Badger Finance 著眼於透過新型比特幣借貸協議 eBTC 實現復甦

Badger Finance 推出了 eBTC，這是一種新穎的零利率比特幣借貸協議。利用 Lido 的 stETH，用戶可以抵押以太坊來借用與比特幣掛鉤的有收益的穩定幣。這種獨特的機制由安全審計和合作夥伴支持，旨在增強用戶能力並推動 DeFi 生態系統內的創新。

Will Badger Finance Regain Its Footing with eBTC?

Badger Finance 會透過 eBTC 重新站穩腳步嗎？

Badger Finance is making a bold move with the launch of eBTC, a Bitcoin lending protocol offering 0% interest. Effective March 26, 2024, the protocol leverages stETH from Lido, allowing users to borrow a yield-bearing Bitcoin-pegged stablecoin using ETH as collateral.

Badger Finance 正在採取大膽舉措，推出 eBTC，這是一項提供 0% 利息的比特幣借貸協議。該協議自 2024 年 3 月 26 日起生效，利用 Lido 的 stETH，允許用戶使用 ETH 作為抵押品借入與比特幣掛鉤的有收益的穩定幣。

0% Interest, No Fees? What's the Catch?

0% 利息，無費用？有什麼問題？

Deposit Ethereum tokens in various forms and qualify for eBTC at 0% interest. No initiation fees or repayment fees apply. However, a 110% collateralization threshold ensures users don't get liquidated.

以各種形式存入以太幣代幣，即可享有 0% 利息的 eBTC。不收取啟動費或還款費。然而，110% 的抵押門檻可確保用戶不會被清算。

Badger claims this sets them apart from traditional DeFi lending protocols, encouraging users to deposit Ethereum and borrow eBTC. Lido's Liquidity Observation Lab is offering 15 stETH as incentives to early adopters over one month, airdropped to users. DeFiYaco, Business Development Lead at LidoDAO, commends the development for introducing exceptional use cases for stETH.

Badger 聲稱這將它們與傳統的 DeFi 借貸協議區分開來，鼓勵用戶存入以太坊並借入 eBTC。 Lido 的流動性觀察實驗室將在一個月內向早期採用者提供 15 stETH 作為獎勵，空投給使用者。 LidoDAO 業務開發主管 DeFiYaco 對引入 stETH 特殊用例的開發表示讚賞。

Lido's Powerhouse Role

麗都的重要角色

Partnering with Lido, with its massive $35.5 billion TVL and dominance as a liquid staking provider, gives Badger access to 30.3% of Ether's supply. This collaboration provides a capital-efficient borrowing option for Bitcoin on Ethereum.

與 Lido 合作，Lido 擁有 355 億美元的巨額 TVL 和作為流動性質押提供商的主導地位，使 Badger 能夠獲得 30.3% 的以太幣供應。此次合作為以太坊上的比特幣提供了資本高效的借貸選擇。

Badger's Redemption Story

獾的救贖故事

Badger has faced setbacks, with its TVL plummeting from $1.2 billion to $23.3 million after a front-end attack in 2021. Competition from other crypto lending platforms added to their woes.

Badger 遭遇了挫折，在 2021 年遭受前端攻擊後，其 TVL 從 12 億美元暴跌至 2330 萬美元。來自其他加密借貸平台的競爭加劇了他們的困境。

eBTC: A Reckoning of Sorts

eBTC：各種清算

Badger acknowledges these challenges but emphasizes the security measures taken for eBTC, including partnerships with five security companies. Multiple smart contract audits, economic risk assessments, and a pre-launch bug bounty demonstrate their commitment to safety.

Badger 承認這些挑戰，但強調了 eBTC 採取的安全措施，包括與五家安全公司的合作。多次智能合約審計、經濟風險評估和發布前的錯誤賞金證明了他們對安全的承諾。

A Novel Lending Model

新穎的借貸模式

The 0% interest Bitcoin lending model is gaining traction, allowing eBTC to generate staking yield and eliminate traditional DeFi lending mechanisms.

0% 利息的比特幣借貸模式越來越受歡迎，使 eBTC 能夠產生質押收益並消除傳統的 DeFi 借貸機制。

A Time for Redemption

救贖的時刻

Once a leader in the industry, Badger has experienced setbacks but is poised for redemption with eBTC. Partnering with Lido, implementing security measures, and offering 0% interest could be the catalyst for a resurgence in Badger's fortunes.

Badger 曾經是該行業的領導者，也曾經歷過挫折，但現在已經準備好透過 eBTC 進行救贖。與 Lido 合作、實施安全措施並提供 0% 的利息可能會成為 Badger 財富復甦的催化劑。