🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
The SAL standardization scheme leads a new era of BTCFi, creating a unified framework for the Bitcoin staking ecosystem.
Unified "Measurement and Weighing"? The staking abstraction layer provides a new "standardization" interpretation for BTCFi.
With a market size of 1.75 trillion USD, Bitcoin is the largest "sleeping capital pool" in the crypto world. Although there have been many attempts to release liquidity of Bitcoin assets, most are just reinventing the wheel, attracting limited inflow of BTC funds, and failing to truly leverage the BTCFi market.
The core issue that Bitcoin staking needs to solve is a billion-dollar answer, and it is a must-answer question for the Bitcoin ecosystem, especially for staking projects. As the number one seed in the Bitcoin staking field, a certain platform has provided a forward-looking solution, with the core of the answer lying in the concept of "standardization" in the SAL( Staking Abstraction Layer).
The excellent performance of the Ethereum staking ecosystem, in addition to its programmability advantages, is also attributed to a clear and complete set of standards established at the protocol level. This unified standardized framework design not only enhances the decentralization and security of the network but also lowers the barriers to development and participation, promoting the rapid scalability and diversification of the Ethereum staking ecosystem.
In contrast, the Bitcoin ecosystem is characterized by "no founder" and "no centralized promoting organization," resulting in its extremely decentralized unique "chain sentiment." This completely decentralized structure means that the formulation of key technical standards lacks a leading role like that of the "Ethereum Foundation," which must be promoted under a broad consensus among global developers and node operators, a process that is often long and complex.
BTCFi and the Bitcoin ecosystem currently call for a leading role that can dominate these standardization processes, allowing for the integration of cross-chain Bitcoin liquidity to form a consensus, establish a unified technical framework and standards, thus bringing broader applicability, liquidity, and scalability to the Bitcoin stake market, further promoting the financialization process of staked assets and driving the BTCFi ecosystem towards maturity.
A certain platform, as the largest Bitcoin stake platform in the current market, has attracted over 25,000 BTC, accumulating more than $2 billion in asset management scale. Over 70% of the platform's tokens have been投入各类质押场景, making it the protocol with the highest TVL and the highest capital utilization efficiency in the current Bitcoin space.
The platform has pioneered a new narrative for the Staking Abstraction Layer(SAL), aiming to aggregate the decentralized BTC liquidity across the entire chain, providing a scalable and transparent unified solution. SAL consists of five core modules: staking parameter matrix(SPM), staking verification service, LST generation service, transaction generation service, and profit distribution service.
Through these modules, SAL not only effectively integrates the technical differences of various protocols within the Bitcoin ecosystem, but also provides a clear operational framework for different roles, constructing a new system for efficient collaboration. This greatly simplifies the participation threshold in the Bitcoin stake ecosystem, providing a unified solution that can effectively meet the needs of multiple parties for co-construction and sharing.
SAL essentially derives a diversified yield solution based on the entire chain of BTC, enabling Bitcoin holders to obtain diversified and dynamic yield streams without affecting liquidity, opening up new development space for BTCFi. This mainly includes:
This has created a quadruple yield for Bitcoin holders who were originally in a zero-interest income situation, bringing Bitcoin into a wider range of application scenarios, revitalizing this dormant high-quality native cryptocurrency asset, while providing BTC holders with diversified sources of income and improving capital efficiency.
For any industry or sector, having a unified measurement standard is a key move to liberate productivity. SAL can bring significant collaborative effects by providing a clear standardized framework and co-built shared solutions. From ordinary staking users to staking protocols, validators, LST issuers, and custodians, SAL's universal standardized framework brings tangible benefits to all participants, greatly enhancing the collaborative efficiency of the ecosystem, and allowing Bitcoin assets to play a more diverse role in the DeFi ecosystem. This is expected to trigger a series of chain reactions in the Bitcoin market and pave the way for the large-scale application of BTC staking services.