📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
In the world of BTC expansion projects, users are primarily concerned with two issues: asset security and yield. BounceBit innovatively integrates these two core issues into the same system, providing users with a comprehensive solution.
In terms of security, BounceBit adopts a multi-layer protection mechanism. It ensures the transparency of BTC mapping and custody through multi-signature custody, regulatory oversight from compliance agencies, or cross-chain proofs. At the same time, it introduces a re-staking mechanism that requires validators to simultaneously stake native tokens and re-staked assets, forming a dual guarantee to effectively curb malicious behavior. In addition, the implementation of circuit breaker and throttling mechanisms can protect network security under extreme conditions.
In terms of earnings, BounceBit provides users with diverse sources of income. Users can engage in lending and market-making to earn interest and fees using the LRT tokens obtained through re-staking. More importantly, various revenues generated during the network operation, such as transaction fees, cross-domain service fees, ordering, and MEV profits, will be distributed proportionally to the stakers. This means that users are not just passively earning interest but actively participating in the economic activities of the entire network.
BounceBit places special emphasis on the transparency of risk management, allowing users and institutions to clearly understand risk boundaries through methods such as reserve proofs, verifiable cross-chain certificates, and disclosure of forfeiture records. This approach goes beyond the simple slogan of "high return, high risk" and instead quantifies risk, enabling participants to make more rational decisions.
Through this innovative design, BounceBit not only addresses the most concerning issues for users in the BTC expansion project but also provides new ideas for the healthy development of the entire ecosystem. It demonstrates how to create diversified income opportunities for users while ensuring asset security, promoting the BTC ecosystem towards a more mature and sustainable direction.