🍞Bread and Butter
What is Bread and Butter?
Bread and Butter is BounceBit Chain's innovative cross-chain liquidity scheme, bridging $BB to major EVM-compatible blockchains and the Bitcoin CeDeFi ecosystem. This strategy builds on BounceBit's CeDeFi infrastructure, combining secure custody, asset management, and DeFi elements to enhance user engagement and ecosystem sustainability. Just as bread and butter form the foundation of a meal, this liquidity scheme establishes $BB as the core asset ("bread"), with liquidity pools and channels acting as the "butter," spreading utility across multiple networks.
How It Works
When users initiate transactions on their preferred networks (like Ethereum or BNB Chain), the Bread and Butter scheme automatically manages liquidity flow through integrated bridge protocols. The system maintains deep liquidity pools on leading EVM networks, where $BB can be paired with both native tokens (ETH, BNB, Polygon) and Bitcoin-based CeDeFi assets (BBTC, BBUSD). Each transaction contributes to balanced liquidity channels, with arbitrage mechanisms smoothing out price differences across chains - just like butter spreading evenly on bread.
Intent-Based Trading
The Bread and Butter scheme is built for intent-based users who want to access BounceBit ecosystem tokens from their native networks. When users purchase tokens on platforms like Ethereum, liquidity automatically channels back to BounceBit Chain. This approach allows users to engage with $BB and other BounceBit ecosystem tokens without needing to switch networks, making cross-chain liquidity accessible and efficient.
Advantages of Bread and Butter
Seamless Cross-Chain Access: Trade BounceBit ecosystem tokens from your preferred network without bridging
Deep Liquidity: Access to substantial liquidity pools across multiple major chains
Automated Price Balancing: Arbitrage mechanisms ensure consistent pricing across networks
CeDeFi Integration: Combines the security of centralized finance with DeFi accessibility
Reduced Complexity: No need for users to manage multiple network switches or bridges
Launch Partnership
The first proof of concept launches with MultiBit Bridge (@Multibit_Bridge) as the core bridging partner.
Initial implementation includes:
First bridged tokens: $NOTBB and $LNNG
Support for major networks: Ethereum and BNB Chain
Direct trading using native tokens (ETH, BNB)
Automated liquidity channeling back to BounceBit Chain
Future ecosystem tokens will be added based on community demand, continuously expanding the reach and utility of the Bread and Butter liquidity scheme.
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