BounceBit announced that the Water Margin (Points Paradise) and East-to-West (BIT Incentive Program) events have ended. Before trading begins, BounceBit will airdrop BB to all eligible participants who participated in any event. The distribution will be automatic and there is no need to claim.
Liquid Custody is live on the BounceBit website. For every BTCB, WBTC, FDUSD, and USDT deposited by a user, BounceBit will issue the corresponding Liquid Custody Token (LCT) on the BNB Chain or Ethereum chain where the user deposited. Early access users will automatically be allocated LCT tokens BBTC and BBUSD on the BounceBit chain.
If a user deposits MUBI, AUCTION, or DAII, they will receive bridge tokens on the BounceBit chain in their wallet. These tokens can be withdrawn from the BounceBit chain via the bridge. The bridge will be available once the mainnet is launched.
WBTC, BTCB, FDUSD, and USDT will be available for withdrawal at the end of May. All new and previously deposited tokens in the Premium Yield Program will continue to accrue yields. These tokens will be available for withdrawal at the end of May.