BB to CAD Converter
How much Canadian Dollar ( CAD) is 5 BounceBit ( BB)?
BounceBit
BB
Canadian Dollar
CAD
Last update: Refresh
How does it work?
The Morpher currency calculator allows you to convert a currency from BounceBit (BB)
to Canadian Dollar (CAD) in just a few clicks at live exchange rates.
Simply enter the amount of BounceBit you wish to convert to CAD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 BB, 5 BB, 10 BB, 50 BB etc.
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Quick facts about BounceBit
BounceBit is the first-ever native BTC Restaking chain. The BounceBit network is secured by staking both Bitcoin and BounceBit tokens. BounceBit's PoS mechanism introduces a unique dual-token staking system by leveraging native BTC security with full EVM compatibility.
In a groundbreaking move, BounceBit introduces the mixed DeFi and CeFi yield mechanism, allowing BTC holders to earn yields through native validator staking, DeFi ecosystem, and a CeFi mirroring mechanism powered by Ceffu and Mainnet Digital.
The $BB token has several uses on the BounceBit platform:
Staking: Stake $BB to actively participate in the PoS dual-token staking mechanism.
Protocol Incentive: The token is paid out as staking reward to validators who secure the network.
Gas: $BB is the denomination of the gas fees that are required to conduct transactions and execute smart contracts.
Governance: Use $BB to participate in on-chain governance, e.g. voting on protocol upgrades.
Currency: $BB can be used as currency on the BounceBit platform. It can be used in various applications and infrastructure, as medium of exchange or store of value.
BounceBit’s Layer 1 consists of the following components:
Dual-token PoS: A hybrid consensus mechanism where each validator can accept both $BBTC and $BB tokens;
Native LSD module: A module allowing the delegation of staking to validators and receiving a LST voucher in return.
BounceBit has a foundational CeFi layer which consists of below components:
Regulated Custody: All user funds are stored in secure custody solutions utilizing MPC wallets.
Off-Exchange Settlement (OES): OES enables safe access to CEX liquidity, while transactions are settled off-exchange.
BB Price Chart
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BB to CAD price stats
24hr
32.58%
7d
6.64%
30d
27.24%
Over the past 30 days, BounceBit has gained 27.24% to CAD. The trend and price charts for the past
week shows that BB has gained 6.64% to CAD and over the past 24 hours, BB has gained 32.58% to
CAD.