In the past week, BounceBit has demonstrated strong market confidence by repurchasing 8.87 million BB Tokens from the open market. This move is backed by substantial support—current annual protocol revenue stands at $16 million, indicating that this level of repurchase is likely to continue. It is worth mentioning that all of BounceBit's on-chain operations can be viewed in real-time on the public dashboard, a level of transparency that is rare in the current market environment.

As a CeDeFi chain focused on Bitcoin re-staking, BounceBit's hybrid architecture design is quite attractive. This design not only allows traditional centralized finance users to seamlessly access decentralized finance yield scenarios but also provides Bitcoin holders with multiple channels to earn yields. This high compatibility is rare among similar projects.

Recently, BounceBit launched a $100,000 creator incentive program with a rather creative distribution method. The top 300 participants will share 70% of the prize pool, while the remaining eligible participants will share the remaining 30%. This tiered distribution strategy is more sustainable than a simple cash giveaway model.

From the data, the BounceBit team is seriously managing the value of the Token. Behind the nearly 9 million BB buyback volume is considerable protocol income support, which is not an empty promise. Considering the recent development trend of the Bitcoin ecosystem, a hybrid chain like BounceBit, which combines centralized efficiency and decentralized security, is likely to become an important area for capital accumulation in the next market cycle. After all, in an environment where overall yields are trending downward, solutions that can meet both security needs and yield expectations will always find a market.