Bitcoin’s status from a passive asset to an active, yield-generating instrument. By offering an integrated platform where Bitcoin holders can capitalize on the strengths of both CeFi and DeFi, BounceBit is pioneering a new chapter in asset optimization and financial innovation within the blockchain space.

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