PANews reported on April 11 that Binance Labs has invested in BounceBit, a native Bitcoin re-staking platform. BounceBit seamlessly integrates the best features of centralized finance (CeFi) and decentralized finance (DeFi) through strategies such as funding rate arbitrage and issuing on-chain tokens for re-staking mining, unlocking new possibilities for Bitcoin and promoting the generation and application of yield enhancement.
Binance Labs Announces Investment in BounceBit
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