2025年5月23日，加密貸款人Ledn確認它將停止支持以太坊（ETH），並完全轉移到僅比特幣的貸款模型。此舉將於2025年7月1日生效，並作為簡化服務和最小化風險的更廣泛戰略的一部分。

2025年5月23日，加密貸款人Ledn確認它將停止支持以太坊（ETH），並完全轉移到僅比特幣的貸款模型。

Crypto lender Ledn is shutting down support for Ethereum (ETH) and pivoting entirely to a bitcoin-only lending model, marking a significant shift in strategy.

加密貸款人Ledn正在關閉對以太坊（ETH）的支持，並完全轉向僅比特幣的貸款模型，這標誌著戰略的重大變化。

The move, which takes effect on July 1, 2025, is part of a broader initiative to simplify services and minimize risk. The company will no longer use client assets to generate yield, instead adopting a full custody model.

該舉動於2025年7月1日生效，是簡化服務並最大程度降低風險的廣泛計劃的一部分。該公司將不再使用客戶資產來產生收益，而是採用完整的監護模型。

This approach implies that users’ bitcoin will either remain in direct custody or with trusted custody partners, removing any intermediaries and lending loops from the process.

這種方法意味著用戶的比特幣將直接保管，或與可信賴的監護夥伴保持聯繫，從該過程中刪除任何中介機構和貸款循環。

The decision also comes in response to rising competition in the BTC-backed loan sector, and it highlights Ledn’s effort to minimize client exposure to lending risks that led to recent failures in the crypto lending space.

該決定還響應於BTC支持的貸款部門的競爭不斷上升，並強調了萊德（Ledn）努力最大程度地減少客戶對貸款風險的影響，從而導致加密貨幣貸款空間最近失敗。

Ledn Overhauls Model: Full Custody For Bitcoin, No More Client Asset Yielding

Ledn大修模型：比特幣的完全監護權，不再有客戶資產產量

Unlike many centralized crypto lenders, Ledn will now avoid lending out customer assets to generate interest. In 2022, major platforms like Celsius, BlockFi, and Voyager collapsed due to risky lending practices involving customer deposits.

與許多集中的加密貸款人不同，Ledn現在將避免借出客戶資產來引起興趣。在2022年，由於涉及客戶存款的風險貸款做法，攝氏，Blockfi和Voyager等主要平台崩潰了。

Ledn’s updated policy aims to avoid such outcomes by eliminating third-party exposure.

萊德（Ledn）的最新政策旨在通過消除第三方曝光來避免這種結果。

The firm stated that it will hold 1:1 reserves for all bitcoin used in loans. This structure limits potential default risk and aligns with Bitcoin’s original principles of financial self-custody and transparency.

該公司表示，它將為所有用於貸款中使用的比特幣持有1：1的儲量。該結構限制了潛在的默認風險，並與比特幣的原始財務自我定位和透明度保持一致。

Moreover, the removal of ETH and the shift to full bitcoin custody align with regulatory trends. Ledn appears to be positioning itself for stricter compliance standards as regulators worldwide are increasing scrutiny on digital asset management.

此外，去除ETH以及向全比特幣保管的轉變與監管趨勢保持一致。由於全球監管機構對數字資產管理的審查越來越高，萊德（Ledn）似乎正在為更嚴格的合規性標准定位。

Ledn Bets On Security To Attract Bitcoin Maximalists In Crowded Market

Ledn押注安全，以吸引擁擠市場中的比特幣最大化主義者

The bitcoin-only model is designed to appeal to users seeking safer custody options in the lending market. As the platform moves away from yield farming and diversified altcoin services, it doubles down on BTC as the primary store of value.

僅比特幣模型旨在吸引在貸款市場中尋求更安全的監護權選擇的用戶。隨著平台遠離產量耕作和多元化的山寨幣服務，它將BTC作為價值的主要存儲量增加了一倍。

Rising institutional interest in BTC has also pushed for more secure lending options. By focusing solely on Bitcoin, Ledn aims to differentiate from competitors still offering multi-asset services and yield-based products.

BTC的機構興趣不斷上升，也推動了更安全的貸款選擇。通過僅專注於比特幣，LEDN的目標是與仍提供多資產服務和基於收益的產品的競爭對手區分開。

This strategy also reflects the growing divide between platforms prioritizing yield and those emphasizing custody and security. As more users become wary of leverage-based lending, Ledn’s model may attract a broader base of Bitcoin-maximalist clients.

該策略還反映了優先級別的平台與強調監護權和安全性的平台之間的差異。隨著越來越多的用戶對基於槓桿的貸款保持警惕，Ledn的模型可能會吸引更廣泛的比特幣 - 最大客戶客戶。