多元化比特幣在Defi中的利用

傳統上，比特幣被認為是價值存儲，而不是分散融資（DEFI）的活躍參與者。

Key Takeaways:

關鍵要點：

Diversifying Bitcoin’s Utilization in DeFi

多元化比特幣在Defi中的利用

Bitcoin has traditionally been considered a store of value and not an active player in decentralized finance (DeFi).

傳統上，比特幣被認為是價值存儲，而不是分散融資（DEFI）的活躍參與者。

Unlike Ethereum, which can perform smart contracts and a wide range of DeFi applications, the architecture of Bitcoin has historically kept it from entering this space.

與以太坊可以執行智能合約和廣泛的DEFI應用程序不同，比特幣的體系結構歷來使其無法進入此空間。

But Velar’s PerpDEX launch on Stacks is rewriting that playbook. By introducing a Bitcoin-native perpetual decentralized exchange, Velar enables traders to trade with leverage and perpetual contracts natively on Bitcoin’s network.

但是Velar在堆棧上的Perpdex發布正在重寫該劇本。通過引入比特幣本地的永久性交易所，Velar使交易者能夠在比特幣網絡上以槓桿和永久性合同進行交易。

This is a game-changer for Bitcoin’s financial use cases, allowing it to compete even more directly with Ethereum-based DeFi platforms like dYdX and GMX.

這是比特幣財務用例的改變遊戲規則，使其可以直接與基於以太坊的Defi平台（如DyDX和GMX）進行競爭。

Velar PerpDEX on Stacks – Bitcoin DeFi Trading Interface

堆棧上的Velar Perpdex - 比特幣Defi交易接口

Unlike centralized trading platforms that require users to trust a third party, Velar’s PerpDEX is on-chain, enabling users to maintain full control of their assets while leveraging Bitcoin’s security.

與要求用戶信任第三方的集中交易平台不同，Velar的Perpdex是鍊子上的，使用戶能夠在利用比特幣安全性的同時保持對其資產的完全控制。

How Velar’s PerpDEX Works

Velar的perpdex如何工作

Velar’s PerpDEX employs Stacks (STX), a Bitcoin Layer-2 network, to enable smart contract functionality without altering Bitcoin’s base layer. This Layer-2 solution ensures that transactions are:

Velar的Perpdex使用堆棧（STX）（Bitcoin Layer-2網絡）啟用智能合約功能，而無需更改比特幣的基礎層。該第2層解決方案可確保交易是：

The platform also offers liquidity pools, which enable users to deposit Bitcoin to earn yields by providing liquidity to leveraged traders. This model amplifies capital efficiency as well as trading volumes, so the ecosystem of Bitcoin is more active.

該平台還提供流動性池，使用戶可以通過向槓桿交易者提供流動性來存入比特幣以賺取收益率。該模型擴大了資本效率和交易量，因此比特幣的生態系統更加活躍。

The Significance of Velar’s Launch to Bitcoin DeFi

Velar推出比特幣Defi的意義

Velar’s launch of PerpDEX is an important benchmark for Bitcoin’s DeFi ambitions. So far, Bitcoin’s DeFi user base was limited primarily to wrapped tokens like WBTC (Wrapped Bitcoin) on Ethereum or early-stage lending protocols like Sovryn.

Velar的Perpdex推出是比特幣野心野心的重要基準。到目前為止，比特幣的DEFI用戶群主要限於以太坊或早期貸款協議（如Sovryn）在以太坊上包裹的令牌（包裝比特幣）。

With a natively perpetual DEX, Velar demonstrates that Bitcoin is capable of supporting sophisticated DeFi applications without wrapping or bridging onto other networks. This can:

借助本地永久的DEX，Velar證明了比特幣能夠支持複雜的Defi應用程序，而無需包裝或橋接其他網絡。這可以：

Since Ethereum dominated DeFi, Bitcoin’s entry into the space has been gradual. But projects like Velar are now setting the stage for a fresh wave of Bitcoin-led decentralized finance.

由於以太坊統治了Defi，比特幣進入該空間的進入是逐漸的。但是，像Velar這樣的項目現在正在為一波以比特幣為主導的分散融資奠定了基礎。

Challenges and the Road Ahead

挑戰和前進的道路

Despite its potential, Velar’s PerpDEX and Bitcoin’s broader DeFi phenomenon face some challenges:

儘管具有潛力，但Velar的Perpdex和Bitcoin的更廣泛的挑戰現像都面臨著一些挑戰：

With that said, however, as the demand for decentralized trading and financial services based on Bitcoin continues to grow, Velar’s PerpDEX may mark the beginning of something different for Bitcoin in DeFi.

但是，這就是說，隨著基於比特幣的分散交易和金融服務的需求不斷增長，Velar的Perpdex可能標誌著比特幣在Defi中的不同事物的開始。