BounceBit has launched a new credit layer called Borobudur for Franklin Templeton's BENJI token, a move designed to let the same assets pull double duty. The layer aims to improve capital efficiency by enabling dual asset utility, but it also brings fresh risks, including smart contract vulnerabilities and token volatility.
How Borobudur Works
Borobudur is built to let users deploy their holdings across two functions at once, rather than locking them into a single use. That's the core of dual asset utility. For BENJI, that means the token can serve as collateral or be used in other ways while still earning or being available for
