Lido 和 BadgerDAO 推出革命性的零费用贷款比特币借贷解决方案

BadgerDAO 是比特币 DeFi 领域的领导者，已与以太坊上的流动质押提供商 Lido 合作。此次合作推出了 eBTC，这是一种创新系统，允许用户无需利息、还款或启动费即可获得贷款。 eBTC 利用 Lido 质押的以太坊抵押品来产生质押奖励，提供具有成本效益的借贷选项，同时消除对跨链桥梁的需求，并引入可定制的抵押比率和清算机制。

Innovative Partnership Enhances Bitcoin Borrowing with Zero-Fee Loans

创新合作伙伴关系通过零费用贷款增强比特币借贷

Introduction

介绍

BadgerDAO, a leading player in the Bitcoin (BTC) decentralized finance (DeFi) sector, has forged a strategic partnership with Lido, a reputable provider of liquid staking solutions on the Ethereum network. This collaboration has resulted in the launch of a groundbreaking eBTC system, offering users unparalleled benefits in the realm of crypto borrowing.

BadgerDAO 是比特币 (BTC) 去中心化金融 (DeFi) 领域的领先参与者，已与以太坊网络上流动质押解决方案的知名提供商 Lido 建立了战略合作伙伴关系。此次合作推出了突破性的 eBTC 系统，为用户在加密借贷领域提供了无与伦比的好处。

Zero-Fee Loan Mechanism

零费用贷款机制

The eBTC system revolutionizes Bitcoin borrowing by introducing a unique mechanism that eliminates interest, repayment, and initiation fees. This innovative approach leverages the Ethereum collateral staked with Lido to generate staking rewards, effectively subsidizing the borrowing costs for users. As a result, eBTC offers a highly cost-efficient borrowing solution for those seeking liquidity without the burden of traditional loan costs.

eBTC 系统通过引入消除利息、还款和启动费用的独特机制彻底改变了比特币借贷。这种创新方法利用 Lido 质押的以太坊抵押品来产生质押奖励，有效补贴用户的借贷成本。因此，eBTC 为那些寻求流动性且无需承受传统贷款成本负担的人提供了一种极具成本效益的借贷解决方案。

Enhanced Asset Collateralization

增强资产抵押

The eBTC protocol enhances existing wrapped Bitcoin assets by utilizing staked ETH (stETH) from Lido. This approach not only reinforces the security of the system but also eliminates the need for cross-chain bridges, which have been identified as potential vulnerability points. Additionally, eBTC provides users with customizable collateralization ratios, allowing them to tailor their borrowing needs accordingly.

eBTC 协议通过利用 Lido 质押的 ETH (stETH) 来增强现有的打包比特币资产。这种方法不仅增强了系统的安全性，而且消除了对跨链桥的需要，跨链桥已被确定为潜在的漏洞点。此外，eBTC 为用户提供可定制的抵押比率，使他们能够相应地调整自己的借贷需求。

Risk Management Mechanisms

风险管理机制

To safeguard the stability of the eBTC system, stringent risk management mechanisms have been implemented. If the collateral value dips below a predefined threshold of 110%, the protocol automatically triggers a liquidation process to protect against potential losses. This proactive approach ensures the integrity of the system and minimizes the risks associated with price fluctuations.

为了保障eBTC系统的稳定性，实施了严格的风险管理机制。如果抵押品价值低于预定义阈值 110%，协议会自动触发清算流程以防止潜在损失。这种主动的方法确保了系统的完整性，并最大限度地降低了与价格波动相关的风险。

Incentive Program for Early Adopters

早期采用者激励计划

To foster early engagement with the eBTC platform, Lido's Liquidity Observation Lab (LOL) is offering a generous incentive program. Early adopters of eBTC will be rewarded with additional stETH, distributed fee-free, further enhancing the cost savings associated with borrowing.

为了促进 eBTC 平台的早期参与，Lido 的流动性观察实验室 (LOL) 提供了慷慨的激励计划。 eBTC 的早期采用者将获得免费分配的额外 stETH 奖励，进一步节省与借贷相关的成本。

Industry Dominance and Collaboration

行业主导与协作

Lido maintains a commanding presence in the Ethereum staking landscape, boasting a total value locked (TVL) of $35.12 billion, according to DeFi Llama data. BadgerDAO, on the other hand, leads the Bitcoin DeFi sector, with over $3.5 billion in BTC deposits. The partnership between these industry leaders combines their expertise and resources to create an unparalleled borrowing solution.

根据 DeFi Llama 的数据，Lido 在以太坊质押领域保持着主导地位，其锁定总价值（TVL）为 351.2 亿美元。另一方面，BadgerDAO 引领比特币 DeFi 领域，拥有超过 35 亿美元的 BTC 存款。这些行业领导者之间的合作伙伴关系结合了他们的专业知识和资源，创造了无与伦比的借贷解决方案。

Defi Ecosystem Considerations

Defi 生态系统注意事项

Despite the innovative nature of eBTC, it is crucial to acknowledge the inherent challenges and risks associated with synthetic stablecoins and the broader DeFi ecosystem. Regulatory ambiguity, counterparty risk, and market volatility remain key considerations for users. Additionally, the DeFi market has witnessed vulnerabilities such as smart contract exploits and market manipulations, highlighting the importance of due diligence and risk management.

尽管 eBTC 具有创新性，但认识到与合成稳定币和更广泛的 DeFi 生态系统相关的固有挑战和风险至关重要。监管模糊性、交易对手风险和市场波动仍然是用户考虑的关键因素。此外，DeFi 市场还存在智能合约漏洞和市场操纵等漏洞，凸显了尽职调查和风险管理的重要性。

Conclusion

结论

The partnership between BadgerDAO and Lido represents a significant advancement in the Bitcoin DeFi space. The eBTC system offers users a compelling borrowing alternative by eliminating interest charges and introducing enhanced collateralization mechanisms. However, it is prudent for users to remain informed about the potential risks associated with DeFi and to conduct thorough research before engaging with any platform.

BadgerDAO 和 Lido 之间的合作代表了比特币 DeFi 领域的重大进步。 eBTC 系统通过消除利息费用并引入增强的抵押机制，为用户提供了一种引人注目的借贷选择。然而，谨慎的做法是，用户应随时了解与 DeFi 相关的潜在风险，并在使用任何平台之前进行彻底的研究。