比特币重述引入最大化BTC奖励的新方法

去年，巴比伦连锁店推出，向比特币持有人引入“股权”功能，将BTC转变为产生产生的资产

Babylon Chain, a leading Bitcoin (BTC) staking platform, has launched 'staking' functionality. The new feature will allow BTC holders to transform their idle tokens into yield-generating assets, putting the crypto giant to work in new and interesting ways.

领先的比特币（BTC）Staking平台巴比伦连锁店已经启动了“ Staking”功能。新功能将使BTC持有人能够将其闲置代币转变为产生产生的资产，从而使加密巨头以新颖有趣的方式工作。

As explained by Babylon Chain, it has partnered with SatLayer, the main protocol for Bitcoin restaking, to enable those who already have BTC locked in Babylon's smart contracts to reuse those tokens and help to secure additional decentralized applications.

正如巴比伦连锁店所解释的那样，它与Satlayer合作，Satlayer是比特币重新生产的主要协议，使那些已经锁定BTC的人可以锁定巴比伦的智能合约，以重新使用这些代币并帮助确保额外的分散应用程序。

This arrives after the launch of EigenLayer's protocol on Ethereum earlier in the year. EigenLayer's protocol allows those who have staked ETH to take their 'liquid staking tokens' (LSTs) and use them to secure 'Actively Validated Services', or AVSs, which are dApps that lack economic security. In return for restaking, users are rewarded with a portion of the dApp's native tokens, in addition to the rewards they receive for their staked ETH.

在今年早些时候启动Eigenlayer的以太坊协议时，这到达。 Eigenlayer的协议允许那些已将ETH固定的人使用“液体藏有代币”（LST），并使用它们来确保“积极验证的服务”或AVSS，或者是缺乏经济安全的DAPP。作为恢复生产的回报，除了他们对固定的ETH获得的奖励，用户还获得了DAPP本地令牌的一部分。

The Importance of Restaking

重新生产的重要性

When users stake tokens, be it ETH or BTC or something else, those assets generally sit idle in the validator's smart contract, earning rewards while they’re locked up. Restaking was conceived as a way to put those locked tokens back into circulation.

当用户股权代币，无论是ETH还是BTC或其他东西时，这些资产通常都会在验证者的智能合约中闲置，在锁定时会获得奖励。恢复是一种将那些被锁定令牌的人恢复流通的方式。

Essentially, when users stake crypto, they receive a "liquid staking token" as a kind of receipt for their locked tokens. They can then use these LST tokens as they wish – trading them for other tokens, depositing them as collateral for a loan, providing DeFi liquidity, or “restaking” with other protocols.

从本质上讲，当用户赌注加密时，他们会收到一个“液体含有代币”作为锁定令牌的一种收据。然后，他们可以按照自己的意愿使用这些LST令牌 - 将它们交易为其他代币，将其作为贷款的抵押品存放，提供Defi流动性或与其他协议“重新制作”。

The first restaking protocol was EigenLayer on Ethereum, which allows ETH stakers to take their LSTs and use them to secure "Actively Validated Services", which are decentralized applications that lack economic security. In return for restaking, users are rewarded with additional yield. So not only do they earn rewards on their staked ETH, but also rewards for their restaked LSTs.

第一个重新制定的协议是以太坊上的特征莱纳，它允许ETH Stakers采用其LST并使用它们来确保“积极验证的服务”，这些服务是缺乏经济安全的分散申请。作为重新生产的回报，用户将获得额外的收益率。因此，他们不仅可以在其固定的ETH上获得奖励，而且还可以为其休息的LST奖励。

On Ethereum, there are two kinds of restaking – native and liquid. Native restaking is only available to Ethereum validators, who must utilize smart contacts to manage the assets staked on their node. Liquid restaking is for everyone else and involves depositing LSTs with protocols such as EigenLayer.

在以太坊上，有两种重新生产 - 天然和液体。本机重新生产仅适用于以太坊验证者，他们必须利用智能联系人来管理放在节点上的资产。液体重新生产适用于其他所有人，并涉及将LST存放在诸如Eigenlayer等方案中。

On Bitcoin, the main protocol for restaking is called SatLayer, which allows users to restake Bitcoin-based LSTs such as stBTC, LBTC, and FBTC from Babylon and other Bitcoin staking platforms, such as Lorenzo Protocol and Ignition FBTC, and maximize their rewards.

在比特币上，重新生产的主要协议称为Satlayer，该协议允许用户从Babylon和其他比特币铸造平台（例如Lorenzo Protoction and Ignition and Ignition FBTC）重新启动基于比特币的LST，例如STBTC，LBTC和FBTC，并最大程度地提高了它们。

These Bitcoin LSTs are granted to Bitcoin stakers on a one-to-one basis. So if, for example, Dave stakes 10 BTC with Babylon, he’ll receive 10 stBTC in return. He can then take those stBTC tokens and deposit them into secondary markets within the DeFi ecosystem, trade them on an exchange, and now he also has the opportunity to restake them through SatLayer. All the time, Dave's original BTC will remain staked in Babylon's smart contract, earning rewards. It's just that he regains liquidity with the stBTC.

这些比特币的LST是一对一授予比特币Stakers的。因此，例如，如果戴夫（Dave）与巴比伦（Babylon）的戴夫（Dave）赌注10 BTC，他将获得10个STBTC作为回报。然后，他可以将这些STBTC代币拿到Defi生态系统内的二级市场，通过交易所进行交易，现在他也有机会通过Satlayer重新将它们重新归还。戴夫（Dave）的原始BTC始终将保留在巴比伦的智能合约中，并获得奖励。只是他恢复了STBTC的流动性。

SatLayer uses these restaked BTC assets to secure what it calls Bitcoin Validated Services, which are similar to the AVSs supported by EigenLayer on Ethereum. By running a BVS on SatLayer, dApps can tap into the cryptoeconomic security of the Bitcoin blockchain.

Satlayer使用这些已重新播放的BTC资产来确保其所谓的比特币验证的服务，这些服务与Eigenlayer在以太坊上支持的AVSS相似。通过在Satlayer上运行BV，DAPP可以利用比特币区块链的加密经济安全性。

Although it only launched late last year, SatLayer has attracted a significant amount of capital, with more than $283 million in total value locked, according to DeFiLlama.

根据Defillama的数据，尽管它仅在去年年底才推出，但Satlayer吸引了大量资本，总价值超过2.83亿美元。

Maximizing Restaking Rewards

最大化重新恢复奖励

SatLayer is an attractive option for Bitcoin DeFi fans, because it increases the capital efficiency of BTC, enabling them to reinvest staked assets and essentially double the return on investment. By staking BTC on Babylon, investors can earn an APR of 2.3% that’s paid out in the native tokens of the PoS blockchains they secure. In addition, they also earn “Babylon points”, which are currently of limited value but could entitle holders to receive additional crypto via an airdrop in the future.

Satlayer是比特币Defi粉丝的一个有吸引力的选择，因为它提高了BTC的资本效率，使他们能够重新投资储存的资产并从本质上讲是投资回报率的两倍。通过将BTC放在巴比伦上，投资者可以赚取2.3％的APR，这是在他们确保的POS块链的本地代币中支付的。此外，他们还赚取“巴比伦积分”，目前的价值有限，但可以将来通过Airdrop获得额外的加密货币。

When users restake with SatLayer, they gain even more yield on their original staked BTC, maximizing the passive income they generate from their investment while boosting the overall Bitcoin ecosystem. They’ll also earn additional Babylon points because SatLayer was chosen by Babylon as its official restaking partner.

当用户与Satlayer重新使用时，他们的原始固定BTC的收益率更高，从而最大程度地利用了他们从投资中产生的被动收入，同时又增强了整个比特币生态系统。他们还将获得额外的巴比伦积分，因为萨特莱尔被巴比伦选为其官方重新生产伙伴。

The mechanics of restaking can be a bit complicated, but just like regular DeFi, investors can utilize multiple protocols to “farm” increased rewards. SatLayer discusses several rewards farming strategies in a blog post, showing how it’s possible to stake and restake BTC LSTs through protocols including Babylon, Lombard, Ignition FBTC, Solv, Bedrock, PumpBTC, and Lorenzo Protocol to obtain the maximum rewards.

重新生产的机制可能有些复杂，但是就像常规的Defi一样，投资者可以利用多种协议来“养殖”增加奖励。 Satlayer在博客文章中讨论了几种奖励耕作策略，显示如何通过包括巴比伦，Lombard，Lombard，Ignition FBTC，SOLV，SOLV，BADROCK，PAMPROCK，PAMPBTC和LORENZO协议在内的协议来利用和重新启动BTC LST，以获得最大的奖励。

Through its BVS’s, SatLayer solves what is commonly known as the “cold start” problem, where certain kinds of dApps, such as Layer

Satlayer通过其BVS解决了通常称为“冷启动”问题的问题，其中某些类型的Dapp（例如层）