TechFlow news: BounceBit has announced that existing users who deposited BTCB, WBTC, FDUSD, and USDT to participate in the early experience will automatically receive Liquidity Custody Tokens (LCT) of BBTC and BBUSD allocated on the BounceBit chain. No action is required from users, and this also applies to funds staked in Premium Yield Generation.
For new deposits made after the Megadrop launch, LCTs will be allocated on the respective chains where users deposit. Users can bridge LSTs (BBTC and BBUSD) to BounceBit Chain via MultiBit or Polyhedra to stake and participate in DeFi activities.
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