比特币（BTC）在FluidTokens的新水族馆RWA方案中符合分散的金融（DEFI）

FluidTokens通常不是人们首先寻求Defi Innovation的地方。但是像FluidTokens这样的项目开始挑战

Cardano isn't usually the first place people look for DeFi innovation. But projects like FluidTokens are beginning to challenge that assumption, focusing on fundamentals like decentralization, fee stability, and long-term scalability.

Cardano通常不是人们首先寻求Defi Innovation的地方。但是，像FluidTokens这样的项目开始挑战这一假设，重点是权力下放，费用稳定性和长期可扩展性等基本面。

This vision starts with Aquarium, FluidTokens' system for making Bitcoin usable in Cardano DeFi. It introduces Babel Fees, which allow users to cover transaction costs with any Cardano Native Token—including bridged Bitcoin—without needing ADA. Then there's Midgard, a lightweight roll-up designed to speed up transactions while still relying on Cardano's base-layer security.

该愿景始于水族馆，即FluidTokens的系统，用于使比特币在Cardano Defi中使用。它引入了预告额，该费用允许用户使用任何需要ADA的Cardano Native代币（包括桥接比特币）来支付交易成本。然后是Midgard，这是一种轻巧的卷起，旨在加快交易，同时仍依靠Cardano的基本安全性。

In this Q&A, we speak with FluidTokens' CEO, Matteo Coppola, about what they're building behind the scenes—from a new lending protocol to a broader vision that touches Bitcoin, real-world assets, and more.

在此问答中，我们与FluidTokens的首席执行官Matteo Coppola谈论了他们在幕后建立的内容，从新的借贷协议到更广泛的愿景，它触及比特币，现实世界中的资产等等。

[responsivevoice_voice name="US English Female" voice_url="https://cdn.responsivevoice.com/voice/categorised/en-US/standard/Wavenet_B_IV_F0_EN-US_Standard.js" role="IV0" voice_id="27" total_voices="28" ir_highlight=true lang="en-US" continuous=true]

[ResponsiveVoice_voice name =“ US英语女性”语音_url =“ https://cdn.responsivevoice.com/voice/voice/categorise/categorise/en-us/standard/standard/wavenet_b_i b_iv_f0_en-us_standard.an-us_standard.standard.standard.stanc.js” lang =“ en-us”连续= true]

BeInCrypto: Building on Cardano is often overlooked in the Ethereum-dominated narrative. What strategic advantages has Cardano offered FluidTokens, beyond the usual talking points around fees and uptime?

Beincrypto：在以太坊主导的叙述中经常被忽视。 Cardano提供了哪些战略优势，超越了围绕费用和正常运行时间的通常说话积分？

Matteo Coppola: Ethereum had the first-to-market advantage in the smart contract economy, and its Account Model was therefore used as the standard for many years. Cardano instead keeps the original Bitcoin architecture, expanding it to allow proper UTXO smart contracts.

Matteo Coppola：以太坊具有智能合同经济的第一到市场优势，因此，其帐户模型被用作多年来的标准。 Cardano取而代之的是将原始的比特币体系结构保留，并将其扩展以允许使用适当的UTXO智能合约。

Now that the general web3 community is facing the limitations of the Account Model, UTXO-based blockchains can show a better alternative, all properly connected by Cardano.

现在，一般的Web3社区正面临帐户模型的局限性，基于UTXO的区块链可以显示出更好的替代方案，所有这些都可以由Cardano正确连接。

Cardano offers FluidTokens an always online realistic decentralized environment that can properly bridge assets among UTXO blockchains such as Bitcoin and any Layer 2 that anchors its security to a UTXO Layer 1.

Cardano为FluidTokens提供了一个始终在线现实的分散环境，可以在UTXO区块链（例如比特币）和任何将其安全性固定在UTXO第1层上的第2层之间正确桥接资产。

Additionally, Cardano has one of the most vibrant communities, where its numbers are not made by bots and wash trading but by the authentic interest of real people.

此外，Cardano是最充满活力的社区之一，它的数字不是由机器人和Wash交易来制作的，而是由真实人民的真实利益进行的。

FluidTokens has been a leading DeFi ecosystem on Cardano since 2022. It is currently the only ecosystem that has deployed real DeFi protocols on Bitcoin layer-1, so it’s a no-brainer to keep supporting and improving Cardano.

自2022年以来，FluidTokens一直是Cardano的领先生态系统。目前，它是唯一在比特币1层上部署实际Defi协议的生态系统，因此继续支持和改善Cardano是不费吹灰之力的。

BeInCrypto: The Aquarium Babel fees model introduces a different way of thinking about user incentives. What led you to design it this way, and what kinds of user behavior are you hoping it encourages?

Beincrypto：水族馆的预告片模型引入了另一种思考用户激励措施的方式。是什么促使您以这种方式设计它，您希望它能鼓励什么样的用户行为？

Matteo Coppola: Blockchain is a core part of any Web3 stack—but end users shouldn’t be burdened by the complexities of transaction building or on-chain settlement. The experience should be simple, secure, and smooth.

Matteo Coppola：区块链是任何Web3堆栈的核心部分，但最终用户不应受到交易建设或链接结算的复杂性的负担。体验应该简单，安全和顺利。

This is impossible if the user has to own and manage ADA, the native currency that Cardano accepts, to execute transactions. For example, how can an average person know where to buy ADA, how not to get scammed, how to do an annoying KYC on a centralized exchange, how much to buy, and how to send it to their non-custodial wallet? All of this must be avoided if ADA is not necessary in his daily operations.

如果用户必须拥有和管理Cardano接受的原始货币并执行交易的ADA，这是不可能的。例如，一个普通人怎么知道在哪里买ADA，如何不被骗子，如何在集中式交易所进行烦人的KYC，购买多少以及如何将其发送到其非监测的钱包？如果ADA在他的日常操作中没有必要的情况下，所有这些都必须避免。

Aquarium allows users to pay transaction fees with custom tokens, such as stablecoins, in a fully decentralized way. An open market provides ADA to sponsor transaction fees in exchange for a certain amount of another token, allowing supply and demand to be met and simplifying the user experience.

水族馆允许用户以完全分散的方式使用定制令牌（例如Stablecoins）支付交易费用。一个开放市场为赞助商交易费用提供ADA，以换取一定数量的另一个令牌，从而可以满足供应和需求，并简化用户体验。

Aquarium will also enable Bitcoin users to execute DeFi operations on Cardano without the need to own any ADA, officially enabling Cardano as a DeFi layer for Bitcoin.

水族馆还将使比特币用户在Cardano上执行Defi操作，而无需拥有任何ADA，正式使Cardano成为比特币的Defi层。

BeInCrypto: Midgard plays a role in FluidTokens' approach to scaling. How does it fit into your broader roadmap for expanding access to DeFi while staying aligned with decentralization?

Beincrypto：Midgard在FluidTokens的缩放方法中发挥了作用。它如何适合您更广泛的路线图，以扩大对Defi的访问，同时保持与权力下放的一致？

Matteo Coppola: We are building Midgard in collaboration with Anastasia Labs to solve the Cardano fast-finality and low-fee issues that you inevitably meet when on any properly decentralized blockchain.

Matteo Coppola：我们正在与Anastasia Labs合作建立Midgard，以解决您在任何适当分散的区块链上时不可避免地遇到的Cardano快速问题和低收入问题。

On Midgard, our DeFi products can become highly competitive with traditional ones, empowering real-time trading, video game economies, and daily retail payments.

在Midgard上，我们的Defi产品可能会与传统产品具有很高的竞争力，从而赋予实时交易，视频游戏经济体和日常零售付款能力。

Combined with Aquarium babel fees, the user experience starts to become pretty close to the old traditional system while keeping the most fundamental aspect—decentralization.

结合水族馆的预付款，用户体验开始变得非常接近旧的传统系统，同时保持最基本的方面 - 中央化。

BeInCrypto: FluidTokens is rolling out a new lending protocol. Can you walk us through the core idea behind it and what specific problems you’re aiming to solve that other protocols haven't addressed yet?

Beincrypto：FluidTokens正在推出新的贷款协议。您能否引导我们浏览其背后的核心想法，以及您要解决其他协议尚未解决的具体问题？

Matteo Coppola: The new FluidTokens lending protocol has been designed in a highly modular way to accommodate an impressive number of different types of loans. The objective is to apply a different flavor of lending to ensure all user categories find what they are looking for on both the lending and the borrowing sides.

Matteo Coppola：新的流体贷款协议以高度模块化的方式设计，以适应令人印象深刻的不同类型的贷款。目的是应用不同的贷款风味，以确保所有用户类别都在贷款和借款方面找到所需的东西。

Lenders, whether private

贷方，是否私人