Babylon比特币质押计划揭晓，开创加密货币领域新先例

这一策略允许用户在保留托管权的同时质押比特币，从而提供了一种在不放弃控制权的情况下利用 1.2 万亿美元资产的变革性方式。

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.

比特币（BTC）衍生品平台Babylon推出了一项新举措，为加密货币领域的一轮投机奠定了基础。该项目引入了比特币质押计划，为利用这一价值 1.2 万亿美元的巨额资产提供了一种新颖的方式。

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.

该策略允许用户在保留托管权的同时抵押比特币，这与通常的做法有很大不同。这种方法可能会为利用领先的加密货币开辟新的途径，由于其工作量证明（PoW）共识机制，这种加密货币在很大程度上保持惰性。

Babylon Commences Bitcoin Staking

巴比伦开始比特币质押

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.

质押过程的初始阶段涉及将交易提交到比特币区块链。这些交易会激活一个自我托管的质押脚本，该脚本可以安全地锁定指定的 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，质押者将其权益证明 (PoS) 投票权而不是 BTC 委托给选定的最终确定性提供商。因此，这种安排使用户能够参与以太坊和 Avalanche 等其他链上的 PoS 共识机制，如果抵押 10% 的比特币供应量，则可能获得 1200 亿美元的收益。

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.

该项目设置了 0.005 BTC 到 0.05 BTC 的质押限额。通过限制，Babylon 旨在防止大持有者主导这一过程。

“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.

“故意设置较小的上限是为了鼓励广泛参与。它确保整个上限至少需要几个比特币区块的质押交易来填充。这可以防止单个实体买断一个比特币区块并拿走整个上限，从而在此过程中将其他所有人挤出去，”Babylon 解释道。

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.

该质押协议包含约 15 个月的时间锁定，相当于 64,000 个比特币区块。质押者可以在到期前通过 1008 个区块的解绑期解绑其质押，这增加了流程的灵活性和流动性。

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.

在此阶段，由于 PoS（权益证明）链尚未激活，因此没有直接的质押奖励。相反，Babylon 实施了积分系统来跟踪和奖励用户活动。然而，由于监管限制，来自美国、英国和欧盟的用户可能没有资格赚取积分。

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

“这将是继 EigenLayer 之后的下一个重大空投挖矿活动，”链上分析师 Hitesh Malviya 表示。

Anticipation Builds for Potential Airdrops

对潜在空投的预期增强

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.

事实上，关于潜在空投的猜测越来越多，特别是因为 Babylon 的方法类似于 EigenLayer 等平台。然而，用户需要了解巴比伦的某些法律描述。

“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.

“积分不会、也可能永远不会转换、累积​​、用作计算基础或成为任何代币或其他数字资产。积分是没有货币价值的虚拟物品，”巴比伦警告说。

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.

与此同时，在宣布推出后不久，Babylon 质押就达到了 1,000 BTC 的最大容量。尽管这一上限是暂时的，但它凸显了市场的热烈反应，并为未来阶段可能的扩张奠定了基础。