用產量解鎖比特幣抵押品

LSTBTC將改變機構比特幣持有人面臨的權衡：使用BTC作為安全的價值存儲，或犧牲安全性或流動性的收益率。

The Core Foundation, in partnership with Maple Finance (NYSE:MPL), BitGo, Copper, and Hex Trust, today announced the launch of lstBTC.

核心基金會與Maple Finance（NYSE：MPL），BITGO，COPPER和HEX TRUST合作，今天宣布了LSTBTC的推出。

lstBTC will be a new type of liquid, yield-bearing Bitcoin token on the Core blockchain, designed for institutions to generate income on idle Bitcoin. By transforming Bitcoin into a productive asset, lstBTC provides holders with a way to turn billions of dollars into income while maintaining security, compliance, and liquidity.

LSTBTC將是一種在核心區塊鏈上的新型液體，具有屈服的比特幣代幣，該核心區塊鍊是為機構設計的，以在閒置的比特幣上產生收入。通過將比特幣轉變為生產資產，LSTBTC為持有人提供了一種將數十億美元轉變為收入的方法，同時保持安全性，合規性和流動性。

lstBTC is designed to improve capital efficiency while maintaining security, compliance, and liquidity, enabling institutions to earn sustainable income from idle Bitcoin holdings without changing existing custody arrangements.

LSTBTC旨在提高資本效率，同時保持安全性，合規性和流動性，使機構能夠從閒置的比特幣持有量中賺取可持續收入，而無需改變現有的監護權安排。

Unlock Bitcoin Collateral with Yield

用產量解鎖比特幣抵押品

lstBTC will change the trade-off faced by institutional Bitcoin holders: use BTC as a safe store of value, or sacrifice security or liquidity for yield. lstBTC allows institutions to receive yield paid in Bitcoin without moving BTC out of a trusted custodian.

LSTBTC將改變機構比特幣持有人面臨的權衡：使用BTC作為安全的價值存儲，或犧牲安全性或流動性的收益率。 LSTBTC允許機構在不將BTC移出值得信賴的託管人的情況下接收在比特幣中支付的收益。

With over $500 billion of Bitcoin currently incurring fees in custody accounts, lstBTC unlocks a huge potential for savings. It enables institutions to earn sustainable returns on their Bitcoin holdings while maintaining principal security, liquidity, and capital efficiency. With its expertise in institutional credit markets and risk management, Maple Finance is responsible for developing yield-generating strategies that meet regulatory and risk standards, helping lstBTC holders streamline the yield-collection process without having to move BTC out of custody. By integrating lstBTC into its broader institutional infrastructure, Maple Finance helps institutions maximize capital efficiency without sacrificing security.

LSTBTC目前擁有超過5000億美元的比特幣收費，可釋放儲蓄的巨大潛力。它使機構能夠在其比特幣持有量中獲得可持續的回報，同時保持主要安全，流動性和資本效率。憑藉其在機構信貸市場和風險管理方面的專業知識，Maple Finance負責制定符合監管和風險標準的產生產生的策略，從而幫助LSTBTC持有人簡化了產量收集流程，而無需將BTC移出監護權。通過將LSTBTC整合到更廣泛的機構基礎設施中，Maple Finance有助於機構在不犧牲安全性的情況下最大化資本效率。

“The lack of Bitcoin yield options has been a glaring gap in the market,” said Sidney Powell, CEO and co-founder of Maple Finance. “Maple is proud to partner with CORE to launch lstBTC, enabling institutions to earn yield on their BTC without giving up the security of a trusted custodian.”

Maple Finance首席執行官兼聯合創始人Sidney Powell說：“缺乏比特幣產量選擇是市場上明顯的差距。” “ Maple很自豪地與Core合作推出LSTBTC，使機構能夠在其BTC上賺取收益，而不會放棄受信任的託管人的安全。”

How lstBTC works

LSTBTC的工作原理

Institutions can mint lstBTC by depositing Bitcoin with a trusted custodian such as BitGo, Copper, or Hex Trust.

機構可以通過將比特託管人（例如Bitgo，銅或十六進制信託）存放給比特幣來造成LSTBTC。

lstBTC generates yield while maintaining full liquidity — institutions can trade, transfer, or use lstBTC as collateral.

LSTBTC在保持全部流動性的同時產生產量 - 機構可以交易，轉讓或使用LSTBTC作為抵押。

When redeemed, holders will receive their original Bitcoin plus a pro-rated portion of the proceeds, deposited directly into their escrow account.

贖回後，持有人將收到其原始的比特幣以及收益的一部分，直接存入其託管帳戶。

lstBTC uses the dual-staking mechanism of the Core blockchain to enable Bitcoin to earn CORE rewards while protecting network security. Maple Finance, as a trusted investment manager, uses clear strategies and institutional-level risk management to transparently optimize returns, while the custodian ensures compliance and asset security.

LSTBTC使用核心區塊鏈的雙穩定機制，使比特幣能夠在保護網絡安全的同時獲得核心獎勵。作為值得信賴的投資經理，Maple Finance使用明確的策略和機構風險管理來透明地優化收益，而保管人則確保合規性和資產安全。

This approach ensures capital efficiency, security, and scalability, providing institutions with a seamless way to earn yield on their Bitcoin holdings without disrupting existing workflows.

這種方法確保了資本效率，安全性和可擴展性，從而為機構提供了一種無縫的方式，可以在不破壞現有工作流程的情況下贏得其比特幣持有量。

What makes lstBTC unique

是什麼使LSTBTC與眾不同

Unlike other Bitcoin yield solutions, lstBTC is designed specifically for institutions without the need to transfer assets or take unnecessary risks.

與其他比特幣產量解決方案不同，LSTBTC專為機構設計而無需轉讓資產或承擔不必要的風險。

No changes to custody arrangements are required – institutions can continue to store Bitcoin with existing custodians.

無需更改監護安排 - 機構可以繼續與現有的託管人一起存儲比特幣。

Real BTC Yield - Earn BTC-denominated returns through Core’s dual-staking mechanism without having to transfer Bitcoin out of custodianship.

真正的BTC收益率 - 通過Core的雙存儲機制賺取BTC計時的回報，而無需轉讓比特幣出於保管權。

Fully liquid and scalable — lstBTC can be traded, transferred, or used as collateral while the underlying Bitcoin is still generating yield.

完全液體和可擴展的 - LSTBTC可以被交易，轉移或用作抵押品，而下層比特幣仍在產生產量。

Built for institutional use cases – seamlessly integrates into existing and new portfolio strategies to enhance returns.

專為機構用例而設計 - 無縫集成到現有和新的投資組合策略中，以提高回報。

Hong Sun, an institutional contributor to Core DAO, said: “This collaboration is a breakthrough for institutional Bitcoin holders. lstBTC finally allows institutions to earn yield on their Bitcoin while maintaining existing custody and security frameworks. By combining the dual-collateral mechanism of the Core blockchain, the risk management strategy of Maple Finance, and the trusted custody infrastructure of BitGo, Copper, and Hex Trust, lstBTC sets a new standard for institutional Bitcoin solutions.”

核心DAO的機構貢獻者Hong Sun說：“這項合作是機構比特幣持有人的突破。 LSTBTC最終允許機構在維持現有的監護權和安全框架的同時，賺取比特幣的收益率。通過結合核心區塊鏈的雙層機制，楓樹融資的風險管理策略以及BitGO，銅和HEX信任的可信賴的監護基礎設施，LSTBTC為機構比特幣解決方案設定了新的標準。”

Bitcoin Redefines Institutional Investors

比特幣重新定義機構投資者

lstBTC enables institutional clients - including portfolio managers, ETP issuers, accredited investors and market makers - to maximize the productivity of Bitcoin without sacrificing security or operational efficiency. Backed by the most trusted names in asset management, digital asset custody, liquidity and risk management, lstBTC sets a new standard for institutional Bitcoin returns.

LSTBTC使機構客戶（包括投資組合經理，ETP發行人，認可的投資者和做市商）可以最大程度地提高比特幣的生產率而不犧牲安全性或運營效率。在資產管理，數字資產保管，流動性和風險管理中最受信任的名稱的支持下，LSTBTC為機構比特幣收益設定了新標準。

To learn more about lstBTC and how it helps institutional Bitcoin holders generate yield securely, visit lstbtc.coredao.org or contact inquire@coredao.org.

要了解有關LSTBTC及其如何幫助機構比特幣持有人安全產生收益率的更多信息，請訪問lstbtc.coredao.org或conscont incoulcore@cordao.org。

About Core

關於核心

Core is Bitcoin's first Proof of Stake (PoS) layer and the largest Bitcoin DeFi ecosystem, combining Bitcoin's unparalleled security with the scalability of Satoshi Plus consensus. Core's dual-staking mechanism enables Bitcoin holders to earn secure and sustainable returns by staking BTC and CORE simultaneously, while retaining full control of their assets.

Core是比特幣的第一個證明（POS）層和最大的比特幣Defi生態系統，將比特幣的無與倫比的安全性與Satoshi Plus共識的可擴展性相結合。 Core的雙固定機制使比特幣持有人可以同時存放BTC和Core，同時保留對其資產的完全控制，從而獲得了安全和可持續的回報。

There are currently over 5,500 BTC and 165 million CORE staked on the Core blockchain , enhancing the utility and security of Bitcoin. Core is the EVM blockchain most aligned with Bitcoin, with approximately 80% of Bitcoin mining power contributing to the security of the network. This breakthrough has attracted millions of Core adopters - with over 40 million unique addresses, 350 million transactions, and over $850 million in total locked value (

目前有超過5500 BTC和1.65億個核心核心在核心區塊鏈上固定，從而增強了比特幣的實用性和安全性。核心是與比特幣最合併的EVM區塊鏈，大約80％的比特幣礦業能力有助於網絡的安全性。這一突破吸引了數百萬的核心採用者 - 擁有超過4000萬個獨特的地址，3.5億美元的交易，總鎖定價值超過8.5億美元（