On May 13, BounceBit successfully launched its mainnet, marking an important milestone in its journey to revolutionize the CeDeFi space. According to Medium’s official announcement, the team is committed to continuously improving the platform to meet the expectations of the community. The announcement also revealed some exciting updates and new features that will be released over the next two weeks.
CeDeFi Dashboard
BounceBit has introduced a comprehensive statistics dashboard available at bbscan.io/statistics. Now users can easily track inflows/outflows, bridging volumes, deposit/withdrawal statistics, and more, all from a single interface.
Portal and CeDeFi updates
Portal.bouncebit.io serves as the primary interface for interacting with the BounceBit ecosystem. This intuitive platform allows users to engage with a variety of features and services offered by BounceBit.
BBUSD and Node Staking Rewards
The BBUSD yield structure is being upgraded. BBUSD is now included in node staking reward distribution along with premium yield. Staking premium returns with BBUSD allows users to earn additional BB rewards on top of the returns generated from delta-neutral funding rate arbitrage. This update only applies to subscriptions made on BounceBit Chain.
UX updates
Recognizing that some users find the product’s mechanics complex, BounceBit is introducing optional automated mechanisms to simplify the experience. This new feature unifies multiple steps into a single user interaction while allowing for individual actions such as stake delegation and premium revenue subscriptions.
BEP-20 USDT added
Due to popular demand, BounceBit is adding support for USDT to the BNB Smart Chain (BSC). Users can deposit USDT into BSC to earn BBUSD and earn in USDT (BEP-20). As a result, FDUSD deposits will soon be suspended.
Bitswap integration
BitSwap, the leading DEX on BounceBit Chain, is now accessible through the portal. This integration allows users to perform token swaps from the same interface where staking, subscriptions, and deposits occur, improving the overall user experience and asset flow.
Ethena Integration
BounceBit partners with Ethena to launch groundbreaking high-yield product in DeFi. Starting next week, users will be able to earn sUSDE yields, ENA rewards, BB rewards, and 5x Sats for Ethena’s ongoing Sats campaign all within one product.
Stay tuned for further updates as BounceBit continues to strengthen its ecosystem.
About BounceBit
BounceBit is pioneering the CeDeFi infrastructure to deliver institutional-grade yield products, reimagine use cases, and CeDeFi as a service, making high yield opportunities accessible to all. BounceBit Chain is a secure, dual-token PoS layer 1. BTC $BB leverages the security of Bitcoin with full EVM compatibility. By designing Liquid Custody Tokens (LCTs) and partnering with CEFFU, users earn real interest from CeFi and utilize LCTs for re-staking and on-chain farming.
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