Bybit已與Lending Protocent Avalon合作，為其用戶提供比特幣產量。

根據4月14日的Avalon Labs X公告，集中式分散融資（CEDEFI）協議現在將成為交易所的一部分

Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users.

Crypto Exchange Bybit已與Lending Protocent Avalon合作，向其用戶提供比特幣產量。

According to an April 14 Avalon Labs X announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon said it will allow the platform’s users to earn yield from Bitcoin (BTC) by arbitrating on its fixed-rate institutional borrowing layer.

根據4月14日的Avalon Labs X公告，集中式分散融資（CEDEFI）協議現在將成為交易所收益產品Bybit Earn的一部分。 Avalon表示，它將允許平台的用戶通過在其固定利率機構借貸層進行仲裁，從比特幣（BTC）賺取收益。

Source: Avalon Labs

資料來源：阿瓦隆實驗室

Avalon Labs announced in March that it raised a minimum of $2 billion worth of credit with possible scaling as the need arises. The product allows institutional borrowers to access USDt (USDT) liquidity without liquidating their Bitcoin holdings at a fixed 8% borrowing cost.

阿瓦隆實驗室（Avalon Labs）在三月份宣布，它至少籌集了價值20億美元的信用，隨著需要而可能進行擴展。該產品允許機構借款人以固定的8％借貸成本清算其比特幣持有量，而無需清算其比特幣持有量。

In February, Avalon Labs also announced it was considering issuing a Bitcoin-backed debt-focused public fund. Venus Li, co-founder of Avalon Labs, said at the time that the fund could be issued by leveraging a Regulation A US securities exception:

2月，Avalon Labs還宣布正在考慮發行以比特幣支持的債務公共基金。阿瓦隆實驗室聯合創始人維納斯·李（Venus Li）當時表示，可以通過利用法規美國證券例外來發行該基金：

Centralized and decentralized finance unite

集中和分散的財務團結

Avalon Labs’ product is a CeDeFi protocol, somewhere between decentralized finance (DeFi) and centralized finance (CeFi). This product category — with increased control over capital flows and access — often has advantages in meeting regulatory requirements for integrating with CeFi platforms.

Avalon Labs的產品是CEDEFI方案，位於分散融資（FAFI）和集中式融資（CEFI）之間。該產品類別（隨著資本流量和訪問權限的控制）通常在滿足與CEFI平台集成的監管要求方面具有優勢。

The Bybit Earn integration leverages Avalon Labs’ 1:1 Bitcoin-pegged token FBTC, developed by DeFi protocol Mantle and Bitcoin-centric crypto developer Antalpha Prime. These tokens are then bridged onto Ethereum and other blockchains.

BYBIT賺取的集成利用Avalon Labs的1：1比特幣 - 釘令牌FBTC，由Defi Protocol Mantle和以比特幣為中心的Crypto開發人員Antalpha Prime開發。然後將這些令牌橋接到以太坊和其他區塊鏈上。

Related: Ethena Labs, Securitize launch blockchain for DeFi and tokenized assets

相關：Ethena Labs，用於DEFI和令牌資產的證券化發射區塊鏈

A multi-protocol system

多協議系統

Avalon Labs’ platform accepts FBTC as collateral and lends it at fixed rates. The borrowed USDt stablecoin is then deployed to high-yield strategies through the Ethena Labs synthetic dollar protocol. The assets employed in those strategies include Ethena USD (USDe) and Ethena Staked USD (sUSDE). The announcement claims:

Avalon Labs的平台接受FBTC作為抵押品，並以固定的價格借出。然後，借用的USDT Stablecoin通過Ethena Labs合成美元協議將其部署到高產策略中。這些策略中採用的資產包括Ethena USD（USDE）和Ethena Stibaked USD（SUSDE）。公告聲明：

In other words, Avalon Labs serves as a bridge between Bybit and the yield-earning potential of Etena Labs’ protocol. Avalon Labs describes this as a “CeFi to DeFi” bridge.

換句話說，Avalon Labs充當Bybit和Etena Labs方案的賺錢潛力之間的橋樑。 Avalon Labs將其描述為“ CEFI到Defi”橋樑。

The news follows Etena raising $100 million in late February to deploy a new blockchain and launch a token focused on traditional finance. In January, Etena also announced plans to roll out iUSDe, a product identical to USDe but designed for regulated financial institutions.

該消息是在2月下旬籌集了1億美元的埃納（Etena）籌集了1億美元，以部署新的區塊鏈，並啟動著專注於傳統金融的代幣。一月份，埃娜（Etena）還宣布了計劃推出IUSDE，這是一種與USDE相同的產品，但專為受監管的金融機構而設計。

Bybit did not respond to Cointelegraph’s inquiries by publication.

Bybit沒有通過出版對Cointelegraph的詢問做出回應。