BounceBit is launching a buyback program for $BB, marking the beginning of a multi-year capital deployment strategy as the protocol grows. The program begins from a position of strength. To date, the protocol has already accrued over $10 million in revenue and is currently on pace to annualize more than $16 million based on platform activity. These figures were generated prior to the launch of BB Prime. As capital flows into Prime, we expect revenue to rise materially, driven by increasing demand for onchain structured yield products. BB Prime is positioned to scale with two accelerating trends: the growth of tokenized Treasuries and the rising demand for capital-efficient BTC yield strategies. As RWA continue to move onchain, and as institutions begin to explore digital assets as yield-bearing within their treasury portfolios, BounceBit offers the infrastructure to capture that demand. To align protocol incentives with long-term holders, the BounceBit Foundation has already acquired 5 million BB through open market purchases. Beginning this month, it will continue to repurchase BB on a discretionary basis using a portion of past and ongoing revenue. All activity will be conducted transparently and tracked via a dedicated public dashboard. This program reflects the Foundation’s belief that token value should be anchored in real, recurring income. By tying capital deployment to protocol performance, wet aim to establish a sustainable foundation for long-term value creation.
You can find a tracking dashboard here:
26,6K