BounceBit’s Launches CeDeFi V2; Aims to Simplify Cross-Chain Investments

• BounceBit has introduced the new version of CeDeFi platform.
• The new version includes boosted APY rewards, along with new features.
• In the first hour, CeDeFi attracted more than $10 million in inflows.

BounceBit, a centralized decentralized finance (CeDeFi) protocol, launched CeDeFi V2. Incidentally, BB, which is the native token of BounceBit, rose by more than 3.73% in the past 24 hours. The new version of CeDeFi offers great returns and new features for users.

A major upgrade which the CeDeFi V2 brings is multi-chain support for Ethereum (ETH), BNB, Solana (SOL), Bitcoin (BTC) without the need to bridge funds to BounceBit’s chain, which will save a lot of hassle for the users and they will be able to streamline their investments in an easy way. 

The total value locked (TVL) in BounceBit’s CeDeFi V2 has surpassed $12 million. Over $10 million entered the new project in the first hour. This shows that many people want similar products. As the market rises, TVL is predicted to increase.

Some of the new features in CeDeFi V2 include increased user flexibility, new Auto, Fixed, and Manual strategies, and higher APY rewards. BTC, SOL, ET…

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