PANews reported on November 12 that according to BounceBit's official Twitter announcement, its CeDeFi V2 platform has been officially launched, bringing a number of new features, including automatic, fixed and manual strategies, enhancing user flexibility and increasing annualized yield (APY). BounceBit V2 also supports multi-chain operations of ETH, BNB, SOL and BTC, and users do not need to bridge funds to its EVM-compatible Layer 1 BTC heavy-collateral chain.

In addition, BounceBit launched the V2 Launch Festival, offering generous $BB rewards and significantly increasing the APY in the first month. USDT deposits enjoy 2x weighting, and $BB rewards are now distributed in the form of $stBB, with an annualized return of about 16%. The platform has optimized subscription and redemption rules, lowered the minimum limit, accelerated withdrawals, and achieved daily settlement and revenue updates.