BounceBit: BB Token Buyback Program Backed by Over $10 Million in Protocol Revenue

BounceBit has partnered with Wall Street asset management giant Franklin Templeton to launch a new product, BB Prime, and a token buyback program. The product integrates Franklin Templeton's tokenized money market fund to create a CeDeFi structured product that combines basis arbitrage with Treasury bond yields. The announced BB token buyback program, backed by over $10 million in protocol revenue, aims to strengthen the long-term value of the token.