多元化比特币在Defi中的利用

传统上，比特币被认为是价值存储，而不是分散融资（DEFI）的活跃参与者。

Key Takeaways:

关键要点：

Diversifying Bitcoin’s Utilization in DeFi

多元化比特币在Defi中的利用

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

传统上，比特币被认为是价值存储，而不是分散融资（DEFI）的活跃参与者。

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.

与以太坊可以执行智能合约和广泛的DEFI应用程序不同，比特币的体系结构历来使其无法进入此空间。

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在堆栈上的Perpdex发布正在重写该剧本。通过引入比特币本地的永久性交易所，Velar使交易者能够在比特币网络上以杠杆和永久性合同进行交易。

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.

这是比特币财务用例的改变游戏规则，使其可以直接与基于以太坊的Defi平台（如DyDX和GMX）进行竞争。

Velar PerpDEX on Stacks – Bitcoin DeFi Trading Interface

堆栈上的Velar Perpdex - 比特币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.

与要求用户信任第三方的集中交易平台不同，Velar的Perpdex是链子上的，使用户能够在利用比特币安全性的同时保持对其资产的完全控制。

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使用堆栈（STX）（Bitcoin Layer-2网络）启用智能合约功能，而无需更改比特币的基础层。该第2层解决方案可确保交易是：

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.

该平台还提供流动性池，使用户可以通过向杠杆交易者提供流动性来存入比特币以赚取收益率。该模型扩大了资本效率和交易量，因此比特币的生态系统更加活跃。

The Significance of Velar’s Launch to Bitcoin DeFi

Velar推出比特币Defi的意义

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推出是比特币野心野心的重要基准。到目前为止，比特币的DEFI用户群主要限于以太坊或早期贷款协议（如Sovryn）在以太坊上包裹的令牌（包装比特币）。

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证明了比特币能够支持复杂的Defi应用程序，而无需包装或桥接其他网络。这可以：

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.

由于以太坊统治了Defi，比特币进入该空间的进入是逐渐的。但是，像Velar这样的项目现在正在为一波以比特币为主导的分散融资奠定了基础。

Challenges and the Road Ahead

挑战和前进的道路

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

尽管具有潜力，但Velar的Perpdex和Bitcoin的更广泛的挑战现象都面临着一些挑战：

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，这就是说，随着基于比特币的分散交易和金融服务的需求不断增长，Velar的Perpdex可能标志着比特币在Defi中的不同事物的开始。