Key Takeaways
- BounceBit launches BB-tokens as a new rebasing token standard embedding yield directly within the token.
- The release covers five variants: BBTC, BBETH, BBSOL, BBNB, and BBUSD.
BounceBit, a CeDeFi platform, today unveiled BB-tokens as a new rebasing token standard that automatically accrues yield within its blockchain ecosystem. The launch includes five variants: BBTC, BBETH, BBSOL, BBNB, and BBUSD.
The rebasing mechanism in tokens like BBTC and BBETH enables automatic yield earning while maintaining asset usability as collateral or liquidity providers across the BounceBit platform.
BounceBit’s V3 integrates a built-in perpetuals exchange, allowing seamless trading alongside the new BB-tokens for enhanced ecosystem functionality. The upgrade consolidates CeDeFi vaults across multiple chains, routing deposits in assets like ETH and SOL directly into the $BB value-accrual system.
The $BB token serves as the primary native token that captures value from protocol cash flows and buybacks within the CeDeFi ecosystem.
Source: https://cryptobriefing.com/bouncebit-unveils-bb-tokens-rebasing-yield-standard/