Mastering BounceBit's Efficiency Strategy 🚀💰 Ultimate Guide!

Enhancing Capital Efficiency in the Crypto Space

Looking to maximize your yield while ensuring security and sustainability in the crypto space? BounceBit has introduced a revolutionary guide that merges Centralized Finance (CeFi) and Decentralized Finance (DeFi) to enhance capital efficiency. This comprehensive approach allows users to earn yield from multiple sources through a single product, creating a more sustainable and efficient model.

BBUSD: A Premium Yield Strategy

BBUSD is a Liquid Custody Token (LCT) backed 1:1 by regulated custody.
Subscribe to a USDT Premium Yield strategy using BBUSD to earn USDT yield from Funding Rate Arbitrage and node staking rewards.
Must subscribe to Premium Yield for eligibility to earn BB rewards.

stBBTC: Another Premium Yield Opportunity

stBBTC is another LCT offered by BounceBit.
With stBBTC, subscribe to a BTC Premium Yield strategy to earn BTC yield from Funding Rate Arbitrage and node staking rewards.
No need to subscribe to Premium Yield for BB rewards, but staking to a node is essential for maximizing yield.

Getting Started with BounceBit

Obtain BBUSD or BBTC
1. Visit the BounceBit Portal and connect your wallet.
2. Select the network corresponding to your desired currency.
3. Enter the deposit amount and approve the transaction.
4. Receive BBUSD or BBTC in your wallet after approval.
Bridging to BounceBit Chain
- Switch to the ‘Bridge’ tab in the BounceBit Portal.
- Select the asset and chain to bridge, enter the amount, and confirm the transaction.
- Approve the spending cap and bridging transaction in your wallet.
- View balance on BounceBit Mainnet and transactions on bbscan.io after bridging.
Use LSD to Get stBBTC (For BBTC Only)
1. Go to the “Stake” tab on the BounceBit Portal.
2. Switch to the BBTC tab, stake the amount, and confirm the transaction in your wallet.
3. Receive stBBTC as a voucher upon transaction completion.
Subscribing to Premium Yield
- Have an LCT (BBUSD, BBTC, or stBBTC) ready on BB Chain, BSC, or Ethereum.
- Visit BounceBit Premium Portal, select a strategy, stake the amount, and confirm the transaction.
- View Premium Staking data on the BounceBit platform after successful subscription.

Combining CeFi and DeFi for Robust Yield Generation

BounceBit’s innovative approach of merging CeFi and DeFi offers a comprehensive and efficient yield generation model. By providing users with multiple avenues to maximize their returns, BounceBit ensures the security and sustainability of assets in the evolving crypto landscape.