{"id":1251,"date":"2025-04-19T14:53:44","date_gmt":"2025-04-19T06:53:44","guid":{"rendered":"https:\/\/www.yixiangtian.com\/?p=1251"},"modified":"2025-04-19T14:53:44","modified_gmt":"2025-04-19T06:53:44","slug":"%e6%af%94%e7%89%b9%e5%b8%812%e4%b8%87%e4%ba%bf%e7%be%8e%e5%85%83%e9%98%b3%e8%b0%8b%ef%bc%9a%e6%8b%93%e5%b1%95%e6%97%b6%e9%97%b4%e5%92%8c%e7%a9%ba%e9%97%b4%e7%9a%84%e8%be%b9%e7%95%8c","status":"publish","type":"post","link":"https:\/\/www.yunsiwang.com\/?p=1251","title":{"rendered":"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<blockquote><p>\n     \u539f\u6587\u6807\u9898\uff1a\u300a\u6bd4\u7279\u5e01 2 \u4e07\u4ebf\u7f8e\u91d1\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c\u300b\n   <\/p><\/blockquote>\n<blockquote><p>\n     \u539f\u6587\u4f5c\u8005\uff1a@BMANLead\u3001@Wuhuoqiu\u3001@Loki_Zeng\u3001@Kristian_cy\uff0cABCDE\n   <\/p><\/blockquote>\n<p><\/p>\n<p>2024 \u5e74 Crypto \u7684\u5927\u4e8b\u4ef6\uff0c\u968f\u7740\u6bd4\u7279\u5e01\u4ef7\u683c\u65e0\u9650\u63a5\u8fd1 10 \u4e07\u7f8e\u5143\u5927\u5173\u800c\u9774\u5b50\u843d\u5730\u3002\u6bd4\u7279\u5e01\u51cf\u534a\u548c ETF \u901a\u8fc7\uff0c\u7279\u6717\u666e\u5373\u5c06\u628a\u6bd4\u7279\u5e01\u4f5c\u4e3a\u6218\u7565\u50a8\u5907\uff0c\u968f\u7740\u6bd4\u7279\u5e01\u66f4\u52a0\u6df1\u5165\u4f20\u7edf\u91d1\u878d\u6df1\u6c34\u533a\uff0c\u4e5f\u8ba9\u6211\u4eec\u91cd\u65b0\u601d\u8003\u4e00\u4e2a\u95ee\u9898\uff1a<\/p>\n<p><\/p>\n<p><strong>\u4ec0\u4e48\u662f\u91d1\u878d\uff1f<\/strong><\/p>\n<p><\/p>\n<p><strong>\u91d1\u878d\u7684\u672c\u8d28\u662f\u8d44\u4ea7\u7684\u8de8\u7a7a\u95f4\u548c\u65f6\u95f4\u8c03\u914d\u3002<\/strong><\/p>\n<p><\/p>\n<p><strong>\u5178\u578b\u7684\u8de8\u7a7a\u95f4\u8c03\u914d\uff1a\u501f\u8d37\u3001\u652f\u4ed8\u3001\u4ea4\u6613<\/strong><\/p>\n<p><\/p>\n<p><strong>\u5178\u578b\u7684\u8de8\u65f6\u95f4\u8c03\u914d\uff1a\u8d28\u62bc\u3001\u5229\u606f\u3001\u671f\u6743<\/strong><\/p>\n<p><\/p>\n<p>\u800c\u5728\u8fc7\u53bb\u6bd4\u7279\u5e01\u53ea\u5728\u94b1\u5305\u4e2d\u4fdd\u5b58\uff0c\u5728\u65f6\u95f4\u548c\u7a7a\u95f4\u4e0a\u90fd\u8d8b\u4e8e\u9759\u6b62\u3002\u8d85\u8fc7 65% \u7684\u6bd4\u7279\u5e01\u5728\u8d85\u8fc7\u4e00\u5e74\u7684\u65f6\u95f4\u90fd\u6ca1\u6709\u52a8\u8fc7\uff0c<strong>\u300cBTC \u53ea\u5e94\u88ab\u4fdd\u5b58\u5728\u94b1\u5305\u300d\u5982\u540c\u601d\u60f3\u94a2\u5370\u3002<\/strong><\/p>\n<p><\/p>\n<p><strong>\u6240\u4ee5 BTCFi \u5728\u5f88\u957f\u4e00\u6bb5\u65f6\u95f4\u5185\u5e76\u4e0d\u88ab\u770b\u597d\u3002<\/strong><\/p>\n<p><\/p>\n<p>\u5c3d\u7ba1\u6bd4\u7279\u5e01\u8bde\u751f\u7684\u51fa\u53d1\u70b9\u5c31\u662f\u5bf9\u51b2\u4f20\u7edf\u91d1\u878d\u4f53\u7cfb\uff0c\u4e14\u65e9\u5728 2010 \u5e74\u4e2d\u672c\u806a\u66fe\u5728\u8bba\u575b\u5199\u6307\u51fa\u6bd4\u7279\u5e01\u5c06\u652f\u6301\u81ea\u5df1\u591a\u5e74\u524d\u8bbe\u8ba1\u7684\u5404\u79cd\u53ef\u80fd\u7684\u573a\u666f\u7c7b\u578b\uff0c\u5176\u4e2d\u5c31\u5305\u542b\u591a\u79cd DeFi \u573a\u666f\uff0c\u4f46\u968f\u7740\u6bd4\u7279\u5e01\u5b9a\u4f4d\u9010\u6e10\u5411\u6570\u5b57\u9ec4\u91d1\u9760\u8fd1\uff0c\u5173\u4e8e\u6bd4\u7279\u5e01 DeFi \u6216\u662f\u91d1\u878d\u573a\u666f\u7684\u63a2\u7d22\u4e5f\u9010\u6b65\u505c\u606f\u3002<\/p>\n<p><\/p>\n<p>\u800c\u53e6\u4e00\u6761\u65f6\u95f4\u7ebf\uff0cRune Christensen \u5728 2013 \u5e74 3 \u6708\u5ba3\u5e03\u4e86 MakerDAO \u7684\u613f\u666f\uff0c\u968f\u540e\u5728 2016 \u5e74 ETH \u4e0a\u7684\u7b2c\u4e00\u4e2a DEX\u2014\u2014OasisDEX \u6b63\u5f0f\u4e0a\u7ebf\u30022017 \u5e74\uff0c\u8fd8\u662f\u5b66\u751f\u7684 Stani Kulechov \u5728\u745e\u58eb\u521b\u7acb AAVE\uff0c2018 \u5e74 8 \u6708\uff0c\u6240\u6709\u4eba\u719f\u6089\u7684 Bancor \u548c Uniswap \u5206\u522b\u4e0a\u7ebf\uff0c\u5f00\u542f\u4e86\u6ce2\u6f9c\u58ee\u9614\u7684 Defi Summer\u3002\u8fd9\u4e5f\u5ba3\u544a\u7740 DeFi \u7684\u672a\u6765\u53ef\u80fd\u6027\u5728\u90a3\u4e2a\u65f6\u95f4\u8282\u70b9\u6682\u65f6\u4ea4\u5230\u4e86 ETH \u624b\u4e2d\u3002<\/p>\n<p><\/p>\n<p><strong>\u4f46\u5f53\u6bd4\u7279\u5e01\u7684\u65f6\u95f4\u7ebf\u63a8\u8fdb\u5230 2024 \u5e74\uff0c\u6bd4\u7279\u5e01\u53c8\u56de\u5230 crypto \u4e16\u754c\u7684\u4e2d\u5fc3\uff0c\u6bd4\u7279\u5e01\u4ef7\u683c\u5230\u8fbe 99759 \u7f8e\u91d1\u65e0\u9650\u63a5\u8fd1 10 \u4e07\u7f8e\u91d1\u5927\u5173\uff0c\u5e02\u503c\u8d85\u8fc7 2 \u4e07\u4ebf\uff0cBTCFi \u5df2\u7ecf\u6210\u4e3a\u4e86\u4e00\u4e2a 2 \u4e07\u4ebf\u7f8e\u91d1\u7684\u9633\u8c0b\uff0c\u4eba\u4eec\u5bf9\u4e8e BTCFi \u7684\u521b\u65b0\u548c\u8ba8\u8bba\u53c8\u6084\u7136\u800c\u751f\u2026<\/strong><\/p>\n<p><\/p>\n<h2 class=\"_content_replace_h1\">\u4e00\u3001\u6bd4\u7279\u5e01\u7684 2 \u4e07\u4ebf\u7f8e\u91d1\u9633\u8c0b\uff1aBTCFi<\/h2>\n<p><\/p>\n<p>\u867d\u7136\u662f\u4ee5\u592a\u574a\u5f00\u542f\u4e86 Defi \u5927\u822a\u6d77\u65f6\u4ee3\uff0c\u5bf9\u4e8e\u6bd4\u7279\u5e01\u6765\u8bf4\uff0c<strong>BTCFi \u867d\u7136\u4f1a\u8fdf\u5230\uff0c\u4f46\u6c38\u8fdc\u4e0d\u4f1a\u7f3a\u5e2d<\/strong>\u3002\u4ee5\u592a\u574a\u4f5c\u4e3a Defi \u8bd5\u9a8c\u7530\u7ed9\u6bd4\u7279\u5e01\u5927\u91cf\u7684\u501f\u9274\uff0c\u4eca\u65e5\u7684\u6bd4\u7279\u5e01\u6b63\u5982\u5341\u4e94\u4e16\u7eaa\u7684\u6b27\u6d32\uff0c\u5904\u5728\u65b0\u5927\u9646\u7684\u9ece\u660e\u3002<\/p>\n<p><\/p>\n<h2>1.1 BTC \u4ece\u88ab\u52a8\u8d44\u4ea7\u53d8\u6210\u4e3b\u52a8\u8d44\u4ea7<\/h2>\n<p><\/p>\n<p><strong>\u6bd4\u7279\u5e01\u6301\u6709\u8005 Fomo \u5c5e\u6027\u548c\u4e3b\u52a8\u7ba1\u7406\u52a8\u673a\u7684\u4e0d\u65ad\u63d0\u5347\u5c06\u63a8\u52a8\u6bd4\u7279\u5e01\u4ece\u88ab\u52a8\u8d44\u4ea7\u8f6c\u53d8\u4e3a\u4e3b\u52a8\u578b\u8d44\u4ea7\uff0c\u4e3a BTCFi \u7684\u53d1\u5c55\u63d0\u4f9b\u4e86\u571f\u58e4\u3002<\/strong><\/p>\n<p><\/p>\n<p><strong>\u673a\u6784\u6301\u4ed3\u4e0d\u65ad\u589e\u52a0\u3002<\/strong>\u636e feixiaohao \u6570\u636e\uff0c\u5f53\u524d\u5171\u6709 47 \u5bb6\u516c\u53f8\u6301\u6709$1413.42 \u4ebf BTC\uff0c\u5360 BTC \u603b\u6d41\u901a\u91cf\u7684 7.7%\u3002BTC ETF \u901a\u8fc7\u4e4b\u540e\u8fd9\u79cd\u8d8b\u52bf\u8fd8\u5728\u7ee7\u7eed\u52a0\u901f\uff0c\u5e74\u521d\u81f3\u4eca\uff0cBTC \u73b0\u8d27 ETH \u5df2\u7ecf\u5e26\u6765\u4e86\u63a5\u8fd1 1.7 \u4e07\u679a BTC \u7684\u51c0\u6d41\u5165\uff0c\u76f8\u6bd4\u65e9\u671f\u77ff\u5de5\u548c\u5c6f\u5e01\u8005\uff0c\u673a\u6784\u5bf9\u8d44\u91d1\u5229\u7528\u6548\u7387\u548c\u56de\u62a5\u7387\u66f4\u52a0\u654f\u611f\uff0c\u4e0d\u4ec5\u62e5\u6709\u66f4\u9ad8\u7684\u53c2\u4e0e\u503e\u5411\uff0c\u8fd8\u5f88\u6709\u53ef\u80fd\u6210\u4e3a BTCfi \u7684\u4e3b\u52a8\u63a8\u52a8\u8005\u3002<\/p>\n<p><\/p>\n<p><strong>\u94ed\u6587\u548c BTC \u751f\u6001\u7684\u5174\u8d77\u8ba9 BTC \u793e\u7fa4\u7684\u6784\u6210\u53d8\u5f97\u66f4\u52a0\u590d\u6742\u3002<\/strong>\u4f20\u7edf BTC \u6301\u6709\u8005\u66f4\u5173\u6ce8\u5b89\u5168\u6027\uff0c\u653e\u5728\u4f18\u5148\u7ea7\u6bd4\u8f83\u9ad8\u7684\u4f4d\u7f6e\uff0c\u65b0\u6210\u5458\u4eec\u5bf9\u4e8e\u65b0\u53d9\u4e8b\u4e0e\u65b0\u8d44\u4ea7\u62b1\u6709\u66f4\u9ad8\u7684\u5174\u8da3\u3002<\/p>\n<p><\/p>\n<p><strong>ETH DeFi \u9010\u6e10\u8d70\u51fa\u4e86\u81ea\u5df1\u7684\u53ef\u6301\u7eed\u53d1\u5c55\u4e4b\u8def\u3002<\/strong>\u5982 Uniswap\/Curve\/AAVE\/MakerDAO\/Ethena \u90fd\u5df2\u7ecf\u627e\u5230\u4e86\u4e0d\u4f9d\u8d56\u4ee3\u5e01\u6fc0\u52b1\u60c5\u51b5\u4e0b\u4f9d\u9760\u5185\u90e8\u6216\u8005\u5916\u90e8\u6536\u5165\u5b9e\u73b0\u7ecf\u6d4e\u5faa\u73af\u7684\u65b9\u5f0f\u3002<\/p>\n<p><\/p>\n<p>\u5728\u591a\u91cd\u56e0\u7d20\u7684\u4f5c\u7528\u4e0b\uff0c\u6bd4\u7279\u5e01\u793e\u533a\u5bf9\u53ef\u62d3\u5c55\u6027\u4e8e BTCFi \u7684\u5174\u8da3\u5f97\u5230\u4e86\u663e\u8457\u63d0\u5347\uff0c\u8bba\u575b\u8ba8\u8bba\u8d8b\u4e8e\u66f4\u52a0\u79ef\u6781\uff0c\u53bb\u5e74\u6bd4\u7279\u5e01\u6838\u5fc3\u5f00\u53d1\u8005 Luke Dashjr \u63d0\u51fa\u7684 [\u7981\u7528\u94ed\u6587\u63d0\u6848] \u4e5f\u5e76\u672a\u5f97\u5230\u652f\u6301\u5e76\u5728\u4eca\u5e74\u4e00\u6708\u6b63\u5f0f\u5173\u95ed\u3002<\/p>\n<p><\/p>\n<h2>1.2 \u57fa\u5efa\u7684\u5b8c\u5584\u5ba2\u89c2\u4e0a\u94fa\u5e73\u4e86\u9053\u8def<\/h2>\n<p><\/p>\n<p>\u6280\u672f\u4e0a\u7684\u5ba2\u89c2\u9650\u5236\u4e5f\u662f\u6bd4\u7279\u5e01\u957f\u671f\u4ee5\u6765\u4ec5\u88ab\u89c6\u4e3a\u4e00\u79cd\u4ef7\u503c\u5b58\u50a8\u5de5\u5177\u7684\u539f\u56e0\uff0c\u8fd9\u4e00\u70b9\u4e5f\u5728\u9010\u6b65\u53d1\u751f\u53d8\u5316\u30022010-2017 \u5e74\u7684\u8def\u7ebf\u4e4b\u4e89\u6700\u7ec8\u4ee5 BTC \u5206\u53c9\u4e3a BTC \u548c BCH \u800c\u544a\u7ec8\uff0c\u4f46\u53ef\u62d3\u5c55\u6027\u7684\u63d0\u5347\u5e76\u672a\u505c\u6b62\uff0c\u5728 SegWit \u548c Taproot \u4e24\u6b21\u5347\u7ea7\u4e3a\u8d44\u4ea7\u53d1\u884c\u94fa\u5e73\u4e86\u9053\u8def\uff0c\u4e4b\u540e\u94ed\u6587\u5f00\u59cb\u51fa\u73b0\u5728\u4eba\u4eec\u7684\u4e8b\u4e1a\u5f53\u4e2d\u3002\u5e7f\u6cdb\u7684\u8d44\u4ea7\u521b\u9020\u5e26\u6765\u4e86\u4ea4\u6613\u548c\u91d1\u878d\u5316\u7684\u5ba2\u89c2\u9700\u6c42\uff0c\u968f\u7740 Ordinal\u3001Side-chain\u3001L2\u3001OP_CAT\u3001BitVM \u7b49\u6280\u672f\u7684\u51fa\u73b0\uff0cBTCFi \u573a\u666f\u7684\u642d\u5efa\u6709\u4e86\u771f\u6b63\u610f\u4e49\u4e0a\u7684\u53ef\u884c\u6027\u3002<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/2ac71f655f68f3e9514fe4391d480baf1732972223960.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 0\"><\/p>\n<p><\/p>\n<h2>1.3 \u5de8\u5927\u9700\u6c42\u63a8\u52a8\u53d1\u5c55<\/h2>\n<p><\/p>\n<p>\u4ea4\u6613\u91cf\u65b9\u9762\uff0c\u8d44\u4ea7\u7684\u591a\u5143\u5316\u5df2\u7ecf\u63a8\u52a8\u4e86\u4ea4\u6613\u9891\u7387\u7684\u63d0\u5347\u3002The Block \u6570\u636e\u663e\u793a\uff0c\u8fc7\u53bb 1 \u5e74 BTC \u65e5\u5747\u8f6c\u8d26\u5df2\u7ecf\u8d85\u8fc7 500k\/\u5929\uff0c\u5176\u4e2d RUNES \u548c BRC-20 \u5df2\u7ecf\u5360\u636e\u4e86\u4e3b\u5bfc\u3002\u63a5\u4e0b\u6765\u4ea4\u6613\u3001\u501f\u8d37\u3001\u4fe1\u7528\u6d3e\u751f\u3001\u751f\u606f\u7684\u9700\u6c42\u4e5f\u53d8\u5f97\u987a\u5229\u6210\u7ae0\uff0cBTCFi \u80fd\u591f\u4f7f\u5f97\u6bd4\u7279\u5e01\u6210\u4e3a\u4e00\u79cd\u751f\u4ea7\u6027\u8d44\u4ea7\uff0c\u5141\u8bb8 BTC \u4ece\u5176\u6301\u6709\u7684\u8d44\u4ea7\u4e2d\u8d5a\u53d6\u6536\u76ca\u3002<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/f98f83a8860715ea107d99e5aa771e0c1732972224115.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 1\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source: The Block\n   <\/p><\/blockquote>\n<p><\/p>\n<p><strong>TVL \u65b9\u9762\uff0cBTC \u4f5c\u4e3a\u5e02\u503c\u5360\u636e\u7edd\u5bf9\u4f18\u52bf\u7684\u52a0\u5bc6\u8d27\u5e01\u62e5\u6709\u6781\u9ad8\u7684\u6f5c\u529b\u3002<\/strong>\u76ee\u524d\uff0cBTC \u7f51\u7edc \u7684\u9501\u5b9a\u603b\u4ef7\u503c\uff08TVL\uff09\u7ea6 16 \u4ebf\u7f8e\u5143\uff08\u5df2\u8ba1\u5165 L2 \u548c\u4fa7\u94fe\uff09\uff0c\u4ec5\u5360\u6bd4\u7279\u5e01\u603b\u5e02\u503c\u7684 0.14%\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u5176\u4ed6\u4e3b\u6d41\u516c\u94fe\u7684 TVL \u4e0e\u5e02\u503c\u4e4b\u6bd4\u8981\u9ad8\u5f88\u591a\uff0cETH \u4e3a 15.7%\uff0cSolana \u548c BNBChain \u5206\u522b\u4e3a 5.6% \u548c 6.8%\uff0c\u6309\u7167\u4e09\u8005\u5e73\u5747\u503c\u8ba1\u7b97\uff0cBTCFi \u4ecd\u6709 65 \u500d\u7684\u589e\u957f\u7a7a\u95f4\u3002<\/p>\n<p><\/p>\n<p>\u5177\u6709\u667a\u80fd\u5408\u7ea6\u529f\u80fd\u7684\u4e3b\u6d41\u516c\u94fe\u7684 TVL \u4e0e\u5e02\u503c\u6bd4\u7387\u8981\u9ad8\u5f97\u591a\uff1a\u4ee5\u592a\u574a\u4e3a 14%\uff0cSolana \u4e3a 6%\uff0cTon \u7ea6\u4e3a 3%\u3002\u5373\u4f7f\u6309\u7167 1% \u7684\u6bd4\u4f8b\uff0cBTCFi \u4e5f\u6709\u5341\u500d\u589e\u957f\u7684\u6f5c\u529b\u3002<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/a11e497968cd2fbd56d8d0ecca0626f31732972224251.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 2\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source\uff1aDefillama\uff0cCoinmarketcap\n   <\/p><\/blockquote>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/e684791ece6d14b3819e8b8c2b32258f1732972224355.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 3\"><\/p>\n<p><\/p>\n<h2 class=\"_content_replace_h1\">\u4e8c\u3001BTCFi \u5143\u5e74<\/h2>\n<p><\/p>\n<p>\u6240\u4ee5\u5230\u4e86 2024 \u5e74\uff0cBTC \u5728\u6276\u6447\u76f4\u4e0a 2 \u4e07\u4ebf\u4e4b\u9645\uff0c\u4e5f\u8fce\u6765\u4e86 BTCFi \u5143\u5e74\u3002<\/p>\n<p><\/p>\n<p>\u6bd4\u7279\u5e01\u52a0\u4e0a\u300c\u91d1\u878d\u300d\uff0c\u77ac\u95f4\u6253\u5f00\u4e86 2 \u4e07\u4ebf\u7684\u53ef\u80fd\u6027\uff0c\u62d3\u5c55\u4e86\u6bd4\u7279\u5e01\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c\u3002<\/p>\n<p><\/p>\n<p><strong>\u5982\u6211\u4eec\u524d\u6cbf\u6240\u8bf4\uff1a\u91d1\u878d\u7684\u672c\u8d28\u662f\u8d44\u4ea7\u7684\u8de8\u7a7a\u95f4\u548c\u65f6\u95f4\u8c03\u914d\u3002<\/strong><\/p>\n<p><\/p>\n<p>\u90a3\u4e48\u6bd4\u7279\u5e01\u91d1\u878d BTCFi \u5c31\u662f\u6bd4\u7279\u5e01\u8de8\u7a7a\u95f4\u548c\u8de8\u65f6\u95f4\u7684\u6389\u914d\u3002<\/p>\n<p><\/p>\n<p><strong>\u8de8\u65f6\u95f4\u7684\u8c03\u914d\uff1a\u63d0\u5347\u6bd4\u7279\u5e01\u7684\u751f\u606f\u5c5e\u6027<\/strong>\uff0c\u4f8b\u5982\u8d28\u62bc\u3001\u65f6\u95f4\u9501\u3001\u5229\u606f\u3001\u671f\u6743\u7b49\uff0c\u8b6c\u5982\uff1a<\/p>\n<p><\/p>\n<p>\u00b7 \u7ed9\u6bd4\u7279\u5e01\u6253\u5f00\u65f6\u95f4\u7ef4\u5ea6\u7684 @babylonlabs_io<\/p>\n<p>\u00b7 \u6bd4\u7279\u5e01\u751f\u606f\u5165\u53e3 @SolvProtocol<\/p>\n<p>\u00b7\u300c\u534a\u4e2d\u5fc3\u5316\u4e5f\u8bb8\u662f\u6700\u4f18\u89e3\u300d\u7684 @Lombard_Finance<\/p>\n<p>\u00b7\u300c\u81ea\u5e26 Pendle\u300d\u7684 @LorenzoProtocol<\/p>\n<p>\u00b7 \u4e3a BTCFi \u800c\u751f\u7684\u94fe @use_corn<\/p>\n<p><\/p>\n<p><strong>\u8de8\u7a7a\u95f4\u7684\u8c03\u914d\uff1a\u63d0\u5347\u6bd4\u7279\u5e01\u7684\u6d41\u52a8\u6027<\/strong>\uff0c\u4f8b\u5982\u501f\u8d37\u3001\u6258\u7ba1\u3001\u5408\u6210\u8d44\u4ea7\u7b49\uff0c\u8b6c\u5982\uff1a<\/p>\n<p><\/p>\n<p>\u00b7 \u6258\u7ba1\u5e73\u53f0 @AntalphaGlobal\u3001@Cobo_Global\u3001@SinohopeGroup<\/p>\n<p>\u00b7 \u501f\u8d37\u65b0\u661f @avalonfinance_<\/p>\n<p>\u00b7 CeDeFi \u5148\u9a71 @bounce_bit<\/p>\n<p>\u00b7 \u767e\u82b1\u9f50\u653e\u7684 Wrapped BTC<\/p>\n<p>\u00b7 \u7a33\u5b9a\u5e01\u65b0\u661f @yalaorg<\/p>\n<p><\/p>\n<p>\u91d1\u878d\u5e94\u7528\u4e0d\u4ec5\u56de\u5230\u4e86 BTC \u751f\u6001\u53c2\u4e0e\u8005\u7684\u4e8b\u4e1a\u4e4b\u4e2d\uff0c\u8fd8\u8bde\u751f\u4e86\u5168\u65b0\u7684\u53ef\u80fd\u6027\uff0cBTCFi \u521b\u65b0\u9879\u76ee\u5f00\u59cb\u4e95\u55b7\u5f0f\u8bde\u751f\uff0c\u5df2\u7ecf\u5f62\u6210\u4e86\u4e00\u4e2a\u6bd4\u7279\u5e01\u91d1\u878d\u7248\u56fe\uff1a<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/9d7e6937218b580033bc991f82105b3c1732972224546.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 4\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source: ABCDE Capital\n   <\/p><\/blockquote>\n<p><\/p>\n<p>\u65e0\u8bba\u662f\u4f7f\u5f97\u300c\u6570\u5b57\u9ec4\u91d1\u300d\u5177\u5907\u751f\u606f\u5c5e\u6027\uff0c\u8fd8\u662f\u8ba9\u5176\u66f4\u52a0\u5177\u6709\u6d41\u52a8\u6027\uff0c\u8fd9\u4e24\u5927 BTCFi \u7684\u6838\u5fc3\u529f\u80fd\u90fd\u4e0e BTC \u5f53\u524d\u7684\u4e3b\u53d9\u4e8b\u65e0\u6bd4\u5951\u5408\u3002\u65e0\u8bba\u5e02\u573a\u662f\u725b\u662f\u718a\uff0c\u53ea\u8981 BTC \u4e0d\u53d8\uff0c\u53ea\u8981 BTC \u4f9d\u65e7\u662f\u5708\u5185\u6700\u4e3a\u8ba4\u53ef\u7684\u6570\u5b57\u9ec4\u91d1\uff0cBTCFi \u8fd9\u4e2a\u8d5b\u9053\u5c31\u4e0d\u592a\u53ef\u80fd\uff0c\u6216\u8005\u8bf4\u300c\u65e0\u9700\u300d\u8bc1\u4f2a\u3002<\/p>\n<p><\/p>\n<p>\u62ff\u5bf9\u5e94\u7684\u9ec4\u91d1\u4e3e\u4f8b\uff0c\u9ec4\u91d1\u4ef7\u503c\u901a\u5e38\u6765\u8bf4\u6709\u4e09\u5927\u652f\u6491:<\/p>\n<p><\/p>\n<p>1. \u73e0\u5b9d\u4e0e\u5de5\u4e1a\u7528\u9014<\/p>\n<p>2. \u6295\u8d44<\/p>\n<p>3. \u5404\u56fd\u592e\u884c\u6218\u7565\u50a8\u5907\u9700\u6c42<\/p>\n<p><\/p>\n<p>\u4ece\u6295\u8d44\u9700\u6c42\u6765\u8bb2\uff0c\u9ec4\u91d1 ETF \u5728 20 \u5e74\u524d\u901a\u8fc7\u4e4b\u540e\u63a8\u52a8\u9ec4\u91d1\u4ef7\u683c\u98d9\u6da8 7 \u500d\uff0c\u539f\u56e0\u662f\u5728 ETF \u4e4b\u524d\uff0c\u9ec4\u91d1\u6295\u8d44\u53ea\u6709\u5b9e\u7269\u9ec4\u91d1\u4e00\u4e2a\u6e20\u9053\uff0c\u5176\u4e2d\u7275\u626f\u5230\u7684\u4fdd\u9669\u3001\u8fd0\u8f93\u548c\u50a8\u5b58\u7b49\u8981\u6c42\u5bf9\u4e8e\u5f88\u591a\u4eba\u6765\u8bf4\u95e8\u69db\u8fc7\u9ad8\uff0c\u9ec4\u91d1 ETF \u8fd9\u79cd\u65e0\u9700\u5b58\u50a8\uff0c\u53c8\u53ef\u4ee5\u50cf\u80a1\u7968\u4e00\u6837\u4ea4\u6613\u7684\u300c\u7eb8\u9ec4\u91d1\u300d\u65e0\u7591\u662f\u4e2a\u53d8\u9769\u578b\u7684\u5b58\u5728\uff0c\u6781\u5927\u7684\u589e\u5f3a\u4e86\u9ec4\u91d1\u7684\u6d41\u52a8\u6027\u4e0e\u6295\u8d44\u4fbf\u5229\u6027\u3002<\/p>\n<p><\/p>\n<p>\u53cd\u8fc7\u6765\u770b BTC\uff0cBTC ETF \u660e\u663e\u6ca1\u6709\u9ec4\u91d1 ETF \u8fd9\u79cd\u53d8\u9769\u6027\uff0c\u56e0\u4e3a\u539f\u672c\u7528\u6237\u4ea4\u6613\u8fd9\u79cd\u300c\u6570\u5b57\u9ec4\u91d1\u300d\u7684\u95e8\u69db\u5c31\u4e0d\u9ad8\uff0cETF \u53ea\u662f\u5728\u5408\u89c4\uff0c\u76d1\u7ba1\u548c\u610f\u8bc6\u5f62\u6001\u5c42\u9762\u66f4\u8fdb\u4e00\u6b65\u3002\u6240\u4ee5\u5bf9\u4e8e BTC \u4ef7\u683c\u7684\u63a8\u52a8\u4f5c\u7528\u5927\u6982\u7387\u6bd4\u4e0d\u4e0a\u9ec4\u91d1 ETF\u3002\u4f46 BTCFi\uff0c\u901a\u8fc7\u8d4b\u4e88\u6bd4\u7279\u5e01\u7684\u65f6\u95f4+\u7a7a\u95f4\u91d1\u878d\u8c03\u914d\u5c5e\u6027\u8ba9 BTC \u53d8\u5f97\u6bd4\u4e4b\u524d\u66f4\u52a0\u300c\u6709\u7528\u300d\uff0c\u5bf9\u5e94\u7684\u66f4\u50cf\u662f\u9ec4\u91d1\u7684\u73e0\u5b9d\u4e0e\u5de5\u4e1a\u7528\u9014\u3002\u6240\u4ee5\u76f8\u5bf9\u4e8e\u6bd4\u7279\u5e01 ETF\uff0cBTCFIi \u4ece\u957f\u8fdc\u6765\u770b\u6216\u8bb8\u5bf9\u4e8e BTC \u4ef7\u503c\u4e0e\u4ef7\u683c\u7684\u63d0\u5347\u5e2e\u52a9\u66f4\u5927\u3002<\/p>\n<p><\/p>\n<h2>2.1. \u65f6\u95f4\uff1a\u63d0\u5347\u5e01\u6bd4\u7279\u5e01\u7684\u751f\u606f\u5c5e\u6027 2.1. \u65f6\u95f4\uff1a\u63d0\u5347\u5e01\u6bd4\u7279\u5e01\u7684\u751f\u606f\u5c5e\u6027<\/h2>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/e867a2ade984cfa6d484db0677e8b2871732972224657.jpeg\" style=\"width:50%\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 5\"><\/p>\n<p><\/p>\n<p>2.1.1. \u7ed9\u6bd4\u7279\u5e01\u6253\u5f00\u65f6\u95f4\u7ef4\u5ea6\u7684 Babylon<\/p>\n<p><\/p>\n<p>BTCFI \u8fd9\u4e2a\u6982\u5ff5\u6700\u7ed5\u4e0d\u5f00\u7684\u5e94\u8be5\u5c31\u662f Babylon\uff0c\u56e0\u4e3a\u6709\u4e86 Babylon\uff0c\u624d\u7b97\u662f\u6709\u4e86\u771f\u6b63\u610f\u4e49\u4e0a\u7684\u300c\u94fe\u4e0a\u751f\u606f BTC\u300d\u8fd9\u4e2a\u6982\u5ff5\u3002<\/p>\n<p><\/p>\n<p>\u4f17\u6240\u5468\u77e5\uff0cBTC \u4f7f\u7528\u7684 POW\uff0c\u662f\u6ca1\u6709\u901a\u80c0\/\u751f\u606f\u8fd9\u4e2a\u6982\u5ff5\u7684\uff0c\u6240\u4ee5\u4e5f\u5c31\u65e0\u6cd5\u50cf ETH \u7684 POS \u90a3\u6837\uff0c\u6bcf\u5e74\u6709\u4e00\u4e2a\u76f8\u5bf9\u786e\u5b9a\u6027\uff08\u6839\u636e\u8d28\u62bc\u6bd4\u4f8b\u66f2\u7ebf\u8c03\u6574\uff09\u7684 3-4% \u5de6\u53f3\u7684\u589e\u53d1\u6536\u76ca\u3002\u7136\u800c\uff0c\u968f\u7740 Eigenlayer \u628a Restaking \u8fd9\u4e2a\u6982\u5ff5\u5e26\u5230\u5708\u5185\uff0c\u4eba\u4eec\u5ffd\u7136\u610f\u8bc6\u5230\uff0c\u5982\u679c\u8bf4 Restaking \u5bf9\u4e8e ETH \u6765\u8bf4\u662f\u9526\u4e0a\u6dfb\u82b1\uff0c\u90a3\u5bf9\u4e8e BTC \u6765\u8bf4\uff0c\u65e0\u7591\u5c31\u662f\u96ea\u4e2d\u9001\u70ad\u3002<\/p>\n<p><\/p>\n<p>\u5f53\u7136\uff0c\u4f60\u65e0\u6cd5\u628a BTC \u76f4\u63a5\u6254\u53bb Eigenlayer\uff0c\u8fd9\u6839\u672c\u662f\u4e24\u6761\u4e0d\u540c\u7684\u94fe\u3002\u5728 BTC \u94fe\u4e0a\u5b8c\u5168\u590d\u523b\u4e00\u4e2a Eigenlayer \u4ece\u6280\u672f\u4e0a\u4e5f\u505a\u4e0d\u5230\uff0c\u6bd5\u7adf BTC \u8fde\u56fe\u7075\u5b8c\u5907\u7684\u667a\u80fd\u5408\u7ea6\u90fd\u6ca1\u6709\u3002\u90a3\u4e48\u6709\u6ca1\u6709\u53ef\u80fd\u628a Eigenlayer \u6700\u6838\u5fc3\u7684 Restaking for POS Security \u642c\u5230 BTC \u4e0a\u6765\u5b9e\u73b0\u5462\uff1f\u8fd9\u4fbf\u662f Babylon \u505a\u7684\u4e8b\u3002<\/p>\n<p><\/p>\n<p>\u7b80\u5355\u6765\u8bf4\uff0cBabylon \u5229\u7528\u73b0\u6709\u7684\u6bd4\u7279\u5e01\u811a\u672c\u548c\u5148\u8fdb\u7684\u5bc6\u7801\u5b66\uff0c\u6a21\u62df\u51fa\u4e86\u57fa\u4e8e\u6bd4\u7279\u5e01\u7684 Staking \u548c Slashing \u529f\u80fd\uff0c\u4e14\u6574\u4e2a\u8fc7\u7a0b\u4e0d\u7275\u626f\u6865\u6216\u7b2c\u4e09\u65b9 wrap \u7b49 EVM \u751f\u6001\u90a3\u8fb9\u5e38\u89c1\u7684\u5b89\u4e0e\u53bb\u4e2d\u5fc3\u5316\u4ea7\u751f\u5a01\u80c1\u7684\u540d\u8bcd\u3002\u56e0\u4e3a\u6bd4\u7279\u5e01\u7684\u811a\u672c\u5141\u8bb8\u300c\u65f6\u95f4\u9501\u300d\u8fd9\u4e2a\u6982\u5ff5\uff0c\u5373\u5141\u8bb8\u7528\u6237\u81ea\u5b9a\u4e49\u4e00\u4e2a\u9501\u5b9a\u671f\uff0c\u5728\u6b64\u671f\u95f4\uff0c\u8be5\u6bd4\u7279\u5e01\uff08UTXO\uff09\u65e0\u6cd5\u8f6c\u79fb\uff0c\u90a3\u4e48\u5176\u529f\u80fd\u6765\u8bf4\u4e0e POS \u94fe\u7684\u8d28\u62bc\u4fbf\u6709\u7740\u5f02\u66f2\u540c\u5de5\u4e4b\u5999\u4e86\u3002Babylon \u4fbf\u662f\u4f7f\u7528\u6b64\u529f\u80fd\uff0c\u8ba9\u53c2\u4e0e Staking \u7684 BTC \u5e76\u4e0d\u4f1a\u79bb\u5f00 BTC \u94fe\uff0c\u53ea\u662f\u901a\u8fc7\u65f6\u95f4\u9501\u6280\u672f\u9501\u5b9a\u5728 Bitcoin \u7684\u4e00\u4e2a\u300cStaking \u5730\u5740\u300d\u4e0a\u3002<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/e416894e9d59810f435cfe0f1620716a1732972224804.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 6\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source: Babylon\n   <\/p><\/blockquote>\n<p><\/p>\n<p>BTC \u901a\u8fc7\u811a\u672c\u9501\u4e0a\u4e86\uff0c\u90a3\u5047\u8bbe\u51fa\u4e86\u95ee\u9898\u9700\u8981 Slashing \u673a\u5236\uff0cBabylon \u5728\u6ca1\u6709\u5408\u7ea6\u7684\u60c5\u51b5\u4e0b\u662f\u5982\u4f55\u505a\u5230\u7684\u5462\uff1f<\/p>\n<p><\/p>\n<p>\u8fd9\u5c31\u8981\u8bf4\u5230 Babylon \u4f7f\u7528\u7684\u9ad8\u7ea7\u5bc6\u7801\u5b66\u6280\u672f &#8211; EOTS\uff08Extractable One-Time Signatures\uff09\uff0c\u5f53\u7b7e\u540d\u8005\u7528\u540c\u4e00\u4e2a\u79c1\u94a5\u540c\u65f6\u5bf9\u4e24\u4e2a\u4fe1\u606f\u8fdb\u884c\u7b7e\u540d\u65f6\uff0c\u79c1\u94a5\u5c06\u88ab\u81ea\u52a8\u66b4\u9732\u3002\u8fd9\u7b49\u4ef7\u4e8e POS \u94fe\u4e0a\u6700\u4e3a\u5e38\u89c1\u7684\u5b89\u5168\u6027\u7834\u574f\u5047\u8bbe-\u300c\u5728\u540c\u4e00\u4e2a\u533a\u5757\u9ad8\u5ea6\uff0c\u9a8c\u8bc1\u8005\u5bf9\u4e24\u4e2a\u4e0d\u540c\u7684\u533a\u5757\u8fdb\u884c\u7b7e\u7f72\u300d\u3002\u901a\u8fc7\u4f5c\u6076\u5c31\u66b4\u9732\u79c1\u94a5\u7684\u5f62\u5f0f\uff0cBabylon \u53d8\u76f8\u5b9e\u73b0\u4e86\u300c\u81ea\u52a8 Slashing\u300d\u7684\u4e00\u5957\u673a\u5236\u3002<\/p>\n<p><\/p>\n<p>\u901a\u8fc7\u300cRestaking\u300d\u6280\u672f\uff0cBabylon \u4e3b\u8981\u7528\u4e8e\u63d0\u5347 POS \u94fe\u7684\u5b89\u5168\u6027\u3002\u7136\u800c\uff0c\u5982\u679c\u60f3\u5b9e\u73b0\u5b8c\u6574\u7684 Eigenlayer \u6280\u672f\u6808\uff08\u6bd4\u5982\u7c7b\u4f3c EigenDA \u8fd9\u6837\u7684\u529f\u80fd\uff09\uff0c\u6216\u8005\u66f4\u52a0\u590d\u6742\u7684\u7f5a\u6ca1\uff08Slashing\uff09\u673a\u5236\uff0c\u8fd9\u8fd8\u9700\u8981 Babylon \u751f\u6001\u5185\u7684\u5176\u4ed6\u9879\u76ee\u534f\u540c\u5b8c\u6210\u3002<\/p>\n<p><\/p>\n<p>Babylon \u91c7\u7528\u4e86\u4e00\u79cd\u521b\u65b0\u65b9\u5f0f\uff1a\u901a\u8fc7\u81ea\u6258\u7ba1\u9501\u5b9a\u6bd4\u7279\u5e01\uff0c\u7ed3\u5408\u94fe\u4e0a\u7684\u8d28\u62bc\u548c\u7f5a\u6ca1\u529f\u80fd\uff0c\u9996\u6b21\u4e3a BTC \u6301\u6709\u8005\u63d0\u4f9b\u4e86\u4e00\u79cd\u65e0\u9700\u4fe1\u4efb\uff08Trustless\uff09\u7684\u6536\u76ca\u83b7\u53d6\u65b9\u5f0f\u3002\u5728\u6b64\u4e4b\u524d\uff0cBTC \u6301\u6709\u8005\u60f3\u8981\u8d5a\u53d6\u6536\u76ca\uff0c\u901a\u5e38\u53ea\u80fd\u4f9d\u8d56\u4e2d\u5fc3\u5316\u4ea4\u6613\u6240\uff08CEX\uff09\u7b49\u7406\u8d22\u5e73\u53f0\uff0c\u6216\u8005\u5c06 BTC \u8f6c\u6362\u4e3a WBTC \u53c2\u4e0e\u5230\u4ee5\u592a\u574a\u7684 DeFi \u751f\u6001\u4e2d\u3002\u8fd9\u4e9b\u65b9\u5f0f\u90fd\u79bb\u4e0d\u5f00\u5bf9\u4e2d\u5fc3\u5316\u5b89\u5168\u7684\u4fe1\u4efb\u5047\u8bbe\u3002<\/p>\n<p><\/p>\n<p>\u56e0\u6b64\uff0c\u5c3d\u7ba1 Babylon \u5bf9\u6807\u7684\u662f\u4ee5\u592a\u574a\u7684 Eigenlayer Restaking \u751f\u6001\uff0c\u4f46\u7531\u4e8e BTC \u5929\u7136\u7f3a\u4e4f Staking \u673a\u5236\uff0c\u6211\u4eec\u66f4\u503e\u5411\u4e8e\u5c06 Babylon \u89c6\u4e3a\u6784\u5efa BTC Staking \u751f\u6001\u7684\u91cd\u8981\u4e00\u73af\u3002<\/p>\n<p><\/p>\n<p>2.1.2 \u6bd4\u7279\u5e01\u751f\u606f\u5165\u53e3 Solv Protocol<\/p>\n<p><\/p>\n<p>\u8c08\u5230 Staking \u751f\u6001\u4f4d\uff0c\u4e0d\u5f97\u4e0d\u63d0\u5230\u53e6\u4e00\u4e2a\u9879\u76ee\u2014\u2014Solv Protocol\u3002Solv \u5e76\u4e0d\u662f Babylon \u7684\u76f4\u63a5\u7ade\u4e89\u5bf9\u624b\uff0c\u800c\u662f\u901a\u8fc7\u5f15\u5165\u8d28\u62bc\u62bd\u8c61\u5c42\u8fd9\u4e00\u6280\u672f\u67b6\u6784\uff0c\u80fd\u591f\u521b\u5efa\u591a\u79cd LST\uff08\u6d41\u52a8\u6027\u8d28\u62bc\u4ee3\u5e01\uff09\u4ea7\u54c1\u3002\u8fd9\u4e9b LST \u7684\u6536\u76ca\u6765\u6e90\u53ef\u4ee5\u975e\u5e38\u591a\u6837\u5316\uff0c\u4f8b\u5982\uff1a<\/p>\n<p><\/p>\n<p>\u00b7 \u6765\u81ea\u8d28\u62bc\u534f\u8bae\u7684\u8d28\u62bc\u6536\u76ca\uff08\u5982 Babylon\uff09\uff1b<\/p>\n<p>\u00b7 \u6765\u81ea POS \u7f51\u7edc\u8282\u70b9\u7684\u6536\u76ca\uff08\u5982 CoreDAO\u3001Stacks\uff09\uff1b<\/p>\n<p>\u00b7 \u6216\u8005\u6765\u81ea\u4ea4\u6613\u7b56\u7565\u7684\u6536\u76ca\uff08\u5982 Ethena\uff09\u3002<\/p>\n<p><\/p>\n<p>\u76ee\u524d\uff0cSolv \u5df2\u7ecf\u63a8\u51fa\u4e86\u591a\u79cd\u6210\u529f\u7684 LST \u4ea7\u54c1\uff0c\u5305\u62ec SolvBTC.BBN\uff08Babylon LST\uff09\u3001SolvBTC.ENA\uff08Ethena LST\uff09\u548c SolvBTC.CORE\uff08CoreDAO LST\uff09\uff0c\u90fd\u8868\u73b0\u51fa\u8272\u3002\u6839\u636e DeFiLlama \u6570\u636e\uff0c\u5f53\u524d SolvBTC \u7684 TVL\uff08\u603b\u9501\u4ed3\u91cf\uff09\u5728\u6bd4\u7279\u5e01\u4e3b\u7f51\u4e0a\u5df2\u7ecf\u8d85\u8fc7\u4e86\u95ea\u7535\u7f51\u7edc\uff0c\u4f4d\u5c45\u7b2c\u4e00\u3002<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/d0cb2582c7293a00d2da06370f0855b31732972224932.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 7\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source: Solv\n   <\/p><\/blockquote>\n<p><\/p>\n<p>\u5176\u751f\u606f\u65b9\u5f0f\u5305\u62ec\u4f46\u4e0d\u9650\u4e8e\u4ee5\u4e0b\u51e0\u79cd\uff1a<\/p>\n<p><\/p>\n<p>SolvBTC &#8211; \u53ef\u4ee5\u5728 6 \u6761\u94fe\u4e0a\u8fdb\u884c\u94f8\u9020\uff0c10 \u6761\u94fe\u4e0a\u5145\u5206\u6d41\u901a\uff0c\u63a5\u5165\u4e86 20 \u591a\u4e2a Defi \u534f\u8bae\u8d5a\u53d6\u6536\u76ca<\/p>\n<p><\/p>\n<p>\u00b7 SolvBTC.BBN &#8211; BTC \u53ef\u4ee5\u901a\u8fc7 Solv \u8fdb\u5165 Babylon \u8d5a\u53d6\u6536\u76ca<\/p>\n<p>\u00b7 SolvBTC.ENA &#8211; BTC \u53ef\u4ee5\u901a\u8fc7 Solv \u8fdb\u5165 Ethena \u8d5a\u53d6\u6536\u76ca<\/p>\n<p>\u00b7 SolvBTC.CORE &#8211; BTC \u53ef\u4ee5\u901a\u8fc7 Solv \u8fdb\u5165 Core \u8d5a\u53d6\u6536\u76ca<\/p>\n<p>\u00b7 SolvBTC.JUPITER \u7b49\u540e\u7eed\u51c0\u503c\u589e\u957f\u578b\u7684 yield-bearing \u8d44\u4ea7<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/aa59d08417b8f72d80caf35cb62bc74e1732972225043.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 8\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source: Solv\n   <\/p><\/blockquote>\n<p><\/p>\n<p>\u56e0\u6b64\uff0c\u4e0e\u5176\u5c06 Solv \u770b\u4f5c\u662f\u4e00\u4e2a BTC \u7684 Staking \u534f\u8bae\uff0c\u6211\u4eec\u66f4\u503e\u5411\u4e8e\u5c06\u5176\u5f62\u5bb9\u4e3a\u300cBTC \u4f59\u989d\u5b9d\u300d\u3002Solv \u63d0\u4f9b\u591a\u6837\u5316\u7684\u6536\u76ca\u6765\u6e90\uff0c\u65e0\u8bba\u662f\u8d28\u62bc\u6536\u76ca\u3001\u8282\u70b9\u6536\u76ca\uff0c\u8fd8\u662f\u4ea4\u6613\u7b56\u7565\u6536\u76ca\uff0c\u8ba9 BTC \u6301\u6709\u8005\u62e5\u6709\u66f4\u52a0\u7075\u6d3b\u7684\u6536\u76ca\u65b9\u5f0f\u3002<\/p>\n<p><\/p>\n<p>\u56e0\u6b64\uff0c\u4e0e\u5176\u5c06 Solv \u770b\u4f5c\u662f\u4e00\u4e2a BTC \u7684 Staking \u534f\u8bae\uff0c\u6211\u4eec\u66f4\u503e\u5411\u4e8e\u5c06\u5176\u5f62\u5bb9\u4e3a\u300cBTC \u4f59\u989d\u5b9d\u300d\u3002Solv \u63d0\u4f9b\u591a\u6837\u5316\u7684\u6536\u76ca\u6765\u6e90\uff0c\u65e0\u8bba\u662f\u8d28\u62bc\u6536\u76ca\u3001\u8282\u70b9\u6536\u76ca\uff0c\u8fd8\u662f\u4ea4\u6613\u7b56\u7565\u6536\u76ca\uff0c\u8ba9 BTC \u6301\u6709\u8005\u62e5\u6709\u66f4\u52a0\u7075\u6d3b\u7684\u6536\u76ca\u65b9\u5f0f\u3002<\/p>\n<p><\/p>\n<p>\u66f4\u503c\u5f97\u5173\u6ce8\u7684\u662f\uff0cSolv \u5f53\u524d\u5728\u6240\u6709 BTCFI \u534f\u8bae\u4e2d\u5c55\u73b0\u51fa\u4e86\u6700\u4e3a\u4eae\u773c\u7684\u6570\u636e\u8868\u73b0\uff1a<\/p>\n<p><\/p>\n<p><strong>1. \u8986\u76d6\u8303\u56f4\u5e7f\uff1a<\/strong>Solv \u76ee\u524d\u5df2\u5728 10 \u6761\u533a\u5757\u94fe\u5b9e\u73b0\u6d41\u901a\uff0c\u5e76\u63a5\u5165\u4e86 20 \u591a\u4e2a DeFi \u534f\u8bae\u3002<\/p>\n<p><\/p>\n<p><strong>2. \u521b\u65b0\u5408\u4f5c\uff1a<\/strong>\u4f8b\u5982 Solv \u4e0e Pendle \u7684\u5408\u4f5c\uff0c\u4e3a\u6bd4\u7279\u5e01\u7528\u6237\u63d0\u4f9b\u4e86\u63a5\u8fd1 10% \u7684\u56fa\u5b9a\u6536\u76ca APY\uff0c\u4e14 LP \u505a\u5e02\u6536\u76ca\u53ef\u8fbe 40%\u3002<\/p>\n<p><\/p>\n<p><strong>3. \u5e7f\u6cdb\u63a5\u53d7\u5ea6\uff1a<\/strong>SolvBTC \u7684\u6301\u6709\u8005\u6570\u91cf\u5df2\u7a81\u7834 20 \u4e07\uff0c\u603b\u5e02\u503c\u8d85\u8fc7 10 \u4ebf\u7f8e\u5143\u3002<\/p>\n<p><\/p>\n<p><strong>4. \u96c4\u539a\u50a8\u5907\uff1a<\/strong>SolvBTC \u7684\u6bd4\u7279\u5e01\u50a8\u5907\u91cf\u5df2\u8d85\u8fc7 20,000 \u679a\u3002<\/p>\n<p><\/p>\n<p>\u57fa\u4e8e\u8fd9\u4e9b\u6210\u5c31\uff0cSolv Protocol \u5728 BTCFI \u9886\u57df\u53d6\u5f97\u4e86\u9636\u6bb5\u6027\u7684\u9886\u5148\u5730\u4f4d\uff0c\u5e76\u6301\u7eed\u4e0d\u65ad\u5730\u8fdb\u884c\u4ea7\u54c1\u8fed\u4ee3\u3002\u4e0b\u4e00\u4e2a\u91cd\u70b9\u5c06\u653e\u5728\u63a8\u51fa\u66f4\u591a\u7c7b\u578b\u7684 LST \u4ea7\u54c1\u3002\u636e\u6089\uff0cSolv \u8ba1\u5212\u8054\u5408 Jupiter \u63a8\u51fa\u4e00\u6b3e\u540d\u4e3a SolvBTC.JUP \u7684\u65b0\u4ea7\u54c1\uff0c\u5c06 Perp DEX \u7684\u505a\u5e02\u6536\u76ca\u5f15\u5165 BTC LST \u4ea7\u54c1\uff0c\u8fdb\u4e00\u6b65\u62d3\u5c55 BTC Staking \u7684\u8fb9\u754c\u3002<\/p>\n<p><\/p>\n<p>\u4e0e\u6b64\u540c\u65f6\uff0cBabylon \u63d0\u4f9b\u4e86\u4e00\u4e2a Trustless \u7684\u673a\u5236\uff0c\u4f7f BTC \u6301\u6709\u8005\u80fd\u591f\u83b7\u5f97\u7c7b\u4f3c Staking \u7684\u6536\u76ca\u3002\u8fd9\u4e5f\u4e3a\u9879\u76ee\u4e89\u593a\u7c7b\u4f3c Lido \u7684\u751f\u6001\u4f4d\u94fa\u5e73\u4e86\u9053\u8def\uff0c\u5373\u6253\u9020\u7c7b\u4f3c stETH \u7684 LST \u6d41\u52a8\u6027\u8d44\u4ea7\u3002\u867d\u7136 Babylon \u5b9e\u73b0\u4e86\u6bd4\u7279\u5e01\u7684\u5b89\u5168\u9501\u5b9a\uff0c\u5e76\u63d0\u4f9b\u57fa\u7840\u6536\u76ca\uff0c\u4f46\u82e5\u8981\u8fdb\u4e00\u6b65\u91ca\u653e BTC \u7684\u6d41\u52a8\u6027\u548c\u63d0\u5347\u6536\u76ca\uff0c\u9501\u5b9a\u5728 Babylon \u4e0a\u7684 BTC \u53ef\u901a\u8fc7\u6743\u8bc1\u4ee3\u5e01\u7684\u5f62\u5f0f\uff0c\u53c2\u4e0e\u5230 EVM \u548c\u975e EVM \u751f\u6001\u7684 DeFi \u5e94\u7528\u4e2d\u3002\u5145\u5206\u5229\u7528\u533a\u5757\u94fe\u72ec\u6709\u7684\u53ef\u7ec4\u5408\u6027\u7279\u8d28\uff0c\u5c06\u6210\u4e3a LST \u751f\u6001\u4f4d\u5efa\u8bbe\u7684\u5173\u952e\uff0cSolvBTC.BBN \u5c31\u662f\u4e00\u4e2a\u6210\u529f\u7684\u6848\u4f8b\u3002<\/p>\n<p><\/p>\n<p>\u9664\u4e86 Solv\uff0c\u5e02\u573a\u4e0a\u8fd8\u6709\u5176\u4ed6\u91cd\u91cf\u7ea7\u9879\u76ee\u4e5f\u5728\u4e89\u593a LST \u751f\u6001\u4f4d\uff0c\u4f8b\u5982 Lombard \u548c Lorenzo\u3002\u8fd9\u4e9b LST \u9879\u76ee\u5728\u91ca\u653e BTC \u6d41\u52a8\u6027\u3001\u53c2\u4e0e DeFi \u6536\u76ca\u7b49\u6280\u672f\u65b9\u5411\u4e0a\u5927\u4f53\u4e00\u81f4\u3002<\/p>\n<p><\/p>\n<p>Solv \u7684\u6838\u5fc3\u4f18\u52bf\u5728\u4e8e\uff0c\u5176\u80fd\u591f\u4e3a\u6bd4\u7279\u5e01\u7528\u6237\u63d0\u4f9b\u66f4\u52a0\u4e30\u5bcc\u7684\u6536\u76ca\u7c7b\u578b\uff0c\u5305\u62ec\u518d\u8d28\u62bc\u6536\u76ca\u3001\u9a8c\u8bc1\u8282\u70b9\u6536\u76ca\u548c\u4ea4\u6613\u7b56\u7565\u6536\u76ca\u3002\u51ed\u501f\u8fd9\u79cd\u591a\u6837\u5316\u7684\u6536\u76ca\u6a21\u5f0f\uff0cSolv \u4e3a\u6bd4\u7279\u5e01\u7528\u6237\u63d0\u4f9b\u4e86\u66f4\u52a0\u7075\u6d3b\u548c\u591a\u5143\u7684\u9009\u62e9\u3002<\/p>\n<p><\/p>\n<p>2.1.3 Move \u751f\u6001\u7684 BTCHub: Echo protocol<\/p>\n<p><\/p>\n<p>Echo \u662f Move \u751f\u6001\u7684 BTCFi \u4e2d\u5fc3\uff0c\u4e3a Move \u751f\u6001\u7684\u6bd4\u7279\u5e01\u63d0\u4f9b\u4e00\u7ad9\u5f0f\u7684\u91d1\u878d\u89e3\u51b3\u65b9\u6848\uff0c\u8ba9 BTC \u80fd\u591f\u4e0e Move \u751f\u6001\u7cfb\u7edf\u65e0\u7f1d\u4e92\u64cd\u4f5c\u3002<\/p>\n<p><\/p>\n<p>Echo \u7387\u5148\u5c06 BTC \u6d41\u52a8\u6027\u8d28\u62bc\u3001\u91cd\u65b0\u8d28\u62bc\u548c\u6536\u76ca\u57fa\u7840\u8bbe\u65bd\u5f15\u5165 Move \u751f\u6001\uff0c\u4e3a Move \u751f\u6001\u5f15\u5165\u65b0\u7684\u6d41\u52a8\u6027\u8d44\u4ea7\u7c7b\u522b\u3002\u901a\u8fc7\u4e0e\u6bd4\u7279\u5e01\u751f\u6001\u5408\u4f5c\uff0cEcho \u65e0\u7f1d\u96c6\u6210\u4e86\u5305\u62ec Babylon \u5728\u5185\u7684\u6240\u6709\u539f\u751f BTC2 \u5c42\u89e3\u51b3\u65b9\u6848\uff0c\u5e76\u652f\u6301\u5404\u79cd BTC \u6d41\u52a8\u6027\u8d28\u62bc\u4ee3\u5e01\uff0c\u8fd9\u4f7f\u5f97 Echo \u6210\u4e3a\u5438\u5f15\u65b0\u8d44\u672c\u8fdb\u5165 Move DeFi \u751f\u6001\u7684\u5173\u952e\u5165\u53e3\u3002<\/p>\n<p><\/p>\n<p>Echo \u7684\u65d7\u8230\u4ea7\u54c1 aBTC \u662f\u4e00\u79cd\u8de8\u94fe\u6d41\u52a8\u6027\u6bd4\u7279\u5e01\u4ee3\u5e01\uff0c\u7531 BTC \u4ee5 1:1 \u7684\u6bd4\u4f8b\u652f\u6301\u3002\u8fd9\u9879\u521b\u65b0\u4fc3\u8fdb\u4e86\u6bd4\u7279\u5e01\u7684 DeFi \u4e92\u64cd\u4f5c\u6027\uff0c\u4f7f\u7528\u6237\u80fd\u591f\u5728 Aptos \u7b49\u751f\u6001\u7cfb\u7edf\u4e2d\u83b7\u5f97\u5b9e\u9645\u6536\u76ca\uff0c\u5e76\u4e14 aBTC \u5c06\u5728\u6574\u4e2a Aptos DeFi \u7f51\u7edc\u4e2d\u5f97\u5230\u5168\u9762\u652f\u6301\u3002<\/p>\n<p><\/p>\n<p>Echo \u9996\u6b21\u901a\u8fc7\u521b\u65b0\u4ea7\u54c1 eAPT \u5c06\u91cd\u65b0\u8d28\u62bc\u5f15\u5165 Move \u751f\u6001\u7cfb\u7edf\u3002\u8fd9\u5c06\u4f7f\u91cd\u65b0\u8d28\u62bc\u80fd\u591f\u4fdd\u62a4 MoveVM \u94fe\u6216\u4efb\u4f55\u5f00\u53d1\u81ea\u5df1\u7684\u533a\u5757\u94fe\u7684\u9879\u76ee\uff0c\u4ece\u800c\u4f7f\u5b83\u4eec\u80fd\u591f\u4f9d\u9760 Aptos \u8fdb\u884c\u5b89\u5168\u548c\u9a8c\u8bc1\u3002<\/p>\n<p><\/p>\n<p>\u56e0\u6b64 Echo \u5c06\u6210\u4e3a Move \u751f\u6001\u7684 BTChub\uff0c\u4e3a move \u751f\u6001\u63d0\u4f9b 4 \u4e2a\u56f4\u7ed5\u6bd4\u7279\u5e01\u7684\u4ea7\u54c1\uff1a<\/p>\n<p><\/p>\n<p>\u00b7 \u6865\uff1a\u53ef\u4ee5\u5c06 BTC L2 \u7684\u8d44\u4ea7\u6865\u63a5\u5230 Echo\uff0c\u4f7f\u5f97 Move \u751f\u6001\u4e0e BTC L2 \u4e92\u64cd\u4f5c\uff1b<\/p>\n<p><\/p>\n<p>\u00b7 \u6d41\u52a8\u6027\u8d28\u62bc\uff1a\u8d28\u62bc BTC \u5728 Echo \u4e0a\uff0c\u4ee5\u8d5a\u53d6 Echo \u79ef\u5206\uff1b<\/p>\n<p><\/p>\n<p>\u00b7 \u518d\u8d28\u62bc\uff1a\u5408\u6210 Move \u751f\u6001\u7684 LRT \u4ee3\u5e01 aBTC\uff0c\u4f7f\u5f97\u6bd4\u7279\u5e01\u53ef\u4ee5\u5728 Move \u751f\u6001\u4e92\u64cd\u4f5c\uff0c\u4e14\u83b7\u5f97\u591a\u5c42\u53e0\u52a0\u6536\u76ca\uff1b<\/p>\n<p><\/p>\n<p>\u00b7 \u501f\u8d37\uff1a\u5b58\u5165 APT\u3001uBTC \u548c aBTC\uff0c\u63d0\u4f9b\u8d28\u62bc\u501f\u8d37\u670d\u52a1\uff0c\u501f\u8d37\u4e1a\u52a1\u7684\u5229\u6da6\u5206\u4eab\u7ed9\u7528\u6237\u83b7\u5f97\u63a5\u8fd1 10% \u7684 APT \u6536\u76ca\u3002<\/p>\n<p><\/p>\n<p>2.1.4\u300c\u534a\u4e2d\u5fc3\u5316\u4e5f\u8bb8\u662f\u6700\u4f18\u89e3\u300d\u7684 Lombard<\/p>\n<p><\/p>\n<p>Lombard \u7684\u6838\u5fc3\u7279\u70b9\u5728\u4e8e\u5176 LBTC \u8d44\u4ea7\u5728\u5b89\u5168\u6027\u4e0e\u7075\u6d3b\u6027\u4e0a\u7684\u5e73\u8861\u3002\u4e00\u822c\u6765\u8bf4\uff0c\u7edd\u5bf9\u7684\u53bb\u4e2d\u5fc3\u5316\u867d\u7136\u80fd\u5e26\u6765\u66f4\u9ad8\u7684\u5b89\u5168\u6027\uff0c\u4f46\u901a\u5e38\u4f1a\u5728\u7075\u6d3b\u6027\u4e0a\u505a\u51fa\u8f83\u5927\u727a\u7272\u3002\u4f8b\u5982\uff0cRenBTC \u548c TBTC \u7684\u5e02\u503c\u4e0e WBTC \u7684\u5de8\u5927\u5dee\u8ddd\uff0c\u6b63\u662f\u8fd9\u79cd\u6743\u8861\u7684\u5178\u578b\u6848\u4f8b\u3002\u800c\u5b8c\u5168\u4e2d\u5fc3\u5316\u7684\u7ba1\u7406\u867d\u7136\u80fd\u591f\u63d0\u4f9b\u6700\u5927\u7684\u7075\u6d3b\u6027\uff0c\u4f46\u7531\u4e8e\u9700\u8981\u57fa\u4e8e\u4fe1\u4efb\u7684\u5047\u8bbe\u4ee5\u53ca\u6f5c\u5728\u7684\u5b89\u5168\u9690\u60a3\uff0c\u5176\u53d1\u5c55\u5929\u82b1\u677f\u76f8\u5bf9\u6709\u9650\u3002\u8fd9\u4e5f\u662f\u4e3a\u4ec0\u4e48 WBTC \u7684\u5e02\u503c\u5360\u6bd4\u5728 BTC \u603b\u5e02\u503c\u4e2d\u59cb\u7ec8\u8f83\u4f4e\u7684\u539f\u56e0\u4e4b\u4e00\u3002<\/p>\n<p><\/p>\n<p>Lombard \u5de7\u5999\u5730\u5728\u5b89\u5168\u6027\u4e0e\u7075\u6d3b\u6027\u4e4b\u95f4\u627e\u5230\u4e86\u4e00\u79cd\u5e73\u8861\u65b9\u6848\u3002\u5728\u4fdd\u6301\u76f8\u5bf9\u5b89\u5168\u7684\u524d\u63d0\u4e0b\uff0c\u5c3d\u53ef\u80fd\u5730\u91ca\u653e\u4e86\u5176 LBTC \u7684\u7075\u6d3b\u6027\uff0c\u4ece\u800c\u4e3a BTC \u6d41\u52a8\u6027\u8d44\u4ea7\u5f00\u8f9f\u4e86\u65b0\u7684\u53d1\u5c55\u7a7a\u95f4\u3002<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/08af8ea7bbb158bd13f58cb8213aa48a1732972225156.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 9\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source: Lombard\n   <\/p><\/blockquote>\n<p><\/p>\n<p>\u76f8\u6bd4\u4f20\u7edf\u7684\u591a\u7b7e\u98ce\u683c Mint\/Burn \u6a21\u5f0f\uff0cLombard \u5f15\u5165\u4e86\u66f4\u5177\u5b89\u5168\u4fdd\u969c\u7684\u300cConsortium \u5b89\u5168\u8054\u76df\u300d\u6982\u5ff5\u3002\u8fd9\u4e00\u6982\u5ff5\u6700\u65e9\u51fa\u73b0\u4e8e\u65e9\u671f\u7684\u8054\u76df\u94fe\u4e2d\uff0c\u4e0e\u5f53\u524d\u8bb8\u591a DeFi \u9879\u76ee\uff0c\u5c24\u5176\u662f\u8de8\u94fe\u6865\u9879\u76ee\u4e2d\u7531\u9879\u76ee\u65b9\u638c\u63a7\u7684\u591a\u7b7e\u8282\u70b9\u4e0d\u540c\uff0cLombard \u7684\u5b89\u5168\u8054\u76df\u7531\u4fe1\u8a89\u6781\u9ad8\u7684\u8282\u70b9\u7ec4\u6210\uff0c\u5305\u62ec\u9879\u76ee\u65b9\u3001\u77e5\u540d\u673a\u6784\u3001\u505a\u5e02\u5546\u3001\u6295\u8d44\u65b9\u548c\u4ea4\u6613\u6240\u7b49\uff0c\u8282\u70b9\u4e4b\u95f4\u901a\u8fc7 Raft \u7b97\u6cd5\u8fbe\u6210\u5171\u8bc6\u3002<\/p>\n<p><\/p>\n<p>\u8fd9\u79cd\u673a\u5236\u867d\u7136\u4e0d\u80fd\u5b8c\u5168\u79f0\u4e4b\u4e3a\u300c100% \u53bb\u4e2d\u5fc3\u5316\u300d\uff0c\u4f46\u5176\u5b89\u5168\u6027\u8fdc\u9ad8\u4e8e\u4f20\u7edf\u7684\u591a\u7b7e\u6a21\u5f0f\uff0c\u540c\u65f6\u4fdd\u7559\u4e86\u591a\u7b7e 2\/3 \u6570\u636e\u516c\u8bc1\u7684\u5168\u94fe\u6d41\u901a\u3001\u7075\u6d3b\u94f8\u9020\u548c\u8d4e\u56de\u7684\u7279\u6027\u3002\u6b64\u5916\uff0c\u5b8c\u5168\u53bb\u4e2d\u5fc3\u5316\u5e76\u4e0d\u4e00\u5b9a\u7b49\u540c\u4e8e\u7edd\u5bf9\u5b89\u5168\u3002\u4f8b\u5982\uff0c\u65e0\u8bba\u662f POW \u8fd8\u662f POS\uff0c\u5176\u653b\u51fb\u6210\u672c\u548c\u5b89\u5168\u6a21\u578b\u90fd\u53ef\u4ee5\u6839\u636e\u673a\u5236\u8bbe\u8ba1\u548c\u5e02\u503c\u8fdb\u884c\u8ba1\u7b97\u3002\u9664\u4e86 BTC\u3001ETH \u548c Solana \u7b49\u9ad8\u5e02\u503c\u516c\u94fe\uff0c\u7edd\u5927\u591a\u6570\u53bb\u4e2d\u5fc3\u5316\u9879\u76ee\u5728\u5b89\u5168\u6027\u65b9\u9762\u53ef\u80fd\u8fd8\u4e0d\u5982 Lombard \u7684\u300c\u5b89\u5168\u8054\u76df\u300d\u6a21\u5f0f\u3002\u901a\u8fc7\u8fd9\u79cd\u8bbe\u8ba1\uff0cLombard \u5b9e\u73b0\u4e86\u5b89\u5168\u4e0e\u7075\u6d3b\u6027\u7684\u517c\u987e\uff0c\u4e3a\u7528\u6237\u63d0\u4f9b\u4e86\u4e00\u79cd\u53ef\u4fe1\u4e14\u9ad8\u6548\u7684 BTC \u6d41\u52a8\u6027\u89e3\u51b3\u65b9\u6848\u3002<\/p>\n<p><\/p>\n<p>\u9664\u4e86\u5b89\u5168\u8054\u76df\u7684\u8bbe\u8ba1\u4e4b\u5916\uff0cLombard \u8fd8\u4f7f\u7528\u4e86 CubeSigner\uff0c\u4e00\u4e2a\u786c\u4ef6\u652f\u6301\u7684\u975e\u6258\u7ba1\u5bc6\u94a5\u7ba1\u7406\u5e73\u53f0\u3002\u5728\u9632\u6b62\u5bc6\u94a5\u88ab\u76d7\uff0c\u51cf\u8f7b\u8fdd\u89c4\u3001\u9ed1\u5ba2\u548c\u5185\u90e8\u5a01\u80c1\uff0c\u9632\u6b62\u5bc6\u94a5\u6ee5\u7528\u7b49\u5404\u4e2a\u65b9\u9762\u90fd\u6709\u4e25\u683c\u7684\u7b56\u7565\u9650\u5236\uff0c\u4e3a LBTC \u7684\u5b89\u5168\u518d\u52a0\u4e0a\u4e86\u4e00\u9053\u9501\u3002<\/p>\n<p><\/p>\n<p>\u800c Polychain \u9886\u6295\u7684 1600 \u4e07\u7f8e\u5143\u79cd\u5b50\u8f6e\u878d\u8d44\uff0c\u4e5f\u65e0\u7591\u5ba3\u544a\u4e86 Lombard \u5728\u5708\u5185\u7684\u8d44\u6e90\u4e30\u5bcc\u7a0b\u5ea6\uff0c\u8fd9\u5bf9\u4e8e\u5176 Consortium \u7684\u8282\u70b9\u4fe1\u8a89\uff0c\u4ee5\u53ca\u540e\u7eed\u7684 Defi \u548c\u5176\u4ed6\u516c\u94fe\u9879\u76ee\u5bf9\u63a5\u90fd\u6709\u7740\u83ab\u5927\u7684\u5e2e\u52a9\u3002LBTC \u5fc5\u7136\u4f1a\u662f WBTC \u6700\u6709\u529b\u7684\u7ade\u4e89\u8005\u4e4b\u4e00\u3002<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/94d4a0d9531e4fe5bb4fa03a4540bc661732972225313.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 10\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source: Lombard\n   <\/p><\/blockquote>\n<p><\/p>\n<p>2.1.5\u300c\u81ea\u5e26 Pendle\u300d\u7684 Lorenzo<\/p>\n<p><\/p>\n<p>\u76f8\u6bd4\u4e8e Lombard \u5728\u8d44\u4ea7\u5b89\u5168\u6027\u4e0a\u7684\u72ec\u7279\u4f18\u52bf\uff0cLorenzo \u4f5c\u4e3a Binance \u6295\u8d44\u7684 Babylon LST \u5165\u53e3\uff0c\u4e5f\u5c55\u73b0\u51fa\u6781\u5177\u5438\u5f15\u529b\u7684\u7279\u70b9\u3002<\/p>\n<p><\/p>\n<p>\u5f53\u524d\u8fd9\u4e00\u8f6e DeFi \u521b\u65b0\u4e2d\uff0c\u4f20\u7edf\u7684 DEX \u548c\u501f\u8d37\u534f\u8bae\u5927\u591a\u4ecd\u7136\u5ef6\u7eed\u4e86 DeFi Summer \u7684\u60ef\u6027\uff0c\u6216\u5728\u300c\u5403\u8001\u672c\u300d\u3002\u7a33\u5b9a\u5e01\u8d5b\u9053\u5728 Terra \u5d29\u76d8\u540e\uff0c\u9664\u4e86 Ethena \u52c9\u5f3a\u7b97\u5f97\u4e0a\u662f\u76f8\u5bf9\u521b\u65b0\uff0c\u5176\u4f59\u521b\u65b0\u663e\u5f97\u4e4f\u5584\u53ef\u9648\u3002\u800c\u552f\u4e00\u503c\u5f97\u5173\u6ce8\u7684\u8d5b\u9053\u5219\u662f LST\uff08\u6d41\u52a8\u6027\u8d28\u62bc\u4ee3\u5e01\uff09\u548c LRT\uff08\u6d41\u52a8\u6027\u518d\u8d28\u62bc\u4ee3\u5e01\uff09\uff0c\u8fd9\u5f97\u76ca\u4e8e\u4ee5\u592a\u574a\u5411 POS \u8f6c\u578b\u6240\u5e26\u6765\u7684 LST \u6548\u5e94\uff0c\u4ee5\u53ca Eigenlayer Restaking \u6240\u6fc0\u53d1\u7684\u6760\u6746\u6548\u5e94\u3002<\/p>\n<p><\/p>\n<p>\u5728\u8fd9\u4e00\u8d5b\u9053\u4e2d\uff0c\u6700\u5927\u7684\u8d62\u5bb6\u65e0\u7591\u662f Pendle\u3002\u53ef\u4ee5\u6beb\u4e0d\u5938\u5f20\u5730\u8bf4\uff0c\u4ee5\u592a\u574a\u751f\u6001\u4e2d\u7edd\u5927\u591a\u6570\u7684\u6536\u76ca\u751f\u606f\u8d44\u4ea7\u6700\u7ec8\u90fd\u6d41\u5411\u4e86 Pendle\u3002\u672c\u606f\u5206\u79bb\u7684\u8bbe\u8ba1\u4e3a DeFi \u5e26\u6765\u4e86\u5168\u65b0\u7684\u73a9\u6cd5\uff1a\u5e0c\u671b\u63a7\u5236\u98ce\u9669\u7684\u7528\u6237\u53ef\u4ee5\u901a\u8fc7 Pendle \u83b7\u5f97\u5b8c\u5584\u7684\u5bf9\u51b2\u673a\u5236\uff0c\u800c\u8ffd\u6c42\u66f4\u9ad8\u6536\u76ca\u7684\u6fc0\u8fdb\u73a9\u5bb6\u5219\u53ef\u4ee5\u901a\u8fc7\u53d8\u76f8\u52a0\u6760\u6746\u6765\u63d0\u5347\u6536\u76ca\u3002<\/p>\n<p><\/p>\n<p>Lorenzo \u663e\u7136\u5e0c\u671b\u5728\u8fd9\u4e00\u8d5b\u9053\u4e2d\u96c6\u5927\u6210\u4e8e\u4e00\u4f53\u3002\u5728 Babylon \u5f00\u542f\u8d28\u62bc\u529f\u80fd\u540e\uff0c\u5176 LST \u4ea7\u54c1\u5177\u5907\u4e86\u4e0e stETH\u3001Renzo\u3001EtherFI \u7b49 LRT \u8d44\u4ea7\u7c7b\u4f3c\u7684\u672c\u606f\u5206\u79bb\u64cd\u4f5c\u6027\u3002Lorenzo \u7684 LST \u4ea7\u54c1\u53ef\u4ee5\u88ab\u62c6\u5206\u4e3a\u4e24\u79cd\u4ee3\u5e01\uff1a\u6d41\u52a8\u6027\u672c\u91d1\u4ee3\u5e01 LPT\uff08stBTC\uff09\u548c\u6536\u76ca\u7d2f\u79ef\u4ee3\u5e01 YAT\u3002\u4e24\u79cd\u4ee3\u5e01\u5747\u53ef\u81ea\u7531\u8f6c\u8ba9\u548c\u4ea4\u6613\uff0c\u6301\u6709\u8005\u53ef\u4ee5\u5206\u522b\u5229\u7528\u5b83\u4eec\u83b7\u53d6\u6536\u76ca\u6216\u63d0\u53d6\u8d28\u62bc\u7684 BTC\u3002\u8fd9\u79cd\u8bbe\u8ba1\u4e0d\u4ec5\u63d0\u5347\u4e86\u8d44\u4ea7\u7684\u7075\u6d3b\u6027\uff0c\u8fd8\u4e3a\u7528\u6237\u63d0\u4f9b\u4e86\u66f4\u591a\u7684\u6295\u8d44\u9009\u62e9\u3002<\/p>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/fd49af6996b177df44d06bb16dcf633e1732972225453.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 11\"><\/p>\n<blockquote style=\"text-align:center\"><p>\n     Source: Lorenzo\n   <\/p><\/blockquote>\n<p><\/p>\n<p>\u901a\u8fc7\u8fd9\u79cd\u8bbe\u8ba1\uff0cLorenzo \u89e3\u9501\u4e86\u57fa\u4e8e Babylon \u8d28\u62bc BTC \u53c2\u4e0e DeFi \u7684\u66f4\u591a\u53ef\u80fd\u6027\u3002\u4f8b\u5982\uff0cLPT \u548c YAT \u53ef\u5206\u522b\u4e0e ETH\u3001BNB \u53ca USD \u7a33\u5b9a\u5e01\u5efa\u7acb\u4ea4\u6613\u5bf9\uff0c\u4e3a\u4e0d\u540c\u7c7b\u578b\u7684\u6295\u8d44\u8005\u63d0\u4f9b\u5957\u5229\u4e0e\u6295\u8d44\u673a\u4f1a\u3002\u6b64\u5916\uff0cLorenzo \u8fd8\u80fd\u591f\u652f\u6301\u56f4\u7ed5 LPT \u548c YAT \u7684\u501f\u8d37\u534f\u8bae\uff0c\u4ee5\u53ca\u7ed3\u6784\u5316\u7684\u6bd4\u7279\u5e01\u6536\u76ca\u4ea7\u54c1\uff08\u4f8b\u5982 BTC \u7684\u56fa\u5b9a\u6536\u76ca\u7c7b\u7406\u8d22\u4ea7\u54c1\uff09\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u5f53\u524d Pendle \u4e0a\u7684\u7edd\u5927\u591a\u6570\u521b\u65b0\u73a9\u6cd5\uff0cLorenzo \u90fd\u80fd\u591f\u501f\u9274\u5e76\u5b9e\u73b0\u3002<\/p>\n<p><\/p>\n<p>\u4f5c\u4e3a Binance \u4eb2\u81ea\u4e0b\u573a\u62bc\u6ce8\u7684\u5c11\u6570\u6bd4\u7279\u5e01\u751f\u6001\u9879\u76ee\u4e4b\u4e00\uff0c\u4ee5\u53ca\u5f53\u524d BTCFI \u8d5b\u9053\u4e2d\u552f\u4e00\u81ea\u5e26\u300cPendle\u300d\u5c5e\u6027\u7684 LST \u9879\u76ee\uff0cLorenzo \u65e0\u7591\u503c\u5f97\u5e02\u573a\u7684\u91cd\u70b9\u5173\u6ce8\u3002\u8fd9\u4e00\u9879\u76ee\u4e0d\u4ec5\u62d3\u5c55\u4e86 BTC \u6d41\u52a8\u6027\u7684\u8fb9\u754c\uff0c\u8fd8\u4e3a DeFi \u751f\u6001\u5f15\u5165\u4e86\u66f4\u52a0\u7075\u6d3b\u7684\u6536\u76ca\u7ba1\u7406\u4e0e\u6295\u8d44\u65b9\u5f0f\uff0c\u4e3a\u6295\u8d44\u8005\u63d0\u4f9b\u4e86\u66f4\u591a\u5143\u5316\u7684\u9009\u62e9\u3002<\/p>\n<p><\/p>\n<p>2.1.6 \u4e3a BTCFi \u800c\u751f\u7684\u94fe Corn<\/p>\n<p><\/p>\n<p>Corn \u662f\u9996\u4e2a\u7528\u6bd4\u7279\u5e01\u5f53 Gas \u7684\u4ee5\u592a\u574a L2 \u6848, \u65e8\u5728\u4e3a\u7528\u6237\u63d0\u4f9b\u591a\u79cd\u91d1\u878d\u670d\u52a1, \u5305\u62ec\u501f\u8d37\u3001\u6d41\u52a8\u6027\u6316\u6398\u548c\u8d44\u4ea7\u7ba1\u7406\u3002\u8be5\u94fe\u5b8c\u5168\u56f4\u7ed5\u7740\u6bd4\u7279\u5e01\u7684\u91d1\u878d\u9700\u6c42\u800c\u751f\uff0c\u5176\u72ec\u7279\u4e4b\u5904\u5728\u4e8e\u5b83\u5c06\u6bd4\u7279\u5e01\uff08BTC\uff09\u6620\u5c04\u4e3a\u7f51\u7edc\u7684\u539f\u751f Gas \u4ee3\u5e01 BTCN, \u4f7f\u5f97\u6bd4\u7279\u5e01\u80fd\u591f\u5728\u4ee5\u592a\u574a\u751f\u6001\u7cfb\u7edf\u4e2d\u88ab\u66f4\u5e7f\u6cdb\u5730\u4f7f\u7528\u3002<\/p>\n<p><\/p>\n<p><strong>\u6838\u5fc3\u7279\u70b9\uff1a<\/strong><\/p>\n<p><\/p>\n<p><strong>BTCN \u4ee3\u5e01:<\/strong><\/p>\n<p><\/p>\n<p>Corn \u5f15\u5165\u4e86 BTCN \u4ee3\u5e01\uff0c\u4f5c\u4e3a\u5728 Corn \u7f51\u7edc\u4e0a\u8fdb\u884c\u4ea4\u6613\u7684 Gas \u8d39\u7528\u3002BTCN \u53ef\u4ee5\u88ab\u89c6\u4e3a ERC-20 \u683c\u5f0f\u7684\u6bd4\u7279\u5e01\u6620\u5c04\uff0c\u7c7b\u4f3c\u4e8e wBTC\uff0c\u4f46\u5728\u6280\u672f\u5b9e\u73b0\u4e0a\u6709\u6240\u4e0d\u540c\u3002\u4f7f\u7528 BTCN \u4f5c\u4e3a Gas \u7684\u597d\u5904\u5305\u62ec\u964d\u4f4e\u4ea4\u6613\u6210\u672c\u3001\u63d0\u9ad8\u6bd4\u7279\u5e01\u7684\u4f7f\u7528\u6548\u7387\uff0c\u5e76\u4e3a\u6bd4\u7279\u5e01\u521b\u9020\u65b0\u7684\u4ef7\u503c\u6355\u83b7\u673a\u4f1a\u3002<\/p>\n<p><\/p>\n<p><strong>\u751f\u6001\u7cfb\u7edf\u300cCrop Circle\u300d\uff1a<\/strong><\/p>\n<p><\/p>\n<p>Corn \u63d0\u51fa\u4e86\u4e00\u4e2a\u540d\u4e3a\u300cCrop Circle\u300d\u7684\u751f\u6001\u7cfb\u7edf\u6982\u5ff5\uff0c\u65e8\u5728\u901a\u8fc7\u591a\u79cd\u65b9\u5f0f\u5faa\u73af\u5229\u7528\u6bd4\u7279\u5e01\u7684\u4ef7\u503c\uff0c\u4ece\u800c\u4ea7\u751f\u989d\u5916\u6536\u76ca\u3002\u7528\u6237\u53ef\u4ee5\u8d28\u62bc BTCN \u83b7\u5f97\u7f51\u7edc\u6536\u76ca\uff0c\u53c2\u4e0e\u6d41\u52a8\u6027\u6316\u77ff\uff0c\u501f\u8d37\uff0c\u5f00\u53d1\u57fa\u4e8e BTCN \u7684\u884d\u751f\u54c1\u5e02\u573a\u7b49\u3002<\/p>\n<p><\/p>\n<p><strong>\u4ee3\u5e01\u7ecf\u6d4e\u6a21\u578b:<\/strong><\/p>\n<p><\/p>\n<p>\u5f15\u5165$CORN \u548c$popCORN\u3002$CORN \u4f5c\u4e3a\u57fa\u7840\u4ee3\u5e01\uff0c\u7528\u6237\u53ef\u4ee5\u901a\u8fc7\u8d28\u62bc BTCN \u6216\u53c2\u4e0e\u6d41\u52a8\u6027\u63d0\u4f9b\u83b7\u5f97\uff1b$popCORN \u5219\u662f\u901a\u8fc7\u9501\u5b9a$CORN \u83b7\u5f97\u7684\u6cbb\u7406\u4ee3\u5e01\uff0c\u8d4b\u4e88\u7528\u6237\u53c2\u4e0e\u6cbb\u7406\u548c\u83b7\u5f97\u989d\u5916\u5956\u52b1\u7684\u6743\u5229\u3002\u8fd9\u79cd\u6a21\u578b\u9f13\u52b1\u7528\u6237\u957f\u671f\u6301\u6709\u4ee3\u5e01\uff0c\u5e76\u901a\u8fc7\u52a8\u6001\u6743\u91cd\u548c\u9501\u5b9a\u673a\u5236\u589e\u5f3a\u793e\u533a\u53c2\u4e0e\u611f\u3002<\/p>\n<p><\/p>\n<p>Corn \u901a\u8fc7\u5c06\u6bd4\u7279\u5e01\u5f15\u5165\u4ee5\u592a\u574a\u751f\u6001\u7cfb\u7edf\uff0c\u63d0\u4f9b\u4e86\u4e00\u4e2a\u521b\u65b0\u7684 L2 \u89e3\u51b3\u65b9\u6848\uff0c\u65e8\u5728\u4e3a\u6bd4\u7279\u5e01\u6301\u6709\u8005\u521b\u9020\u66f4\u591a\u7684\u6536\u76ca\u673a\u4f1a\u3002<\/p>\n<p><\/p>\n<h2>2.2. \u7a7a\u95f4\uff1a\u63d0\u5347\u6bd4\u7279\u5e01\u7684\u6d41\u52a8\u6027<\/h2>\n<p><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/img.bitgetimg.com\/multiLang\/image\/social\/20ab8203cfd03a1308d6f9617f9a1a421732972225594.jpeg\" alt=\"\u6bd4\u7279\u5e012\u4e07\u4ebf\u7f8e\u5143\u9633\u8c0b\uff1a\u62d3\u5c55\u65f6\u95f4\u548c\u7a7a\u95f4\u7684\u8fb9\u754c image 12\"><\/p>\n<p><\/p>\n<p>2.2.1 \u6258\u7ba1\u5e73\u53f0 Antalpha\u3001Cobo\u3001Sinohope<\/p>\n<p><\/p>\n<p>\u867d\u8bf4\u53bb\u4e2d\u5fc3\u5316\u662f\u5708\u5185\u7684\u7edd\u5bf9\u300c\u653f\u6cbb\u6b63\u786e\u300d\uff0c\u4f46\u5982\u679c\u5254\u9664\u6389 FTX \u66b4\u96f7\u8fd9\u4e2a\u9ed1\u5929\u9e45\u4e8b\u4ef6\uff0c\u5708\u5185\u5934\u90e8\u7684\u4e2d\u5fc3\u5316\u4ea4\u6613\/\u6258\u7ba1\/\u91d1\u878d\u670d\u52a1\u5e73\u53f0\u4f46\u5c31\u8d44\u91d1\u5b89\u5168\u8fd9\u4e2a\u5c42\u9762\u6765\u8bb2\uff0c\u5176\u5b9e\u6bd4\u7edd\u5927\u591a\u6570\u7684\u53bb\u4e2d\u5fc3\u5316\u5e73\u53f0\u8868\u73b0\u8981\u597d\u591a\u7684\u591a\uff0c\u6bcf\u5e74\u975e\u6258\u7ba1\u94b1\u5305\/Defi \u534f\u8bae\u88ab\u9ed1\u9020\u6210\u7684\u635f\u5931\u8981\u8d85\u8fc7\u4e2d\u5fc3\u5316\u6258\u7ba1\u5e73\u53f0\u4e00\u4e2a\u6570\u91cf\u7ea7\u3002<\/p>\n<p><\/p>\n<p>\u4e8e\u662f\u4e4e\u5934\u90e8\u7684\u6bd4\u7279\u5e01\u6258\u7ba1\u4e0e\u91d1\u878d\u670d\u52a1\u5e73\u53f0\u5728\u91ca\u653e\u6bd4\u7279\u5e01\u6d41\u52a8\u6027\uff0c\u8d4b\u4e88\u6bd4\u7279\u5e01\u8de8\u65f6\u95f4\u6216\u7a7a\u95f4\u4e0a\u7684\u8c03\u914d\u529f\u80fd\u4e0a\u4e5f\u8d77\u7740\u5f53\u4ec1\u4e0d\u8ba9\u7684\u4f5c\u7528\u3002<\/p>\n<p><\/p>\n<p>\u62ff\u4e0b\u9762\u4e09\u4e2a\u4e3e\u4f8b\uff1a<\/p>\n<p><\/p>\n<p>Antalpha &#8211; \u6709\u7740\u5708\u5185\u6700\u5927\u7684\u6bd4\u7279\u5e01\u793e\u533a\uff0cBitmain \u6bd4\u7279\u5927\u9646\u7684\u6218\u7565\u5408\u4f5c\u4f19\u4f34\uff0c\u751f\u6001\u4ea7\u54c1 Antalpha Prime \u56f4\u7ed5 BTC \u751f\u6001\u53d1\u5c55\uff0c\u4e3a\u673a\u6784\u63d0\u4f9b BTC \u751f\u4ea7\u4e2d\u7684\u786c\u4ef6\u80fd\u6e90\u878d\u8d44\u670d\u52a1\uff0c\u5982\u77ff\u673a\u878d\u8d44\uff0c\u7535\u8d39\u878d\u8d44\uff0cBTC \u6258\u7ba1\u50a8\u5b58 MPC \u65b9\u6848\u7b49\u7b49\u3002<\/p>\n<p><\/p>\n<p>Cobo &#8211; \u795e\u9c7c\u7684\u5927\u540d\u6211\u60f3\u5708\u5185\u65e0\u4eba\u4e0d\u77e5\uff0c\u65e0\u4eba\u4e0d\u6653\uff0cCobo \u6258\u7ba1\u94b1\u5305\u4fbf\u662f\u795e\u9c7c\u4e0e\u848b\u957f\u6d69\u535a\u58eb\u8054\u5408\u521b\u529e\u7684\uff0c\u8fc4\u4eca\u5df2\u7ecf\u6709\u8d85\u8fc7 1 \u4ebf\u7684\u5730\u5740+2000 \u4ebf\u7f8e\u91d1\u7684\u8f6c\u8d26\u989d\uff0c\u73b0\u5982\u4eca Cobo \u66f4\u662f\u6709 MPC\uff0c\u667a\u80fd\u5408\u7ea6\u94b1\u5305\u7b49\u591a\u79cd\u89e3\u51b3\u65b9\u6848\uff0c\u662f\u5f88\u591a\u673a\u6784\u4e0e\u7528\u6237\u4fe1\u8d56\u7684\u4e00\u7ad9\u5f0f\u94b1\u5305\u63d0\u4f9b\u5546\u3002<\/p>\n<p><\/p>\n<p>Sinohope &#8211; \u9999\u6e2f\u6301\u724c\u4e0a\u5e02\u516c\u53f8\uff0c\u9664\u4e86\u94b1\u5305\u89e3\u51b3\u65b9\u6848\u4e4b\u5916\uff0c\u66f4\u662f\u63d0\u4f9b\u4e00\u7ad9\u5f0f\u5168\u6808\u533a\u5757\u94fe\u89e3\u51b3\u65b9\u6848\uff0c\u5305\u62ec L1\/L2 \u6d4f\u89c8\u5668\uff0cFaucets\uff0c\u57fa\u7840 Dex\uff0c\u501f\u8d37\uff0cNFT Market Place \u7b49\u7b49\u7efc\u5408\u670d\u52a1\u3002<\/p>\n<p><\/p>\n<p>\u51e0\u5bb6\u5e73\u53f0\u90fd\u62e5\u6709\u5927\u91cf\u771f\u5b9e B \u7aef\u7528\u6237\uff0c\u4e14\u5b89\u5168\u6c34\u5e73\u4e00\u76f4\u5728\u7ebf\uff0c\u6240\u4ee5\u5176\u5b9e\u8bb8\u591a Dei \u534f\u8bae\u4e0e\u4e0a\u8ff0\u5e73\u53f0\u90fd\u6709\u8fc7\u5408\u4f5c\uff0c\u5728\u8fd9\u91cc\u4e2d\u5fc3\u5316\u4e0e\u53bb\u4e2d\u5fc3\u5316\u7684\u6982\u5ff5\u6ca1\u6709\u90a3\u4e48\u6cfe\u6e2d\u5206\u660e\uff0c\u4e00\u5207\u4ece\u5b89\u5168\u4e0e\u4fe1\u4efb\u7684\u89d2\u5ea6\u51fa\u53d1\uff0c\u5728\u6280\u672f\u4e0e\u5546\u4e1a\u5316\u4e0a\u627e\u5230\u4e00\u4e2a\u76f8\u5bf9\u7a33\u5b9a\u7684\u5e73\u8861\u70b9\u3002<\/p>\n<p><\/p>\n<p>2.2.2 \u501f\u8d37\u65b0\u661f Avalon<\/p>\n<p><\/p>\n<p>Avalon \u662f\u4e00\u4e2a\u53bb\u4e2d\u5fc3\u5316\u501f\u8d37\u5e73\u53f0\uff0c\u4e13\u6ce8\u4e8e\u4e3a\u6bd4\u7279\u5e01\u6301\u6709\u8005\u63d0\u4f9b\u6d41\u52a8\u6027\u3002\u7528\u6237\u53ef\u4ee5\u5c06\u6bd4\u7279\u5e01\u4f5c\u4e3a\u62b5\u62bc\u54c1\u8fdb\u884c\u501f\u8d37\uff0cAvalon \u5229\u7528\u667a\u80fd\u5408\u7ea6\u81ea\u52a8\u5316\u7ba1\u7406\u501f\u8d37\u8fc7\u7a0b\u3002Avalon \u63d0\u4f9b\u7684\u56fa\u5b9a\u501f\u8d37\u5229\u7387\u4f4e\u81f3 8%\uff0c\u4f7f\u5176\u5728\u7ade\u4e89\u6fc0\u70c8\u7684 DeFi \u5e02\u573a\u4e2d\u5177\u6709\u5438\u5f15\u529b\u3002<\/p>\n<p><\/p>\n<p><strong>\u4e13\u6ce8\u4e8e\u6bd4\u7279\u5e01\uff1a<\/strong>Avalon \u5df2\u7ecf\u4e0a\u7ebf\u4e86\u5305\u62ec Bitlayer\u3001Merlin\u3001Core\u3001BoB \u5185\u7684 BTC layer2\uff0c\u4e13\u6ce8\u4e8e\u4e3a\u6bd4\u7279\u5e01\u6301\u6709\u8005\u63d0\u4f9b\u501f\u8d37\u670d\u52a1, \u6ee1\u8db3\u4e86\u6bd4\u7279\u5e01\u7528\u6237\u7684\u6d41\u52a8\u6027\u9700\u6c42\u3002<\/p>\n<p><\/p>\n<p><strong>\u62b5\u62bc\u54c1\u7ba1\u7406\uff1a<\/strong>Avalon \u91c7\u7528\u4e86\u8d85\u989d\u62b5\u62bc\u673a\u5236\uff0c\u7528\u6237\u9700\u8981\u63d0\u4f9b\u8d85\u8fc7\u501f\u6b3e\u91d1\u989d\u7684\u6bd4\u7279\u5e01\u4f5c\u4e3a\u62b5\u62bc\uff0c\u4ee5\u964d\u4f4e\u5e73\u53f0\u7684\u98ce\u9669\u3002<\/p>\n<p><\/p>\n<p><strong>\u6570\u636e\u8868\u73b0\uff1a<\/strong>\u5e73\u53f0\u76ee\u524d\u5df2\u7ecf\u8d85\u8fc7\u4e86 300M \u7684 TVL\uff0c\u76ee\u524d\u79ef\u6781\u7684\u5728\u4e0e\u4e00\u4f17 BTCFi \u9879\u76ee\u4f8b\u5982 SolvBTC\u3001Lorenzo\u3001SwellBTC \u7b49\u5c55\u5f00\u4e00\u4e9b\u4e0a\u7684\u5408\u4f5c\uff0c\u4ece\u800c\u6269\u5927\u7528\u6237\u57fa\u7840\u3002<\/p>\n<p><\/p>\n<p>2.2.3 CeDeFi \u5148\u9a71 Bouncebit<\/p>\n<p><\/p>\n<p>BounceBit \u662f\u4e00\u4e2a\u4e13\u6ce8\u4e8e\u4e3a\u6bd4\u7279\u5e01\u8d44\u4ea7\u8d4b\u80fd\u7684\u521b\u65b0\u533a\u5757\u94fe\u5e73\u53f0, \u901a\u8fc7\u4e2d\u5fc3\u5316\u91d1\u878d (CeFi) \u548c\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d (DeFi) \u7684\u878d\u5408, \u4ee5\u53ca\u518d\u8d28\u62bc (Restaking) \u7684\u7b56\u7565, \u5c06\u6bd4\u7279\u5e01\u4ece\u4e00\u79cd\u88ab\u52a8\u8d44\u4ea7\u8f6c\u53d8\u4e3a\u52a0\u5bc6\u751f\u6001\u7cfb\u7edf\u4e2d\u7684\u79ef\u6781\u53c2\u4e0e\u8005\u3002<\/p>\n<p><\/p>\n<p><strong>BounceBit \u7684\u7279\u70b9\uff1a<\/strong><\/p>\n<p><\/p>\n<p><strong>BTC \u518d\u8d28\u62bc\uff1a<\/strong>BounceBit \u5141\u8bb8\u7528\u6237\u5c06\u6bd4\u7279\u5e01\u5b58\u5165\u534f\u8bae, \u901a\u8fc7\u518d\u8d28\u62bc\u83b7\u5f97\u989d\u5916\u6536\u76ca\u3002\u8fd9\u589e\u52a0\u4e86\u8d44\u4ea7\u7684\u6d41\u52a8\u6027\u548c\u6536\u76ca\u673a\u4f1a\u3002\u7528\u6237\u53ef\u4ee5\u5c06\u591a\u79cd\u7c7b\u578b\u7684\u94fe\u4e0a\u6bd4\u7279\u5e01\u8d44\u4ea7\u5b58\u5165 BounceBit, \u5305\u62ec\u539f\u751f BTC\u3001WBTC\u3001renBTC \u7b49\u3002<\/p>\n<p><\/p>\n<p><strong>\u53cc\u5e01 PoS \u5171\u8bc6\u673a\u5236\uff1a<\/strong>BounceBit \u91c7\u7528 BTC+BB(BounceBit \u539f\u751f\u4ee3\u5e01) \u7684\u6df7\u5408 PoS \u673a\u5236\u8fdb\u884c\u9a8c\u8bc1\u3002\u9a8c\u8bc1\u8005\u540c\u65f6\u63a5\u53d7 BBTC(BounceBit \u53d1\u884c\u7684\u6bd4\u7279\u5e01\u4ee3\u5e01) \u548c BB \u4ee3\u5e01\u4f5c\u4e3a\u8d28\u62bc, \u589e\u5f3a\u4e86\u7f51\u7edc\u7684\u5f39\u6027\u548c\u5b89\u5168\u6027, \u540c\u65f6\u6269\u5927\u4e86\u53c2\u4e0e\u8005\u57fa\u7840\u3002<\/p>\n<p><\/p>\n<p><strong>BounceClub\uff1a<\/strong>BounceBit \u63d0\u4f9b BounceClub \u5de5\u5177, \u5373\u4f7f\u6ca1\u6709\u7f16\u7a0b\u57fa\u7840\u7684\u7528\u6237\u4e5f\u80fd\u521b\u5efa\u81ea\u5df1\u7684 DeFi \u4ea7\u54c1\u3002<\/p>\n<p><\/p>\n<p><strong>\u6d41\u52a8\u6027\u6258\u7ba1\uff1a<\/strong>BounceBit \u5f15\u5165\u6d41\u52a8\u6027\u6258\u7ba1\u7684\u6982\u5ff5, \u4f7f\u62b5\u62bc\u7684\u8d44\u4ea7\u4fdd\u6301\u6d41\u52a8\u6027, \u5e76\u63d0\u4f9b\u66f4\u591a\u6536\u76ca\u673a\u4f1a\u3002<\/p>\n<p><\/p>\n<p>\u8fd9\u6709\u522b\u4e8e\u4f20\u7edf\u7684\u9501\u4ed3\u6a21\u5f0f, \u4e3a\u7528\u6237\u5e26\u6765\u66f4\u5927\u7075\u6d3b\u6027\u3002<\/p>\n<p><\/p>\n<p>BounceBit \u901a\u8fc7\u521b\u65b0\u7684\u518d\u8d28\u62bc\u6a21\u5f0f\u548c\u53cc\u5e01 PoS \u5171\u8bc6, \u4e3a\u6bd4\u7279\u5e01\u6301\u6709\u8005\u63d0\u4f9b\u4e86\u66f4\u591a\u7684\u6536\u76ca\u673a\u4f1a, \u5e76\u63a8\u52a8\u4e86\u6bd4\u7279\u5e01\u5728 DeFi \u751f\u6001\u4e2d\u7684\u5e94\u7528\u3002\u5176\u6d41\u52a8\u6027\u6258\u7ba1\u548c BounceClub \u5de5\u5177, \u4e5f\u4f7f\u5f97 DeFi \u5f00\u53d1\u53d8\u5f97\u66f4\u52a0\u7b80\u5355\u548c\u53cb\u597d\u3002<\/p>\n<p><\/p>\n<p>2.2.4 \u7a33\u5b9a\u5e01\u65b0\u661f Yala<\/p>\n<p><\/p>\n<p>Yala \u662f BTC \u4e0a\u7a33\u5b9a\u5e01\u548c\u6d41\u52a8\u6027\u534f\u8bae\uff0cYala \u901a\u8fc7\u81ea\u4e3b\u642d\u5efa\u7684\u6a21\u5757\u5316\u57fa\u7840\u8bbe\u65bd\uff0c\u8ba9\u5176\u7a33\u5b9a\u5e01$YU \u80fd\u591f\u5728\u5404\u79cd\u751f\u6001\u4e4b\u95f4\u81ea\u7531\u3001\u5b89\u5168\u5730\u6d41\u52a8\uff0c\u91ca\u653e BTC \u6d41\u52a8\u6027\uff0c\u4e3a\u6574\u4e2a\u52a0\u5bc6\u751f\u6001\u5e26\u6765\u5de8\u5927\u8d44\u91d1\u6d3b\u529b\u3002<\/p>\n<p><\/p>\n<p>\u6838\u5fc3\u4ea7\u54c1\u5305\u62ec\uff1a<\/p>\n<p><\/p>\n<p>\u00b7 \u8d85\u989d\u62b5\u62bc\u7a33\u5b9a\u5e01$YU: \u8be5\u7a33\u5b9a\u5e01\u901a\u8fc7\u8d85\u989d\u62b5\u62bc\u6bd4\u7279\u5e01\u751f\u6210\uff0c\u57fa\u7840\u8bbe\u65bd\u4e0d\u4ec5\u57fa\u4e8e\u6bd4\u7279\u5e01\u539f\u751f\u534f\u8bae\uff0c\u8fd8\u53ef\u5728 EVM \u53ca\u5176\u4ed6\u751f\u6001\u7cfb\u7edf\u4e2d\u81ea\u7531\u3001\u5b89\u5168\u5730\u90e8\u7f72\u3002<\/p>\n<p><\/p>\n<p>\u00b7 MetaMint\uff1a$YU \u7684\u6838\u5fc3\u7ec4\u6210\u90e8\u5206\uff0c\u4f7f\u7528\u6237\u80fd\u591f\u4fbf\u6377\u5730\u4f7f\u7528\u539f\u751f\u6bd4\u7279\u5e01\u5728\u5404\u4e2a\u751f\u6001\u7cfb\u7edf\u4e2d\u94f8\u9020$YU\uff0c\u5c06\u6bd4\u7279\u5e01\u7684\u6d41\u52a8\u6027\u6ce8\u5165\u8fd9\u4e9b\u751f\u6001\u3002<\/p>\n<p><\/p>\n<p>\u00b7 \u4fdd\u9669\u884d\u751f\u54c1\uff1a\u5728 DeFi \u751f\u6001\u7cfb\u7edf\u5185\u63d0\u4f9b\u5168\u9762\u7684\u4fdd\u9669\u89e3\u51b3\u65b9\u6848\uff0c\u4e3a\u7528\u6237\u521b\u9020\u5957\u5229\u673a\u4f1a\u3002<\/p>\n<p><\/p>\n<p>Yala \u7684\u4e00\u7cfb\u5217\u57fa\u7840\u8bbe\u65bd\u548c\u4ea7\u54c1\u670d\u52a1\u4e8e\u5176\u613f\u666f\u2014\u2014\u5c06\u6bd4\u7279\u5e01\u7684\u6d41\u52a8\u6027\u5f15\u5165\u5404\u4e2a\u52a0\u5bc6\u751f\u6001\u3002\u901a\u8fc7$YU\uff0c\u6bd4\u7279\u5e01\u6301\u6709\u8005\u53ef\u5728\u5404\u79cd\u8de8\u94fe DeFi \u534f\u8bae\u4e2d\u8d5a\u53d6\u989d\u5916\u6536\u76ca\uff0c\u540c\u65f6\u4fdd\u6301\u6bd4\u7279\u5e01\u4e3b\u7f51\u7684\u5b89\u5168\u6027\u548c\u7a33\u5b9a\u6027\uff1b\u901a\u8fc7\u6cbb\u7406\u4ee3\u5e01$YALA\uff0cYala \u5b9e\u73b0\u5404\u4ea7\u54c1\u548c\u751f\u6001\u7684\u53bb\u4e2d\u5fc3\u5316\u6cbb\u7406\u3002<\/p>\n<p><\/p>\n<p>2.2.5 \u767e\u82b1\u9f50\u653e\u7684 Wrapped BTC<\/p>\n<p><\/p>\n<p><strong>WBTC<\/strong><\/p>\n<p><\/p>\n<p>Wrapped Bitcoin (WBTC) \u662f\u4e00\u79cd\u5c06\u6bd4\u7279\u5e01 (BTC) \u4e0e\u4ee5\u592a\u574a (ETH) \u533a\u5757\u94fe\u8fde\u63a5\u7684 ERC-20 \u4ee3\u5e01\u3002\u6bcf\u4e2a WBTC \u90fd\u7531 1 \u4e2a\u6bd4\u7279\u5e01\u4f5c\u4e3a\u652f\u6301, \u786e\u4fdd\u4e86\u5176\u4ef7\u503c\u4e0e BTC \u4ef7\u683c\u6302\u94a9\u3002WBTC \u7684\u63a8\u51fa\u4f7f\u5f97\u6bd4\u7279\u5e01\u6301\u6709\u8005\u80fd\u591f\u5728\u4ee5\u592a\u574a\u751f\u6001\u7cfb\u7edf\u4e2d\u4f7f\u7528\u5176\u8d44\u4ea7, \u53c2\u4e0e\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d (DeFi) \u5e94\u7528\u3002\u8fd9\u6781\u5927\u7684\u63d0\u5347\u4e86\u6bd4\u7279\u5e01\u5728 DeFi \u9886\u57df\u7684\u6d41\u52a8\u6027\u548c\u4f7f\u7528\u573a\u666f\u3002<\/p>\n<p><\/p>\n<p>WBTC \u4e00\u76f4\u662f Wrapped BTC \u7684\u9f99\u5934\uff0c\u4f46\u662f\u5728 8 \u6708 9 \u65e5\uff0cWBTC \u6258\u7ba1\u673a\u6784 BitGo \u5b98\u5ba3\u4e0e BiT Global \u7684\u5408\u8d44\u4f01\u4e1a\u8ba1\u5212\u5c06 WBTC \u7684 BTC \u7ba1\u7406\u5730\u5740\u8fc1\u79fb\u81f3\u5408\u8d44\u4f01\u4e1a\u591a\u7b7e\uff0c\u8868\u9762\u4e0a\u672c\u662f\u4e00\u4ef6\u666e\u901a\u7684\u4f01\u4e1a\u5408\u4f5c\uff0c\u5374\u56e0\u4e3a BiT Global \u80cc\u540e\u6b63\u662f\u5b59\u5b87\u6668\u5b9e\u63a7\u800c\u5f15\u8d77\u8f69\u7136\u5927\u6ce2\u3002MakerDAO \u7b2c\u4e00\u65f6\u95f4\u53d1\u8d77\u4e86\u300e\u51cf\u5c11 WBTC \u62c5\u4fdd\u54c1\u89c4\u6a21\u300f\u63d0\u6848\uff0c\u8981\u6c42\u6838\u5fc3\u91d1\u5e93\u4e2d WBC \u76f8\u5173\u62c5\u4fdd\u989d\u964d\u81f3 0\u3002\u5e02\u573a\u4e0a\u5bf9\u4e8e WBTC \u7684\u987e\u8651\uff0c\u4e5f\u7ed9\u4e86\u65b0\u578b\u7684 Wrapped BTC \u65b0\u7684\u673a\u4f1a\u3002<\/p>\n<p><\/p>\n<p><strong>BTCB<\/strong><\/p>\n<p><\/p>\n<p>BTCB \u662f Binance Smart Chain \u4e0a\u7684\u4e00\u79cd\u6bd4\u7279\u5e01\u4ee3\u5e01\uff0c\u5141\u8bb8\u7528\u6237\u5728 BSC \u4e0a\u8fdb\u884c\u4ea4\u6613\u548c\u4f7f\u7528\u3002BTCB \u7684\u8bbe\u8ba1\u65e8\u5728\u63d0\u9ad8\u6bd4\u7279\u5e01\u7684\u6d41\u52a8\u6027\uff0c\u540c\u65f6\u5229\u7528 BSC \u7684\u4f4e\u4ea4\u6613\u8d39\u7528\u548c\u5feb\u901f\u786e\u8ba4\u65f6\u95f4\u3002<\/p>\n<p><\/p>\n<p>Binance \u6b63\u5728\u79ef\u6781\u6269\u5c55 BTCB \u7684\u529f\u80fd\uff0c\u8ba1\u5212\u5728 BSC \u4e0a\u63a8\u51fa\u66f4\u591a\u4e0e BTCB \u76f8\u5173\u7684\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\uff08DeFi\uff09\u4ea7\u54c1\u3002\u8fd9\u4e9b\u65b0\u4ea7\u54c1\u5c06\u5305\u62ec\u501f\u8d37\u3001\u884d\u751f\u54c1\u4ea4\u6613\u7b49\uff0c\u65e8\u5728\u63d0\u5347 BTCB \u7684\u4f7f\u7528\u4ef7\u503c\u548c\u6d41\u52a8\u6027\u3002BTCB \u5728 BSC \u4e0a\u7684\u5e94\u7528\u5df2\u7ecf\u5f97\u5230\u591a\u4e2a DeFi \u534f\u8bae\u7684\u652f\u6301\uff0c\u5305\u62ec Venus\u3001Radiant\u3001Kinza\u3001Solv\u3001Karak\u3001pStake \u548c Avalon \u7b49\u3002\u8fd9\u4e9b\u534f\u8bae\u5141\u8bb8\u7528\u6237\u4f7f\u7528 BTCB \u4f5c\u4e3a\u62b5\u62bc\u54c1\u8fdb\u884c\u501f\u8d37\u3001\u6d41\u52a8\u6027\u6316\u77ff\u548c\u7a33\u5b9a\u5e01\u94f8\u9020\u7b49\u64cd\u4f5c\u3002<\/p>\n<p><\/p>\n<p>Binance \u5e0c\u671b\u901a\u8fc7\u8fd9\u4e9b\u63aa\u65bd\u589e\u5f3a BTCB \u7684\u5e02\u573a\u5730\u4f4d\uff0c\u5e76\u63a8\u52a8\u6bd4\u7279\u5e01\u5728 BSC \u751f\u6001\u7cfb\u7edf\u4e2d\u7684\u66f4\u5e7f\u6cdb\u5e94\u7528\u3002BTCB \u7684\u5f15\u5165\u4e0d\u4ec5\u4e3a\u6bd4\u7279\u5e01\u6301\u6709\u8005\u63d0\u4f9b\u4e86\u65b0\u7684\u4f7f\u7528\u573a\u666f\uff0c\u4e5f\u4e3a BSC \u7684 DeFi \u751f\u6001\u7cfb\u7edf\u6ce8\u5165\u4e86\u66f4\u591a\u7684\u6d41\u52a8\u6027\u3002<\/p>\n<p><\/p>\n<p><strong>dlcBTC (\u73b0 iBTC\uff09<\/strong>@ibtcnetwork<\/p>\n<p><\/p>\n<p>iBTC \u662f\u4e00\u79cd\u57fa\u4e8e\u79bb\u6563\u5bf9\u6570\u5408\u540c\uff08DLC\uff09\u6280\u672f\u7684\u6bd4\u7279\u5e01\u8d44\u4ea7\uff0c\u65e8\u5728\u4e3a\u7528\u6237\u63d0\u4f9b\u4e00\u79cd\u5b89\u5168\u3001\u9690\u79c1\u4fdd\u62a4\u7684\u65b9\u5f0f\u6765\u521b\u5efa\u548c\u6267\u884c\u590d\u6742\u7684\u91d1\u878d\u5408\u7ea6\u3002\u5176\u6838\u5fc3\u7279\u70b9\u662f\u5b8c\u5168\u53bb\u4e2d\u5fc3\u5316\uff0c\u7528\u6237\u5728\u4f7f\u7528 dlcBTC \u65f6\u65e0\u9700\u4f9d\u8d56\u7b2c\u4e09\u65b9\u6258\u7ba1\u6216\u591a\u7b7e\u673a\u5236\uff0c\u786e\u4fdd\u7528\u6237\u5bf9\u5176\u8d44\u4ea7\u7684\u5b8c\u5168\u63a7\u5236\uff0c\u4ece\u800c\u964d\u4f4e\u4e86\u4e2d\u5fc3\u5316\u5e26\u6765\u7684\u98ce\u9669\u3002\u6b64\u5916\uff0ciBTC \u7684\u5b89\u5168\u6027\u5f97\u76ca\u4e8e\u5176\u72ec\u7279\u7684\u81ea\u6211\u5305\u88c5\u673a\u5236\uff0c\u7528\u6237\u7684\u6bd4\u7279\u5e01\u59cb\u7ec8\u5904\u4e8e\u5176\u63a7\u5236\u4e4b\u4e0b\uff0c\u53ea\u6709\u539f\u59cb\u5b58\u6b3e\u8005\u624d\u80fd\u63d0\u53d6\u8d44\u91d1\uff0c\u8fd9\u6709\u6548\u9632\u6b62\u4e86\u8d44\u4ea7\u88ab\u76d7\u6216\u88ab\u653f\u5e9c\u6ca1\u6536\u7684\u98ce\u9669\u3002<\/p>\n<p><\/p>\n<p>iBTC \u8fd8\u5229\u7528\u96f6\u77e5\u8bc6\u8bc1\u660e\u6280\u672f\uff0c\u589e\u5f3a\u4e86\u4ea4\u6613\u7684\u9690\u79c1\u6027\u548c\u5b89\u5168\u6027\u3002\u7528\u6237\u53ef\u4ee5\u5728\u5408\u7ea6\u4e2d\u6267\u884c\u590d\u6742\u7684\u91d1\u878d\u4ea4\u6613\uff0c\u800c\u4e0d\u5fc5\u516c\u5f00\u4ea4\u6613\u7684\u5177\u4f53\u7ec6\u8282\uff0c\u4ece\u800c\u4fdd\u62a4\u4e2a\u4eba\u4fe1\u606f\u3002\u901a\u8fc7\u8fd9\u79cd\u521b\u65b0\u673a\u5236\uff0ciBTC \u4f7f\u6bd4\u7279\u5e01\u6301\u6709\u8005\u80fd\u591f\u53c2\u4e0e\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\uff08DeFi\uff09\u6d3b\u52a8\uff0c\u540c\u65f6\u4fdd\u6301\u5bf9\u8d44\u4ea7\u7684\u6240\u6709\u6743\u548c\u63a7\u5236\u6743\u3002<\/p>\n<p><\/p>\n<p>iBTC \u662f\u6240\u6709 Wrapped BTC \u4e2d\u6700\u53bb\u4e2d\u5fc3\u5316\u7684\u89e3\u51b3\u65b9\u6848\uff0c\u5176\u5728\u5546\u4e1a\u5316\u7684\u8fc7\u7a0b\u4e2d\u53ef\u4ee5\u89e3\u51b3\u4e2d\u5fc3\u5316\u6258\u7ba1\u4e0d\u900f\u660e\u7684\u95ee\u9898\u3002<\/p>\n<p><\/p>\n<p>\u9664\u4e86\u4ee5\u4e0a\u7684 Wrapped BTC \u89e3\u51b3\u65b9\u6848\u4ee5\u5916\uff0c\u8fd8\u6709 FBTC\u3001M-BTC\u3001SolvBTC \u7b49\u591a\u79cd\u591a\u6837\u7684 BTC \u89e3\u51b3\u65b9\u6848\u3002<\/p>\n<p><\/p>\n<h2 class=\"_content_replace_h1\">\u4e09\u3001\u7ed3\u8bed\uff1a<\/h2>\n<p><\/p>\n<p>\u6bd4\u7279\u5e01\u8bde\u751f\u81f3\u4eca\u5df2\u7ecf\u6709 15 \u5e74\uff0c\u6bd4\u7279\u5e01\u5df2\u7ecf\u4e0d\u4ec5\u4ec5\u662f\u4e00\u4e2a\u6570\u5b57\u9ec4\u91d1\uff0c\u800c\u662f\u4e00\u4e2a 2 \u4e07\u4ebf\u7f8e\u5143\u91d1\u878d\u4f53\u7cfb\uff0c\u4e00\u6279\u53c8\u4e00\u6279\u7684 Builder 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