BounceBit (BB) is a CeDeFi platform that leverages a dual-token PoS consensus mechanism to secure its network and provide high-yield opportunities. It supports EVM-compatible dApps and offers robust security and liquidity solutions. The BB token is central to the ecosystem, used for staking, transaction fees, governance, and more. Founded by Jack Lu, BounceBit aims to merge the strengths of CeFi and DeFi, enhancing the utility of Bitcoin and other digital assets.