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Home ยป AILayer and BounceBit Strategically Collaborate to Explore a New Asset Management Paradigm in the Bitcoin Yielding Track
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AILayer and BounceBit Strategically Collaborate to Explore a New Asset Management Paradigm in the Bitcoin Yielding Track

Jun. 7, 20242 Mins Read
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AILayer and BounceBit Strategically Collaborate to Explore a New Asset Management Paradigm in the Bitcoin Yielding Track
AILayer and BounceBit Strategically Collaborate to Explore a New Asset Management Paradigm in the Bitcoin Yielding Track
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AI-driven Bitcoin Layer2 network project AILayer announced a strategic partnership with the leading Bitcoin staking project Layer1, BounceBit. The two parties will work together to explore a new paradigm of AI-driven financial services and yield track in the Bitcoin ecosystem.

This collaboration will also explore the deep application of AI technology in the financial sector, particularly in the innovation of AI large model training. Due to the massive centralized computing power required for AI large model training, traditional decentralized methods are unable to meet this demand. The emergence of the CeDeFi model not only provides intensive capital support for AI large model training but also offers a new way to integrate funds and resources for the future development of AI technology. This strategic partnership heralds a new chapter in the integration of AI and financial technology, opening up the prospects of AI technology in broader fields.

BounceBit utilizes its BTC EVM Layer 2 platform to provide a PoS staking mechanism, allowing users to stake their native token BB or BTC assets. In addition, through the centralized custody services provided by Mainnet Digital and Ceffu, users’ deposited BTC assets on BounceBit are converted into bounceBTC, which can be staked to earn validation rewards. BounceBit offers users triple income: custody income of mainnet BTC assets, income from on-chain staking projects, and restaking rewards.

At the same time, AILayer’s innovative architecture aims to enhance the scalability of the Bitcoin network through its EVM compatibility and modular design, promote AI integration, and facilitate multi-chain interconnection within the Bitcoin ecosystem. This strategic partnership not only marks a significant step in strengthening the functionality of Bitcoin but also provides a solid foundation for future collaboration between financial technology and artificial intelligence.

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Disclaimer: This article is a sponsored content provided by the contributor, and is not related to the Dynamic Zone, nor does it represent the position of the Dynamic Zone. This article does not intend to provide any investment, asset advice, or legal opinions, and should not be considered as an offer to buy, sell, or hold assets. Any services, programs, or tools mentioned in the sponsored content are for reference only, and the actual content or rules are subject to the announcement or explanation by the contributor. The Dynamic Zone is not responsible for any potential risks or losses, and readers are reminded to carefully verify before making any decisions or actions.

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