BounceBit reintroduces the concept of CeDefi
CeFi acts as the enabler for the DeFi ecosystem. High yield opportunities, both centralized & decentralized.
On BounceBit, CeFi doesn't bar you from participating in DeFi.
For example, BounceBit issues #BBTC for your deposited BTC, so you can further participate and earn additional yield from onchain DeFi activities on BounceBit.
read more- https://twitter.com/bounce_bit/status/1771830168530583726?s=20