sBTC 首次登陆 Stacks 主网，标志着可编程比特币的新时代

sBTC 旨在释放比特币 (BTC) 的流动性，是在 Stacks 于 8 月底启动中本聪升级之后推出的。

Bitcoin (BTC)-related decentralized finance (DeFi) protocols are set to witness a surge in activity following the mainnet launch of a programmable 1:1 Bitcoin-backed asset, dubbed sBTC.

在主网推出可编程 1:1 比特币支持资产（称为 sBTC）后，与比特币 (BTC) 相关的去中心化金融 (DeFi) 协议的活动将会激增。

Announced by Bitcoin L2 Labs, the core development team behind Stacks (CRYPTO:STX), on Monday, the launch of sBTC marks a major step toward building an on-chain Bitcoin economy.

Stacks（CRYPTO：STX）背后的核心开发团队 Bitcoin L2 Labs 周一宣布，sBTC 的推出标志着朝着构建链上比特币经济迈出的重要一步。

The development comes after the delivery of faster transactions and 100% Bitcoin finality to the Stacks network with the Nakamoto Upgrade in October.

这一进展是在 10 月份通过 Nakamoto 升级向 Stacks 网络提供更快的交易和 100% 比特币最终确定性之后实现的。

For the broader Bitcoin community, the launch of sBTC signals a new era of programmable Bitcoin, enabling the world’s most secure blockchain to participate actively in DeFi.

对于更广泛的比特币社区来说，sBTC 的推出标志着可编程比特币的新时代的到来，使世界上最安全的区块链能够积极参与 DeFi。

Designed to Unfold Broad DeFi Opportunities

旨在释放广泛的 DeFi 机会

The launch of sBTC follows Stacks initiating the Nakamoto Upgrade in late August, and it is designed to unlock Bitcoin (BTC) liquidity.

sBTC 的推出是在 Stacks 于 8 月底启动中本聪升级之后推出的，旨在释放比特币 (BTC) 的流动性。

The development will enable BTC holders to access DeFi opportunities while retaining Bitcoin’s unmatched security principles.

这一进展将使 BTC 持有者能够获得 DeFi 机会，同时保留比特币无与伦比的安全原则。

Specifically, users can engage in DeFi applications, such as lending and borrowing on protocols like Zest, decentralized exchanges (DEXs) like Bitflow and ALEX, or even AI-based tools like aiBTC.

具体来说，用户可以参与 DeFi 应用，例如在 Zest 等协议上进行借贷，Bitflow 和 ALEX 等去中心化交易所（DEX），甚至 aiBTC 等基于人工智能的工具。

“Unlike locking BTC in proof-of-stake systems, sBTC is fully expressive and enables an on-chain Bitcoin economy. It can power decentralized lending, DEXs, AI bots, and more while inheriting 100% Bitcoin hash power security,” said Muneeb Ali, Stacks founder, in a press release shared with BeInCrypto.

“与将 BTC 锁定在权益证明系统中不同，sBTC 具有充分的表现力，可以实现链上比特币经济。它可以为去中心化借贷、DEX、人工智能机器人等提供动力，同时继承 100% 的比特币算力安全性。”Stacks 创始人 Muneeb Ali 在与 BeInCrypto 分享的新闻稿中表示。

Key Features of sBTC: A Closer Look

sBTC 的主要特点：仔细观察

Among the key features of sBTC is a 1:1 Bitcoin backing, where the pioneer crypto fully collateralizes each sBTC token.

sBTC 的主要特点之一是 1:1 的比特币支持，先锋加密货币完全抵押每个 sBTC 代币。

Secondly, there is the institutional signer network, which reduces reliance on single entities, thereby enhancing trust.

其次，机构签名者网络减少了对单一实体的依赖，从而增强了信任。

Additionally, sBTC has 100% Bitcoin finality, which means it is secured by Bitcoin hash power, ensuring strong security. Furthermore, the product has transparent, open-source code, which offers transparency and verifiability for developers and users.

此外，sBTC 具有 100% 比特币最终确定性，这意味着它受到比特币算力的保护，确保了强大的安全性。此外，该产品具有透明的开源代码，为开发人员和用户提供透明度和可验证性。

However, the current mainnet phase introduces deposit-only functionality, which is capped at 1,000 BTC.

然而，当前的主网阶段引入了仅限存款功能，上限为 1,000 BTC。

Despite this limitation, the cap will provide initial liquidity for developers and enable further integrations with institutional custodians and ecosystem partners.

尽管存在这一限制，该上限仍将为开发者提供初始流动性，并实现与机构托管人和生态系统合作伙伴的进一步整合。

According to the press release, withdrawals will only become available in Q1 2025 as the system transitions toward a fully open, permissionless signer set.

根据新闻稿，随着系统向完全开放、无需许可的签名者集过渡，提款将在 2025 年第一季度开放。

Depositors will also earn annual rewards of up to 5% in sBTC for holding the asset, presenting a unique yield opportunity for Bitcoin holders.

持有该资产的储户还将获得高达 5% 的 sBTC 年度奖励，这为比特币持有者提供了独特的收益机会。

Bringing Bitcoin Closer to DeFi Dominance

让比特币更接近 DeFi 的主导地位

Meanwhile, sBTC’s launch is poised to propel Bitcoin closer to Ethereum’s dominance in the DeFi space.

与此同时，sBTC 的推出有望推动比特币进一步接近以太坊在 DeFi 领域的主导地位。

While Ethereum boasts a total value locked (TVL) approaching $80 billion, according to DefiLlama data, Bitcoin is fast approaching after flipping Binance Smart Chain (BSC).

根据 DefiLlama 的数据，虽然以太坊的总锁定价值 (TVL) 接近 800 亿美元，但比特币在翻转币安智能链 (BSC) 后正在快速逼近。

The successful rollout of sBTC sets the foundation for a stronger Bitcoin Layer-2 ecosystem. The gradual lifting of the BTC cap, the introduction of withdrawals, and the transition toward a permissionless signer network could drive further adoption.

sBTC 的成功推出为更强大的比特币 Layer-2 生态系统奠定了基础。比特币上限的逐步取消、提款的引入以及向无需许可的签名者网络的过渡可能会推动进一步的采用。

With sBTC Bitcoin is no longer just a store of value but a versatile asset for decentralized applications (dApps).

有了 sBTC，比特币不再只是一种价值储存手段，而是一种去中心化应用程序 (dApp) 的多功能资产。

“With sBTC, Bitcoin becomes highly capable beyond a store of value, unlocking the full potential of BTC in decentralized applications,” Andre Serrano, Head of Product at Bitcoin L2 Labs, emphasized.

比特币 L2 实验室产品主管安德烈·塞拉诺 (Andre Serrano) 强调：“通过 sBTC，比特币变得超越了价值存储，从而释放了 BTC 在去中心化应用中的全部潜力。”

The development also enhances opportunities for DeFi builders. Zest Protocol, for instance, allows users to earn additional rewards while holding sBTC.

这一发展还增加了 DeFi 建设者的机会。例如，Zest Protocol 允许用户在持有 sBTC 的同时获得额外奖励。

“Earn more Zest points. Just holding sBTC gives users a 5% yield, thanks to the Stacks rewards program. With Zest, users can supercharge their yield with sBTC,” the platform noted.

“赚取更多热情积分。得益于 Stacks 奖励计划，仅持有 sBTC 即可让用户获得 5% 的收益。借助 Zest，用户可以通过 sBTC 大幅提高收益。”该平台指出。

As Bitcoin capital flows into DeFi protocols, builders, developers, and users will benefit from enhanced liquidity and innovative financial tools.

随着比特币资本流入 DeFi 协议，构建者、开发者和用户将受益于增强的流动性和创新的金融工具。