BounceBit V3 launches new BB token standard, staking lock-up period adjusted to 28 days
Foresight News reported that BounceBit has announced the launch of V3, with its vault positions converted 1:1 to the new BB token standard. V3 introduces tokens with resettable bases and built-in yields, including BBTC, BBETH, BBSOL, BBNB, and BBUSD. Under the new staking mechanism, BB tokens will be staked on BB Chain, and stBB rewards will be distributed daily on BB Chain. After each staking operation, the staked amount will be locked for 28 days. BounceBit Perps is currently under maintenance and will relaunch with BLP in November.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreImpacted by Amazon's official launch of Amazon NOW fresh grocery instant delivery service in Brazil, Latin American e-commerce giant MercadoLibre's stock price fell by 6.5% during pre-market trading on Thursday.
Theravance Biopharma Inc. (TBPH) shares plunged 28% in pre-market trading after the company announced that its hypertension drug failed to meet the primary endpoint in a pivotal late-stage clinical trial.
Crypto prices
More
