比特幣原生 DeFi 將重塑比特幣作為多功能資產

比特幣原生的去中心化金融（DeFi），或稱為 BTCFi，旨在增強比特幣的多功能性和收益產生能力。隨著像 Stacks 這樣的比特幣 L2 網路能夠降低交易成本並創建智慧合約，BTCFi 正在獲得越來越多的關注。 Stacks 的 Andre Serrano 預測，由於比特幣 DeFi 用例的巨大成長潛力，比特幣 L2 的市場可能會超過以太坊 L2 的市場。

Bitcoin-Native DeFi Poised to Transform Bitcoin into a Multifaceted Asset

比特幣原生 DeFi 準備將比特幣轉變為多面資產

Amidst the impending Bitcoin halving, the emergence of Bitcoin decentralized finance (DeFi) promises to unlock unprecedented potential for the world's first blockchain network.

在比特幣減半即將到來之際，比特幣去中心化金融（DeFi）的出現有望為世界上第一個區塊鏈網路釋放前所未有的潛力。

Andre Serrano, product and partnership manager at Stacks, envisions a future where Bitcoin, currently valued at $1.2 trillion, transcends its role as a store of value to become a dynamic asset with income-generating capabilities. "The opportunity for protocols and layer-2s to make Bitcoin a productive asset is enormous," he told Cointelegraph in an exclusive interview.

Stacks 產品和合作夥伴經理 Andre Serrano 設想，未來比特幣（目前價值 1.2 兆美元）將超越其作為價值儲存手段的角色，成為具有創收能力的動態資產。 「協議和第 2 層使比特幣成為生產性資產的機會是巨大的，」他在一次獨家採訪中告訴 Cointelegraph。

BTCFi, a nascent development, aims to bring decentralized financial services to the Bitcoin blockchain. Its adoption has been rapid, with Serrano predicting that the market for Bitcoin layer-2 networks could surpass that of Ethereum layer-2s in the coming years.

BTCFi 是一項新興開發項目，旨在將去中心化金融服務引入比特幣區塊鏈。它的採用速度很快，Serrano 預測比特幣第 2 層網路的市場可能在未來幾年超過以太坊第 2 層網路。

"Layer-2s expand the design possibilities for what's feasible with Bitcoin," he explained. "Over time, I expect the market for Bitcoin L2s to rival and even exceed that of Ethereum L2s."

「Layer-2 擴展了比特幣可行的設計可能性，」他解釋道。 “隨著時間的推移，我預計比特幣 L2 的市場將與以太坊 L2 競爭甚至超過。”

Serrano's optimism is bolstered by the strong investor demand for BTCFi. MerlinSwap, a decentralized exchange, raised an impressive 6,599 Bitcoin, worth approximately $480 million, through its initial DEX offering (IDO) in April. The IDO attracted over 52,000 participants.

投資者對 BTCFi 的強勁需求增強了 Serrano 的樂觀態度。 MerlinSwap 是一家去中心化交易所，透過 4 月的首次 DEX 發行（IDO）籌集了令人印象深刻的 6,599 比特幣，價值約 4.8 億美元。 IDO 吸引了超過 52,000 名參與者。

Layer-2 networks play a pivotal role in BTCFi by facilitating low-cost transactions and enabling novel use cases on the Bitcoin blockchain. Stacks, for instance, allows for the creation of smart contracts on the Bitcoin network.

第 2 層網路透過促進低成本交易並在比特幣區塊鏈上實現新穎的用例，在 BTCFi 中發揮關鍵作用。例如，Stacks 允許在比特幣網路上建立智慧合約。

Serrano emphasized the critical importance of L2s for Bitcoin, arguing that they are more vital than for Ethereum, which already possesses native smart contract functionality. L2s are indispensable for scaling the Bitcoin network and overcoming its current transaction limitations.

Serrano 強調了 L2 對比特幣的重要性，認為它們比以太坊更重要，後者已經擁有原生智慧合約功能。 L2 對於擴展比特幣網路和克服當前的交易限制是不可或缺的。

He identified "low-hanging fruits" for enhancing Bitcoin's productivity, including the introduction of yield-generating capabilities and lending protocols.

他指出了提高比特幣生產力的“唾手可得的成果”，包括引入產生收益的能力和借貸協議。

Other market players share Serrano's enthusiasm for Bitcoin-native DeFi. Nash Lee, co-founder of MerlinSwap, believes that at its current adoption rate, BTCFi could match the innovation of Ethereum DeFi.

其他市場參與者與 Serrano 一樣對比特幣原生 DeFi 充滿熱情。 MerlinSwap 聯合創始人 Nash Lee 認為，以目前的採用率，BTCFi 可以與以太坊 DeFi 的創新相媲美。

"The market demands expandable platforms that can accommodate growing volumes and expectations," Lee told Cointelegraph. "DeFi is uniquely positioned to fulfill this need, providing a robust ecosystem for Bitcoin's evolving applications. This dynamic paves the way for Bitcoin DeFi to potentially equal or even surpass the innovation witnessed in Ethereum's DeFi ecosystem."

「市場需要可擴展的平台，以適應不斷增長的數量和期望，」Lee 告訴 Cointelegraph。 「DeFi 在滿足這一需求方面具有獨特的優勢，為比特幣不斷發展的應用程式提供了一個強大的生態系統。這種動態為比特幣DeFi 可能等於甚至超越以太坊DeFi 生態系統所見證的創新鋪平了道路。

The upcoming Bitcoin halving, a reduction in the block reward for miners, has the potential to further catalyze the growth of Bitcoin-native DeFi. As the supply of new Bitcoins dwindles, investors may seek alternative ways to generate returns on their assets.

即將到來的比特幣減半，即礦工區塊獎勵的減少，有可能進一步促進比特幣原生 DeFi 的成長。隨著新比特幣供應量的減少，投資者可能會尋求其他方式來為其資產帶來回報。

In conclusion, Bitcoin decentralized finance is poised to transform Bitcoin into a more versatile asset with yield-generating capabilities, expanded use cases, and enhanced scalability. The upcoming Bitcoin halving could accelerate this transformation, making BTCFi a compelling investment opportunity for savvy investors.

總之，比特幣去中心化金融可望將比特幣轉變為一種更通用的資產，具有產生收益的能力、擴大的用例和增強的可擴展性。即將到來的比特幣減半可能會加速這一轉變，使 BTCFi 對於精明的投資者來說成為一個引人注目的投資機會。