是時候 #saveWBTC 並讓 DeFi 變得更強大了

為了保護 Wrapped Bitcoin (WBTC) 的未來，去中心化金融 (DeFi) 協議 Threshold 提出了策略整合

In a bid to ensure the future of Wrapped Bitcoin (WBTC), decentralized finance (DeFi) protocol Threshold is proposing a strategic integration of its own BTC “wrapper” token, tBTC. The move comes amid increasing concerns about the governance transitions of WBTC, which could potentially render it unstable and insecure.

為了確保 Wrapped Bitcoin (WBTC) 的未來，去中心化金融 (DeFi) 協議 Threshold 提議對其自己的 BTC「包裝」代幣 tBTC 進行戰略整合。此舉發生之際，人們越來越擔心 WBTC 的治理過渡，這可能會導致其不穩定和不安全。

The initiative will see tBTC merging with WBTC in a bid to enhance the BTC wrapper’s credibility and trust reputation. The scheme involves tBTC replacing WBTC’s centralized model with a more decentralized one. To facilitate this integration, Threshold will be allocating an additional 15% of tBTC’s total supply, currently valued at around $36.4 million, to BitGo.

該計劃將使 tBTC 與 WBTC 合併，以提高 BTC 包裝器的可信度和信任聲譽。該計劃涉及 tBTC 以更去中心化的模型取代 WBTC 的中心化模型。為了促進這項整合，Threshold 將額外向 BitGo 分配 tBTC 總供應量的 15%（目前價值約 3,640 萬美元）。

As a major asset in the crypto space, Wrapped Bitcoin boasts a total value of $9 billion and is extensively utilized across DeFi platforms and exchanges. Currently serving as the custodian of WBTC, BitGo is transitioning into a joint venture with BiT Global.

作為加密貨幣領域的主要資產，Wrapped Bitcoin 總價值高達 90 億美元，並在 DeFi 平台和交易所廣泛使用。 BitGo 目前作為 WBTC 的託管人，正在轉型為與 BiT Global 的合資企業。

This shift aims to expand jurisdictional and institutional custody options. However, recent events, such as the alleged mishandling of Justin Sun-affiliated projects and the withdrawal of 12,000 BTC from the USDD stablecoin, have sparked controversy.

這項轉變旨在擴大管轄權和機構託管選擇。然而，近期孫宇晨關聯項目涉嫌處理不當、USDD穩定幣被撤回12,000 BTC等事件引發爭議。

In response to these developments, prominent DeFi protocols like MakerDAO and Aave are reconsidering their exposure to WBTC. MakerDAO has already implemented a halt to new Wrapped Bitcoin borrowings, with potential plans to completely offboard the asset. Meanwhile, Aave is closely monitoring the situation and preparing to take necessary actions to maintain market stability.

為了因應這些發展，MakerDAO 和 Aave 等著名的 DeFi 協議正在重新考慮其對 WBTC 的投資。 MakerDAO 已經停止了新的 Wrapped 比特幣借貸，並有可能計劃完全剝離該資產。同時，Aave正在密切關注事態發展，並準備採取必要行動來維護市場穩定。

Threshold’s proposal presents a viable solution, offering a secure and more stable alternative. The plan combines WBTC’s liquidity, user base, and market presence with the decentralized and permissionless nature of tBTC. This approach aims to not only maintain the safety of the additional collateral but also provide reassurance to users and DeFi protocols that heavily rely on WBTC.

Threshold 的提議提出了一個可行的解決方案，提供了安全且更穩定的替代方案。該計劃將 WBTC 的流動性、用戶基礎和市場影響力與 tBTC 的去中心化和無需許可的性質結合起來。這種做法不僅是為了維護額外抵押品的安全，也是為了嚴重依賴 WBTC 的使用者和 DeFi 協議。

According to BitGo’s proposal for the issuance of 1.65 billion tBTC tokens, the Token would emerge as the largest stakeholder in Threshold Network. Consequently, its influence would be channeled through participation in the bridge while still preserving decentralization. The integration will commence with Threshold obtaining merchant privileges for WBTC, followed by the control of the Wrapped Bitcoin DAO shifting to Threshold DAO.

根據 BitGo 發行 16.5 億個 tBTC 代幣的提議，該代幣將成為 Threshold Network 的最大利益相關者。因此，其影響力將透過參與橋樑來發揮，同時仍保持權力下放。整合將從 Threshold 獲得 WBTC 的商家特權開始，隨後 Wrapped Bitcoin DAO 的控制權將轉移到 Threshold DAO。

In subsequent phases, the focus will be on migrating the total value locked in Wrapped Bitcoin to Threshold’s decentralized model. If BitGo chooses to decline the proposal, an exit mechanism will be triggered, potentially including coverage of expenses and assistance with transitions to instruments like tBTC or cbBTC.

在後續階段，重點將是將 Wrapped Bitcoin 中鎖定的總價值遷移到 Threshold 的去中心化模型。如果 BitGo 選擇拒絕該提案，將觸發退出機制，可能包括費用承擔以及向 tBTC 或 cbBTC 等工具過渡的協助。