Babylon比特幣質押計畫揭曉，開創加密貨幣領域新先例

這項策略允許用戶在保留託管權的同時質押比特幣，從而提供了一種在不放棄控制權的情況下利用 1.2 兆美元資產的變革性方式。

Bitcoin (BTC) derivatives platform Babylon has unveiled a new initiative, setting the stage for a round of speculation in the crypto sector. The project has introduced a Bitcoin staking program, offering a novel way to utilize the massive $1.2 trillion asset.

比特幣（BTC）衍生性商品平台Babylon推出了一項新舉措，為加密貨幣領域的一輪投機奠定了基礎。該項目引入了比特幣質押計劃，為利用這一價值 1.2 兆美元的巨額資產提供了一種新穎的方式。

The strategy allows users to stake Bitcoin while retaining custody, marking a significant departure from the usual practice. This approach could potentially unlock new avenues for utilizing the leading cryptocurrency, which has largely remained inert due to its Proof of Work (PoW) consensus mechanism.

該策略允許用戶在保留託管權的同時抵押比特幣，這與通常的做法有很大不同。這種方法可能會為利用領先的加密貨幣開闢新的途徑，由於其工作量證明（PoW）共識機制，這種加密貨幣在很大程度上保持惰性。

Babylon Commences Bitcoin Staking

巴比倫開始比特幣質押

The initial phase of the staking process involves submitting transactions to the Bitcoin blockchain. These transactions activate a self-custodial staking script that securely locks the designated BTC.

質押過程的初始階段涉及將交易提交到比特幣區塊鏈。這些交易會啟動一個自我託管的質押腳本，該腳本可以安全地鎖定指定的 BTC。

Importantly, stakers delegate their Proof of Stake (PoS) voting power rather than the BTC to a chosen finality provider. Consequently, this arrangement enables users to participate in PoS consensus mechanisms on other chains, like Ethereum and Avalanche, potentially securing $120 billion if 10% of Bitcoin’s supply is staked.

重要的是，質押者將其權益證明 (PoS) 投票權而不是 BTC 委託給選定的最終確定性提供者。因此，這種安排使用戶能夠參與以太坊和 Avalanche 等其他鏈上的 PoS 共識機制，如果抵押 10% 的比特幣供應量，則可能獲得 1,200 億美元的收益。

The project has set staking limits that range from 0.005 BTC to 0.05 BTC. Through the limit, Babylon aims to prevent large holders from dominating the process.

該專案設定了 0.005 BTC 到 0.05 BTC 的質押限額。透過限制，Babylon 旨在防止大持有者主導這一過程。

“This intentionally small maximum is meant to encourage broad participation. It ensures that the entire cap will need at least a few Bitcoin blocks worth of staking transactions to fill. This prevents a single entity from buying out one Bitcoin block and taking the entire cap, squeezing everyone else out in the process,” Babylon explained.

「故意設定較小的上限是為了鼓勵廣泛參與。它確保整個上限至少需要幾個比特幣區塊的質押交易來填充。這可以防止單個實體買斷一個比特幣區塊並拿走整個上限，從而在此過程中將其他所有人擠出去，」Babylon 解釋道。

The staking protocol incorporates a time lock of about 15 months, equivalent to 64,000 Bitcoin blocks. Stakers can unbind their stakes before expiration through a 1008-block unbinding period, which adds flexibility and liquidity to the process.

該質押協議包含約 15 個月的時間鎖定，相當於 64,000 個比特幣區塊。質押者可以在到期前透過 1008 個區塊的解綁期解綁其質押，這增加了流程的靈活性和流動性。

During this phase, there are no direct staking rewards since the PoS (Proof of Stake) chain is not active yet. Instead, Babylon has implemented a point system to track and reward user activity. However, due to regulatory constraints, users from the US, UK, and EU may be ineligible to earn points.

在此階段，由於 PoS（權益證明）鏈尚未激活，因此沒有直接的質押獎勵。相反，Babylon 實施了積分系統來追蹤和獎勵用戶活動。然而，由於監管限制，來自美國、英國和歐盟的用戶可能沒有資格賺取積分。

“This is going to be the next major airdrop farming event after EigenLayer,” on-chain analyst Hitesh Malviya said.

「這將是繼 EigenLayer 之後的下一個重大空投挖礦活動，」鏈上分析師 Hitesh Malviya 表示。

Anticipation Builds for Potential Airdrops

對潛在空投的預期增強

Indeed, speculation about potential airdrops is growing, especially since Babylon’s approach resembles platforms like EigenLayer. However, users need to be aware of certain legal descriptions from Babylon.

事實上，關於潛在空投的猜測越來越多，特別是因為 Babylon 的方法類似於 EigenLayer 等平台。然而，用戶需要了解巴比倫的某些法律描述。

“Points are not, and may never convert to, accrue to, be used as basis to calculate, or become any tokens or other digital assets. Points are virtual items with no monetary value,” Babylon warned.

「積分不會、也可能永遠不會轉換、累積、用作計算基礎或成為任何代幣或其他數位資產。積分是沒有貨幣價值的虛擬物品，」巴比倫警告。

Meanwhile, shortly after the announcement of the launch, Babylon staking reached its maximum capacity of 1,000 BTC. Although this cap is temporary, it highlights the enthusiastic market response and sets the stage for possible expansions in future phases.

同時，在宣布推出後不久，Babylon 質押就達到了 1,000 BTC 的最大容量。儘管這一上限是暫時的，但它凸顯了市場的熱烈反應，並為未來階段可能的擴張奠定了基礎。