The Ecological View
Last updated
Last updated
There are fundamental differences between BTC staking and Ethereum staking: since the BTC network itself lacks an official staking mechanism, the staking process relies on numerous independent staking protocols. This leads to a decentralized structure where various stages—such as LST issuance, staking transaction generation and execution, and yield distribution—are carried out by different roles across different network environments. Especially, the four key roles in the BTC staking process are: LST issuers, staking protocols, staking guardians, and yield distributors.
Therefore, a unified, standardized system is essential to coordinate these roles and ensure transparency and security throughout the entire process — from the deposit of your BTC assets to the final accrual of rewards into the value of LST tokens or distribution of incentives to the users. Such coordination is crucial to protect user assets and ensure smooth yield acquisition without risks.