BounceBit launches liquid custody token

Golden Finance reported that BounceBit officially issued a statement stating that existing users who participate in the early access with BTCB, WBTC, FDUSD and USDT deposits will automatically be allocated BBTC and BBUSD Liquidity Custody Tokens (LCT) on the BounceBit chain. No user action is required and this also applies to funds staked in Premium Yield Generation. For new recharge funds after Megadrop goes online, LCT will be allocated to the corresponding chain where users recharge.