sBTC：架起比特币与 DeFi 和智能合约世界的桥梁

作为去中心化金融 (DeFi) 领域的一项突破性发展，sBTC 已在 Stacks 主网上正式推出，将比特币与 DeFi 和智能合约世界联系起来。

Bitcoin (BTC) is now officially integrated with decentralized finance (DeFi) following the launch of sBTC on the Stacks mainnet. This integration marks a significant milestone in the evolution of the cryptocurrency ecosystem, enabling users to unlock the potential of Bitcoin in DeFi applications while maintaining the security and stability that the Bitcoin network is known for.

随着 sBTC 在 Stacks 主网上线，比特币 (BTC) 现已正式与去中心化金融 (DeFi) 集成。此次集成标志着加密货币生态系统发展的一个重要里程碑，使用户能够释放比特币在 DeFi 应用中的潜力，同时保持比特币网络闻名的安全性和稳定性。

What is sBTC and How Does It Work?

什么是 sBTC 及其工作原理？

sBTC is a new tokenized version of Bitcoin that is built on the Stacks blockchain. Stacks is a layer-2 solution for Bitcoin that enables smart contracts and decentralized applications (dApps) while leveraging Bitcoin’s security and decentralization. By creating sBTC, Stacks has effectively bridged the gap between Bitcoin’s vast liquidity and the rapidly growing DeFi sector, which has largely been built around Ethereum and other blockchain platforms.

sBTC 是比特币的新代币化版本，构建在 Stacks 区块链上。 Stacks 是比特币的第 2 层解决方案，它支持智能合约和去中心化应用程序 (dApp)，同时利用比特币的安全性和去中心化性。通过创建 sBTC，Stacks 有效地弥合了比特币巨大的流动性和快速增长的 DeFi 领域之间的差距，该领域主要是围绕以太坊和其他区块链平台构建的。

The key innovation behind sBTC is its ability to bring Bitcoin to the Stacks blockchain in a trustless and secure manner. Bitcoin holders can lock their BTC on the Bitcoin network, and in return, they receive an equivalent amount of sBTC on the Stacks blockchain. This process allows Bitcoin to be used as collateral for DeFi protocols, enabling users to participate in decentralized lending, borrowing, trading, and other financial services while still maintaining ownership of their Bitcoin.

sBTC 背后的关键创新在于它能够以无需信任且安全的方式将比特币引入 Stacks 区块链。比特币持有者可以将他们的 BTC 锁定在比特币网络上，作为回报，他们在 Stacks 区块链上收到等量的 sBTC。这一过程允许比特币用作 DeFi 协议的抵押品，使用户能够参与去中心化借贷、借贷、交易和其他金融服务，同时仍然保留其比特币的所有权。

The launch of sBTC opens up a new frontier for Bitcoin holders, allowing them to gain exposure to DeFi applications without having to move their assets away from the Bitcoin blockchain or rely on centralized exchanges.

sBTC 的推出为比特币持有者开辟了一个新领域，使他们能够接触 DeFi 应用，而无需将资产移出比特币区块链或依赖中心化交易所。

Key Features of sBTC on Stacks

堆栈上 sBTC 的主要特性

Trustless BTC to sBTC Peg: The creation and redemption of sBTC are handled entirely on-chain in a trustless manner, ensuring that users maintain complete control over their assets throughout the process.

去信任的 BTC 与 sBTC 挂钩：sBTC 的创建和赎回完全以去信任的方式在链上处理，确保用户在整个过程中保持对其资产的完全控制。

Fast and Scalable Transactions: Transactions involving sBTC on the Stacks blockchain are processed quickly and efficiently, thanks to the Stacks blockchain's high throughput capacity.

快速且可扩展的交易：由于 Stacks 区块链的高吞吐能力，涉及 Stacks 区块链上 sBTC 的交易可以快速高效地处理。

Secure and Decentralized: Inheriting the properties of both Bitcoin and Stacks, sBTC benefits from the unparalleled security and decentralization provided by these networks.

安全和去中心化：sBTC 继承了比特币和 Stacks 的特性，受益于这些网络提供的无与伦比的安全性和去中心化性。

The Impact of sBTC on Bitcoin’s Role in DeFi

sBTC 对比特币在 DeFi 中的作用的影响

For years, Bitcoin has been viewed primarily as a store of value or a medium of exchange. While its decentralized and secure nature has made it a popular asset for long-term investment, Bitcoin has not been widely used in the world of DeFi, which has been dominated by other blockchain platforms like Ethereum. The launch of sBTC on the Stacks mainnet changes that dynamic, enabling Bitcoin to be actively involved in the DeFi ecosystem.

多年来，比特币主要被视为一种价值储存手段或一种交换媒介。虽然比特币的去中心化和安全性使其成为长期投资的热门资产，但比特币尚未在 DeFi 领域得到广泛应用，该领域一直由以太坊等其他区块链平台主导。 Stacks 主网上 sBTC 的推出改变了这种动态，使比特币能够积极参与 DeFi 生态系统。

This integration is especially important because it brings liquidity from the largest cryptocurrency, Bitcoin, into the DeFi space, which has often struggled with limited capital compared to traditional financial markets. With sBTC, Bitcoin holders can now participate in decentralized lending and borrowing markets, yield farming, and liquidity provision in ways that were previously not possible.

这种整合尤为重要，因为它将最大的加密货币比特币的流动性引入了 DeFi 领域，与传统金融市场相比，该领域经常因资本有限而陷入困境。借助 sBTC，比特币持有者现在可以以以前不可能的方式参与去中心化借贷市场、流动性耕作和流动性供应。

Furthermore, the growing interest in DeFi could encourage more Bitcoin holders to explore decentralized applications, helping to drive adoption of Stacks and other Bitcoin-layer solutions. As more users embrace DeFi and decentralized applications, it could further solidify Bitcoin’s role as a key player in the broader blockchain ecosystem.

此外，人们对 DeFi 的兴趣日益浓厚，可能会鼓励更多的比特币持有者探索去中心化应用程序，从而有助于推动 Stacks 和其他比特币层解决方案的采用。随着越来越多的用户接受 DeFi 和去中心化应用程序，它可以进一步巩固比特币作为更广泛的区块链生态系统中关键参与者的角色。

Looking Ahead: The Future of Bitcoin and DeFi

展望未来：比特币和 DeFi 的未来

The launch of sBTC on the Stacks mainnet is just the beginning of what promises to be a transformative period for both Bitcoin and decentralized finance. With sBTC providing a direct bridge between Bitcoin and the DeFi world, it’s likely that we’ll see a surge in innovative DeFi protocols and applications that are built specifically to leverage the liquidity and security of Bitcoin.

sBTC 在 Stacks 主网上的推出只是比特币和去中心化金融变革时期的开始。随着 sBTC 在比特币和 DeFi 世界之间架起一座直接桥梁，我们很可能会看到专门为利用比特币的流动性和安全性而构建的创新 DeFi 协议和应用程序的激增。

Moreover, the success of sBTC could inspire further innovation in the cryptocurrency space. Other projects may look to create similar solutions that bring assets from established blockchains like Bitcoin and Ethereum into the world of decentralized finance, expanding the utility of these assets and enhancing their overall value proposition.

此外，sBTC 的成功可能会激发加密货币领域的进一步创新。其他项目可能会寻求创建类似的解决方案，将比特币和以太坊等现有区块链的资产带入去中心化金融世界，扩大这些资产的效用并增强其整体价值主张。

For now, sBTC’s launch marks an important step in the maturation of DeFi and the broader blockchain ecosystem. By integrating Bitcoin, the world’s largest and most established cryptocurrency, into DeFi, sBTC is helping to pave the way for the next generation of financial services that are more inclusive, secure, and decentralized.

目前，sBTC的推出标志着DeFi和更广泛的区块链生态系统走向成熟的重要一步。通过将世界上最大、最成熟的加密货币比特币整合到 DeFi 中，sBTC 正在帮助为更具包容性、安全性和去中心化的下一代金融服务铺平道路。