BounceBit Launches Testnet Phase 2, Debuts App Store for Developers

BounceBit Testnet Phase 2: App Store, an extension of the successful BounceClub East-to-West Event, was launched on March 8, 2024. This phase introduces the BounceBit App Store, allowing developers to deploy their decentralized applications (DApps) by submitting them through a GitHub pull request. The Testnet serves as a preview of the BounceBit Mainnet, offering opportunities to deploy on the BounceBit chain, stress-test DApps, onboard validators, and experience the tokenomics model.

BounceBit Unveils Testnet Phase 2: App Store, Expanding Developer Opportunities and Ecosystem Robustness

Following the successful launch of its BounceClub East-to-West Event on March 8, 2024, BounceBit proudly announces the commencement of Testnet Phase 2, introducing the BounceBit App Store. This innovative phase empowers developers to deploy their decentralized applications (DApps) on the BounceBit Testnet, mirroring the mainnet environment and offering a glimpse into the upcoming BounceBit Mainnet.

Unlocking Developer Potential: BounceBit App Store

BounceBit Testnet Phase 2 heralds the launch of the BounceBit App Store, a dedicated platform showcasing both in-house DApps and those developed by the vibrant community and external projects. Developers are encouraged to submit their DApps to the App Store via a GitHub pull request. After thorough review, approved DApps will be listed and given priority consideration for inclusion in the BounceBit Mainnet App Store based on their performance during the Testnet phase.

To facilitate a seamless onboarding process, BounceBit has compiled an official guide outlining the necessary steps.

Stress Testing DApps: A Community-Driven Process

BounceClub owners and users play an integral role in the testing and evaluation of DApps listed on the BounceBit Testnet App Store. By selecting and adding DApps to their BounceClubs, owners create a dynamic testing environment where users can interact with these applications. The BounceClub community's feedback is instrumental in identifying vulnerabilities, enhancing the resilience and reliability of the BounceBit ecosystem.

Expanding Validator Network: Ensuring Stability and Security

Testnet Phase 2 builds upon the initial onboarding of node operators during the BounceClub East-to-West Event, with the aim of expanding the validator network. Potential validators are invited to participate in the onboarding process through Discord, contributing to the stability and security of the network.

Rigorous Tokenomics Testing: Paving the Way for a Sustainable Ecosystem

BounceBit Testnet Phase 2 will continue the rigorous testing of the platform's tokenomics, including token generation events (TGE), inflation rates, vesting schedules, gas fees, block sizes, and the validator slashing mechanism. This comprehensive evaluation ensures a sustainable and balanced token economy.

About BounceBit: Empowering BTC Holders

BounceBit is a groundbreaking platform that establishes a BTC restaking infrastructure, offering a secure foundation for diverse restaking products. The BounceBit ecosystem encompasses the BounceBit chain, a PoS Layer 1 secured by validators staking both BTC and BounceBit's native token, creating a dual-token system that combines Bitcoin's security with full EVM compatibility. Critical ecosystem infrastructure, such as bridges and oracles, is reinforced by restaked BTC. Through an innovative CeDeFi framework, BounceBit enables BTC holders to generate yield across multiple networks.

For further information, please visit the following resources:

Website: https://bouncebit.io/
Discord: https://discord.gg/zH3Jbdc
Medium: https://medium.com/@bouncebit