diff --git a/README.md b/README.md index 7758f2b..554ac37 100644 --- a/README.md +++ b/README.md @@ -1,40 +1,35 @@ -# Introducing BendDAO +# BendDAO 介绍 -BendDAO is the best NFT liquidity protocol supporting **instant NFT-backed loans**, **leveraged NFT trading**, and **NFT down payment.** The seamless experience of down payment, borrowing, and selling creates a perfect closed loop for users, a one-stop NFT liquidity solution. +BendDAO 是最佳的 NFT 流动性协议，支持**即时 NFT 支持的贷款**，**抵押品挂单**和 **NFT 首付**。首付、借款和挂单的无缝体验为用户创造了一个完美的闭环，是一站式 NFT 流动性解决方案。 -## Best Liquidity +## 最佳流动性 -This is how bluechip NFT holders are able to get the best liquidity on BendDAO. +这就是蓝筹 NFT 持有者能在 BendDAO 上面获得最佳流动性的原因。 -### Instant NFT-backed Loan +BendDAO 是首个去中心化基于点对池（Peer-to-Pool）的 NFT 流动性借贷协议。NFT 持有者能够通过借贷池使用 NFT 作为抵押品即时借出 ETH，而储户则提供 ETH 流动性来赚取利息。杠杆式 NFT 交易是建立在即时 NFT 支持的贷款之上。 -BendDAO is the first decentralized peer-to-pool based NFT liquidity protocol. NFT holders are able to borrow ETH through the lending pool using NFTs as collateral instantly, while depositors provide ETH liquidity to earn interest. The leveraged NFT trading is built on instant NFT-backed loans. +### 抵押品挂单 -### Listing by Borrowers +NFT 持有人/卖家可以选择在挂单前即时获得高达 40% 的地板价。即时流动资金实际上是由即时 NFT 支持的贷款提供的。买方将在交易后偿还贷款，包括利息。 -Borrowers can list mortgaged NFTs directly on the BendDAO marketplace. The balance after deducting debt with interests will be transferred to the borrower (seller) after the deal. +当前借款人可以直接在 BendDAO 上挂出已抵押的 NFT。扣除债务与利息后的余额将在交易后转给借款人（卖方）。 -### Instant Liquidity Listing (ILL) +## NFT 首付买 -NFT holders/sellers can choose to instantly get up to 40% of the floor value of the listing before it even sells. The instant liquidity is actually provided by the instant NFT-backed loan. The buyer will pay off the loan including interests after the deal. +买家可以根据实际价格支付最低 60% 的首付，从主要的 NFT 市场购买蓝筹 NFT，同时从 AAVE 启动闪电贷款（Flashloan）来支付剩余部分。闪电贷款的借款金额将通过 BendDAO 上的即时 NFT 支持的贷款来偿还。 -## NFT Down Payment +买家将在首付购买时自动成为借款人。而借款人也可以在挂出他们抵押的 NFT 进行销售。 -The buyer may pay a minimum down payment of 60%, depending on the actual price, to buy a bluechip NFT from major NFT marketplaces while initiating a flash loan from AAVE to cover the remainder. The borrowed amount of the flash loan will be repaid through the instant NFT-backed loan on BendDAO. +## 对于 NFT 社区 -The buyers will automatically become borrowers with the down payment. And borrowers can list their mortgaged NFT for sale on the BendDAO marketplace as well. +### 48 小时的清算保护 -## For NFT Communities +为了避免市场波动造成的损失，借款人将有 48 小时的清算保护期来偿还贷款。 -### A 48-hour liquidation protection +### 于借款人相同的空投权 -In order to avoid losses caused by the market fluctuations, the borrower will have a 48-hour liquidation protection period to repay the loan. +借款人将有资格获得所有相关的 NFT 持有人的空投。BendDAO 将收集并分发空投给 boundNFT 持有人，当他们的NFT在抵押品池中时。此外，借款人可以在其他协议上领取 NFT 奖励，而 NFT 仍在抵押品池中，并具有闪电贷功能。 -### Same airdrop right for borrowers - -Borrowers will be eligible for all related NFT holder airdrops. BendDAO will collect and distribute the airdrops to boundNFT holders when their NFTs are in the collateral pool. Furthermore, borrowers can claim NFT rewards on other protocols while having NFTs still in a collateral pool with the Flashloan feature. - -### Never be stolen - -NFTs will be converted into representing ERC721 boundNFTs through instant NFT loans. boundNFT is untransferable avoiding the risk of theft. On the other side, boundNFT has the same digital self-expression which can be used on Web2 social media platforms that support the NFT avatar. +### 永不被盗 +NFT 将通过即时 NFT 借贷转换成作为代表的 ERC721 的 boundNFT。boundNFT 是不可转让的，避免了盗窃的风险。另一方面，boundNFT 具有相同的数字自我表达，可以在支持 NFT 头像的 Web2 社交媒体平台上使用。 diff --git a/SUMMARY.md b/SUMMARY.md index 20bbfd1..5de531f 100644 --- a/SUMMARY.md +++ b/SUMMARY.md @@ -1,80 +1,80 @@ -# Table of contents +# 目录 -* [Introducing BendDAO](README.md) +* [介绍 BendDAO](README.md) * [Discord](https://discord.gg/benddao) -* [Roadmap](roadmap.md) +* [路线图](roadmap.md) ## FAQ -* [Security FAQ](faq/security-faq.md) -* [Exchange FAQ](faq/marketplace-faq.md) -* [Down Payment FAQ](faq/down-payment-faq.md) -* [Instant Liquidity Listing FAQ](faq/equity-cash-out-listing-faq.md) -* [Flash Claim FAQ](faq/flash-claim-faq.md) -* [Liquidation FAQ](faq/liquidation.md) -* [Fair-launch FAQ](faq/initial-fair-launch-offering-ifo.md) -* [Tokenomics FAQ](faq/tokenomics.md) +* [安全 FAQ](faq/security-faq.md) +* [交易市场 FAQ](faq/marketplace-faq.md) +* [首付买 FAQ](faq/down-payment-faq.md) +* [抵押品挂单 FAQ](faq/collateral-listing-faq.md) +* [闪电领取（Flash Claim） FAQ](faq/flash-claim-faq.md) +* [清算 FAQ](faq/liquidation.md) +* [公平启动（Fair-launch） FAQ](faq/initial-fair-launch-offering-ifo.md) +* [代币经济 FAQ](faq/tokenomics.md) -## Highlights +## 亮点 -* [Best Liquidity](highlights/best-liquidity.md) -* [Instant Lending and Repayments](highlights/instant-lending-and-repayments.md) -* [48h Liquidation Protection](highlights/48h-liquidation-protection.md) -* [True Ownership](highlights/true-ownership.md) -* [Fair Launch](highlights/fair-launch.md) +* [最佳流动性](highlights/best-liquidity.md) +* [即时借贷和还款](highlights/instant-lending-and-repayments.md) +* [48h 清算保护](highlights/48h-liquidation-protection.md) +* [真实所有权（True Ownership）](highlights/true-ownership.md) +* [公平启动](highlights/fair-launch.md) -## USER GUIDES +## 用户指南 -* [Getting Started](user-guides/getting-started.md) -* [BendDAO on Mobile](user-guides/benddao-on-mobile.md) -* [Deposit NFT (Borrower)](user-guides/deposit-nft-borrower.md) -* [Deposit ETH (Lender)](user-guides/deposit-eth-lender.md) -* [Flash Claim](user-guides/flashclaim.md) -* [Uniswap v2 LP Liquidity Mining](user-guides/uniswap-v2-lp-liquidity-mining.md) +* [入门介绍](user-guides/getting-started.md) +* [移动端的 BendDAO](user-guides/benddao-on-mobile.md) +* [存入 NFT（借款人）](user-guides/deposit-nft-borrower.md) +* [存入 ETH（贷款人）](user-guides/deposit-eth-lender.md) +* [闪电领取（Flash Claim）](user-guides/flashclaim.md) +* [Uniswap v2 LP 流动性挖矿](user-guides/uniswap-v2-lp-liquidity-mining.md) -## Lending Protocol +## 借贷协议 * [bendETH](lending-protocol/bendeth.md) * [boundNFT](lending-protocol/boundnft.md) -* [Interest Model](lending-protocol/interest-model.md) -* [bendETH Valuation](lending-protocol/bendeth-valuation.md) -* [Oracle Price Feeding](lending-protocol/oracle-price-feeding.md) -* [Liquidation and Redeem](lending-protocol/liquidation-and-redeem.md) -* [Auction](lending-protocol/auction.md) +* [利率模型](lending-protocol/interest-model.md) +* [bendETH 估值](lending-protocol/bendeth-valuation.md) +* [预言机价格推送（Oracle Price Feeding）](lending-protocol/oracle-price-feeding.md) +* [清算和赎回](lending-protocol/liquidation-and-redeem.md) +* [拍卖](lending-protocol/auction.md) -## NFT Liquidity +## NFT 流动性 -* [NFT Down Payment (Buyer)](marketplace/nft-down-payment-buyer.md) -* [Instant Liquidity Listing (Seller)](nft-liquidity/instant-liquidity-listing-seller.md) -* [Royalties on secondary sales (Creator)](marketplace/royalties-on-secondary-sales-creator.md) +* [NFT 首付（买家）](marketplace/nft-down-payment-buyer.md) +* [抵押品挂单（卖家）](nft-liquidity/collateral-listing-seller.md) +* [二次销售版税（创作者）](marketplace/royalties-on-secondary-sales-creator.md) -## Governance +## 治理 -* [Bendenomics](governance/bendenomics.md) -* [Governance Mechanism](governance/governance-mechanism.md) -* [Vote-escrowed BEND (veBEND)](governance/vote-escrowed-bend-vebend.md) -* [Fee Collection and Distribution](governance/fee-collection-and-distribution.md) -* [Governance Forum](https://snapshot.org/#/benddao.eth) +* [Bend 代币经济](governance/bendenomics.md) +* [治理机制](governance/governance-mechanism.md) +* [BEND 托管选票（veBEND）](governance/vote-escrowed-bend-vebend.md) +* [费用收取和分配](governance/fee-collection-and-distribution.md) +* [治理论坛](https://snapshot.org/#/benddao.eth) -## RISK +## 风险 -* [Risk Framework](risk/risk-framework.md) -* [NFT Risk Parameters](risk/nft-risk-parameters.md) -* [Adding an NFT Asset](risk/adding-an-nft.md) -* [Bluechip NFT Eligibility Requirements](risk/bluechip-nft-eligibility-requirements.md) -* [Reserve Risk Parameters](risk/reserve-risk-parameters.md) -* [Adding a Reserve Asset](risk/adding-a-reserve.md) -* [Liquidity Risk](risk/interest-rate-model.md) -* [Security and Audits](risk/security-and-audits.md) +* [风险框架](risk/risk-framework.md) +* [NFT 风险参数](risk/nft-risk-parameters.md) +* [增加一个 NFT 资产](risk/adding-an-nft.md) +* [蓝筹 NFT 资格要求](risk/bluechip-nft-eligibility-requirements.md) +* [储备金风险参数](risk/reserve-risk-parameters.md) +* [增加一个储备资产](risk/adding-a-reserve.md) +* [流动性风险](risk/interest-rate-model.md) +* [安全和审计](risk/security-and-audits.md) -## DEVELOPERS +## 开发者 -* [Developers](https://docs.benddao.xyz/developers/) -* [Bug Bounty](developers/bug-bounty.md) +* [开发者](https://docs.benddao.xyz/developers/) +* [漏洞（Bug）赏金](developers/bug-bounty.md) -## Resources +## 资源 * [Github](https://github.com/BendDAO) -* [Airdrop](resources/airdrop.md) -* [Social Media](resources/social-media.md) -* [TERMS OF SERVICE](resources/terms-of-service.md) +* [空投](resources/airdrop.md) +* [社交媒体](resources/social-media.md) +* [**服务条款**](resources/terms-of-service.md) diff --git a/developers/bug-bounty.md b/developers/bug-bounty.md index 88edf2b..efc90b6 100644 --- a/developers/bug-bounty.md +++ b/developers/bug-bounty.md @@ -1,55 +1,55 @@ -# Bug Bounty +# 漏洞（Bug）赏金 -Bend DAO [Bug Bounty](https://immunefi.com/bounty/benddao/) goes live on Immunefi. In addition to audit reports, Bug Bounty might be the best way to incentivize white hats to regularly search for bugs and potential vulnerabilities. The bug bounty can provide users with an additional level of security and show our long-term commitment. +Bend DAO [漏洞赏金](https://immunefi.com/bounty/benddao/) 在 Immunefi 上线。除了审计报告，漏洞赏金可能是激励白帽子们定期搜索漏洞和潜在漏洞的最佳方式。漏洞赏金可以为用户提供额外的安全水平，并表示我们的长期义务。 -## Community Voting +## 社区投票 -The Funding of Bug Bounty has passed quorum with 94.29% approval. [Voting Details](https://snapshot.org/#/benddao.eth/proposal/0x874dfb4a31fdf3521a8d0cead3370792ef991a1807beed77f6a490ad414e382e) +漏洞赏金的经费以 94.29% 的支持率通过了规定人数。[投票细节](https://snapshot.org/#/benddao.eth/proposal/0x874dfb4a31fdf3521a8d0cead3370792ef991a1807beed77f6a490ad414e382e) -$1,500,000 worth of BEND tokens based on the IFO price will be transferred from the Treasury Reserve to Bug Bounty Reserve. If Bug Bounty ends, all remaining funds will be transferred back to the Treasury Reserve. +基于 IFO 价格的价值 150 万美元的 BEND 代币将从金库储备中转入漏洞赏金储备。如果漏洞赏金结束，所有剩余资金将转回金库储备。 -BEND IFO price: 0.009 USDT +BEND IFO 价格：0.009 USDT -Bug Bounty Allocation: 166,666,666 BEND +漏洞赏金分配：166,666,666 BEND -Bug Bounty Reserve: 0x055c51478B232246eC8D06062Fa36bA89b6e038A +漏洞赏金储备：0x055c51478B232246eC8D06062Fa36bA89b6e038A -## Bug Bounty Distribution +## 漏洞赏金分配 -### Payout +### 支付 -Payouts are denominated in USD, but done in BEND. +支付以美元计价，但以 BEND 进行。 -The BEND price in USD is calculated by **averaging prices** over a specified period of time. This period is from the **bug submission** to the **bounty distribution**. +以美元为单位的 BEND 价格是通过指定时间段内的**平均价格**来计算。这段时间是从**漏洞提交**到**赏金分配**。 -Calculation formula: +计算公式： -Day Average Price = (Day High Price + Day Low Price) / 2; +日均价 = (当日最高价 + 当日最低价) / 2; -Time Weight Average Price = Sum(Day Average Price) / Period; +时间加权均价（TWAP）= sum(日均价) / 时间期; -### Rewards by Threat Level +### 按威胁程度划分的奖励 -The breakdown of the rewards is in accordance with ImmuneFi’s distribution criteria for the impact of the vulnerability, see here for [more details](https://immunefi.com/bounty/benddao/). +奖励的细分符合 ImmuneFi 对漏洞影响的分配标准，在此查看[更多细节](https://immunefi.com/bounty/benddao/)。 -| Threat Level | Smart Contract | Websites and Applications | +| 威胁程度 | 智能合约 | 网站和应用 | | ------------ | ------------------- | ------------------------- | -| Critical | Up to USD 1,000,000 | USD 20,000 | -| High | USD 10,000 | USD 4,000 | -| Medium | USD 2,000 | USD 2,000 | -| Low | USD 1,000 | USD 1,000 | +| 严重 | 最高 USD 1,000,000 | USD 20,000 | +| 高 | USD 10,000 | USD 4,000 | +| 中 | USD 2,000 | USD 2,000 | +| 低 | USD 1,000 | USD 1,000 | -## Rewards Distribution Record +## 奖励分配记录 -| Bug Submission Date | Threat Level | Rewards (USD) | BEND TWAP Price | Rewards (BEND) | Status | +| 漏洞提交日期 | 威胁程度 | 奖励（USD） | BEND TWAP 价格 | 奖励（BEND） | 状态 | | ------------------- | ---------------------------------- | ------------- | --------------- | -------------- | ----------- | -| April 4th, 2022 |

Website

High

| 10,000 | 0.01846752 | 541,491 | Distributed | -| April 7th, 2022 |

Smart contract

Medium

| 2,000 | 0.01846752 | 108,298 | Distributed | -| April 23rd, 2022 |

Website

Medium

| 2,000 | 0.0458915 | 43,581 | Distributed | -| April 23rd, 2022 |

Website

Low

| 1,000 | 0.0458915 | 21,791 | Distributed | -| April 23rd, 2022 |

Website

Medium

| 20,000 | 0.03721 | 53,7490 | Distributed | -| May 8th, 2022 |

Website

Low

| 1,000 | 0.04071 | 24564 | Distributed | -| May 12th, 2022 | Smart contract High | 10,000 | 0.02538 | 394011 | Distributed | -| May 27th, 2022 |

Website

Low

| 1,000 | 0.0255 | 39216 | Distributed | -| June 16th, 2022 | Smart contract Low | 1,000 | 0.006096 | 164042 | Distributed | -| June 23rd, 2022 | Smart contract Medium | 5,000 | 0.005376 | 930060 | Distributed | +| April 4th, 2022 |

网站

高

| 10,000 | 0.01846752 | 541,491 | 已分发 | +| April 7th, 2022 |

智能合约

中

| 2,000 | 0.01846752 | 108,298 | 已分发 | +| April 23rd, 2022 |

网站

中

| 2,000 | 0.0458915 | 43,581 | 已分发 | +| April 23rd, 2022 |

网站

低

| 1,000 | 0.0458915 | 21,791 | 已分发 | +| April 23rd, 2022 |

网站

中

| 20,000 | 0.03721 | 53,7490 | 已分发 | +| May 8th, 2022 |

网站

低

| 1,000 | 0.04071 | 24564 | 已分发 | +| May 12th, 2022 | 智能合约 高 | 10,000 | 0.02538 | 394011 | 已分发 | +| May 27th, 2022 |

网站

低

| 1,000 | 0.0255 | 39216 | 已分发 | +| June 16th, 2022 | 智能合约 低 | 1,000 | 0.006096 | 164042 | 已分发 | +| June 23rd, 2022 | 智能合约 中 | 5,000 | 0.005376 | 930060 | 已分发 | diff --git a/faq/collateral-listing-faq.md b/faq/collateral-listing-faq.md new file mode 100644 index 0000000..3a4a152 --- /dev/null +++ b/faq/collateral-listing-faq.md @@ -0,0 +1,31 @@ +# 抵押品挂单 FAQ + +## 为什么要设计这个功能？ + +这一功能是为了给卖家提供更好的流动资金。卖家可以在等待交易的同时套现。即时流动资金可以被视为未来买家的预付款。 + +## 当我选择抵押品挂单时会发生什么？ + +您可以在您的挂单出售前立即获得高达 40% 的底价。同时，您的 NFT 被作为抵押品存入池中。预付款实际上是由即时 NFT 支持的贷款提供的。 + +## 我需要在抵押品挂单之后支付贷款利息吗？ + +当交易完成后，买方将在交易后偿还贷款包括利息。 + +_卖方将获得的金额 = 总价 - 含息贷款_ + +## 我可以取消我的抵押品挂单吗？ + +是的，您可以随时取消挂单。而且您在 ILL 后也是 BendDAO 的借款人。如果您想赎回 NFT，您需要还清贷款。 + +## 我可以在取消挂单后再次挂单吗？ + +是的，您可以随时挂单您的抵押品。 + +## 如果在抵押品挂单后没有人买我的 NFT 怎么办？ + +清算可能发生。由于您实际上是在挂单时得到了一笔贷款，您应该留意贷款的健康系数。随着时间推移，应计利息的增长会使健康系数下降，这可能会导致 48h 清算保护。 + +{% content-ref url="liquidation.md" %} +[清算.md](liquidation.md) +{% endcontent-ref %} diff --git a/faq/down-payment-faq.md b/faq/down-payment-faq.md index 1aa2b02..4f7e38b 100644 --- a/faq/down-payment-faq.md +++ b/faq/down-payment-faq.md @@ -1,40 +1,44 @@ -# Down Payment FAQ +# 首付买 FAQ -## How to decide the percentage of the down payment? +## 如何决定首付款的比例？ -Down Payment = Total price - 40%/30% of the Floor Price +首付 = 总价格 - 地板价的 40%/30% -| Collection | LTV | Down Payment | -| -------------------------------------------------------------- | ---------------------- | ------------ | -|

BAYC
CryptoPunks

| 40% of the floor price | 60% or more | -|

MAYC
Doodles & Space Doodles
CloneX
Azuki

| 30% of the floor price | 70% or more | +| 系列 | 贷款价值比（LTV） | 首付 | +| -------------------------------------------------------------- | -------------------------- | ------------ | +|

BAYC
CryptoPunks

| 地板价的 40% | 60% 或更多 | +|

MAYC
Doodles & Space Doodles
CloneX
Azuki

| 地板价的 30% | 70% 或更多 | -If the total price of the NFT is much higher than the collection floor price, the percentage of the down payment will increase. +如果 NFT 的总价远远高于系列地板价，首付款的比例将增加。 -## What are the details of **payment installments?** +## 首付买 和 先买后付 有什么差别？ -**No payment installment.** You take an NFT-backed loan and then become a borrower on BendDAO. You can repay any time you like. There is no fixed time period to pay back the loan. But you do need to keep an eye on the loan health factor to avoid liquidation. As time passes, the accrued interest will grow making the health factor decrease, which might result in more likely to be liquidated. +BendDAO 上面的首付买不是基于 P2P 的，也就是说用户可以即时完成购买。以及没有分期付款。 + +## **分期付款**的细节是什么？ + +**没有分期付款。** 您拿到 NFT 支持的贷款，然后成为 BendDAO 的借款人。您可以在任何时候还款。没有固定的时间段来偿还贷款。但您确实需要关注贷款健康系数，以避免清算。随着时间的推移，应计利息将增长，使健康系数下降，这可能导致您的贷款更有可能被清算。 {% content-ref url="liquidation.md" %} -[liquidation.md](liquidation.md) +[清算.md](liquidation.md) {% endcontent-ref %} -## Which collections are supported with a down payment? +## 首付买支持什么藏品系列？ -BAYC, CryptoPunks, MAYC, Doodles, Space Doodles, CloneX and Azuki +BAYC、CryptoPunks、MAYC、Doodles、Space Doodles、CloneX 以及 Azuki -## What will be in my wallet after the down payment? +## 首付过后我的钱包将会有什么？ -The boundNFT will be in your wallet since the original NFT is used as collateral. +由于原始 NFT 被用作抵押品，boundNFT 将会在您的钱包里。 {% content-ref url="../lending-protocol/boundnft.md" %} [boundnft.md](../lending-protocol/boundnft.md) {% endcontent-ref %} -## How can I get my mortgaged NFT back? +## 我怎样才能拿回我抵押的 NFT ？ -You will receive the NFT when you pay off the loan. +当您还清贷款时，您将会收到 NFT。 -## Which marketplace is supported? +## BendDAO 支持什么交易市场？ -BendDAO, OpenSea, Looksrare and X2Y2. +BendDAO、OpenSea、Looksrare 以及 X2Y2。 diff --git a/faq/equity-cash-out-listing-faq.md b/faq/equity-cash-out-listing-faq.md deleted file mode 100644 index 44f86c9..0000000 --- a/faq/equity-cash-out-listing-faq.md +++ /dev/null @@ -1,34 +0,0 @@ -# Instant Liquidity Listing FAQ - -## Why this feature is designed? - -This functionality is designed to provide better liquidity for sellers. Sellers can cash out while waiting for the deal. The instant liquidity can be considered as the upfront payment from the future buyer. - -## What happens when I choose Instant Liquidity Listing (ILL)? - -You can instantly get up to 40% of the floor price of your listing before it even sells. Meanwhile, your NFT is deposited as collateral in the pool. The upfront payment is actually provided by the instant NFT-backed loan. - -## Do I need to pay the loan interest after ILL? - -When the deal is done, the buyer will pay off the loan including interests after the deal. - -_The amount Seller will receive = Total price - debt with interests_ - -## Can I cancel my ILL? - -Yes, you can delist anytime you like. And you are also a borrower on BendDAO after the ILL. If you want to redeem the NFT, you need to pay off the loan. - -## Can I list again after the delisting? - -Yes, you can list again anytime you like. But the Instant Liquidity Listing is not an option for the same NFT anymore, since you already used the NFT as collateral. - -## What if no one buys my NFT after ILL? - -Liquidation may happen. Since you actually take a loan when you listing_._ You should keep an eye on the health factor of the loan. As time passes, the accrued interest will grow making the health factor decrease, which might result in 48h liquidation protection. - -{% content-ref url="liquidation.md" %} -[liquidation.md](liquidation.md) -{% endcontent-ref %} - -## - diff --git a/faq/flash-claim-faq.md b/faq/flash-claim-faq.md index 8af78f0..755ccdd 100644 --- a/faq/flash-claim-faq.md +++ b/faq/flash-claim-faq.md @@ -1,63 +1,63 @@ -# Flash Claim FAQ +# 闪电领取（Flash Claim）FAQ -## Q: How can I claim my airdrops when my NFT is deposited in Bend? +## Q: 当我的 NFT 存入 Bend 时，我如何能领取我的空投？ -A: Flash Claim feature is designed for this scenario. Find the “Flash Claim” on the Dashboard, and borrowers can claim related airdrops. [https://www.benddao.xyz/app/flash-claim](https://www.benddao.xyz/app/flash-claim) +A: 闪电领取功能就是为这种情况设计的。在网页面板上找到 “Flash Claim”，借款人即可领取相关空投。 [https://www.benddao.xyz/app/flash-claim](https://www.benddao.xyz/app/flash-claim) -## Q: How can BendDAO know whether I’m eligible for the airdrop? +## Q: Bend 如何知道我是否有资格获得空投？ -A: Airdrops can be claimed if you’re holding related boundNFTs. All borrowers receive boundNFTs when they successfully deposit NFTs in Bend. +A: 如果您持有相关的 boundNFT，您可以领取空投。所有借款人在 Bend 成功存入 NFT 时都会收到 boundNFT。 [boundnft.md](../lending-protocol/boundnft.md "mention") -## Q: What kind of airdrop will be supported? +## Q: 闪电领取将支持哪种空投方式？ -A: Flash Claim supports 2 kinds of airdrops. 1) The project airdrops to holders’ addresses directly including contract addresses; 2) The airdrops need to be claimed by holders (no restriction of contract addresses). More details: [https://docs.benddao.xyz/portal/user-guides/flashclaim](https://docs.benddao.xyz/portal/user-guides/flashclaim) +A: 闪电领取支持两种空投方式：1）项目直接空投到持有者地址，包括合约地址；2）空投需要持有人领取（无合约地址限制）。更多细节，见：[https://docs.benddao.xyz/portal/user-guides/flashclaim](https://docs.benddao.xyz/portal/user-guides/flashclaim) -## Q: If the project airdrops to holders’ addresses directly, how can BendDAO know which airdropped token belongs to which borrower? +## Q: 如果项目直接空投到持有人的地址，Bend 怎么能知道哪个空投的代币属于哪个借款人？ -A: BendDAO follows the airdrop rules set by the project. Both specific and random airdrops can be supported. +A: Bend DAO 遵循项目设定的空投规则。可以支持指定空投和随机空投。 -## Q: If it’s a random airdrop, how does BendDAO distribute airdrops? +## Q: 如果是随机空投，Bend DAO 是如何分配空投的？ -A: The distribution process on BendDAO is also random. For fairness and safety, BendDAO random algorithm is based on [Chainlink VRF infrastructure](https://vrf.chain.link/mainnet) to distribute tokens. +A: Bend 上的分配过程也是随机的。为了公平和安全，Bend 的随机算法是基于 [Chainlink VRF 架构](https://vrf.chain.link/mainnet)来分发代币。 -The VRF subscription id is on Chainlink: [81](https://vrf.chain.link/mainnet/81). +Chainlink 上的 VRF 的订阅 id：[81](https://vrf.chain.link/mainnet/81)。 -The code for airdrop distribution is on[ ](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/misc/AirdropDistribution.sol)Github: [AirdropDistribution.sol](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/misc/AirdropDistribution.sol). +空投代币分配的代码在[ ](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/misc/AirdropDistribution.sol)Github: [AirdropDistribution.sol](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/misc/AirdropDistribution.sol)。 -The contract address on[ ](https://etherscan.io/address/0x6D187449A5664DD87E58A9d3b982989AaeA469BD)Etherscan: [0x6D187449A5664DD87E58A9d3b982989AaeA469BD](https://etherscan.io/address/0x6D187449A5664DD87E58A9d3b982989AaeA469BD). +合约地址在[ ](https://etherscan.io/address/0x6D187449A5664DD87E58A9d3b982989AaeA469BD)Etherscan: [0x6D187449A5664DD87E58A9d3b982989AaeA469BD](https://etherscan.io/address/0x6D187449A5664DD87E58A9d3b982989AaeA469BD)。 -## Q: What if I miss the claim period? +## Q: 如果我错过了领取期怎么办？ -A: You can always Flash Claim airdrops on BendDAO if the project airdrops to holders’ addresses directly including contract addresses. Your airdrop never expires. +A: 如果项目直接空投到持有人地址，包括合约地址，您永远可以在 BendDAO 上面闪电领取您的空投。您的空投永不过期。 -If the airdrops need to be claimed by holders (no restriction of contract addresses), the expiration date is decided by the project instead of BendDAO. +如果空投需要被持有者认领（无合约地址限制），到期日由项目而不是 BendDAO 决定。 -## Q: Can I Flash Claim if I have no knowledge of programming? +## Q: 如果我没有编程知识，也可以使用闪电领取吗？ -A: Yes, you can. There are no programming requirements. +A: 是的，您可以。闪电领取没有任何编程要求。 -You need to click the "Deploy Airdrop Receiver Contract" for the first Flash Claim. It's needed only once. +您需要在第一次闪电领取时点击 "Deploy Airdrop Receiver Contract"（部署空投接收合约）。该操作只需要做一次。 ![](<../.gitbook/assets/image (4).png>) -## Q: What is boundNFT? +## Q: 什么是 boundNFT? -A: For NFT-backed loans, when the borrower deposits an NFT in Bend DAO, a boundNFT will be minted as a Debt NFT. For Custody, when the NFT holder deposits an NFT in Bend DAO, a boundNFT will be minted as a receipt NFT. +A: 对于 NFT 支持的贷款，当借款人在 Bend DAO 存入 NFT 时，一个 boundNFT 将被铸造成债务 NFT。对于托管，当 NFT 持有人在 Bend DAO 存入 NFT 时，一个 boundNFT 将被铸造一个 NFT 收据。 -More details of boundNFT https://docs.benddao.xyz/portal/highlights/true-ownership +更多 boundNFT 的细节，见：https://docs.benddao.xyz/portal/highlights/true-ownership -## Q: Is the Flash Claim open-sourced? +## Q: 闪电领取是开源的吗？ -A: Yes. Visit BoundNFT Github to find more details. https://github.com/BoundNFT/boundnft-protocol/tree/main/contracts +A: 是的。详情见 BoundNFT Github：https://github.com/BoundNFT/boundnft-protocol/tree/main/contracts -## Q: Can I realize the Flash Claim by myself if I have programming experience? +## Q: 如果我有编程经验，我可以自己实现闪电领取吗？ -A: Yes. Users also can write a contract to implement the Flash Claim. Please check the demo on Github. https://github.com/BendDAO/bend-flashclaim-demo +A: 是的。用户也可以自己写合约来实现闪电领取。见 Github 上的 demo：https://github.com/BendDAO/bend-flashclaim-demo -## Q: What kind of airdrops will be supported on BendDAO? +## Q: BendDAO 上面支持什么样的空投？ -A: Technically, all airdrops that are related to the collaterals can be supported. BendDAO-supported collaterals are BAYC, CryptoPunks, MAYC, Azuki, CloneX, and Doodles. +A: 从技术上讲，所有与抵押品有关的空投都可以得到支持。BendDAO-支持的抵押品包括 BAYC、CryptoPunks、MAYC、Azuki、CloneX 以及 Doodles。 -Feel free to find the team in Discord if you want us to support other great airdrops. +如果您希望团队支持其它更多很棒的空投，请随时通过 Discord 联系团队。 diff --git a/faq/initial-fair-launch-offering-ifo.md b/faq/initial-fair-launch-offering-ifo.md index a052726..a206599 100644 --- a/faq/initial-fair-launch-offering-ifo.md +++ b/faq/initial-fair-launch-offering-ifo.md @@ -1,67 +1,66 @@ -# Initial Fair-launch Offering (IFO) +# 首次公平发售（IFO） -## Q: Why it is called IFO? +## Q: 为什么叫 IFO？ -A: F is for Fair Launch. +A: F 代表 Fair Launch（即公平启动）。 -* NO VC; -* NO presale; -* NO whitelist; -* **100%** income goes to token holders. +* 无 VC（风险投资资金）； +* 无 预售； +* 无 白名单； +* 持币人获得 **100%** 收益。 -## Q: What is BEND IFO? +## Q: 什么是 BEND IFO? -A: Initial Fair-launch Offering (IFO) is a part of the BEND Token [Fair Launch](../highlights/fair-launch.md). BEND IFO is a fundraising approach that pools ETH from the public. +A: 首次公平启动发售（IFO）是 BEND 代币[公平启动](../highlights/fair-launch.md)的一部分。BEND IFO 是一种从公众中汇集 ETH 的募资方式。 -**66%** of the raised ETH will be used for the ETH lending pool on Bend, and **34%** of the ETH will be used for the Bend dev operation. +**66%** 募集的 ETH 将会用于 Bend 的 ETH 借贷池，**34%** 的 ETH 将用于 Bend 的开发运营。 -The rules are as follows: +规则如下： +* 1,000,000,000（10%）的 BEND 代币将被分配给首次公平启动发售（IFO）； +* 向公众开放； +* 每个参与者的 ETH 配额没有限制； +* 1 ETH = 333,333 BEND； +* IFO 之后，所有未售出的 BEND 将被纳入 DAO 金库； +* 每个参与者都可以选择 IFO 期间的锁定期，从 0 周到 4 年。 +* 从锁定的那一刻起，持有人将分享协议收入。 -* 1,000,000,000 (10%) BEND tokens will be allocated to the Initial Fair-Launch Offering; -* Open to the public; -* No ETH allocation limit for each participant; -* 1 ETH = 333,333 BEND; -* After the IFO, all unsold BEND will go towards the DAO Treasury; -* Each participant can choose the lockup period during IFO, from 0 weeks to 4 years. -* From the moment of lock-up, holders will share the protocol income. +## Q: 我能用 BEND 代币做什么？ -## Q: What can I do with the BEND token? +A: BEND 持有人可以质押 BEND 获得 BEND 托管选票（即 veBEND）。 -A: BEND holders can stake BEND to get vote-escrowed BEND (veBEND). +如果您参与 IFO，您的 BEND 将被自动质押。您将获得 veBEND 代币。您锁定 BEND 代币的时间越长，您获得的 veBEND 越多。 -Your BEND will automatically be staked if you join the IFO. You will receive veBEND Token. And the longer you lock BEND, the more veBEND you will receive. +**veBEND** 有两个主要用途：**投票**以及**收益分成**。 -**veBEND** has two main uses: **Voting** and **Earning**. +**投票** -**Voting** +veBEND 持有者可以参与投票，决定 Bend 协议可以支持哪些 NFT 作为抵押品以借出 ETH 并提供流动性。只要支持的 NFT 的流动性得到改善，所有 NFT 持有者都会受益。 -Holders of veBEND can participate in voting on which NFT as collateral that Bend protocol can support for borrowing ETH and providing liquidity. It will benefit all the NFT holders as long as the supported NFT liquidity improved. +**收益分成** -**Earning** +协议收入的 100% 将被分配给质押 BEND 的 veBEND 持有者。 -100% of the protocol income will be distributed to veBEND holders who stake BEND. +## Q: 谁可以参与 IFO？ -## Q: Who can participate in IFO? +A: 所有在以太主网拥有去中心化钱包的人都可以参与。无白名单，无 KYC。 -A: Everyone who has a decentralized wallet on Ether mainnet. No whitelist and no KYC. +## Q: 我可以购买多少 BEND？ -## Q: How many BEND can I purchase? +A: 每个参与者没有 ETH 配额限制。比率为 1 ETH = 333,333 BEND。 -A: No ETH allocation limit for each participant. And the ratio is 1 ETH = 333,333 BEND. +## Q: 是否有任何强制锁仓？ -## Q: Any lockup? +A: 无。 -A: NO +## Q: 如果我参与了 IFO，我能得到什么？ -## Q: What will I get if I participate in the IFO then? +BEND 托管选票——veBEND。veBEND 就是质押中的 BEND。当您把 veBEND 代币地址添加到您的钱包里时，您就可以看到您的 veBEND 余额。 -Vote-escrowed BEND. veBEND is the staked BEND. You can check your veBEND balance once you add the veBEND token address to your wallet. +veBEND 是 BEND 托管选票（vote-escrowed BEND）的缩写，也就是您在质押 BEND 时获得的代币。您质押 BEND 的时间越长，您获得的 veBEND 就越多。 -veBEND is short for vote-escrowed BEND Token which is the token you receive when staking BEND. And the longer you stake BEND, the more veBEND you get. +## Q: 那么我将会获得多少 veBEND 代币？ -## Q: How many veBEND tokens will I receive then? - -A: The max. lockup period is 4 years. The formula is outlined below. +A: 最高锁定期为四年时间。公式概述如下： MAXTIME = 4 \* 365 \* 86400\ unlock\_time < (block\_time + MAXTIME) veBEND\_amount = BEND\_locked\_amount / MAXTIME \* (unlock\_time - block\_time) diff --git a/faq/liquidation.md b/faq/liquidation.md index 17c255a..dec5eeb 100644 --- a/faq/liquidation.md +++ b/faq/liquidation.md @@ -1,98 +1,96 @@ -# Liquidation FAQ +# 清算 FAQ -## An example of liquidation +## 清算示例 -Assuming that the floor price of BAYC is 100 ETH when you borrow 40 ETH instantly on BendDAO. +假设当您在 Bend DAO 中抵押 BAYC 即时借款 40 ETH 时，BAYC 地板价是 100 ETH。 -If the floor price drops to 44 ETH, the 48h liquidation protection can be triggered since the health factor of your NFT-backed loan is below 1. +如果地板价跌至 44 ETH，由于您的 NFT 支持的借贷的健康系数低于 1，48 小时清算保护将被触发。 -Health Factor = (44 \* 90%) / (40 + interests) <1 +健康系数 = (44 \* 90%) / (40 + 利息) < 1 -Health Factor = (Floor Price \* Liquidation Threshold) / Debt with Interests. +健康系数 = (地板价 \* 清算阈值) / 含息债务。 -## What is the health factor? +## 什么是健康系数？ -The health factor is the numeric representation of the safety of your deposited NFT against the borrowed ETH and its underlying value. The higher the value is, the safer the state of your funds are against a liquidation scenario. +健康系数是您存入的 NFT 对借出的 ETH 及其基础价值的安全性的数字表示。该值越高，说明您的资金状况在清算情况下越安全。 -If the health factor reaches 1, the liquidation of your deposits can be triggered. A Health Factor below 1 may get liquidated. For a HF=2, the collateral value vs borrow can reduce by 1 out of 2: 50%. +如果健康系数达到 1，将触发对您抵押品的清算。健康系数低于 1 的抵押品将会被清算。对于健康系数 = 2，抵押品价值相比于借款会减少二分之一———即 50%。 -The health factor depends on the liquidation threshold of your collateral against the value of your borrowed funds. +健康系数取决于您的抵押品相比于您借出资金的价值的清算阈值。 -You can find all of the collateral parameters in the [risk parameters](../risk/nft-risk-parameters.md) section. +您可以在[风险参数](../risk/nft-risk-parameters.md)部分找到所有抵押品的参数。 -## What happens when my health factor is reduced? +## 当我的健康系数降低时会发生什么？ -Depending on the value fluctuation of your deposits, the health factor will increase or decrease. If your health factor increases, it will improve your borrow position by making the liquidation threshold more unlikely to be reached. In the case that the value of your collateralized assets against the borrowed assets decreases instead, the health factor is also reduced, causing the risk of liquidation to increase. +取决于您抵押资产价值的波动，健康系数将上升或下降。如果您的健康系数上升，您的借款状况将会改善，使清算阈值变得更加不可能达到。若您的抵押资产相较借出资产的价值下降，健康系数将下降，导致清算的风险增加。 -## **How does Bend calculate the value of the collateralized NFT?** +## **Bend 是如何计算抵押的 NFT 的价值的？** -NFT floor prices are currently used as the price feeds for the collateralized NFTs. The original price data comes from OpenSea, the most well-known NFT marketplace. The collateral value is denominated in Ether instead of USDT on Bend. More details: [https://docs.benddao.xyz/portal/protocol-overview/oracle-price-feeding](https://docs.benddao.xyz/portal/protocol-overview/oracle-price-feeding) +当前 NFT 地板价被用作抵押 NFT 的价格推送。原始价格数据来自最知名的 NFT 市场——OpenSea。Bend 上的抵押品价值以以太坊计价，而非 USDT。更多细节，见：[https://docs.benddao.xyz/portal/protocol-overview/oracle-price-feeding](https://docs.benddao.xyz/portal/protocol-overview/oracle-price-feeding) -## **Any plan to upgrade the NFT price feeds design?** +## **有无计划升级 NFT 的价格推送设计？** -Since there is no sophisticated NFT price feed solution in the market now, using floor prices may be the safest choice. Bend will consider involving a new NFT Oracle when a better option arises. +由于现在市场上没有成熟的 NFT 价格推送解决方案，使用地板价可能是最安全的选择。当出现更好的选择时，Bend 会考虑使用新的 NFT 预言机。 -## **Why does the market liquidation crisis NOT happen in Bend?** +## **为什么 Bend 上面不会发生市场清算危机？** -48h Liquidation Protection and NFT Auction mean that the NFT will not be liquidated immediately. Meanwhile, the liquidator's bid must be equal to the floor price on OpenSea. +48 小时的清算保护和 NFT 拍卖机制的存在意味着 NFT 不会被立即清算。同时，清算人的出价必须等同于 OpenSea 的地板价。 -More details of [48h Liquidation Protection](../highlights/48h-liquidation-protection.md). +更多关于[ 48h 清算保护](../highlights/48h-liquidation-protection.md) 的细节。 -## **What will happen if liquidation occurs?** +## **当清算发生时会怎么样？** -When the 'health factor' of an NFT loan is below 1, a bidder can trigger a liquidation in terms of an [**NFT Auction**](../lending-protocol/auction.md) **** and the 48h liquidation protection**.** +当一个 NFT 贷款的“健康系数”低于 1 时，竞价者可以触发一个基于 [**NFT 拍卖**](../lending-protocol/auction.md)**和 48 小时清算保护** 的拍卖。 -The borrower (user with the collateralized NFT) will be able to repay the loan within the 48-hour window. +借款人（持有抵押的 NFT 的用户）将能够在 48 小时的时间窗口内偿还贷款。 -## **What's the liquidation threshold on Bend?** +## **Bend 上的清算阈值是什么？** -The liquidation threshold is the maximum loan to value (LTV) which means debt plus interest to collateral value. If collateral has a liquidation threshold of 90%, the loan will be liquidated when the debt value is worth 90% of the collateral value. The liquidation threshold is specified per collateral and expressed in percentage points. +清算阈值是最大的贷款价值比（LTV），即债务加利息与抵押品价值之比。如果抵押品的清算阈值为 90%，当债务价值为抵押品价值的 90% 时，贷款将被清算。每种抵押品有专门规定的清算阈值，并以百分点表示。 -## **Will my loan be liquidated if the price of Ether drops?** +## **如果以太坊的价格下跌，我的贷款是否会被清算？** -All NFTs are denominated in Ether instead of USDT on Bend. The price of Ether and the price of NFT are not necessarily related. +所有 NFT 在 Bend 上都以以太坊计价而非 USDT。以太坊价格和 NFT 的价格没有必然联系。 -## **Does the borrower need to keep paying interest while the 48-hour liquidation protection mechanism is active?** +## **在 48 小时清算保护机制生效期间，借款人是否需要继续支付利息？** -Yes. Because the NFT-backed loan is still active during the 48-hour liquidation protection. For safety and fairness, borrowers need to pay a penalty of a maximum(5% of the debt, 0.2 ETH) to the first bidder, even after NFT floor prices recover to the normal price. +是的。因为在 48 小时的清算保护期间内，NFT 支持的贷款仍然生效。为了安全和公平起见，借款人需要向首位清算人支付罚金（债务的 5% 和 0.2 ETH 中的最大值），即使在 NFT 地板价恢复到正常价格之后。 -We believe that this will not happen. The liquidation mechanism is designed with a comprehensive incentive mechanism, such as the discount purchase of NFT, redeeming fines, etc., and the liquidator participating in the auction can get a generous arbitrage. +我们相信这不会发生。清算机制的设计包含了完善的激励机制，如折扣购买 NFT、赎回罚金等，参与拍卖的清算人可以获得丰厚的套利回报。 -## What if the floor price drops and the auction bid can’t cover it? +## 如果地板价下跌，拍卖出价无法覆盖怎么办？ -It will not happen, since the bid must be: +这不会发生，因为出价必须是： +1. 超过地板价的 95%。 +2. 大于累计债务总。 +3. 高于之前的出价 + 1% 的债务。 -1. more than 95% of the floor price. -2. bigger than the total accumulated debt. -3. higher than the previous bid plus 1% debt. +## 如果地板价下跌，没有清算人参与拍卖会发生什么？ -## What will happen if the floor price drops and there is no liquidator involved in the auction? +在这种情况下，平台只有暂时的浮动损失，没有实际损失。要么是借款人在未来某个时间偿还债务，要么在市场价格恢复后，出现一些清算人参与拍卖债务。 -In this case, the platform only has a temporary floating loss and no actual losses. Either the borrower will repay the debt at some point in the future, or after the market price recovers, some liquidators emerge to take part in auctioning off the debt. +## 如果地板价下跌至 0，会发生什么？ -## What will happen if the floor price drops to 0? +蓝筹 NFT 是快速增长的资产，比 ETH 升值更快，而且整个市场还处于早期。 -Bluechip NFTs are fast-growing assets that appreciate faster than ETH and the whole market is still early. +蓝筹 NFT 的市场共识的建立需要长期的积累，不会在短时间内丢失。 -The establishment of market consensus for blue-chip NFTs requires a long period of accumulation, and it will not be lost in a short period of time. +BendDAO 只会上架已被市场认可的高质量蓝筹 NFT，而且它们至少经历了多个周期的涨跌。 -BendDAO will only list high-quality bluechip NFTs that have been recognized by the market, and that have at least experienced multiple cycles of ups and downs. +BendDAO 正持续监测蓝筹 NFT 的市场指标，并通过社区治理及时调整风险参数，如抵押率以及下架 NFT。 -BendDAO is continuously monitoring the market indicators of bluechip NFTs, and timely adjust risk parameters through community governance, such as collateral ratio and delisting NFTs. +## 拍卖是否有抽成？ -## Any royalty for the auction? +无。BendDAO 上的拍卖没有平台抽成。 -No. There is no royalty for the auction on BendDAO. +## 如果我是最高出价人，我如何获得 NFT？ -## If I'm the highest bidder, how can I get the NFT? +拍卖结束后，拍卖页面上会有一个最高出价人的 "Liquidate"（清算）按钮。在您点击该按钮后，清算的 NFT 将被转移到您的钱包里。 -There will be a "Liquidate" button on the auction page for the highest bidder after the auction. The liquidated NFT will be transferred to your wallet after you click the button. +## 如果我使用了批量借款，我将创建多少笔贷款？ -## If I use batch borrow, how many loans will be created? +一个 NFT 一笔贷款。每笔贷款都用自己的健康系数。 -One NFT one loan. Each loan has its own health factor. - -## If my bid is not the highest one, do I need to claim my bid? - -No. Your bid will automatically be refunded to your wallet in WETH. +## 如果我的出价不是最高的，我是否需要领取我的出价金额？ +不。您的出价金额将会以 WETH 的形式被自动退回到您的钱包中。 diff --git a/faq/marketplace-faq.md b/faq/marketplace-faq.md index 66350c8..002d4a9 100644 --- a/faq/marketplace-faq.md +++ b/faq/marketplace-faq.md @@ -1,35 +1,35 @@ -# Exchange FAQ +# 交易市场 FAQ -## What's the Difference Between WETH and ETH? +## WETH 和 ETH 的区别是什么？ -Ether, more commonly known as ETH, is the native currency of the Ethereum blockchain. ETH is used for things such as paying for the transaction fees on Ethereum to incentivise miners. +以太币，通常被称为 ETH，是以太坊区块链的原始货币。ETH 用于支付以太坊的交易费等，以激励矿工。 -WETH is Wrapped Ether. WETH is an ERC-20 compatible version of ETH. 1 ETH will always be equivalent to 1 WETH. ETH on its own cannot be pre-approved (no approval) for bidding on items. That's why it needs to be wrapped. +WETH 是封装的以太币。WETH 是 ERC-20 兼容版本的 ETH。1 个 ETH 将永远相当于 1 个 WETH。ETH 本身不能被预先授权（没有授权）于物品的竞价。这就是为什么它需要被封装的原因。 -Once ETH is wrapped into WETH, it can be used for advanced interactions on decentralized applications like BendDAO lending and exchange. +一旦 ETH 被封装成 WETH，它就可以用于 BendDAO 借贷和交易等去中心化应用的高级应用交互。 -## What currencies are supported on BendDAO? +## BendDAO 上面支持什么货币？ -BendDAO supports both ETH and WETH. Some features are quite complex and require WETH to be able to make the interaction. +BendDAO 同时支持 ETH 和 WETH。有些相当复杂的功能需要 WETH 才能进行交互。 -**You can use ETH on the following features:** +**您可以在以下功能中使用 ETH：** -Buying an NFT for a fixed price. +以固定价格购买 NFT。 -**You can use WETH on the following features:** +**您可以在以下功能中使用 WETH：** -Buying an NFT for a fixed price. +以固定价格购买 NFT。 -Making an offer on an NFT. +对一个NFT提出报价。 -## What are the fees on BendDAO? +## BendDAO 上面的费用是什么？ -Trading fee: 2% of the sale price; +交易费用：成交价的 2%； -Royalty fee: 0\~10% of the sale price, paid to collection creator; +版税费用：成交价的 0\~10% 支付给系列创作者； -Flash loan fee: 0.09% of the borrowed debt, paid to DeFi protocol, etc. AAVE. +闪电贷费用：借款债务的 0.09%，支付给 DeFi 协议等。AAVE。 -## Is there any real-life analogy? +## 是否有任何现实生活中的类比？ -The housing market can be a good real-world analogy to this leveraged bluechip NFT trading platform. You can buy a house with a down payment and pay interest on the loan. You also can sell the house even if your loan is not paid off. +住房市场可以成为这种杠杆式蓝筹 NFT 交易平台的一个很好的现实世界的类比。您可以用首付买房，并支付贷款利息。即使您的贷款没有还清，您也可以出售房子。 diff --git a/faq/security-faq.md b/faq/security-faq.md index 4a1472c..fe2e1db 100644 --- a/faq/security-faq.md +++ b/faq/security-faq.md @@ -1,65 +1,67 @@ -# Security FAQ +# 安全 FAQ -## Q: How does BendDAO stay secure? +## Q: BendDAO 如何保持安全？ -A: BendDAO team has spent all the necessary resources in order to ensure that the protocol matches the highest security standards. +A: BendDAO 团队已经花费了所有必要的资源，以确保该协议符合最高的安全标准。 -* The second audit report by Verilog. [https://www.verilog.solutions/audits/BendDAO](https://www.verilog.solutions/audits/BendDAO) -* Before BendDAO Mainnet launch, Certik issued an audit report for BendDAO. [https://www.certik.com/projects/bend-dao ](https://www.certik.com/projects/bend-dao) -* Up to $1m BendDAO Bug Bounty [https://immunefi.com/bounty/benddao/](https://immunefi.com/bounty/benddao/) -* All boundNFT Protocol Contracts with 7 days timelocks. -* All BendDAO Lending Protocol Contracts with 24 hours timelocks. + + +* 提供的第二份审计报告。[https://www.verilog.solutions/audits/BendDAO](https://www.verilog.solutions/audits/BendDAO) +* 在 BendDAO 主网上线前，Certik 发布了一份 BendDAO 的审计报告。[https://www.certik.com/projects/bend-dao ](https://www.certik.com/projects/bend-dao) +* 高达 $1m 的 BendDAO 漏洞（Bug）赏金 [https://immunefi.com/bounty/benddao/](https://immunefi.com/bounty/benddao/) +* 所有 boundNFT 协议合约都有 7 天的时间锁。 +* 所有 BendDAO 借贷协议合约都有 24 小时的时间锁。 https://docs.benddao.xyz/portal/risk/security-and-audits -## Q: How can timelocks protect users? +## Q: 时间锁如何保护用户？ -A: Timelocks are used to add a delay of key operations such as contracts upgrading and token transferring, enabling users to know the operations and take action before the protocol operations really take effect. This time delay gives users a chance to exit protocol if the team becomes malicious or compromised. +A: 时间锁被用来增加关键操作的延迟，如合约升级和代币转移，使用户能够在协议操作真正生效之前知道这些操作并采取行动。这种时间延迟使用户有机会在团队变得恶意或受攻击时退出协议。 -* All boundNFT Protocol Contracts - 7 days timelocks -* All BendDAO Lending Protocol Contracts - 24 hours timelocks +* 所有 boundNFT 协议合约——7 天时间锁 +* 所有 BendDAO 借贷协议合约——24 小时时间锁 -More details of Timelock: [https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller](https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller) +更多时间锁的细节，见：[https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller](https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller) -## Q: How can users monitor timelocks? +## Q: 用户如何监控时间锁？ -A: Users can set up alerts using Etherscan. Emails will be sent once any contract change is confirmed on a contract address including funds transactions and protocol upgrades. Here is the guide on how to set up email notifications. [https://info.etherscan.com/watch-list/](https://info.etherscan.com/watch-list/) +A: 用户可以使用 Etherscan 设置提醒。一旦合约地址上的任何合约更改得到确认，包括资金交易和协议升级，就会发送电子邮件。以下是关于如何设置电子邮件通知的指南：[https://info.etherscan.com/watch-list/](https://info.etherscan.com/watch-list/) -All boundNFT Protocol Contracts - 7 days timelocks: [https://etherscan.io/address/0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e ](https://etherscan.io/address/0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e) +所有 boundNFT 协议合约——7 天时间锁：[https://etherscan.io/address/0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e ](https://etherscan.io/address/0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e) -All BendDAO Lending Protocol Contracts - 24 hours timelocks: [https://etherscan.io/address/0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214](https://etherscan.io/address/0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214) +所有 BendDAO 借贷协议合约——24 小时时间锁：[https://etherscan.io/address/0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214](https://etherscan.io/address/0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214) -## Q: Why does BendDAO use upgradeable proxy contracts? +## Q: 为什么 BendDAO 使用可升级的代理合约（upgradeable proxy contracts）？ -A: The reason why we use an upgradeable proxy for the BendDAO contracts is to make sure the funds are safe. The team can improve the functionality with the upgradeable proxy if some bugs are found. +A: 我们为 BendDAO 合约使用可升级代理的原因是为了确保资金的安全。如果发现一些漏洞，团队可以用可升级的代理来改进功能。 -To avoid trust issues, all contracts have timelocks. Timelocks are a smart contract feature that states that upgrades will only be performed after a certain period of time rather than immediately. All users have a window of time to take action before upgrades really take effect. +为了避免信任问题，所有合约都有时间锁。时间锁是一种智能合约的功能，它规定只有在一定时间后才会进行升级，而不是立即进行。在升级真正生效之前，所有用户都有一个时间窗口来采取行动。 -* All boundNFT Protocol Contracts - 7 days timelock -* All BendDAO Lending Protocol Contracts - 24 hours timelock +* 所有 boundNFT 协议合约——7 天时间锁 +* 所有 BendDAO 借贷协议合约——24 小时时间锁 -More details of Timelocks: [https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller](https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller) +更多时间锁的细节，见：[https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller](https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller) -## Q: I worry about the rug pull, what if BendDAO rug pull? +## Q: 我担心团队跑路（rug pull）看，要是 BendDAO 跑路怎么办？ -A: A rug pull in the crypto is when the team suddenly abandons a project and sells or removes all its liquidity from the Dex. +A: 在加密货币中的跑路是指团队突然放弃一个项目，并出售或从去中心化交易平台（Dex）中移除其所有流动资金。 -DAO members instead of the team provide all BEND/ETH liquidity on Uniswap. The first team token release will happen on May 9th, 2023 at 14:29 UTC. The team doesn’t have any BEND tokens now. +DAO 成员而非团队在 Uniswap 上提供所有 BEND/ETH 的流动性。第一个团队代币的释放将在 2023 年 5 月 9 日 14:29 UTC 发生。团队现在没有任何 BEND 代币。 -Team token contract details: [https://mirror.xyz/benddaoteam.eth/VLTqI6yPC\_YojeUreU1YvJfHT27KFEkHFW5BN1CH48M](https://mirror.xyz/benddaoteam.eth/VLTqI6yPC\_YojeUreU1YvJfHT27KFEkHFW5BN1CH48M) +团队代币合约细节：[https://mirror.xyz/benddaoteam.eth/VLTqI6yPC\_YojeUreU1YvJfHT27KFEkHFW5BN1CH48M](https://mirror.xyz/benddaoteam.eth/VLTqI6yPC\_YojeUreU1YvJfHT27KFEkHFW5BN1CH48M) -## Q: What if the BendDAO team takes away all bluechip NFTs and ETH from the lending pool? +## Q: 如果 BendDAO 团队将所有蓝筹 NFT 和 ETH 从借贷池中拿走怎么办？ -A: Technically, only the borrowers’/ lenders’ addresses can call the withdrawal function. More details of the BendDAO protocol: https://github.com/BendDAO +A: 从技术上讲，只有借款人/贷款人的地址可以调用提款功能。更多 BendDAO 协议的细节：https://github.com/BendDAO -## Q: What if the BendDAO team whitelists their addresses to withdraw all bluechip NFTs and ETH from the lending pool? +## Q: 如果 BendDAO 团队将他们的地址列入白名单，将所有蓝筹 NFT 和 ETH 从借贷池中撤出怎么办？ -A: Technically, the team is not able to do that. But even if the team can, there will be a delay in implementation because of the timelocks. Timelocks enable users to know the updates and take action before the protocol upgrades really take effect. This time delay gives users a chance to withdraw all assets and exit the protocol if the team becomes malicious or compromised. +A: 从技术上讲，团队无法做到这一点。但是即使该团队能够做到，由于时间锁的存在，实施起来也会有延迟。时间锁使用户能够在协议升级真正生效之前知道更新并采取行动。这种时间延迟使用户有机会撤出所有资产，并在团队变得恶意或受攻击时退出协议。 -More details of the BendDAO protocol: [https://github.com/BendDAO ](https://github.com/BendDAO) +更多 BendDAO 协议的细节：[https://github.com/BendDAO ](https://github.com/BendDAO) -More details of Timelocks: [https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller](https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller) +更多时间锁的细节：[https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller](https://docs.benddao.xyz/portal/risk/security-and-audits#timelock-controller) -## Q: Any insurance for BendDAO smart contracts? +## Q: BendDAO 智能合约是否有保险？ -A: No. Since insurance would not work for scalable protocol. And no insurance really covered the loss of DeFi exploitations before. Secure operations and audits are the keys to diminishing risks of security vulnerabilities instead of insurance. +A: 无。因为保险对可扩展协议（scalable protocol）不起作用。而且以前没有保险真正覆盖了 DeFi 漏洞的损失。安全操作和审计是减少安全漏洞风险的关键，而不是保险。 diff --git a/faq/tokenomics.md b/faq/tokenomics.md index 1647e88..30716f0 100644 --- a/faq/tokenomics.md +++ b/faq/tokenomics.md @@ -1,23 +1,23 @@ -# Tokenomics FAQ +# 代币经济 FAQ -## More details of [Bendenomics](../governance/bendenomics.md). +## 更多关于 [Bendenomics](../governance/bendenomics.md) 的细节。 -## What is the utility of the BEND token? +## 代币有什么实用价值？ -BEND is the governance token of BendDAO. +BEND 是 BendDAO 的治理代币。 -BEND holders can stake BEND to get vote-escrowed BEND (veBEND). +BEND 持有人可以质押 BEND 以获得 BEND 托管选票（veBEND）。 -## What is veBEND? +## 什么是 veBEND？ -**veBEND** has two main uses: **Voting** and **Earning**. +**veBEND** 有两个主要用途：**投票** 和 **收益分成**。 -#### **Voting** +#### **投票** -Holders of veBEND can participate in voting on which NFT as collateral that Bend protocol can support for borrowing ETH and providing liquidity. It will benefit all the NFT holders as long as the supported NFT liquidity improved. +veBEND 的持有者可以参与投票，决定 Bend 协议可以支持哪些 NFT 作为抵押品以借出 ETH 并提供流动性。只要支持的 NFT 的流动性得到改善，它将使所有的 NFT 持有者受益。 -Bend DAO Governance: [https://snapshot.org/#/benddao.eth](https://snapshot.org/#/benddao.eth) +Bend DAO 治理：[https://snapshot.org/#/benddao.eth](https://snapshot.org/#/benddao.eth) -#### **Earning** +#### **收益分成** -* To earn ETH income that is collected from NFT-backed loans. +赚取从 NFT 支持的贷款中收取的 ETH 收入。 diff --git a/governance/bendenomics.md b/governance/bendenomics.md index 641eaa1..6083db1 100644 --- a/governance/bendenomics.md +++ b/governance/bendenomics.md @@ -1,117 +1,117 @@ --- -description: BEND Tokenomics +介绍：BEND 代币经济 --- -# Bendenomics +# Bend 代币经济 -We created Bend Protocol to fill a void in Decentralized NFT liquidity, with the goal of being decentralized, fair, liquid, and scalable. +我们创建 Bend 协议是为了填补去中心化 NFT 流动性的空白，其目标是去中心化、公平、流动和可扩展。 -The Bendenomics introduce a formalized path to the decentralization and autonomy of the Bend Protocol. Covering governance mechanisms and financial incentives, it aims to share a vision of alignment between various stakeholders within the Bend ecosystem, protocol functionality, and the Bend token as a core securing element of the Bend Protocol. +Bend 代币经济为 Bend 协议的去中心化和自治引入了一条正式的路径。它涵盖了治理机制和金融激励措施，旨在 Bend 生态系统、协议功能性，以及作为 Bend 协议的核心固定要素的 Bend 代币的各利益相关者之间，分享一致的愿景。 {% hint style="info" %} -BEND Token Distribution and Initial FairLaunch Offering are still in active discussions, any updates will be communicated to the community in a timely manner, and suggestions from early participants are eagerly welcome. +BEND 代币分发和首次公平启动发售仍在积极讨论中，任何更新都将及时传达给社区，并热切欢迎早期参与者的建议。 {% endhint %} -## BEND Token Distribution +## BEND 代币分发 -Now, more than ever, the importance of decentralized governance is clear. We take the responsibility of distributing BEND governance tokens seriously. The BEND Community is our top priority. +现在，去中心化治理的重要性比以往任何时候都更加明显。我们认真对待分发 BEND 治理代币的责任。BEND 社区是我们的最优先考虑的群体。 -We would like to share our plans for the BEND governance token distribution. Over the next few weeks, as we prepare for the launch of BEND Protocol, we will release more details about feature updates and the Reserve Crowdfunding launch. As always, we welcome your feedback via Twitter and our Discord. +我们想分享我们的 BEND 治理代币分发计划。在接下来的几周内，随着我们为 BEND 协议的启动做准备，我们将发布更多关于功能更新和储备募资启动的细节。一如既往，我们欢迎您通过 Twitter 和我们的 Discord 提供反馈。 -### The Big Picture +### 全局概览 -The total initial supply of [BEND](https://etherscan.io/token/0x0d02755a5700414b26ff040e1de35d337df56218) is 10 billion (10,000,000,000). The token distribution breaks down as follows: +初始 [BEND](https://etherscan.io/token/0x0d02755a5700414b26ff040e1de35d337df56218) 的总供应为 100 亿枚 (10,000,000,000)。代币分发细分如下： -![BEND Token Allocation](<../.gitbook/assets/image (9).png>) +![BEND 代币分配](<../.gitbook/assets/image (9).png>) ![](<../.gitbook/assets/image (1) (1).png>) -| Group | Allocation | Vesting Period | -| ------------------------------------ | ---------- | -------------------------------------------------------------------------------------------- | -| Developer Team | 21 % | 1-year locked and then linearly released in 3 years | -| Initial Fair-launch Offering | 10% | Offering in 90 days | -| Treasury Reserve | 21% | Lockup in treasury, decided by the community | -| Airdrop | 5% | Airdrop in 90 days, 100% TGE | -| Uniswap LP Incentive (by Governance) | 3% | Decided by the community | -| Lend/Borrow Incentive | 40% | Vested when mainnet online, linearly released in 5 years, Lend/Borrow Incentive ratio is 1:3 | +| 组别 | 配额 | 释放规则 | +| ------------------------------------ | ---------- | ---------------------------------------------------- | +| 开发团队 | 21 % | 锁仓一年，然后三年内线性释放 | +| 首次公平启动发售 | 10% | 发售期为 90 天 | +| 金库储备 | 21% | 锁在金库内，由社区决定 | +| 空投 | 5% | 空投领取期为 90 天，TGE（代币铸造事件）时 100% 分发 | +| Uniswap 流动性激励（由治理推出） | 3% | 由社区决定 | +| 借贷激励 | 40% | 在主网上线时锁仓，然后五年内线性解锁，借和贷的奖励为 3：1 | -A critical consideration is that the community of BEND holders collectively maintains the ability to safe the Bend Protocol. This may be of interest to the community for numerous reasons, including creating enhancements such as optimized oracle and new auction mechanism features for resisting in black swan scenarios. +一个重要的考虑因素是，BEND 持有者集体保持使 Bend 协议安全运行的能力。这可能有几个理由符合社区的集体利益，包括创造改善点，如优化预言机和新拍卖机制功能以抵御黑天鹅情况。 -## The Utility of BEND and veBEND +## BEND 和 veBEND 的实用价值 -BEND is the governance token of Bend DAO. BEND holders can stake BEND to get vote-escrowed BEND ([**veBEND**](https://etherscan.io/address/0xd7e97172C2419566839Bf80DeeA46D22B1B2E06E)). +BEND 是 Bend DAO 的治理代币。BEND 持有者可以质押 BEND 获得 BEND 托管选票（[**veBEND**](https://etherscan.io/address/0xd7e97172C2419566839Bf80DeeA46D22B1B2E06E)）. ### veBEND -#### Voting +#### 投票 -BEND stakers (veBEND holders) can participate in voting on which NFT as collateral that Bend protocol can support for borrowing ETH and providing liquidity. It will benefit all the NFT holders as long as the supported NFT liquidity improved. +BEND 质押者（veBEND 持有者）可以参与投票，决定 Bend 协议可以支持哪些 NFT 作为抵押品，借出 ETH 并提供流动性。只要支持的 NFT 的流动性得到改善，所有 NFT 持有者都会受益。 -veBEND holders will be able to vote for 4 of 7 bluechip NFTs that will get initial ETH lending pool support. 7 NFT collections are **Mutant Ape YC, Cool Cats, Doodles, CLONE X, Azuki, World of Women** and **CyberKongz**. +veBEND 持有者将能够投票选出 7 个蓝筹 NFT 中的 4 个，这些 NFT 将获得初始 ETH 借贷池支持。7 个 NFT 系列为 **Mutant Ape YC、Cool Cats、Doodles、CLONE X、Azuki、World of Women** 以及 **CyberKongz**。 -#### Share Protocol Income +#### 分享协议收入 -BEND stakers (veBEND holders) share 100% of the protocol income. More details of [veBEND](vote-escrowed-bend-vebend.md). +BEND 质押者（veBEND 持有者）分享 100% 的协议收入。更多关于 [veBEND](vote-escrowed-bend-vebend.md) 的细节。 -## Initial Fair-launch Offering +## 首次公平启动发售 -### What the ETH raised will be used for? +### 募集的 ETH 将用于什么？ -66% of the raised ETH will be used for the ETH lending pool on Bend, and 34% of the ETH will be used for the Bend dev operation. +66% 募集的 ETH 将会用于 Bend 的 ETH 借贷池，34% 的 ETH 将用于 Bend 的开发运营。 -### **The rules are as follows:** +### **规则如下：** -* 1,000,000,000 (10%) BEND tokens will be allocated to the Initial Fair-Launch Offering; -* Open for the public; -* No ETH allocation limit for each participant; -* 1 ETH = 333,333 BEND; -* After the IFO, all unsold BEND will go towards DAO Treasury. -* Each participant can choose the lockup period during IFO. The lockup period is from 0 weeks to 4 years. +* 1,000,000,000（10%）的 BEND 代币将被分配给首次公平启动发售（IFO）； +* 向公众开放； +* 每个参与者的 ETH 配额没有限制； +* 1 ETH = 333,333 BEND； +* IFO 之后，所有未售出的 BEND 将被纳入 DAO 金库； +* 每个参与者都可以选择 IFO 期间的锁定期。锁定期从 0 周到 4 年。 -### DAO Treasury (31% - 3,100,000,000) +### DAO 金库（31% - 3,100,000,000） -#### Initial Fair-launch Offering (10% - 1,000,000,000 ) +#### 首次公平启动发售（10% - 1,000,000,000） -Initial Offering is our Fair Launch Strategy and aims to distribute the supply of BEND as fairly as possible. +首次发售是我们的公平启动的策略，旨在尽可能公平地分发 BEND 的供给。 -#### Treasury Reserve (21% - 2,100,000,000) +#### 金库储备（21% - 2,100,000,000） -In order to build an ecosystem and also to deal with the security of funds in emergencies, we are going to use some of the BEND Token as a reserve fund. To that end, 21% of all BEND tokens are to be locked in reserve. The use of these tokens can only be determined through community voting. +为了建立一个生态系统，同时也为了处理紧急情况下的资金安全问题，我们将使用部分 BEND 代币作为储备资金。为此，所有 BEND 代币的 21% 将被锁定在储备金中。这些代币的使用只能通过社区投票决定。 -### Community Incentive (48% - 4,800,000,000) +### 社区激励（48% - 4,800,000,000） -DeFi Protocols have made use of liquidity programs to jumpstart growth and distribute protocol tokens to community members. To that end, 48% of all BEND tokens are to be distributed through various airdrop, yield farming, liquidity incentives, and exclusive governance proposals across a number of years. +DeFi 协议已经使用流动性计划来启动增长，并向社区成员分发协议代币。为此，总 BEND 代币的 48% 将通过各种空投、挖矿收益、流动性激励和独家治理提案在几年内分发。 -#### Airdrop (5% - 500,000,000) +#### 空投（5% - 500,000,000） -As part of Bend’s initial launch, we’re distributing 500,000,000 Bends tokens (5% of total supply) to the NFT community. +作为 Bend 首次启动的一部分，我们将向 NFT 社区分发 500,000,000 枚 Bend 代币（总供应量的 5%）。 -#### Uniswap LP Incentive (3% - 300,000,000) +#### Uniswap LP 激励（3% - 300,000,000） -To encourage market makers to provide liquidity on Uniswap, 3% of BEND total supply will be distributed through liquidity incentives. Since DAO will be formed after the BEND token fair launch, the Uniswap LP Incentive will be decided through DAO governance. +为了鼓励做市商在 Uniswap 上提供流动性，BEND 总供应量的 3% 将通过流动性激励来分发。由于 DAO 将在 BEND 代币公平启动后成立，Uniswap LP 激励将通过 DAO 治理决定。 -#### Lend/Borrow Incentive (40% - 4,000,000,000) +#### 借贷激励（40% - 4,000,000,000） -To encourage lenders and borrowers providing liquidity to lend pool, 40% of all BEND tokens are to be distributed through lend/borrow incentives and vesting linearly across 5 years. Lend/Borrow Incentive ratio is 1:3. +为了鼓励贷款人和借款人给借贷池提供流动性，所有 BEND 代币的 40% 将通过借贷激励分发，并在 5 年内线性释放。借和贷的奖励为 3：1。 -### Developer Team (21% - 2,100,000,000) +### 开发团队（21% - 2,100,000,000） -Developer Team tokens are retained for founders and original early contributors to Bend. The Bend Protocol was conceived in Q3 2021 and work began in Q4 2021. Although the Mainnet is just now being launched, the contributions of founders and early members that have been working on Bend was crucial to improving the protocol continually. The team will continue to work on Bend for its lifetime along with the greater community. To that end, 21% of all BEND tokens are locked across a number of years. +开发者团队代币是为 Bend 的创始人和原始早期贡献者保留的。Bend 协议是在 2021 年第三季度构思的，工作开始于 2021 年第四季度。虽然主网刚刚启动，但一直在 Bend 上工作的创始人和早期成员的贡献对于不断完善协议至关重要。该团队将与更大的社区一起在 Bend 的生命周期内继续工作。为此，所有 BEND 代币的 21% 被锁定在几年内。 -* 7% of BEND tokens locked for 12 months, then to be released linearly in seconds over a year. -* 7% of BEND tokens locked for 24 months, then to be released linearly in seconds over a year. -* 7% of BEND tokens locked for 36 months, then to be released linearly in seconds over a year. +* 7% 的 BEND 代币锁仓 12 个月，然后将在一年内以秒为单位线性释放。 +* 7% 的 BEND 代币锁仓 24 个月，然后将在一年内以秒为单位线性释放。 +* 7% 的 BEND 代币锁仓 36 个月，然后将在一年内以秒为单位线性释放。 -So in the first year, the team will not sell any tokens to the market and can only participate in the distribution of protocol income. +所以在第一年，该团队不会向市场出售任何代币，并只能参与协议收入的分配。 -## Wallet Addresses +## 钱包地址 -| Name | Address | -| ---------------------------------------------- | --------------------------------------------------------------------------------------------------------------------- | -| Developer Team | [0x7941D082D46a9A8c3E8c2106187A24B74cc1bdD3](https://etherscan.io/address/0x7941D082D46a9A8c3E8c2106187A24B74cc1bdD3) | -| ~~Initial Fair-Launch Offering v1 (Obsolete)~~ | [0x3984235DC18f07d9AEAaEcD9D62eC95402291524](https://etherscan.io/address/0x3984235DC18f07d9AEAaEcD9D62eC95402291524) | -| Initial Fair-Launch Offering v2 (Sold Out) | [0xA1756D785F4abD4ec06dB71c65f18D25083CbF88](https://etherscan.io/address/0xA1756D785F4abD4ec06dB71c65f18D25083CbF88) | -| Treasury Reserve | [0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B](https://etherscan.io/address/0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B) | -| Airdrop | [0x1b5d2904bE3E4711a848Be09b17dEE89E6A5BC27](https://etherscan.io/address/0x1b5d2904bE3E4711a848Be09b17dEE89E6A5BC27) | -| Community Incentive | [0xAd36eb917Eeb957c90b577B7051D0C9BE930a1F8](https://etherscan.io/address/0xAd36eb917Eeb957c90b577B7051D0C9BE930a1F8) | -| veBEND Locker | [0xd7e97172C2419566839Bf80DeeA46D22B1B2E06E](https://etherscan.io/address/0xd7e97172C2419566839Bf80DeeA46D22B1B2E06E) | +| 名称 | 地址 | +| ------------------------------------- | ------------------------------------------------------------------ | +| 开发团队 | [0x7941D082D46a9A8c3E8c2106187A24B74cc1bdD3](https://etherscan.io/address/0x7941D082D46a9A8c3E8c2106187A24B74cc1bdD3) | +| ~~首次公平启动发售 v1（已失效）~~ | [0x3984235DC18f07d9AEAaEcD9D62eC95402291524](https://etherscan.io/address/0x3984235DC18f07d9AEAaEcD9D62eC95402291524) | +| 首次公平启动发售 v2（售罄） | [0xA1756D785F4abD4ec06dB71c65f18D25083CbF88](https://etherscan.io/address/0xA1756D785F4abD4ec06dB71c65f18D25083CbF88) | +| 金库储备 | [0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B](https://etherscan.io/address/0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B) | +| 空投 | [0x1b5d2904bE3E4711a848Be09b17dEE89E6A5BC27](https://etherscan.io/address/0x1b5d2904bE3E4711a848Be09b17dEE89E6A5BC27) | +| 社区激励 | [0xAd36eb917Eeb957c90b577B7051D0C9BE930a1F8](https://etherscan.io/address/0xAd36eb917Eeb957c90b577B7051D0C9BE930a1F8) | +| veBEND 锁仓柜 | [0xd7e97172C2419566839Bf80DeeA46D22B1B2E06E](https://etherscan.io/address/0xd7e97172C2419566839Bf80DeeA46D22B1B2E06E) | diff --git a/governance/fee-collection-and-distribution.md b/governance/fee-collection-and-distribution.md index b79d387..120d984 100644 --- a/governance/fee-collection-and-distribution.md +++ b/governance/fee-collection-and-distribution.md @@ -1,30 +1,30 @@ -# Fee Collection and Distribution +# 费用收取和分配 -Bend lending pool contracts have the capability to charge an “admin fee”, that is Bend protocol income, 100% claimable by the veBEND holders proportionally. The admin fee is represented as a 30% of the total interest income collected on NFT loans. +Bend 贷款池合同有能力收取“管理费”，也就是 Bend 协议收入，可由 veBEND 持有人按比例 100% 领取。管理费表示为 NFT 贷款总利息收入的 30%。 -For borrowing the fee is taken in the borrowed currency and calculated against the final amount received. For example, if borrowing ETH using NFTs as collateral, the fee is taken in **ETH**. +对于借贷，费用以借出的货币为单位，并与最终收到的金额进行计算。例如，如果使用 NFT 作为抵押品借出 ETH，费用以 **ETH** 计。 -### VeBEND holder income estimation +### VeBEND 持有者收入估算 -The first column is the estimated Bend loan volume in ETH. +第一列是以 ETH 为单位的 Bend 贷款量估算。 -The second column is the estimated protocol annual fee. It is assumed that 30% of the ETH in the pool is lent out, the borrowing interest rate is 15%, and the protocol "admin fee" is 30%. +第二列是估算的协议年费。假设池中 30% 的 ETH 被借出，借贷利率为 15%，协议“管理费”为30%。 -The third column is the estimated APR in ETH for veBEND holders. +第三列是对 veBEND 持有者的 APR （年化利率）的估算（以 ETH 计）。 -![Estimated earnings for veBEND holders](<../.gitbook/assets/image (3) (1).png>) +![veBEND 持有者的收益估算](<../.gitbook/assets/image (3) (1).png>) -All fees are distributed to **veBEND holders** by week. The proportional amount of fees that each user is to receive is calculated based on their veBEND balance relative to the total veBEND supply. +所有的费用都是按周分配给 **veBEND** 持有人。每个用户收到的费用比例是根据他们的 veBEND 余额相对于 veBEND 总供应量来计算的。 -This amount is calculated at the _start_ of the week. The actual distribution occurs at the _end_ of the week based on the fees that were collected. As such, **users who create a new voting lock will have no fee income for the current epoch week and should expect to receive their first fee payment at the end of the next epoch week**. +这一数额是在周 _开始_ 时计算的。实际的分配是在该周 _结束_ 时根据所收取的费用进行的。因此，**创建新选票锁的用户在当前纪元周（epoch week）没有任何费用收入，应该预计在下一个纪元周结束时收到他们的第一笔费用收入**。 -It should be noted that the week here is not the ISO\_8601 standard week, but epoch week based on unix timestamp , so the first day of the week is not Monday, for more details please refer to Wikipedia [unix time](https://en.wikipedia.org/wiki/Unix\_time) , [ISO 8601](https://en.wikipedia.org/wiki/ISO\_8601) +应该注意的是，这里的周不是 ISO\_8601 标准周，而是基于 unix 时间戳的纪元周，所以一周的第一天不是周一，更多细节请参考维基百科 [unix 时间](https://en.wikipedia.org/wiki/Unix_time)，[ISO 8601](https://en.wikipedia.org/wiki/ISO\_8601)。 -Example:\ -Suppose user lock bend at the current time Mon Apr 18 2022 06:40:39 GMT+0000\ -Then the timestamp is 1650264039\ -Current epoch week = 1650264039/604800(seconds of one week) = 2728.6111756\ -So the current epoch week 2728 starts on Thu Apr 14 2022 00:00:00 GMT+0000, and ends on Thu Apr 21 2022 00:00:00 GMT+0000\ -And next week 2729 will end on Thu Apr 28 2022 00:00:00 GMT+0000, when the user's first fee will be received +示例：\ +假设用户在当前时间 Mon Apr 18 2022 06:40:39 GMT+0000 锁仓 bend\ +那么时间戳是 1650264039\ +当前纪元周 = 1650264039/604800(一周的秒数) = 2728.6111756\ +所以当前纪元周 2728 起始于 Thu Apr 14 2022 00:00:00 GMT+0000，结束于 Thu Apr 21 2022 00:00:00 GMT+0000\ +以及下周 2729 将结束于 Thu Apr 28 2022 00:00:00 GMT+0000，也就是用户将收到第一笔费用的时间 -The available BWETH balance to distribute is tracked via the “token distribute checkpoint”. This is updated at a minimum every 24 hours. Fees that are received between the last checkpoint of the previous week and the first checkpoint of the new week will be split evenly between the weeks. +可供分配的 BWETH 余额是通过 "代币分配检查点 "来跟踪的。这至少每 24 小时更新一次。在前一周的最后一个检查点和新一周的第一个检查点之间收到的费用将在这几周之间平均分配。 diff --git a/governance/governance-mechanism.md b/governance/governance-mechanism.md index a953105..2d2ceb0 100644 --- a/governance/governance-mechanism.md +++ b/governance/governance-mechanism.md @@ -1,29 +1,29 @@ -# Governance Mechanism +# 治理机制 -The Bend economy is driven by a governance forum (Snapshot Space) and uses BEND to approve Bend Improvement Proposals (BIPs). This process is designed to ensure that proposals are extensively discussed before being pushed on-chain. All BENDs in the market can be used to vote on BIPs or delegated to Bend protocol politicians to vote on your behalf. +Bend 经济由一个治理论坛（Snapshot Space）驱动，并使用 BEND 来批准 Bend 改进提案（BIPs）。这个过程旨在确保提案在被推上链之前得到广泛的讨论。市场上的所有 BEND 都可以用来对 BIP 进行投票，或者委托 Bend 协议的政治家代表你投票。 -## Governance Process +## 治理过程 -1. Community Created BIP. -2. The community evaluates the BIP, collects feedback, and refines the BIP. -3. The community signals the implementation of the proposal. -4. The founding team implements the proposal and submits it to governance. -5. Governance evaluates the implementation and approves or rejects proposals. +1. 社区创建 BIP。 +2. 社区对 BIP 进行评估，收集反馈意见，并对BIP进行完善。 +3. 社区发出实施该提案的信号。 +5. 创始团队实施提案并提交给管理层。 +6. 治理部门对实施情况进行评估，并批准或拒绝提案。 -## What is the voting threshold? +## 什么是投票阈值？ -The threshold is based on the quorum and support of votes for/against a BIP. +阈值是基于支持/反对一项 BIP 的规定（quorum）票数和支持（support）票数的数值。 -The quorum means the total "**yes****"** and "**no****"** votes of a BIP. +规定票数的意思是全部 BIP 的 "**同意****"** 和 "**不同意****"** 的票数。 -The support means the total "**yes****"** votes of a BIP. +支持票数的意思是全部 BIP 的 "**同意****"** 的票数。 -For example: +例如： -1\. If the quorum is 30% and the support is 60%, the "**yes**" is 18%, and "**no**" is 7% of the total votes, the BIP will not be passed, because 18%+7% = 25% < 30%. +1\. 如果规定票数为 30%，支持票数为 60%，"**同意**" 票为 18%，以及 "**不同意**" 为总票数的 7%，BIP 将不会通过，因为 18% + 7% = 25% < 30%。 -2\. If the quorum is 30% and the support is 60%, the "**yes**" is 23% and "**no**" is 8% of the total votes, the BIP will be passed, because 23%+8% = 31% > 30%, and 23% / (23% + 8%) = 74% > 60%. +2\. 如果规定票数为 30%，支持票数为 60%，"**同意**" 票为 23%， 以及 "**不同意**" 为总票数的 8%，BIP 将会通过，因为 23% + 8% = 31% > 30%，以及 23% / (23% + 8%) = 74% > 60%。 -## Want to participate? +## 想要参加？ -We invite those eager to participate in discussions of any of the concepts above to join our [governance forum](https://snapshot.org/#/benddao.eth) or [Discord](https://discord.gg/H8b6Ynjefx), as readers like you will shape the Bend protocol of tomorrow. +我们邀请那些急切参与讨论上述任何概念的人加入我们的[治理论坛](https://snapshot.org/#/benddao.eth)或 [Discord](https://discord.gg/H8b6Ynjefx)，因为像您这样的读者将塑造明天的 Bend 协议。 diff --git a/governance/vote-escrowed-bend-vebend.md b/governance/vote-escrowed-bend-vebend.md index 7e7d740..1f1eece 100644 --- a/governance/vote-escrowed-bend-vebend.md +++ b/governance/vote-escrowed-bend-vebend.md @@ -1,20 +1,21 @@ -# Vote-escrowed BEND (veBEND) +# BEND 托管选票（veBEND） -To earn the protocol income or vote on the Bend DAO, users need to stake their [BEND](https://etherscan.io/token/0x0d02755a5700414b26ff040e1de35d337df56218) token to get [veBEND](https://etherscan.io/address/0xd7e97172C2419566839Bf80DeeA46D22B1B2E06E) token. +用户需要质押他们的 [BEND](https://etherscan.io/token/0x0d02755a5700414b26ff040e1de35d337df56218) 代币以获得 [veBEND](https://etherscan.io/address/0xd7e97172C2419566839Bf80DeeA46D22B1B2E06E) 代币来赚取协议收入或在 Bend DAO 上投票。 -Holders of BEND can participate in voting on which NFT as collateral that Bend protocol can support for borrowing ETH and providing liquidity. It will benefit all the NFT holders as long as the supported NFT liquidity improves. +BEND 持有者可以参与投票，决定 Bend 协议可以支持哪些 NFT 作为抵押品以借出 ETH 并提供流动性。只要支持的 NFT 的流动性得到改善，所有 NFT 持有者都会受益。 -Community voting for 4 of 7 bluechip NFTs: [https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) +社区投票选出 7 个蓝筹 NFT 中的 4 个： +[https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) -Participating in BEND DAO governance requires that an account have a balance of vote-escrowed BEND (veBEND). veBEND is a non-standard ERC20 implementation, used within the Snapshot to determine each account’s voting power. +参与 BEND DAO 治理需要一个账户有 BEND 托管选票（veBEND）的余额。veBEND 是一种非标准的 ERC20 协议（non-standard ERC20 implementation），在 Snapshot 中用来确定每个账户的投票权。 -veBEND is represented by the VotingEscrow contract, deployed to the Ethereum mainnet at: TBD. +veBEND 由 VotingEscrow 合约代表，部署在 Ethereum 主网上的：待确认。 -veBEND cannot be transferred. The only way to obtain veBEND is by locking BEND. The maximum lock time is four years. One BEND locked for four years provides an initial balance of one veBEND. +veBEND 不能被转移。获得 veBEND 的唯一方法是锁定 BEND。最大的锁定时间为四年。一个锁定四年的 BEND 可以提供一个 veBEND 的初始余额。 -A user’s veBEND balance decays linearly as the remaining time until the BEND unlock decreases. For example, a balance of 4000 BEND locked for one year provides the same amount of veBEND as 2000 BEND locked for two years, or 1000 BEND locked for four years. +一个用户的 veBEND 余额会随着 BEND 解锁前剩余时间的减少而线性衰减。例如，锁定一年的 4000 BEND 的余额提供的 veBEND 数量与锁定两年的 2000 BEND 或锁定四年的 1000 BEND 相同。 -The max. Lockup period is 4 years. The formula is outlined below. +最高锁定期为四年时间。公式概述如下： MAXTIME = 4 \* 365 \* 86400\ unlock\_time < (block\_time + MAXTIME) veBEND\_amount = BEND\_locked\_amount / MAXTIME \* (unlock\_time - block\_time) diff --git a/highlights/48h-liquidation-protection.md b/highlights/48h-liquidation-protection.md index 70cfbdb..4f6ff14 100644 --- a/highlights/48h-liquidation-protection.md +++ b/highlights/48h-liquidation-protection.md @@ -1,29 +1,29 @@ --- -description: Never get liquidated if you repay within 48 hours +介绍：如果您在 48 小时内还款，绝不会被清算 --- -# 48h Liquidation Protection +# 48h 清算保护 -You can check this for an example of liquidation: https://github.com/BendDAO/bend-gitbook-portal/blob/main/faq/liquidation.md#an-example-of-liquidation +您可以查看这个清算的示例：https://github.com/BendDAO/bend-gitbook-portal/blob/main/faq/liquidation.md#an-example-of-liquidation -## 48h Liquidation Protection +## 48h 清算保护 -**Never get liquidated if you repay within 48 hours** +**如果您在 48 小时内还款，绝不会被清算** -NFT holders don’t want to hand over the ownership of their NFTs. That's why they look for other liquidity solutions instead of selling NFTs. In order to avoid losses caused by the market fluctuations, the borrower will have a 48-hour liquidation protection period to repay the loan. Your NFT-backed loan will never get liquidated if you repay within the 48-hour liquidation protection period. +NFT 持有人不想交出其 NFT 的所有权。这就是为什么他们寻找其他流动性解决方案而不是出售 NFT。为了避免市场波动造成的损失，借款人将有 48 小时的清算保护期来偿还贷款。如果您在 48 小时清算保护期内还款，您的 NFT 支持的贷款将永远不会被清算。 -**Borrower (Collateralized NFT)** +**借款人（已抵押 NFT）** -During the auction (48h liquidation protection period), for the NFT holder's safety, the borrower (user with the collateralized NFT) will still be able to repay the loan within the 48-hour window starting from the beginning of the auction. +在拍卖期间（48小时清算保护期），为了 NFT 持有人的安全，借款人（有抵押 NFT 的用户）仍然能够在拍卖开始后的 48 小时内偿还贷款。 {% hint style="warning" %} -For safety and fairness, borrowers must repay some loan debts as well as pay a penalty of a maximum(5% of the debt, 0.2 ETH) to the liquidator, even after NFT floor prices recover to the normal price. +为了安全和公平起见，即使在 NFT 地板价恢复到正常价格后，借款人也必须偿还一些贷款债务，并向清算人支付（债务的 5% 和 0.2 ETH 中的最大值）罚款。 {% endhint %} -**Bidder** +**出价人** -Under the Bend Auction mechanism, any bidder can obtain ownership of an NFT as long as the bid is higher than the floor price. This way, all NFTs will be given a price discovery mechanism, making transactions transparent. +在 Bend 拍卖机制下，只要出价高于地板价，任何出价人都可以获得 NFT 的所有权。这样一来，所有的 NFT 都将获得一个价格发现机制，使交易透明化。 -Bend’s Protocol is dependent on the 'health' of loans within the system, also known as the 'health factor' which is related to debt, floor pricings, and liquidation thresholds. +Bend 的协议取决于系统内贷款的 "健康"，也被称为 "健康系数"，与债务、地板价和清算阈值有关。 -In order to avoid losses caused by the market fluctuations, an NFT auction will be activated when the health factor is below 1. Anyone can partake in auctions but for NFT holders’ safety, there will be a 48-hour auction window where they'll be able to repay loans. Once the auction begins, bidders will be able to bid as long as the bid is higher than the previous price placed. +为了避免市场波动造成的损失，当健康系数低于 1 时，将启动 NFT 拍卖。任何人都可以参与拍卖，但为了 NFT 持有人的安全，将有一个 48 小时的拍卖窗口让他们将能够偿还贷款。一旦拍卖开始，只要出价高于之前的价格，竞拍者就能出价。 diff --git a/highlights/best-liquidity.md b/highlights/best-liquidity.md index f373024..f4c8d31 100644 --- a/highlights/best-liquidity.md +++ b/highlights/best-liquidity.md @@ -1,27 +1,23 @@ -# Leveraged NFT Trading +# 最佳流动性 -Based on the [instant NFT-backed loan](instant-lending-and-repayments.md), leverage trading becomes possible for NFT players. +[即时 NFT-支持 的贷款](instant-lending-and-repayments.md)使得 NFT 玩家可以进行抵押品挂单。 -## From sells' perspective +## 卖方视角 -### Listing by borrowers +### 抵押品挂单 -Borrowers can list mortgaged NFTs directly instead of repaying the loan to list for sale. +通过抵押品挂单，NFT 持有人/卖家可以选择接受即时 NFT 支持的贷款，并在挂单时即时获得最高达 40% 的地板价。用户可以随时在 BendDAO 上挂单抵押品。 -![Workflow of Listing by Borrowers](https://lh3.googleusercontent.com/kJ5TwzB-be5in1rTPnRboqLz9YI-DewVGdbkgE2PfDZeUDuOX76pAWZJ6JXzKkzttP8BRKNy\_tGswJm4QgU9yb25QSfwwpKz7COSgPMzcFU\_FeBUC8E3\_2HPNaHAuhJ8GWVE9oe4-ZILa\_bVcjqfrw) +![即时流动性挂单（ILL）的流程](https://lh3.googleusercontent.com/pnZHqu5SapL\_7JfQwODl-V-WTJMBuuCGgUV6OiH9SHieFXX2UYnz9dPuSXyHNUG5xo\_SII98GgojAoKHffaHKP-jqBwQf9IqNdTvUixRaoKFrqHU6bWSnRT8i3O8YvwdUtejxTbfozw\_CYGgftiLRA) -### Instant Liquidity Listing +## 买方视角 -NFT holders/sellers can choose to receive up to 40% of the floor price instantly when listing. The upfront payment is actually provided by the instant NFT-backed loan. The buyer will pay off the loan after the deal. Listing by borrowers Borrowers can list mortgaged NFTs directly instead of repaying the loan to list for sale. +### NFT 首付 -![Workflow of Instant Liquidity Listing (ILL)](https://lh3.googleusercontent.com/pnZHqu5SapL\_7JfQwODl-V-WTJMBuuCGgUV6OiH9SHieFXX2UYnz9dPuSXyHNUG5xo\_SII98GgojAoKHffaHKP-jqBwQf9IqNdTvUixRaoKFrqHU6bWSnRT8i3O8YvwdUtejxTbfozw\_CYGgftiLRA) +买家可以根据实际价格支付**最低首付的 60%** 来购买蓝筹NFT，同时从 AAVE 启动闪电贷款来支付剩余部分。闪电贷的借款金额将通过 BendDAO 上的即时 NFT 支持的贷款来偿还。 -## From buyers' perspective +首付款过后，买家将自动成为借款人。而借款人也可以在挂单他们抵押的 NFT。 -### NFT Down Payment - -The buyer can pay **a minimum down payment of 60%**, depending on the actual price, to buy a bluechip NFT while initiating a flash loan from AAVE to cover the remainder. The borrowed amount of the flash loan will be repaid through the instant NFT-backed loan on BendDAO. - -The buyers will automatically become borrowers with the down payment. And borrowers can list their mortgaged NFT for sale on the BendDAO marketplace as well. +![](<../.gitbook/assets/image (6).png>) ### [nft-down-payment-buyer.md](../marketplace/nft-down-payment-buyer.md "mention") diff --git a/highlights/fair-launch.md b/highlights/fair-launch.md index 68f007e..d8495fd 100644 --- a/highlights/fair-launch.md +++ b/highlights/fair-launch.md @@ -1,54 +1,54 @@ --- -description: Driven by community +介绍：由社区驱动 --- -# Fair Launch +# 公平启动 -## Governance +## 治理 -Holders of BEND can participate in voting on which NFT as collateral that Bend protocol can support for borrowing ETH and providing liquidity. It will benefit all the NFT holders as long as the supported NFT liquidity improved. +BEND 的持有人可以参与投票，决定哪些 NFT 作为抵押品，Bend 协议可以支持以借出 ETH 并提供流动性。只要支持的 NFT 的流动性得到改善，所有 NFT 持有者都会受益。 -CryptoPunks and Bored Ape YC are the recognized blue chips that are supported as collaterals when Bend officially launches. +在 Bend 官方启动时，CryptoPunks 和 Bored Ape YC 被认作蓝筹并被支持作为抵押物。 -MAYC, Azuki, CloneX, and Doodles are now supported as collateral via Community Voting. Details: [https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) +MAYC、Azuki、CloneX、和 Doodles 现已通过社区投票，被支持作为抵押品。细节见：[https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) -After BEND’s fair launch, BEND holders can deposit BEND to get veBEND which stands for voting escrow BEND. +在 BEND 公平启动后，BEND 持有人可以将 BEND 存入，以获得 veBEND，即 BEND 托管选票。 -## Initial Fair-launch Offering +## 首次公平启动发售 -All the funds obtained through the Initial Fair-launch Offering will be used for the BEND team's research and development, market operations, advertising and other activities. +通过最初的公平启动发售获得的所有资金将用于 BEND 团队的研发、市场运营、营销和其他活动。 -### What the ETH raised will be used for? +### 募集的 ETH 将用于什么？ -66% of the ETH will be used for the bend protocol lending pool, and 34% of the ETH will be used for the bend dev operation. +66% 的 ETH 将用于 bend 协议借贷池，34% 的 ETH 将用于 bend 开发运营。 -### **The rules are as follows:** +### **规则如下：** -* 1,000,000,000 (10%) BEND tokens will be allocated to the Initial Fair-Launch Offering; -* Open for the public; -* 1 ETH = 333,333 BEND; -* After the IFO, all unsold BEND will go towards DAO Treasury. +* 1,000,000,000 (10%) BEND 代币将分配到首次公平启动发售； +* 向公众开放； +* 1 ETH = 333,333 BEND； +* IFO 之后，所有未售出的 BEND 将被纳入 DAO 金库。 -## Release Schedule +## 释放日程 -### [Airdrop](../resources/airdrop.md) +### [空投](../resources/airdrop.md) -### IFO (F for Fair Launch) +### IFO（F 代表公平启动） -### the Bend DAO Treasury. +### Bend DAO 金库 -### Bluechip NFT Community Voting +### 蓝筹 NFT 社区投票 -NFT projects with Instant NFT-backed Loan support will create a positive liquidity cycle for the project which will bring more strong price support and long-term community development. +有即时 NFT 贷款支持的 NFT 项目将为项目创造一个正向的流动循环，这将带来更强的价格支撑和长期社区发展。 -CryptoPunks and Bored Ape YC are the recognized blue chips which are supported as collaterals when Bend officially launches. There will be 4 more NFTs selected as the first batch of NFT collaterals with governance. Those are **Mutant Ape YC, Cool Cats, Doodles, CLONE X, Azuki, World of Women** and **CyberKongz**. +在 Bend 官方启动时，CryptoPunks 和 Bored Ape YC 被认作蓝筹并被支持作为抵押物。 还将有 4 个 NFT 被选为第一批有治理权的 nft。它们是**Mutant Ape YC、Cool Cats、Doodles、CLONE X** 以及 **Azuki**。 -MAYC, Azuki, CloneX, and Doodles are now supported as collateral via Community Voting. Details: [https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) +MAYC、Azuki、CloneX、和 Doodles 现已通过社区投票，被支持作为抵押品。细节见：[https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) -After BEND’s fair launch, BEND holders can deposit BEND to get veBEND which stands for voting escrow BEND. More details will be released soon. +在 BEND 的公平启动之后，BEND 持有人可以将 BEND 存入，以获得代表 BEND 托管选票的 veBEND。更多细节将很快发布。 -### Bend official mainnet launch +### Bend 官方主网启动 -### Multi-sig Election +### 多签选举（Muti-sig Election） -Muti-sig Election is to form the committee to monitor the transactions and to reject the transactions that are not supposed to be executed on behalf of +多签选举是为了组建委员会来监管交易，并拒绝那些不应该代表 Bend DAO 金库所执行的交易。 diff --git a/highlights/instant-lending-and-repayments.md b/highlights/instant-lending-and-repayments.md index ee0c5ce..fd0d943 100644 --- a/highlights/instant-lending-and-repayments.md +++ b/highlights/instant-lending-and-repayments.md @@ -1,38 +1,39 @@ --- -description: Borrow and repay ETH anytime +介绍: 随时 ETH 借贷和还款 --- -# Instant Lending and Repayments +# 即时借贷和还款 -## Borrow and repay ETH anytime +## 随时 ETH 借贷和还款 -**Instant NFT-collateralized loans** bring instant liquidity for blue-chip NFT holders. NFT holders can borrow and repay ETH anytime. +**即时抵押 NFT 贷款** 为蓝筹 NFT 持有者带来即时的流动性。NFT 持有者可以随时借出和偿还 ETH。 -No matching time. +无匹配时间。 -A trustless liquidity solution for NFT holders. Deposit your NFT as collateral for you to be able to borrow Ethereum. Deposited NFTs will be put into an NFT pool and converted into [boundNFTs](../lending-protocol/boundnft.md). +为 NFT 持有者提供一个无需信任的流动性解决方案。您存入 NFT 作为抵押品就能借到以太坊。存入的 NFT 将被放入 NFT 池中，并转换为 [boundNFTs](../lending-protocol/boundnft.md)。 -## Which NFTs can be used as collaterals? +## 哪些 NFT 可以被用作抵押品？ -**Bored Ape YC, CryptoPunks, Mutant Ape YC, Azuki, Clone X,** and **Doodles** are supported as collateral now. +当前支持 **Bored Ape YC、CryptoPunks、Mutant Ape YC、Azuki、Clone X、** 和 **Doodles** 作为抵押品。 -MAYC, Azuki, CloneX and Doodles are selected by BEND stakers. Details of the Community Voting: [https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) +BEND 质押人选择了 MAYC、Azuki、CloneX 以及 Doodles。关于社区投票的细节，见： +[https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) -## NFT Price Discovery +## NFT 价格发现 -**NFT floor prices** are calculated using a complicated algorithm. The original price data comes from a well-known NFT marketplace which is OpenSea. +**NFT 地板价**由一个复杂的算法计算得出。原始价格数据来自一个知名的 NFT 市场，即 Opensea。 -* The Bend team currently maintains the NFT price oracle. -* In the future, Bend governance mechanisms will manage the selection of sources. +* Bend 团队当前负责维护 NFT 价格预言机。 +* 在未来，Bend 治理机制将会管理数据源的选择。 -## What's the Collateral Ratio? +## 什么是抵押品比率？ -| Name | Symbol | Collateral Ratio | Liquidation Threshold | Liquidation Bonus | Redeem Duration (Days) | Auction Duration (Days) | Redeem Fine | +| 名称 | 代号 | 抵押率 | 清算阈值 | 清算奖励 | 赎回期限（天） | 拍卖时长（天） | 赎回罚金 | | ------------ | ----------- | ---------------- | --------------------- | ----------------- | ---------------------- | ----------------------- | ----------- | | CryptoPunks | CryptoPunks | 40% | 90% | 5% | 2 | 2 | 1% | | Bored Ape YC | BAYC | 40% | 90% | 5% | 2 | 2 | 1% | | Others | TBC | 30% | 90% | 5% | 2 | 2 | 1% | -[More details](../risk/nft-risk-parameters.md) +[更多细节](../risk/nft-risk-parameters.md) ## diff --git a/highlights/true-ownership.md b/highlights/true-ownership.md index 77d4716..6de6d45 100644 --- a/highlights/true-ownership.md +++ b/highlights/true-ownership.md @@ -1,27 +1,27 @@ --- -description: True Ownership +介绍: 真实所有权 --- -# True Ownership +# 真实所有权 -You wouldn’t miss airdrops or potential claimables with boundNFT. +当您持有 boundNFT 时，您不会错过任何空投或潜在可领取的内容。 -## What is boundNFT? +## 什么是 boundNFT？ -When the borrower deposits an NFT in Bend DAO, a boundNFT will be minted as a Debt NFT. boundNFT is designed to provide the vault functionality with full security and the same digital self-expression. +当借款人将 NFT 存入 Bend DAO 时，一个 boundNFT 将作为债务 NFT 被铸造出来。boundNFT 被设计为提供保险库功能，同时具有充分安全性和相同数字化自我表达。 -boundNFT has the same metadata and token ID as the original NFT you own which means that you can use boundNFT in your wallet for your social media PFP. No one can steal your boundNFT because it’s non-transferable and non-approvable. +boundNFT 具有与您拥有的原始 NFT 相同的元数据和代币 ID，这意味着您可以在您的钱包中使用 boundNFT，用于您社交媒体的 PFP。没有人可以盗走您的 boundNFT，因为它是不可转移和不可授权的。 -### Utilities of boundNFT +### boundNFT 的用途 -* As debt NFTs when minted and burned on borrow and repay; -* To protect the NFT owners from hacking by [non-transferable and non-approvable](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/protocol/BNFT.sol); -* Same metadata as PFP for [Twitter Blue](https://help.twitter.com/en/using-twitter/twitter-blue-labs#nft); -* Get any of the airdrop, claimable & mintable assets by it; +* 作为债务的 NFT：在借贷时被铸造，在偿还时被烧毁； +* 通过[不可转移和不可授权](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/protocol/BNFT.sol)的方式保护 NFT 所有者免受黑客攻击； +* 与用作[ Twitter Blue ](https://help.twitter.com/en/using-twitter/twitter-blue-labs#nft)PFP 同样的元数据； +* 通过它获得任何空投、可领取的和可铸造的资产； -#### [Flash claim - Use your lent NFT](../user-guides/flashclaim.md) +#### [闪电领取——使用您借出的 NFT](../user-guides/flashclaim.md) -This feature lets boundNFT owers claim NFT rewards on other protocols while their NFTs are still used as collaterals or in the custody service. +该功能让 boundNFT 持有者在 NFT 仍被用作抵押品或在保管服务中时，能够在其它协议上领取 NFT 奖励。 {% hint style="info" %} [boundNFT Github](https://github.com/BoundNFT/) diff --git a/lending-protocol/auction.md b/lending-protocol/auction.md index 7d1f98a..9ef93f2 100644 --- a/lending-protocol/auction.md +++ b/lending-protocol/auction.md @@ -1,31 +1,31 @@ -# Auction +# 拍卖 -The NFT auction design ensures Bend remains both decentralized and sustainable. It is likely the best method to find the real price of NFT assets. +NFT 拍卖的设计确保 Bend 保持去中心化和可持续。这可能是发掘 NFT 资产的真实价格的最佳方法。 -## The Design of NFT Auction +## NFT 拍卖的设计 -An NFT auction will be initiated when the health factor is below 1. More specifically, if the collateral has a liquidation threshold of 90%, the loan will be liquidated when the debt value is worth 90% of the collateral value. The liquidation threshold is specified per collateral and expressed in percentage points. +当健康系数低于 1 时，系统就会启动 NFT 拍卖。更具体地说，如果抵押品的清算阈值为 90%，那么当债务价值为抵押品价值的 90% 时，贷款将被清算。每种抵押品有专门规定的清算阈值，并以百分点表示。 -* An open-outcry ascending dynamic auction system -* The system opens the auction with a starting price. The starting price will be 1) more than 95% of the floor price; and 2) bigger than the total accumulated debt. -* If the borrowers repay the loan in 48 hours, he/she will pay a fine to the first bidder. -* The fine will take the larger of 5% debt or 0.2 ETH. Fine = maximum (5% of the debt, 0.2 ETH) +* 一个公开叫价的上升式动态拍卖系统 +* 系统以一个起始价格开启拍卖。起拍价将是：1）超过地板价的 95%；2）大于累计债务总额。 +* 如果借款人在 48 小时内偿还贷款，他/她将向第一个出价人支付罚金。 +* 罚款将采取债务的 5% 或 0.2 ETH 中的最大值。罚金 = maximum(债务的 5%，0.2 ETH) -### Bidder +### 出价人 -* Anyone can take part in an auction. -* The bid must be:1) no less than the starting price; and 2) higher than the previous bid. -* The first bidder will receive at least 0.2 ETH paid by the borrower as the penalty if the borrower repays within 48 hours. -* The highest bidder will get the collateral if the borrower doesn't repay the loan. -* The bidder needs to deposit ETH to bid. -* The deposited ETH will automatically be refunded when his/her bid is not the highest bid. +* 任何人都可以参与拍卖。 +* 出价必须是：1）不低于起价；2）高于前次出价。 +* 如果借款人在 48 小时内还款，第一个出价人将获得由借款人支付的至少 0.2 ETH 作为罚金。 ； +* 如果借款人不偿还贷款，出价最高的人将得到抵押品。 +* 出价人需要存入 ETH 来竞价。 +* 当他/她的出价不是最高价时，存入的 ETH 将自动被退回。 -### Borrower +### 借款人 -* The borrower will have a [48-hour liquidation protection](../highlights/48h-liquidation-protection.md) period to repay the loan. -* If the borrower repays within 48 hours, he/she will pay a fine of a maximum(5% of the debt, 0.2 ETH) to the first bidder. -* If the collateral is sold in auction for greater than the loan amount, the excess will belong to the borrower. +* 借款人将有 [48-小时 清算保护](../highlights/48h-liquidation-protection.md)时间来偿还贷款。 +* 如果借款人在 48 小时内还款，他/她将支付一笔罚金（债务的 5% 和 0.2 ETH 中的最大值）给最高出价人。 +* 如果抵押品在拍卖中的卖价高于贷款金额，那么超出部分将属于借款人。 {% hint style="info" %} -[Liquidation FAQ](../faq/liquidation.md) +[清算 FAQ](../faq/liquidation.md) {% endhint %} diff --git a/lending-protocol/bendeth-valuation.md b/lending-protocol/bendeth-valuation.md index 033a0eb..48e876b 100644 --- a/lending-protocol/bendeth-valuation.md +++ b/lending-protocol/bendeth-valuation.md @@ -1,5 +1,5 @@ -# bendETH Valuation +# bendETH 估值 -Bend protocol uses the same interest model as AAVE's aToken. You can easily understand what bendETH is if you know AAVE's aToken well. The core value of bendETH and aToken are the same. [Reference](https://docs.aave.com/risk/liquidity-risk/atoken-valuation) +Bend 协议使用与 AAVE 的 aToken 相同的利率模型。如果您很了解 AAVE 的 aToken，您可以轻易理解 bendETH 是什么。bendETH 和 aToken 的核心价值是一样的。[参考资料](https://docs.aave.com/risk/liquidity-risk/atoken-valuation) -The difference between bendETH and aETH is the liquidity on Uniswap. +bendETH 和 aETH 的区别在于 Uniswap 上的流动性。 diff --git a/lending-protocol/bendeth.md b/lending-protocol/bendeth.md index 79ee9b7..97e4b70 100644 --- a/lending-protocol/bendeth.md +++ b/lending-protocol/bendeth.md @@ -1,9 +1,9 @@ # bendETH -Bend protocol uses the same interest model as AAVE's aToken. You can easily understand what bendETH is if you know AAVE's aToken well. The core value of bendETH and aToken are the same. [Reference](https://docs.aave.com/risk/liquidity-risk/atoken-valuation) +Bend 协议使用与 AAVE 的 aToken 相同的利率模型。如果您很了解 AAVE 的 aToken，您可以轻易理解 bendETH 是什么。bendETH 和 aToken 的核心价值是一样的。[参考资料](https://docs.aave.com/risk/liquidity-risk/atoken-valuation) -The difference between bendETH and aETH is the liquidity on Uniswap. +bendETH 和 aETH 的区别在于 Uniswap 上的流动性。 -Bend's bendETH is the interest-bearing token that is minted and burned upon deposit and withdrawal. The bendETH value is pegged to the value of the corresponding deposited asset at a 1:1 ratio and can be safely stored, transferred, or traded. +Bend 的 bendETH 是有利息的代币，在存款和提款时被铸造和燃烧。bendETH 的价值以 1:1 的比例与相应存款资产的价值挂钩，并可以被安全地存储、转移或交易。 -All interest collected by the bendETH reserves is distributed to bendETH holders directly by continuously increasing their wallet balance. +bendETH 储备收集的所有利息通过不断地增加钱包余额直接分配给 bendETH 持有人。 diff --git a/lending-protocol/boundnft.md b/lending-protocol/boundnft.md index d02a043..7dde938 100644 --- a/lending-protocol/boundnft.md +++ b/lending-protocol/boundnft.md @@ -1,27 +1,25 @@ # boundNFT +当借款人将 NFT 存入 Bend DAO 时，一个 boundNFT 将作为债务 NFT 被铸造出来。boundNFT 被设计为提供保险库功能，同时具有充分安全性和相同数字化自我表达。 +boundNFT 具有与您拥有的原始 NFT 相同的元数据和代币 ID，这意味着您可以在您的钱包中使用 boundNFT，用于您社交媒体的 PFP。没有人可以盗走您的 boundNFT，因为它是不可转移和不可授权的。 -When the borrower deposits an NFT in Bend DAO, a boundNFT will be minted as a Debt NFT. boundNFT is designed to provide the vault functionality with full security and the same digital self-expression. +### boundNFT 的用途 -boundNFT has the same metadata and token ID as the original NFT you own which means that you can use boundNFT in your wallet for your social media PFP. No one can steal your boundNFT because it’s non-transferable and non-approvable. +* 作为债务的 NFT：在借贷时被铸造，在偿还时被烧毁； +* 通过[不可转移和不可授权](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/protocol/BNFT.sol)的方式保护 NFT 所有者免受黑客攻击； +* 与用作[ Twitter Blue ](https://help.twitter.com/en/using-twitter/twitter-blue-labs#nft)PFP 同样的元数据； +* 通过它获得任何空投、可领取的和可铸造的资产； -### Utilities of boundNFT +#### [闪电领取——使用您借出的 NFT](../user-guides/flashclaim.md) -* As debt NFTs when minted and burned on borrow and repay; -* To protect the NFT owners from hacking by [non-transferable and non-approvable](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/protocol/BNFT.sol); -* Same metadata as PFP for [Twitter Blue](https://help.twitter.com/en/using-twitter/twitter-blue-labs#nft); -* Get any of the airdrop, claimable & mintable assets by it; - -#### [Flash claim - Use your lent NFT](../user-guides/flashclaim.md) - -This feature lets boundNFT owers claim NFT rewards on other protocols while their NFTs are still used as collaterals or in the custody service. +该功能让 boundNFT 持有者在 NFT 仍被用作抵押品或在保管服务中时，能够在其它协议上领取 NFT 奖励。 [boundNFT Github](https://github.com/BoundNFT/) ![](<../.gitbook/assets/image (7) (1).png>) -For example: +比如： -* Looksrare Collection: [boundBAYC](https://looksrare.org/collections/0xDBfD76AF2157Dc15eE4e57F3f942bB45Ba84aF24), [boundPunks](https://looksrare.org/collections/0x6c415673C79b31aCA38669AD9fb5cdb7012C0e8e), [boundMAYC](https://looksrare.org/collections/0x69f37e419bD1457d2a25ed3f5d418169caAe8D1F) -* Twitter NFT Profile Pictures: [How to use boundBAYC as profile picture](https://help.twitter.com/en/using-twitter/twitter-blue-labs#nft) +* Looksrare 系列：[boundBAYC](https://looksrare.org/collections/0xDBfD76AF2157Dc15eE4e57F3f942bB45Ba84aF24)、[boundPunks](https://looksrare.org/collections/0x6c415673C79b31aCA38669AD9fb5cdb7012C0e8e)、[boundMAYC](https://looksrare.org/collections/0x69f37e419bD1457d2a25ed3f5d418169caAe8D1F) +* Twitter NFT 头像：[如何使用 boundBAYC 作为头像](https://help.twitter.com/en/using-twitter/twitter-blue-labs#nft) diff --git a/lending-protocol/interest-model.md b/lending-protocol/interest-model.md index 5223e36..8a53e82 100644 --- a/lending-protocol/interest-model.md +++ b/lending-protocol/interest-model.md @@ -1,27 +1,27 @@ -# Interest Model +# 利率模型 -Bend’s interest rate model is calibrated to manage liquidity risk and optimize utilization. The borrow interest rates come from the Utilization Rate $$U$$. +Bend 的利率模型经过校准，以管理流动性风险和优化利用。借款利率来自于利用率 $$U$$。 -$$U$$ is an indicator of the availability of capital in the pool. The interest rate model is used to manage liquidity risk through user incentivizes to support liquidity: +$$U$$ 是资金池中可用资金的一个指标。利率模型被用来通过用户激励支持流动性来管理流动性风险： -* When capital is available: low interest rates to encourage loans. -* When capital is scarce: high interest rates to encourage repayments for the loans and additional deposits. +* 当资本可用时：低利率以鼓励贷款。 +* 当资本匮乏时：高利率以鼓励偿还贷款和增加存款。 -## Borrow Interest Rate Curve +## 借款利率曲线 ![](<../.gitbook/assets/Borrow Interest Rate Model.png>) -## Deposit Interest Rate Curve +## 存款利率曲线 ![](<../.gitbook/assets/Deposit Interest Rate Model.png>) -## Interest Rate Models +## 利率模型 -We have listed three different sets of base interest rate models, and the final interest rate model will be decided by the community through voting. +我们列出了三套不同的基础利率模型，而最终的利率模型将由社区通过投票决定。 -### Base Interet Rate 3% +### 3% 基础利率 -| Utilization Rate(%) | Borrow Rate(%) | Deposit Rate(%) | +| 使用率（%） | 借款率（%） | 存款率（%） | | ------------------- | -------------- | --------------- | | 1 | 3.12 | 0.02 | | 5 | 3.62 | 0.13 | @@ -45,9 +45,9 @@ We have listed three different sets of base interest rate models, and the final | 95 | 96.71 | 64.31 | | 100 | 111 | 77.7 | -### Base Interest Rate 5% +### 5% 基础利率 -| Utilization Rate(%) | Borrow Rate(%) | Deposit Rate(%) | +| 使用率（%） | 借款率（%） | 存款率（%） | | ------------------- | -------------- | --------------- | | 1 | 5.12 | 0.04 | | 5 | 5.62 | 0.2 | @@ -71,9 +71,9 @@ We have listed three different sets of base interest rate models, and the final | 95 | 98.71 | 65.64 | | 100 | 113 | 79.1 | -### Base Interest Rate 10% +### 10% 基础利率 -| Utilization Rate(%) | Borrow Rate(%) | Deposit Rate(%) | +| 使用率（%） | 借款率（%） | 存款率（%） | | ------------------- | -------------- | --------------- | | 1 | 10.12 | 0.07 | | 5 | 10.62 | 0.37 | diff --git a/lending-protocol/liquidation-and-redeem.md b/lending-protocol/liquidation-and-redeem.md index 59714ab..f14cb2c 100644 --- a/lending-protocol/liquidation-and-redeem.md +++ b/lending-protocol/liquidation-and-redeem.md @@ -1,26 +1,26 @@ -# Liquidation and Redeem +# 清算和赎回 -The Bend Protocol utilizes a scored 'health factor' for loans. The formula is outlined below. +Bend 协议利用“健康系数”评分进行贷款。该公式概述如下。 -When the 'health factor' of an NFT loan is below 1, anyone can trigger a liquidation in terms of an [**NFT Auction**](auction.md). The liquidator is called Bidder on Bend. The bidder will pay back all of the debt and receive the collateralized NFT in return. +当 NFT 贷款的“健康系数”低于 1 时，任何人都可以以 [**NFT拍卖**](auction.md) 的方式触发清算。清算人在 Bend 上被称为 Bidder（出价人）。出价人将偿还所有的债务，并获得抵押的 NFT 作为回报。 ![](<../.gitbook/assets/image (3).png>) -Please read the[ auction](auction.md) for liquidation details. +请阅读[ 拍卖](auction.md) 中的清算细节。 -## Meaning of Health Factor +## 健康系数的含义 -The definition for Health Factor: (Floor Price \* Liquidation Threshold) / Debt with Interests. +健康系数的定义：(地板价 \* 清算阈值) / 含息债务。 -The risk level of the health factor: +健康系数（HF）的风险水平： -* 0.0 < HF < 1.0: Dangerous, borrower maybe lose collateral if the debt is not repaid timely. -* 1.0 <= HF <= 1.5: Risky, borrower should repay partly the debt timely. -* 1.5 < HF < 2.0: Careful, borrower should pay attention and monitor the debt timely. -* 2.0 <= HF: Safe, borrower no need to worry and keep the debt last. +* 0.0 < HF < 1.0: 危险，如果不及时偿还债务，借款人可能会失去抵押品。 +* 1.0 <= HF <= 1.5: 有风险，借款人应及时偿还部分债务。 +* 1.5 < HF < 2.0: 请注意，借款人应注意并及时监控债务情况。 +* 2.0 <= HF: 安全，借款人不需要担心，可以保持债务。 -Liquidation will be triggered if the NFT loan's health factor is below 1. +如果 NFT 贷款的健康系数低于 1，将会触发清算。 -## NFT Loan State +## NFT 贷款状态 ![](<../.gitbook/assets/NFT Loan State 0320.jpg>) diff --git a/lending-protocol/oracle-price-feeding.md b/lending-protocol/oracle-price-feeding.md index 68eb1ff..638c2d8 100644 --- a/lending-protocol/oracle-price-feeding.md +++ b/lending-protocol/oracle-price-feeding.md @@ -1,36 +1,36 @@ -# Oracle Price Feeding +# 预言机价格推送 -Bend protocol uses NFT floor price from [OpenSea](http://opensea.io) and [LooksRare](https://looksrare.org/) as data of price feeding for NFT collateral. Bend protocol only supports the bluechip NFT asset's floor price for price feeding on-chain. Bluechip NFT's floor price is not easily manipulated. Besides that bend protocol calculate TWAP of floor price to filter the price fluctuate from [OpenSea](http://opensea.io) and [LooksRare](https://looksrare.org/) marketplace. +Bend 协议使用来自 [OpenSea](http://opensea.io) 和 [LooksRare](https://looksrare.org/) 的 NFT 地板价作为 NFT 抵押品的价格推送数据。Bend 协议只支持蓝筹 NFT 资产的地板价，用于链上价格推送。蓝筹 NFT 的地板价不容易被操纵。此外，Bend 协议计算地板价的 TWAP（时间加权均价），以过滤来自 [OpenSea](http://opensea.io) 和 [LooksRare](https://looksrare.org/) 交易市场的价格波动。 -Bend oracle design and running mechanism: +Bend 的预言机设计和运行机制： -1. The off-chain node obtains the raw floor price of NFTs from OpenSea and Looksrare trading markets; -2. Filter the raw floor price data, such as the floor price difference between opensea and looksrare is too big; -3. Calculate the floor price according to the transaction volume of opensea and looksrare; -4. Compare the difference between the price on the chain and the latest floor price to determine whether the floor price needs to be uploaded to the chain; -5. Call the contract interface to upload the floor price to the on-chain contract and calculate the time-weighted average price (TWAP) on-chain to weight the floor price, ensuring the price is reasonable; -6. The twap algorithm is open sourced on the on-chain contract, and everyone can verify the validity of the data; +1. 链下节点从 OpenSea 和 Looksrare 交易市场获得 NFT 的原始地板价； +2. 过滤原始地板价数据，如 Opensea 和 Lookrare 之间的地板价差异太大； +3. 根据 Opensea 和 Looksrare 的交易量计算出地板价； +4. 比较链上价格和最新地板价之间的差异，以决定是否需要将地板价上传到链上； +5. 调用合约接口，将地板价上传至链上合约，并计算链上时间加权平均价格（TWAP）以对地板价进行加权，确保价格合理； +6. twap 的算法在链上合约上是开源的，每个人都可以验证数据的有效性； {% hint style="info" %} -For CryptoPunks, we get floor price from [CryptoPunksMarket](https://etherscan.io/address/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb#code) contract directly! +对于 CryptoPunks，我们从 [CryptoPunksMarket](https://etherscan.io/address/0xb47e3cd837ddf8e4c57f05d70ab865de6e193bbb#code) 合约直接获得地板价！ {% endhint %} -![Oracle Mechanism](<../.gitbook/assets/Bend NFT Oracle 0517.png>) +![预言机机制](<../.gitbook/assets/Bend NFT Oracle 0517.png>) -For security and reliability, we will run multiple nodes to ensure that valid price data can be upload to on-chian oracle contract in a timely manner at all times and the on-chain contract limits the frequency of price feed and the difference between two price feed cannot exceed a threshold. +为了保证安全性和可靠性，我们将运行多个节点以确保有效的价格数据能够随时及时上传到链上预言机合约，并且链上合约限制了价格推送的频率，两个价格推送的差异不能超过一个阈值。 -Bend devs are working with Chainlink team to complete the NFT oracle price feeding. +Bend 的开发人员正在与 Chainlink 团队合作，完成 NFT 预言机的价格推送。 -## Oracle Price Curves +## 预言机价格曲线 -### CryptoPunks Price Curve in 6 months +### CryptoPunks 6 个月内的价格曲线 -As shown in the figure, the floor price of the oracle for CryptoPunks is consistent with the average deal price and TWAP price. +如图所示，CryptoPunks 的预言机地板价与平均交易价格和 TWAP 价格一致。 ![](<../.gitbook/assets/CryptoPunks Price Curve 0401.png>) -### Bored Ape YC Price Curve in 6 months +### Bored Ape YC 6 个月内的价格曲线 -As shown in the figure, the floor price of the oracle for BAYC is consistent with the average deal price and TWAP price. +如图所示，BAYC 的预言机地板价与平均交易价格和 TWAP 价格一致。 ![](<../.gitbook/assets/BAYC Price Curve 0401.png>) diff --git a/marketplace/nft-down-payment-buyer.md b/marketplace/nft-down-payment-buyer.md index 02d5ba2..e4867c0 100644 --- a/marketplace/nft-down-payment-buyer.md +++ b/marketplace/nft-down-payment-buyer.md @@ -1,14 +1,14 @@ -# NFT Down Payment (Buyer) +# NFT 首付（买家） -The buyer can pay a minimum down payment of 60%, depending on the actual price, to buy a bluechip NFT while initiating a flash loan from AAVE to cover the remainder. If the total price of the NFT is much higher than the collection floor price, the percentage of the down payment will increase. The borrowed amount of the flash loan will be repaid through the instant NFT-backed loan on BendDAO. +买家可以根据实际价格，支付最低为 60% 的首付来购买蓝筹 NFT，同时启动 AAVE 的闪电贷款来支付剩余部分。如果 NFT 的总价远远高于系列地板价，首付的比例会增加。闪电贷的借款金额将通过 BendDAO 上的即时 NFT 支持的贷款来偿还。 -To be specific, the workflow of BendDAO NFT down payment is as follows. +具体来说，BendDAO NFT 首付的流程如下。 -1. The buyer pays a minimum down payment of 60%; -2. A flash loan is initiated to borrow the remainder from a third-party platform, e.g. AAVE; -3. The newly purchased NFT will be used as collateral on BendDAO to get instant liquidity; -4. The flash loan will be repaid with the borrowed ETH from BendDAO. +1. 买家至少支付 60% 的首付款； +2. 启动闪电贷，从第三方平台（如 AAVE）借出剩余的资金；; +3. 新购买的 NFT 将被用作 BendDAO 的抵押品以获得即时的流动性； +4. 该闪电贷将用从 BendDAO 借出的 ETH 来偿还。 -The buyers will automatically become borrowers with the down payment. And borrowers can list their mortgaged NFT for sale on the BendDAO marketplace as well. +买家将在支付首付款时自动成为借款人。而借款人也可以在 BendDAO 市场上挂出他们抵押的 NFT 进行销售。 -The supported NFT collections are BAYC, CryptoPunks, MAYC, Doodles, Space Doodles, CloneX and Azuki. The percentage of the down payment is determined by [the LTV on BendDAO](https://docs.benddao.xyz/portal/highlights/instant-lending-and-repayments). +支持的 NFT 系列包括 BAYC、CryptoPunks、MAYC、Doodles、Space Doodles、CloneX 以及 Azuki。首付比率由 BendDAO 的[贷款价值比（LTV）](https://docs.benddao.xyz/portal/highlights/instant-lending-and-repayments)决定。 diff --git a/marketplace/royalties-on-secondary-sales-creator.md b/marketplace/royalties-on-secondary-sales-creator.md index e4685a5..9352fca 100644 --- a/marketplace/royalties-on-secondary-sales-creator.md +++ b/marketplace/royalties-on-secondary-sales-creator.md @@ -1,11 +1,11 @@ -# Royalties on secondary sales (Creator) +# 二次销售版税（创作者） -Every time an item is sold on BendDAO, the project creator can take a percentage of the sale as revenue. This means that you can not only earn money from selling your initial set of items to users, but you can continue to earn as the NFT marketplace heats up. +每次在 BendDAO 上出售物品，项目创建者都可以从销售中抽取一定比例作为收入。这意味着您不仅可以从向用户出售最初的一组项目中赚钱，而且可以随着 NFT 市场的升温继续赚钱。 -To set your secondary sale fee, simply go to your collection management and adjust the "Percentage fee" field under the Royalty section. And specify the payout address where you wish to receive the fees. +要设置您的二次销售费用，只需进入您的藏品管理，调整版税（Royalty）部分下的“费用百分比”（Percentage fee）项目栏。并指定您希望收到费用的支付地址。 -Royalties are charged to the seller. When a seller is take part in a NFT marketplace, you can also earn money with a seller fee. +版税是由卖家收取的。当卖家参加 NFT 市场时，您也可以通过卖家费赚钱。 -For example, Creator A gets a collection and sets a 2.5% royalty for that collection. When orders are created, we include those fees into the order = adding 4.5% on top. That means a 2% trading fee for BendDAO, and another 2.5% royalty for the collection creator. +例如，创造者A 得到一个藏品系列，并为该系列设定了 2.5% 的版税。当订单被创建时，我们将这些费用纳入订单 = 在此基础上增加至 4.5%。这意味着 BendDAO 收取 2% 的交易费用，而系列创造者收取 2.5% 的版税。 -When the payment address has been specified, royalties will be distributed in realtime once an order is matched successfully.\ +当支付地址被指定后，一旦订单被成功匹配，版税将被实时分配。\ diff --git a/nft-liquidity/collateral-listing-seller.md b/nft-liquidity/collateral-listing-seller.md new file mode 100644 index 0000000..e36e694 --- /dev/null +++ b/nft-liquidity/collateral-listing-seller.md @@ -0,0 +1,21 @@ +# 抵押品挂单（卖家） + +NFT持有人/卖家可以选择在挂单前即时获得高达地板价的 40%。即时流动资金实际上是由即时 NFT 支持的贷款提供的。卖方也是 BendDAO 上的借款人，拥有抵押品挂单。 + +在首个版本中，只支持 NFT 以固定价格挂单。 + +![即时流动性挂单（ILL）的流程](https://lh3.googleusercontent.com/pnZHqu5SapL\_7JfQwODl-V-WTJMBuuCGgUV6OiH9SHieFXX2UYnz9dPuSXyHNUG5xo\_SII98GgojAoKHffaHKP-jqBwQf9IqNdTvUixRaoKFrqHU6bWSnRT8i3O8YvwdUtejxTbfozw\_CYGgftiLRA) + +## 交易之后 + +买方将在交易后偿还包括利息在内的贷款。扣除债务与利息后的余额将在交易后转给借款人（卖方）。 + +卖方将获得的金额 = 总价 - 含息债务 + +## 取消挂单 + +卖家可以随时取消挂单。相关贷款仍然生效意味着应计利息的增长会使健康系数下降，这可能会导致清算。 + +[流动性挂单-faq.md](../faq/collateral-listing-faq.md "mention") + +[ ](../faq/collateral-listing-faq.md) diff --git a/nft-liquidity/instant-liquidity-listing-seller.md b/nft-liquidity/instant-liquidity-listing-seller.md deleted file mode 100644 index a2e73a3..0000000 --- a/nft-liquidity/instant-liquidity-listing-seller.md +++ /dev/null @@ -1,23 +0,0 @@ -# Instant Liquidity Listing (Seller) - -NFT holders/sellers can choose to instantly get up to 40% of the floor value of the listing before it even sells. The instant liquidity is actually provided by the instant NFT-backed loan. The seller is also a borrower on BendDAO with the Instant Liquidity listing. - -In the first version only Listing an NFT for a Fixed Price is supported. - -![Workflow of Instant Liquidity Listing (ILL)](https://lh3.googleusercontent.com/pnZHqu5SapL\_7JfQwODl-V-WTJMBuuCGgUV6OiH9SHieFXX2UYnz9dPuSXyHNUG5xo\_SII98GgojAoKHffaHKP-jqBwQf9IqNdTvUixRaoKFrqHU6bWSnRT8i3O8YvwdUtejxTbfozw\_CYGgftiLRA) - -## After the deal - -The buyer will pay off the loan including interests after the deal. The balance after deducting debt with interests will be transferred to the borrower (seller) after the deal. - -The amount Seller will receive = Total price - debt with interests - -## Delisting - -The seller can delist the listing anytime. But the loan will still be effective which means the accrued interest will grow making the loan health factor decrease, which might result in liquidation. - - - -[equity-cash-out-listing-faq.md](../faq/equity-cash-out-listing-faq.md "mention") - -[ ](../faq/equity-cash-out-listing-faq.md) diff --git a/resources/airdrop.md b/resources/airdrop.md index 4c422b3..7ecf48a 100644 --- a/resources/airdrop.md +++ b/resources/airdrop.md @@ -1,40 +1,40 @@ -# Airdrop +# 空投 -## BEND Token Airdrop +## BEND 代币空投 -BEND Airdrop will be the first move of the BEND Fair Launch. +BEND 空投将是 BEND 公平启动的第一步。 -**500,000,000 BEND** (**5%** of the BEND total supply) will be allocated to the whole NFT community in terms of Airdrop. +**500,000,000 BEND**（**5%** 的 BEND 总供给） 将以空投形式分配给整个 NFT 社区。 -## Airdrop Duration +## 空投期限 -To avoid the unnecessary GAS cost, eligible users can claim BEND during a window of **90 days starting from March 20th, from 2022-03-20 16:57:03 GMT+0 to GMT 2022-06-18 16:57:03 GMT+0**. All unclaimed BEND tokens will be reallocated to the DAO Treasury. +为了避免不必要的 GAS 费用，符合条件的用户可以在 **3 月 20 日起的 90 天的时间窗口领取 BEND（从 2022-03-20 16:57:03 GMT+0 到 GMT 2022-06-18 16:57:03 GMT+0）**。所有未领取的 BEND 代币将被重新分配到 DAO 金库。 -## Eligibility +## 空投领取资格 ### OpenSea -OpenSea users who traded between Ethereum Block 13162318 on September 5th, 2021 and Block 14323604 on March 5th, 2022. +在 2021 年 9 月 5 日的以太坊区块 13162318 和 2022 年 3 月 5 日的区块 14323604 之间进行交易的 OpenSea 用户。 -### Bluechip NFTs +### 蓝筹 NFTs -Users who hold the bluechip NFTs on March 5th, 12 am UTC. Bluechip NFTs are Crypto Punks, Bored Ape YC, Mutant Ape YC, Cool Cats, Doodles, CLONE X, Azuki, World of Women and CyberKongz. +3 月 5 日 UTC 上午 12 点 持有蓝筹 NFT 的用户。蓝筹 NFT 是 Crypto Punks、Bored Ape YC、Mutant Ape YC、Cool Cats、Doodles、CLONE X、Azuki、World of Women 以及 CyberKongz。 ### NFTfi -Borrowers and lenders who joined P2P NFT lending before Block 14323604 on March 5th, 2022. +在 2022 年 3 月 5 日区块 14323604 之前参与 P2P NFT 借贷的借款人和出借人。 -### Discord boundNFT OG +### Discord boundNFT 元老 -500 lucky boundNFT OGs will be announced on Bend Discord. +500 名幸运的 boundNFT OG 将在 Bend Discord 上公布。 -## **Tiers** +## **层级** -### Bluechip NFTs +### 蓝筹 NFTs -For Fairness of bluechips votes into the protocol, each of the collections gets the same total bend airdrops. +为了协议内的蓝筹选票的公平性，每个系列将得到同样的总 bend 空投。 -| NFT Collections | BEND Tokens Each Wallet | Total BEND Each Collection | +| NFT 系列 | 每个钱包的 BEND 代币 | 每个系列的总 BEND | | ------------------ | ----------------------: | -------------------------: | | CryptoPunks | 2,777.78 | 27,777,777.78 | | BoredApeYachtClub | 2,777.78 | 27,777,777.78 | @@ -48,9 +48,9 @@ For Fairness of bluechips votes into the protocol, each of the collections gets ### OpenSea -5 tiers for OpenSea users. Each eligible wallet will be able to claim an amount of BEND corresponding to their total trading volume in ETH on OpenSea. +为 OpenSea 用户提供 5 个层级。每个符合条件的钱包将能够领取与他们在 OpenSea 上的 ETH 总交易量相对应的 BEND 数额。 -| Tier | Volume in ETH | BEND Tokens Each Address | BEND Tokens Each Tier | +| 层级 | ETH 交易量 | 每个地址的 BEND 代币 | 每个层级的 BEND 代币 | | ---- | ------------- | -----------------------: | --------------------: | | 1 | 120 <= v | 2,266.27 | 39,684,666.67 | | 2 | 60<= v <120 | 1,380.24 | 26,456,444.44 | @@ -58,17 +58,17 @@ For Fairness of bluechips votes into the protocol, each of the collections gets | 4 | 10<= v < 20 | 675.39 | 39,684,666.67 | | 5 | 3<= v < 10 | 536.40 | 79,369,333.33 | -### Discord Community +### Discord 社区 -| Lucky Testers in Discord | BEND Tokens Each Address | Total BEND Tokens | +| Discord 内的幸运测试者 | 每个地址的 BEND 代币 | 总 BEND 代币 | | ------------------------ | -----------------------: | ----------------: | | 500 | 2,000.00 | 1,000,000.00 | ### NFTfi -6 tiers for NFTfi users. Each eligible wallet will be able to claim an amount of BEND corresponding to their loan volume in ETH on NFTfi. +为 NFTfi 用户提供 6 个层级。每个符合条件的钱包将能够领取与他们在 NFTfi 上的 ETH 总借贷量相对应的 BEND 数额。 -| Tier | Volume in ETH | BEND Tokens Each Address | BEND Tokens Each Tier | +| 层级 | ETH 借贷量 | 每个地址的 BEND 代币 | 每个层级的 BEND 代币 | | ---- | -------------- | -----------------------: | --------------------: | | 1 | 1000 <= V | 30,000.00 | 240,000.00 | | 2 | 200 <= V <1000 | 20,000.00 | 780,000.00 | @@ -77,44 +77,45 @@ For Fairness of bluechips votes into the protocol, each of the collections gets | 5 | 1<= V < 10 | 10,000.00 | 4,520,000.00 | | 6 | 0.01<= V < 1 | 8,000.00 | 2,584,000.00 | -## No Conditions to Claim +## 无条件领取 -No extra conditions. +没有额外条件。 -## The Utility of BEND Token +## BEND 代币的实用性 -BEND is the governance token of Bend DAO. +BEND 是 Bend DAO 的治理代币。 -BEND holders can stake BEND to get vote-escrowed BEND (veBEND). +BEND 持有人可以质押 BEND 获得 BEND 选票（veBEND）。 -**veBEND** has two main uses: [**Voting**](https://snapshot.org/#/benddao.eth) and **Earning**. +**veBEND** 有两个主要用途：[**投票**](https://snapshot.org/#/benddao.eth) 和 **收益分成**。 -### **Voting** +### **投票** -Holders of veBEND can participate in voting on which NFT as collateral that Bend protocol can support for borrowing ETH and providing liquidity. It will benefit all the NFT holders as long as the supported NFT liquidity improved. +BEND 的持有人可以参与投票，决定 Bend 协议可以支持哪些 NFT 作为抵押品以借出 ETH 并提供流动性。只要支持的 NFT 流动性得到改善，所有 NFT 持有者都会受益。 -### **Earning** +### **收益分成** -* BEND stakers share 100% of the protocol income. +* BEND 质押者共享 100% 的协议收入。 -More details of [veBEND](../governance/vote-escrowed-bend-vebend.md). +更多关于[ veBEND ](../governance/vote-escrowed-bend-vebend.md)的细节。 -## Bend Launch Schedule +## Bend 启动日程 -* [IFO (F for Fair Launch)](../highlights/fair-launch.md) -* Bluechip NFT Community Voting +* [IFO（F 代表公平启动）](../highlights/fair-launch.md) +* 蓝筹 NFT 社区投票 -NFT projects with Instant NFT-backed Loan support will create a positive liquidity cycle for the project which will bring more strong price support and long-term community development. -**CryptoPunks** and **Bored Ape YC** are the recognized blue chips that are supported as collaterals when Bend officially launches. **Mutant Ape YC**, **Azuki**, **Clone X**, and **Doodles** are selected by Bend DAO members who [stake BEND](../governance/vote-escrowed-bend-vebend.md). +拥有由 NFT 支撑的即时借贷支持的 NFT 项目将为项目创造一个正向流动性循环，这将带来更强大的价格支持和长期的社区发展。 -Community Voting details: [https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) +在 Bend 官方启动时，**CryptoPunks** 和 **Bored Ape YC** 被认作蓝筹而被支持作为抵押品。**Mutant Ape YC**、**Azuki**、**Clone X** 和 **Doodles** 由[质押 BEND ](../governance/vote-escrowed-bend-vebend.md)的 Bend DAO 成员选出。 + +社区投票细节：[https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC](https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC) ![](../.gitbook/assets/BendVoting.png) -* Bend official mainnet launch -* Multi-sig Election +* Bend 官方主网启动 +* 多签选举（Muti-sig Election） - Muti-sig Election is to form the committee to monitor the transactions and to reject the transactions that are not supposed to be executed on behalf of the Bend DAO Treasury. + 多签选举是为了组建委员会来监管交易，并拒绝那些不应该代表 Bend DAO 金库所执行的交易。 -More details of the BEND[ Fair Launch](../highlights/fair-launch.md). +更多关于 BEND[ 公平启动](../highlights/fair-launch.md)的细节。 diff --git a/resources/social-media.md b/resources/social-media.md index 0affaad..7ef92f1 100644 --- a/resources/social-media.md +++ b/resources/social-media.md @@ -1,6 +1,7 @@ -# Social Media +# 社交媒体 -| Twitter | [https://twitter.com/BendDAO](https://twitter.com/BendDAO) | +| 平台 | 链接 | | ------- | -------------------------------------------------------------- | +| Twitter | [https://twitter.com/BendDAO](https://twitter.com/BendDAO) | | Medium | [https://medium.com/@BendDAO](https://medium.com/@BendDAO) | | Discord | [https://discord.gg/benddao](https://discord.gg/benddao) | diff --git a/resources/terms-of-service.md b/resources/terms-of-service.md index 01a9429..b264b40 100644 --- a/resources/terms-of-service.md +++ b/resources/terms-of-service.md @@ -1,8 +1,8 @@ --- -description: 'Last updated: 2022-02-24' +介绍: '上次更新于：2022-02-24' --- -# TERMS OF SERVICE +# 服务条款 ## Introduction diff --git a/risk/adding-a-reserve.md b/risk/adding-a-reserve.md index 8375a9b..89f195f 100644 --- a/risk/adding-a-reserve.md +++ b/risk/adding-a-reserve.md @@ -1,9 +1,10 @@ -# - Adding a Reserve +# - 增加一个储备资产 -Bend enables users to deposit and borrow digital currencies through the pooling of funds. Depositors receive protocol-issued bTokens, which gather deposits and the interest generated. Each loan is secured by NFT collateral acting as a risk mitigation tool against default. As the means of exchange, currencies are central in Bend’s non-custodial lending operations.Given the specificities of Bend’s evaluation model, the selection of currencies has been performed with the following constraints: +Bend 使用户能够通过汇集资金来存入和借出数字货币。存款人收到协议发行的 bTokens，它收集存款和产生的利息。每笔贷款都有 NFT 抵押品作为担保，作为防止违约的风险缓解工具。作为交换手段，货币是 Bend 非托管贷款业务的核心。鉴于 Bend 评估模型的特殊性，货币的选择有以下限制。 -1. Each additional currency will slightly increase the gas cost of the borrow and repay actions permanently. The currency must be included in the smart contract, adding complexity and thus costs. -2. A centralized currency accepted as collateral exposes the protocol to its centralization risk. The single point of failure risks of underlying currencies flow into Bend Protocol. -3. Currencies only enabled for depositing and borrowing (not usable as collaterals) present lower risk for the protocol. -When adding a currency to the protocol, significant controls are required to ensure the currency will add more value than risk. Only currencies with a worthy product and significant community are considered. The currency risk assessment explores whether the currencies represent a reasonable amount of risk for the protocol, calibrating the currencies parameters to mitigate those risks. +1. 每一个额外的货币将永久略微增加借贷和偿还行为的 gas 成本（手续费）。货币必须包含在智能合约中，增加了复杂性，从而增加了成本。 +2. 一个被接受为抵押品的中心化代币使协议面临其中心化的风险。基础货币的单点故障风险流入 Bend 协议。 +3. 货币仅能用于存款和借款（不能作为抵押品）为协议带来较低的风险。 + +当添加一个货币到协议时，需要进行重要的管控，以确保该货币将增加更多的价值而不是风险。只有那些有有价值的产品和知名的社区的货币才被考虑。货币风险评估探讨了这些货币是否代表了协议的合理风险量，调校货币参数以减轻这些风险。 diff --git a/risk/adding-an-nft.md b/risk/adding-an-nft.md index e721d69..25f7f2f 100644 --- a/risk/adding-an-nft.md +++ b/risk/adding-an-nft.md @@ -1,14 +1,14 @@ -# - Adding an NFT +# - 增加一个 NFT 资产 -Bend protocol enables NFT loans through the pooling of funds. Each loan is secured by an NFT collateral acting as a risk mitigation tool against default. +Bend 协议通过汇集资金实现 NFT 贷款。每笔贷款都有一个 NFT 抵押品作担保，作为防止违约的风险缓解工具。 -Given the specificities of Bend’s evaluation model, the selection of NFTs has been performed with the following constraints: +鉴于 Bend 的评估模型的特殊性，在选择 NFT 时有以下限制： -1. Each additional NFT will slightly increase the gas cost of the borrow and repay actions permanently. The currency must be included in the smart contract, adding complexity and thus costs. -2. Each NFT added to Bend protocol as collateral increases the protocol risk of insolvency. From a financial perspective, the assets of Bend Protocol are the collaterals, while the liabilities are the loaned amounts. The underlying floor price of assets and liabilities often differ, with loans mostly taken in ETHs and backed by volatile NFTs. This means the protocol is heavily exposed to the failure of supported token systems as well as market fluctuations. -3. A centralized NFT accepted as collateral exposes the protocol to its centralization risk. The single point of failure risks of underlying currencies flow into Bend Protocol. -4. Collaterals are the assets of the protocol. To remain solvent, these assets must remain greater than the liabilities, the loans. +1. 每一个额外的 NFT 将永久略微增加借贷和偿还行为的 gas 成本（手续费）。货币必须包含在智能合约中，增加了复杂性，从而增加了成本。 +2. 每一个加入 Bend 协议的 NFT 作为抵押品都会增加协议的无力偿付的风险。从金融角度来看，Bend 协议的资产是抵押品，而负债是贷款金额。资产和负债背后的地板价往往不同，贷款大多以 ETH 为单位，由波动较大的 NFT 支撑。这意味着该协议严重暴露于所支持的代币系统的失败以及市场波动。 +3. 一个被接受为抵押品的中心化 NFT 使协议面临其中心化的风险。基础货币的单点故障风险流入 Bend 协议。 +4. 抵押品是协议的资产。为了保持偿付能力，这些资产必须保持大于负债，即贷款。 -When adding a NFT to the protocol, significant controls are required to ensure the NFT will add more value than risk. Only NFTs with a great reputation and significant community are considered. +当添加 NFT 到协议时，需要进行重要的管控，以确保 NFT 将增加更多的价值而不是风险。只有具有良好声誉和知名的社区的 NFT 才会被考虑。 -In the first phase of project development, CryptoPunks, Bored Ape Yacht Club, Doodles, Meebits and Cool Cats can be used as collateral for NFT loans. +在项目开发的第一阶段，CryptoPunks、Bored Ape Yacht Club、Doodles、Meebits 和 Cool Cats 可以作为 NFT 贷款的抵押品。 diff --git a/risk/bluechip-nft-eligibility-requirements.md b/risk/bluechip-nft-eligibility-requirements.md index 0b0520c..f2bb1c1 100644 --- a/risk/bluechip-nft-eligibility-requirements.md +++ b/risk/bluechip-nft-eligibility-requirements.md @@ -1,24 +1,23 @@ -# Bluechip NFT Eligibility Requirements +# 蓝筹 NFT 资格要求 -Before BendDAO adds a new NFT as collateral, the NFT collection must pass the community voting and meet the following eligibility requirements. +在 BendDAO 增加新的 NFT 作为抵押品之前，NFT 系列必须通过社区投票并满足以下资格要求。 +以下是所建议的资格要求。 +1. 地板价以及 30 天平均地板价超过 **10 ETH**； +2. 市值大过地板价 \* 10,000； +3. 藏品数量大过 5,000； +4. NFTs 的流通量超过总量的 50%； +5. 持有人数大过 1,000； +6. OpenSea 上的历史交易量（all-time Trading Volume）超过 **5 万 ETH**（相关系列为 Space Doodles）； +7. 系列已部署超过 **30 天**； +8. NFT 揭示时为随机铸造。 -The following are the suggested eligibility requirements. +**对现有要求的修正** -1. The floor price and the 30-day average floor price are over **10 ETH**; -2. The market cap is bigger than Floor Price \* 10,000; -3. The number of items is bigger than 5,000; -4. The circulation of NFTs is more than 50% of the total items; -5. The number of owners is bigger than 1,000; -6. The all-time Trading Volume on OpenSea is more than **50K ETH** (related collections Space Doodles); -7. The collection has been deployed for more than **30 days**; -8. Random NFT minting when reveal. +对于一个官方封装的系列，其指标可以参考原始系列。\ + 例如，Space Doodles 系列被支持作为抵押品，但其交易量没有达到 5 万 ETH。由于 Space Doodles 是被封装的 Doodles，也就是被认为是 Doodles 的一部分。 -**Amendments to existing requirements** +Snapshot: [https://snapshot.org/#/benddao.eth/proposal/0xd541d40a9072573ef718287d95d6bd5d5bb5a269a135e5c23d68769884fdf824](https://snapshot.org/#/benddao.eth/proposal/0xd541d40a9072573ef718287d95d6bd5d5bb5a269a135e5c23d68769884fdf824). -1. For an official wrapped collection, its metrics can be referred to the original collection.\ - For example, Space Doodles collection is supported as collateral, but the trading volume doesn’t meet 50K ETH. Since Space Doodles are wrapped Doodles which is considered part of Doodles as well.\ - Snapshot: [https://snapshot.org/#/benddao.eth/proposal/0xd541d40a9072573ef718287d95d6bd5d5bb5a269a135e5c23d68769884fdf824](https://snapshot.org/#/benddao.eth/proposal/0xd541d40a9072573ef718287d95d6bd5d5bb5a269a135e5c23d68769884fdf824). - -Community voting record: [https://snapshot.org/#/benddao.eth/proposal/0xae941ac51880c53ac9b534195f8c359f165cf61debcb56932698603db8e4c48d](https://snapshot.org/#/benddao.eth/proposal/0xae941ac51880c53ac9b534195f8c359f165cf61debcb56932698603db8e4c48d) +社区投票记录：[https://snapshot.org/#/benddao.eth/proposal/0xae941ac51880c53ac9b534195f8c359f165cf61debcb56932698603db8e4c48d](https://snapshot.org/#/benddao.eth/proposal/0xae941ac51880c53ac9b534195f8c359f165cf61debcb56932698603db8e4c48d) diff --git a/risk/interest-rate-model.md b/risk/interest-rate-model.md index 783c2b2..ad87599 100644 --- a/risk/interest-rate-model.md +++ b/risk/interest-rate-model.md @@ -1,70 +1,70 @@ -# Interest Rate Model +# 利率模型 -## Overview +## 概述 -Bend is an NFT liquidity and lending protocol that enables borrowing ETH from the liquidity pools. Depositors receive bETH, in exchange of cryptocurrency deposits. +Bend 是一个NFT流动性和借贷协议，能够让用户从流动性池中借出 ETH。存款人收到 bETH，以换取加密货币存款。 -The liquidity of the protocol is the availability of the capital to face business operations: borrowing amounts and redeeming bTokens. It is a key metric, as lack of liquidity will block business operations. +协议的流动性是面对商业运作的资本可用性：借出金额和赎回 bTokens。这是一个关键指标，因为缺乏流动性将阻碍商业运作。 -At any point in time, the liquidity of the protocol can be assessed through the utilisation ratio: the share of reserve that is currently borrowed for each currency. +在任何时候，协议的流动性都可以通过利用率来评估：目前每种货币所借的储备份额。 -In this section, we dive into Bend's liquidity risk by analysing the historical availability of Bend's assets and identify periods of lack of liquidity. Then we look at the valuation of bTokens, illiquid assets often suffer from illiquidity discounts due to the difficulty to find counter parties. +在这节中，我们通过分析 Bend 资产的历史可用性和识别缺乏流动性的时期来深入研究 Bend 的流动性风险。然后我们看一下 bTokens 的估值，缺乏流动性的资产往往由于难以找到对手方而遭受流动性折价。 -The historical utilisation and bToken valuation help us assess the level of liquidity risk of the protocol. Once this risk is understood, we can put in place risk management techniques through the borrow interest rate model and set up alternative sources of bToken liquidity. +历史利用率和 bToken 的估值有助于我们评估协议的流动性风险水平。一旦了解了这种风险，我们就可以通过借贷利率模型来实施风险管理技术，并建立 bToken 流动性的替代来源。 -## Interest Rate Model +## 利率模型 -Bend’s interest rate model is calibrated to manage liquidity risk and optimize utilization. The borrow interest rates come from the Utilization Rate U.U is an indicator of the availability of capital in the pool. The interest rate model is used to manage liquidity risk through user incentivizes to support liquidity: +Bend 的利率模型被调校以管理流动性风险和优化利用。借款利率来自于利用率 U. U 是资金池中可用资金的一个指标。利率模型被用来通过用户激励支持流动性来管理流动性风险： -* When capital is available: low interest rates to encourage loans. -* When capital is scarce: high interest rates to encourage repayments for the loans and additional deposits. +* 当资本可用时：低利率以鼓励贷款。 +* 当资本匮乏时：高利率以鼓励偿还贷款和增加存款。 -## Interest Rate Model +## 利率模型 -Liquidity risk materializes when utilization is high, it becomes more problematic as gets closer to 100%. To tailor the model to this constraint, the interest rate curve is split into two parts around an optimal utilization rate $$U_{optimal}$$. Before $$U_{optimal}$$ the slope is small, after it starts rising sharply. +当利用率较高时，流动性风险就会出现，当接近 100% 时，流动性风险就会变得更有问题。为了使模型适应这种约束，利率曲线围绕着一个最佳的利用率 $$U_{optimal}$$ 被分成两部分。在 $$U_{optimal}$$ 之前，斜率很小，在其之后，利率开始急剧上升。 -The interest rate $$R_t$$ follows the model: +利率 $$R_t$$ 遵从这个模型： -$$if U < U_{optimal}: R_t = R_o + U_t / U_{optimal} * R_{slope1}$$ +$$若 U < U_{optimal}: R_t = R_o + U_t / U_{optimal} * R_{slope1}$$ -$$if U \ge U_{optimal}: R_t = R_o + R_{slope1} + (U_t - U_{optimal}) / (1 - U_{optimal}) * R_{slope2}$$ +$$若 U \ge U_{optimal}: R_t = R_o + R_{slope1} + (U_t - U_{optimal}) / (1 - U_{optimal}) * R_{slope2}$$ -In the borrow rate technical implementation, the calculateCompoundedInterest method relies on an approximation that mostly affects high interest rates. +在借款利率的技术实现中，calculateCompoundedInterest（计算复利）的方法依赖于一个近似值，它主要影响高利率。 -## Model Parameters +## 模型参数 -It's also key to consider market conditions: how can the asset be used in the current market Bend's borrowing costs must be aligned with market yield opportunities. Or there would be a rate arbitrage with rational users incentivized to borrow all the liquidity on Bend to take advantage of higher yield opportunities. +考虑市场条件也是关键：在目前的市场上如何使用该资产——Bend 的借贷成本必须与市场收益机会相一致。否则就会出现利率套利，理性的使用者会被激励去借用 Bend 上所有的流动性，以利用更高的收益机会。 -When market conditions change, the interest rate parameters can be adapted. These changes must adapt to utilization on Bend’s market. +当市场条件发生变化时，利率参数可以进行调整。这些变化必须适应 Bend 市场上的利用率。 -Bend also adapted its cost of borrowing by lowering of the assets affected. This increased the borrow costs that are now partially offset by the liquidity reward. +Bend 还通过降低受影响的资产来调整其借款成本。增加了的借贷成本，现在被流动性收益部分抵消。 -Following the favorable historical review of liquidity risk, the interest rate models have been optimized to be more competitive while keeping theirs risk mitigation properties. +在对流动性风险进行有利的历史审查之后，利率模型已经被优化，在保持其风险缓解特性的同时，更具有竞争力。 -| Asset | Uoptimal | Ro | Rslope1 | Rslope2 | +| 资产 | Uoptimal | Ro | Rslope1 | Rslope2 | | ----- | -------- | -- | ------- | ------- | | ETH | 65% | 0 | 8% | 100% | -### Borrow Interest Rate Curve +### 借款利率曲线 ![](<../.gitbook/assets/Borrow Interest Rate Model.png>) -## Deposit APY +## 存款 APY -The borrow interest rates paid are distributed as yield for bendETH holders who have deposited in the protocol, excluding a share of yields sent to the ecosystem reserve defined by the reserve factor. This interest rate is paid on the capital that is lent out then shared among all the liquidity providers. +是指支付的借款利率作为收益分配给在协议中存款的 bendETH 持有人，不包括发送到由储备系数定义的生态系统储备的收益份额。这个利率是对借出的资本支付的，然后在所有流动性提供者之间共享。 -The deposit APY, $$D_t$$, is: +存款 APY，$$D_t$$，为： $$D_t = U_t * B_t * (1-R_t)$$. -$$U_t$$: the utilisation ratio. +$$U_t$$：使用率 -$$B_t$$: the variable borrow rate. +$$B_t$$：浮动借款利率（variable borrow rate） -$$R_t$$: the reserve factor. +$$R_t$$：储备系数 -### Deposit Interest Rate Curve +### 存款利率曲线 -![Deposit Interest Rate Model](<../.gitbook/assets/Deposit Interest Rate Model.png>) +![存款利率模型](<../.gitbook/assets/Deposit Interest Rate Model.png>) -You can view the protocol's deposit APY on the Bend App for each asset. +您可以在 Bend App 上查看每种资产的协议存款 APY。 diff --git a/risk/nft-risk-parameters.md b/risk/nft-risk-parameters.md index 8cdc799..f0c6884 100644 --- a/risk/nft-risk-parameters.md +++ b/risk/nft-risk-parameters.md @@ -1,28 +1,28 @@ -# NFT Risk Parameters +# NFT 风险参数 -The DeFi ecosystem is built by DeFi projects. The risk assessment considers market and smart contract risks for the NFTs selected for Bend protocol. +DeFi 生态系统是由 DeFi 项目建立的。风险评估考虑了为 Bend 协议选择的 NFT 的市场和智能合约风险。 -The risk framework aims to analyse the inherent risks of the NFT assets in the Bend Protocol and describes the processes in place to mitigate them. +该风险框架旨在分析 Bend 协议中的 NFT 资产的固有风险，并描述了为减轻这些风险而制定的程序。 -With Bend, NFT holders will now be able to actively participate in the DeFi ecosystem. However, it also exposes the protocol to financial contagion. NFT collateral used in the protocol affects the protocol at its core, in particular NFT projects accepted as collateral which safeguard the solvency of the protocol. To ensure a currency holds a reasonable amount of risk, we investigate five different parameters. +有了 Bend，NFT 持有人现在将能够积极参与 DeFi 生态系统。然而，它也使协议暴露在金融系统的传导中。协议中使用的 NFT 抵押品影响了协议的核心，特别是作为抵押品被接受的 NFT 项目，它保障了协议的偿付能力。为了确保货币持有合理的风险量，我们调查了五个不同的参数。 -Refer to the NFT Performance Map designed by nonfungible.com, five key metrics will be involved. +参照 nonfungible.com 设计的 NFT 表现图，风险参数将涉及五个关键指标。 -* Trade Volume (Number of sales) -* Asset value (Average asset sales value) -* Interactions (Number of dapp transactions, including bids and other interactions) -* Community (Number of unique wallets interacting at the dapp level) -* Retention (Percentage of how many days a wallet is active in the time period, for example a retention rate of 14.3% indicates that users are only active one day of the week) +* 交易量（交易的数量） +* 资产价值（平均资产交易价值） +* 交互（dapp 交易数量，包括竞价和其它交互） +* 社群（在 dapp 上交互的独立钱包的数量） +* 留存（一个钱包在时间段内活跃的天数的百分比，例如，14.3% 的保留率表明用户在一周内只有一天是活跃的） -The table below shows a summary of the latest values. +下列图表显示了最新数值的摘要。 -| Name | Symbol | Collateral Ratio | Liquidation Threshold | Liquidation Bonus | Redeem Duration | Auction Duration | Redeem Fine | +| 名称 | 代号 | 抵押率 | 清算阈值 | 清算奖励 | 赎回期限 | 拍卖时长 | 赎回罚金 | | -------------- | ----------- | ---------------- | --------------------- | ----------------- | --------------- | ---------------- | ----------- | -| Bored Ape YC | BAYC | 40% | 90% | 5% | 48 hours | 48 hours | 1% | -| CryptoPunks | CryptoPunks | 40% | 90% | 5% | 48 hours | 48 hours | 1% | -| Mutant Ape YC | MAYC | 30% | 90% | 5% | 48 hours | 48 hours | 1% | -| Azuki | AZUKI | 30% | 90% | 5% | 48 hours | 48 hours | 1% | -| CLONE X | CLONEX | 30% | 90% | 5% | 48 hours | 48 hours | 1% | -| Doodles | DOODLE | 30% | 90% | 5% | 48 hours | 48 hours | 1% | -| Space Doodles | SDOODLE | 30% | 90% | 5% | 48 hours | 48 hours | 1% | +| Bored Ape YC | BAYC | 40% | 90% | 5% | 48 小时 | 48 小时 | 1% | +| CryptoPunks | CryptoPunks | 40% | 90% | 5% | 48 小时 | 48 小时 | 1% | +| Mutant Ape YC | MAYC | 30% | 90% | 5% | 48 小时 | 48 小时 | 1% | +| Azuki | AZUKI | 30% | 90% | 5% | 48 小时 | 48 小时 | 1% | +| CLONE X | CLONEX | 30% | 90% | 5% | 48 小时 | 48 小时 | 1% | +| Doodles | DOODLE | 30% | 90% | 5% | 48 小时 | 48 小时 | 1% | +| Space Doodles | SDOODLE | 30% | 90% | 5% | 48 小时 | 48 小时 | 1% | diff --git a/risk/reserve-risk-parameters.md b/risk/reserve-risk-parameters.md index 4dadfc6..8503fce 100644 --- a/risk/reserve-risk-parameters.md +++ b/risk/reserve-risk-parameters.md @@ -1,13 +1,13 @@ -# Reserve Risk Parameters +# 储备金风险参数 -The composability of the DeFi ecosystem implies risks from an individual component flow into all dependent systems. Currencies are at the heart of the Bend protocol as they enable operations and hold the assets and liabilities of the protocol. +DeFi 生态系统的可组合性意味着来自单个组件的风险会流入所有从属系统。货币是 Bend 协议的核心，因为它们能够实现操作并持有协议的资产和负债。 -This documentation, developed by the Risk Management Team, focuses on the risk assessment for currencies supported by Bend. The risk assessment considers market, counter-party and smart contract risks for the currencies selected for Bend protocol, aiming to contribute to higher risk standards within DeFi. +本文件由风险管理团队开发，重点是对 Bend 支持的货币进行风险评估。该风险评估考虑了为 Bend 协议选择的货币的市场、对手方和智能合约风险，旨在为 DeFi 内更高的风险标准作出贡献。 -Each Reserve asset in the Bend protocol has specific values related to their risk, which influences how they are supplied and borrowed. The calibration of the parameters for Bend is more aggressive as the Bend ecosystem is mature with some educated users and liquidators. +Bend 协议中的每个储备资产都有与其风险相关的特定值，这影响了它们的供应和借出方式。由于 Bend 生态系统已经成熟，有一些受过教育的用户和清算者，因此 Bend 的参数调校更加激进。 -The table below shows a summary of the latest values. +下表显示了最新数值的摘要。 -| Name | Symbol | Reserve Factor | +| 名称 | 代号 | 储备系数 | | -------- | ------ | -------------- | -| Ethereum | ETH | 30% | +| 以太坊 | ETH | 30% | diff --git a/risk/risk-framework.md b/risk/risk-framework.md index e3d1ad9..971e776 100644 --- a/risk/risk-framework.md +++ b/risk/risk-framework.md @@ -1,9 +1,9 @@ -# Risk Framework +# 风险框架 -With billions of locked assets, Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) have boomed in recent years. Bend Protocol launched on the Rinkeby in January 2022, now among the top NFT lending markets for depositors and borrowers. +凭借数十亿的锁定资产，去中心化金融（DeFi）和非同质化代币（NFT）在最近几年蓬勃发展。2022 年 1 月，Bend 协议在测试网（Rinkeby）上推出，现在是储户和借款人的顶级 NFT 借贷市场之一。 -The industry has been forming various standards to manage the emerging risks related to the hyper-connected ecosystem. Bend holds security at its core with audits by [CertiK](https://www.certik.com/projects/bend-dao) as detailed in [Security & Audits](security-and-audits.md). +该行业一直在形成各种标准，以管理与超级连接的生态系统相关的新兴风险。Bend 以安全为核心，由 [CertiK](https://www.certik.com/projects/bend-dao) 进行审计，详情见 [安全和审计](security-and-audits.md). -The following documentation analyses the fundamental risks of the protocol and describes the processes in place to mitigate them. A Bend Market Risk Assessment has been produced by the quantitative modeling team of Bend. Bend and the Safety Module have been stress tested via agent-based simulation. The simulations show that the model can remain solvent under extreme market conditions, exhibiting proper risk management. As a result, Bend provided some parameter suggestions to reduce insolvency risk further. +下面的文件分析了协议的基本风险，并描述了为减轻这些风险而制定的程序。Bend 市场风险评估已经由 Bend 的量化建模团队制作完成。Bend 和其安全模块已经通过基于代理的模拟进行了压力测试。模拟结果显示，该模型在极端的市场条件下可以保持偿付能力，表现出适当的风险管理。因此，Bend 提供了一些参数建议，以进一步降低破产风险。 -If you have any questions, join us on Discord; our team and community members look forward to helping you understand Bend's risks and risk management procedures. +如果您有任何问题，请加入我们的 Discord；我们的团队和社区成员期待着帮助您了解 Bend 的风险和风险管理程序。 diff --git a/risk/security-and-audits.md b/risk/security-and-audits.md index 64d7e4a..254d738 100644 --- a/risk/security-and-audits.md +++ b/risk/security-and-audits.md @@ -1,46 +1,47 @@ -# Security and Audits +# 安全和审计 -## Audits +## 审计 -BendDAO protocol has been implemented with security as the top priority. The system has been designed to be safe and secure, and we have spent all the necessary resources in order to ensure that the protocol matches the highest security standards. +BendDAO 协议的实施以安全为首要考虑。该系统的设计是安全的，我们已经花费了所有必要的资源以确保该协议符合最高的安全标准。 -Below are the links to all audit reports for BendDAO. +以下是 BendDAO 的所有审计报告的链接。 -| Auditor | Date | Report | -| ----------------- | ---------- | ---------------------------------------------------------------------------------------------- | +| 审计方 | 日期 | 报告 | +| ----------------- | ---------- | ------------------------------------------------------------------------------------ | +| Verilog Solutions | 2022-08-03 | [https://www.verilog.solutions/audits/benddao\_liquidity/](https://www.verilog.solutions/audits/benddao\_liquidity/) | | Verilog Solutions | 2022-05-26 | [https://www.verilog.solutions/audits/benddao/](https://www.verilog.solutions/audits/benddao/) | -| Certik | 2022-04-01 | [https://www.certik.com/projects/bend-dao](https://www.certik.com/projects/bend-dao) | +| Certik | 2022-04-01 | [https://www.certik.com/projects/bend-dao](https://www.certik.com/projects/bend-dao) | {% hint style="info" %} -Regarding the Unresolved Major issues in the Certik report: +关于 Certik 报告中未解决的主要问题（Unresolved Major issues）： -1. For the risk of centralization, BendDAO has deployed **Timelock Controller** and **Multi-Signature Wallet**, please read the details [here.](security-and-audits.md#timelock-controller) -2. For the NFT Oracle, BendDAO has adopted various solutions such as backup nodes, time weighting, and threshold checking, please read the details [here](../lending-protocol/oracle-price-feeding.md). +1. 对于中心化的风险，BendDAO 已经部署了 **Timelock Controller**（时间锁控制器）和 **Multi-Signature Wallet**（多签钱包），请[在此](security-and-audits.md#timelock-controller)阅读细节。 +2. 对于 NFT 预言机，BendDAO 采取了各种解决方案，如节点备份、时间加权和阈值检查，请[在此](../lending-protocol/oracle-price-feeding.md)阅读细节。 {% endhint %} -## Timelock Controller +## 时间锁控制器（Timelock Controller） -BendDAO has set the owner of all bend lending protocol contracts to 24 hours time lock controller address. +BendDAO 已将所有 bend 借贷协议合约的所有者设置为 24 小时时间锁控制器地址。 -BendDAO has set the owner of all bound NFT protocol contracts to 7 days time lock controller address. +BendDAO 已将 bound NFT 协议合约的所有者设置为 7 天时间锁控制器地址。 ![](<../.gitbook/assets/Bend MultiSig Wallet & TimeLock 0526.png>) -| Name | Duration | Address | +| 名称 | 时长 | 地址 | | ----------------- | -------- | --------------------------------------------------------------------------------------------------------------------- | -| BendDAO Timelock | 24 Hours | [0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214](https://etherscan.io/address/0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214) | -| BoundNFT Timelock | 7 Days | [0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e](https://etherscan.io/address/0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e) | +| BendDAO 时间锁 | 24 小时 | [0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214](https://etherscan.io/address/0x652DB942BE3Ab09A8Fd6F14776a52ed2A73bF214) | +| BoundNFT 时间锁 | 7 天 | [0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e](https://etherscan.io/address/0x4e4C314E2391A58775be6a15d7A05419ba7D2B6e) | -## Multi-signature Wallet +## 多签钱包（Multi-signature Wallet） -BendDAO has used multiple Gnosis Safe Multi-signature wallets in contract upgrading and treasury fund. +BendDAO 在合约升级和金库基金中使用了多个 Gnosis Safe 多签名钱包。 -BenDAO will transfer the Multi-signature wallet to the community after the Multi-signature election. +BenDAO 将在多签选举后将多签钱包转让给社区。 -| Wallet Name | Wallet Type | Address | +| 钱包名称 | 钱包类型 | 地址 | | ----------------------- | ----------- | --------------------------------------------------------------------------------------------------------------------- | -| Init Token Distribution | Gnosis Safe | [0x16729FaD4DfD9F7c50f3b52a5deaF842D2c609B7](https://etherscan.io/address/0x16729FaD4DfD9F7c50f3b52a5deaF842D2c609B7) | -| Reserve Treasury | Gnosis Safe | [0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B](https://etherscan.io/address/0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B) | -| Timelock Proposer 1 | Gnosis Safe | [0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C](https://etherscan.io/address/0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C) | -| Timelock Proposer 2 | Gnosis Safe | [0xF1465c7Ea04765853Facc2D1ea68bc6e47bE90e1](https://etherscan.io/address/0xF1465c7Ea04765853Facc2D1ea68bc6e47bE90e1) | -| Timelock Admin | Gnosis Safe | [0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C](https://etherscan.io/address/0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C) | +| 初始代币分配 | Gnosis Safe | [0x16729FaD4DfD9F7c50f3b52a5deaF842D2c609B7](https://etherscan.io/address/0x16729FaD4DfD9F7c50f3b52a5deaF842D2c609B7) | +| 储备金库 | Gnosis Safe | [0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B](https://etherscan.io/address/0x472FcC65Fab565f75B1e0E861864A86FE5bcEd7B) | +| 时间锁提案者 1 | Gnosis Safe | [0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C](https://etherscan.io/address/0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C) | +| 时间锁提案者 2 | Gnosis Safe | [0xF1465c7Ea04765853Facc2D1ea68bc6e47bE90e1](https://etherscan.io/address/0xF1465c7Ea04765853Facc2D1ea68bc6e47bE90e1) | +| 时间锁管理员 | Gnosis Safe | [0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C](https://etherscan.io/address/0xe6b80f77a8B8FcD124aB748C720B7EAEA83dDb4C) | diff --git a/roadmap.md b/roadmap.md index 212136a..410f864 100644 --- a/roadmap.md +++ b/roadmap.md @@ -1,41 +1,41 @@ -# Roadmap +# 路线图 -The Bend DAO roadmap is a summary of Bend protocol development and ecosystem building, which has been organized into some seasons. Each season is centered around a set of proposals that will be discussed, voted and implemented across community governance. +Bend DAO 路线图是对 Bend 协议发展和生态系统建设的总结，它按季度规划。每个季度都围绕着一组提案，这些提案将在社区治理中被讨论、投票和实施。 -While the seasons of Bend will be delivered sequentially, the work for each season happens in parallel, with research, prototyping, and development often in progress all at once across the different development streams. +虽然 Bend 的各个季度将按顺序交付，但每个季度的工作都是平行进行的，研究、原型设计和开发经常在不同的开发流中同时进行。 -The work of each season is gathered and presented on its dedicated section, representing month of effort. Here you will find an overview of the goals of the season, as well as descriptions of the core features. +每一季的工作都被收集起来，并在其专门的章节中展示，代表数月的努力。在这里，您会发现对该季度目标的概述，以及对核心功能的描述。 ## 2021 Q4 -* Conception Creation✅ -* Team Construction✅ -* Product Prototype✅ -* Testnet Launch✅ +* 概念构思✅ +* 搭建团队✅ +* 产品原型✅ +* 测试网启动✅ ## 2022 Q1 -* BEND Token Airdrop✅ -* Fair Launch IFO✅ -* Security Audit✅ -* Mainnet Launch✅ -* DAO Governance & Voting✅ -* More Bluechip NFTs Online Proposals✅ +* BEND 代币空投✅ +* 公平启动 IFO✅ +* 安全审计✅ +* 主网启动✅ +* DAO 治理和投票✅ +* 更多蓝筹 NFTs 的线上提案✅ ## 2022 Q2 -* DAO Governance Improvement Proposals✅ -* Ecosystem Building Proposals✅ -* Down Payment Buy NFT Proposals✅ -* Bluechip NFT Leverage Trading Platform✅ +* DAO 治理的改进提案✅ +* 生态系统建设提案✅ +* 首付买 NFT 提案✅ +* 蓝筹 NFT 杠杆交易平台✅ ## 2022 Q3 -* P2P NFT Lending Proposals🛠️ -* More Bluechip NFTs Online Proposals🛠️ +* P2P NFT 借贷提案🛠️ +* 更多蓝筹 NFTs 的线上提案🛠️ ## 2022 Q4 -* NFT Renting Proposals -* Permissionless Pool Proposals -* Universal Web3 Data Liquidity +* NFT 租借提案 +* 无许可（Permissionless）池提案 +* 通用的 Web3 数据流动性 diff --git a/user-guides/benddao-on-mobile.md b/user-guides/benddao-on-mobile.md index 3879ea1..9dcd40c 100644 --- a/user-guides/benddao-on-mobile.md +++ b/user-guides/benddao-on-mobile.md @@ -1,28 +1,28 @@ -# BendDAO on Mobile +# 移动端的 BendDAO -For a better experience on Android/IOS mobile devices, we recommend using the MetaMask built-in browser. +为了在 Android/IOS 移动设备上获得更好的体验，我们建议使用 MetaMask 内置浏览器。 -## Installing MetaMask +## 安装 MetaMask -1. Install MetaMask mobile at [MetaMask.io](https://metamask.io). -2. Open the MetaMask mobile app. -3. If you want to import exist accounts from your desktop MetaMask wallet, please select 'Sync or Import' > 'Scan QR code', and follow MetaMask guides. -4. If you want to create new accounts, follow MetaMask guides. +1. 在 [MetaMask.io](https://metamask.io) 安装 MetaMask 移动端。 +2. 打开 MetaMask 移动端程序。 +3. 如果您想从您的桌面 MetaMask 钱包导入现有账户，请选择 'Sync or Import'（同步或导入） > 'Scan QR code'（扫描二维码），并按照 MetaMask 的指导操作。 +4. 如果您想创建新的账户，请按照 MetaMask 的指导。 -## Using BendDAO +## 使用 BendDAO -1. Open builtin Browser in MetaMask. +1. 使用 MetaMask 的内置浏览器打开。 ![](../.gitbook/assets/WechatIMG52.jpg) -2.Input BendDAO website URL. +2.输入 BendDAO 网址 URL。 -Mainnet: [https://www.benddao.xyz/](https://www.benddao.xyz) +主网：[https://www.benddao.xyz/](https://www.benddao.xyz) -Rinkeby: [https://rinkeby.benddao.xyz](https://rinkeby.benddao.xyz) +测试网（Rinkeby）：[https://rinkeby.benddao.xyz](https://rinkeby.benddao.xyz) ![](../.gitbook/assets/WechatIMG53.jpg) -3\. Let us experience BendDAO. +3\. 让我们体验 BendDAO。 ![](../.gitbook/assets/WechatIMG54.jpeg) diff --git a/user-guides/deposit-eth-lender.md b/user-guides/deposit-eth-lender.md index 1bb430f..17cc84d 100644 --- a/user-guides/deposit-eth-lender.md +++ b/user-guides/deposit-eth-lender.md @@ -1,9 +1,9 @@ -# Deposit ETH (Lender) +# 存入 ETH（贷款人） -## Deposit and withdraw ETH anytime +## 随时存入并取出 ETH -1. Click “Deposit ETH” -2. Approve ETH -3. Enter the ETH amount and Deposit +1. 点击 “Deposit ETH” （存入 ETH） +2. 授权 ETH +3. 输入 ETH 金额并存入 ![](<../.gitbook/assets/image (11).png>) diff --git a/user-guides/deposit-nft-borrower.md b/user-guides/deposit-nft-borrower.md index ec61189..e273a20 100644 --- a/user-guides/deposit-nft-borrower.md +++ b/user-guides/deposit-nft-borrower.md @@ -1,30 +1,29 @@ -# Deposit NFT (Borrower) +# 存入 NFT（借款人） -## **Deposit your bluechip NFTs to borrow ETH instantly** +## **存入您的蓝筹 NFT，即时借出 ETH** -NFT holders can borrow and repay ETH anytime. BAYC, CryptoPunks, Azuki, MAYC, CloneX, and Doodles are supported as collateral. +NFT 持有人可以随时借出和偿还 ETH 。现已支持 BAYC、CryptoPunks、Azuki、MAYC、CloneX 以及 Doodles 作为抵押品。 -1. Click “Deposit NFT” -2. Approve Debt Token -3. Approve NFT Token -4. Enter the amount and click "Borrow ETH" +1. 点击 “Deposit NFT”（存入 NFT） +2. 授权负债代币 +3. 授权 NFT 代币 +4. 输入数量并点击 "Borrow ETH"（借出 ETH） -You can check the loan status on “My borrows” anytime you want. +您可以随时在 “My borrows”（我的借款）里查看借款情况。 ![](https://lh4.googleusercontent.com/Kr8q4urzoU8XOpu0t\_spU9BNktF2RzpSeOAPd\_VbcwklxvJUTXCqO8Lj\_AI0ZC0P4R6hG6vwLamOhuVl\_9dFjuCTGEFhcEt6weKdJ\_dXI8Cfh\_nPXKSHwwHCuH65CG4CVqxoLocP) ![](https://lh3.googleusercontent.com/RjlxcwuM\_tjNWFhvscQorwwZr5gptvYELfTK\_vesfGg3bWtD4yfjZpgFvL93CveHeu23h62qXFc\_-spalf6LiGpzG0ytw1TAi0z5b\_mQD1Rn\_odJF5bPfrejchKEMhPpjx5PN4fX) -## Repay ETH +## 偿还 ETH -On Bend DAO, borrowers can borrow and repay anytime. +在 Bend DAO，借款人可以随时借出和偿还。 -1. Go to Dashboard “Borrows” -2. Click “Repay” button -3. Approve ETH -4. Choose the Repay amount and Repay +1. 去到面板的 “Borrows”（借款）部分 +2. 点击 “Repay”（偿还）按钮 +3. 授权 ETH +4. 选择偿还金额并偿还 ![](https://lh5.googleusercontent.com/9QeO77PoMuHAdTpiJCE7-Ph8HbXThUURs9g4GmIdbh5ccvHowdALGfiHSNxMnWCcSP1C2y6JKxqOF\_T-8PGwxRZlD1mfHJcuGkI6aSk\_TOeEOBPtrRkutkADf5kBsFQPUwfirGo2) ![](https://lh3.googleusercontent.com/pZOQgkaq0Nl6uGSW0fY\_yTlF9011h0rloMXoErhzaEceBNCQ0Afa0H-fBG0jajCx9CrCmhica-FyUApZDrwaHAGYPoOK\_TgPD8ihssB4NeFAfcWEiyhG\_tBnZXi7IzRqZRz3BV-X)![](https://lh3.googleusercontent.com/d\_jnW8vUACPGbbJGsA0fOGOKGQGUiwgT01WqN16lK08yJ-6HkpppR21QsJCTJpgqusoPUf1gdneaFs07lyAgTBzwiL3jm4wBQOzlOe0-TTaSFWCwtIn1hOHdTV8rNKAzNdAIYc-3) - diff --git a/user-guides/flashclaim.md b/user-guides/flashclaim.md index 68b8ace..cbc8acd 100644 --- a/user-guides/flashclaim.md +++ b/user-guides/flashclaim.md @@ -1,30 +1,30 @@ -# Flash Claim +# 闪电领取（Flash Claim） -Flash Claim is build on BoundNFT's Flash Loan. Through Flash Claim, you can use your NFT to claim third parties airdrop without repaying to lending pool. +闪电领取是建立在 BoundNFT 的闪电贷（Flash Loan）之上。通过闪电领取，您可以使用您的 NFT 来领取第三方的空投，而不需要偿还给贷款池。 -For well-known airdrop projects, Bend will officially make adaptations. Users do not need to develop contract codes and understand the underlying technical details. They only need to select the airdrop project and their own NFT on the webpage to quickly complete the claim. +对于知名空投项目，Bend 将正式进行适配。用户不需要开发合约代码和了解基础的技术细节。他们只需要在网页上选择空投项目和自己的 NFT 就可以快速完成领取。 -For those airdrop projects that have not officially supported, if you think it is good project, please give feedback in the Discord community. Bend will try to give priority to support if there is sufficient manpower and time. +对于那些没有得到官方支持的空投项目，如果您认为它是好项目，请在 Discord 社区反馈。如果有足够的人力和时间，Bend 会尽量优先支持。 -Bend supports two types of airdrop projects, the first type is that the user actively initiates the transaction to claim airdrop, the second is that the project party actively airdrops to the user. +Bend 支持两类空投项目，第一类是用户主动发起交易领取空投，第二类是项目方主动空投给用户。 -For the first type, Bend use boundNFT's Flash Loan to support user claim airdrop, the code for airdrop flash loan is on [Github](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/misc/AirdropFlashLoanReceiver.sol), and contract address on [Etherscan](https://etherscan.io/address/0xa8Ae91Dd8CD8f410BA59626caef160925A033734). +对于第一种类型，Bend 使用 boundNFT 的闪电贷来支持用户领取空投，空投闪电贷的代码在 [Github](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/misc/AirdropFlashLoanReceiver.sol)，以及合约地址在 [Etherscan](https://etherscan.io/address/0xa8Ae91Dd8CD8f410BA59626caef160925A033734)。 ![](<../.gitbook/assets/Flash claim 04191810.jpg>) -For the second type, Bend will do snapshot and airdrop distribution to support user claim airdrop. If airdrop project party use some random algorithm to distribute tokens, for fairness and safety, we also use random algorithm which is based on [Chainlink VRF infrastructure](https://vrf.chain.link/mainnet) to distribute tokens. +对于第二种类型，Bend 将做快照和空投分发，以支持用户领取空投。如果空投项目方使用一些随机算法来分发代币，为了公平和安全，我们也使用基于 [Chainlink VRF infrastructure](https://vrf.chain.link/mainnet) 的随机算法来分发代币。 -The [Chainlink VRF subscription id](https://vrf.chain.link/mainnet/81) is 81, the code for airdrop distribution is on [Github](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/misc/AirdropDistribution.sol), and contract address on [Etherscan](https://etherscan.io/address/0x6D187449A5664DD87E58A9d3b982989AaeA469BD). +[Chainlink VRF 订阅 ID](https://vrf.chain.link/mainnet/81) 是 81，空投分发的代码在 [Github](https://github.com/BoundNFT/boundnft-protocol/blob/main/contracts/misc/AirdropDistribution.sol)，以及合约地址在 [Etherscan](https://etherscan.io/address/0x6D187449A5664DD87E58A9d3b982989AaeA469BD)。 ![](<../.gitbook/assets/Airdrop Distribution 04191825.jpg>) -## Using Flash Claim UI +## 使用闪电领取 UI -Step 1: Go to Dashboard and click Claim your airdrop. +第1步：进入面板，点击 Claim your airdrop（领取您的空投）。 -Step 2: Choose airdrop project and click Claim. +第2步：选择空投项目并点击 Claim（领取）。 -Step 3: Your will get airdrop tokens in wallet after claim transaction is succeeded. +第3步：领取交易成功后，您将在钱包中获得空投代币。 ![](<../.gitbook/assets/Flashclaim Page 04201331.jpg>) @@ -32,6 +32,6 @@ Step 3: Your will get airdrop tokens in wallet after claim transaction is succee ![](<../.gitbook/assets/Flashclaim Page 04201331.jpg>) -## Flash Claim Code Demo +## 闪电领取代码 Demo -For advanced users, you can write a contract to implement claim, please check the demo at [Github](https://github.com/BendDAO/bend-flashclaim-demo). +对于高级用户，您可以写一个合约来实现领取，请在 [Github](https://github.com/BendDAO/bend-flashclaim-demo) 中查看演示。 diff --git a/user-guides/getting-started.md b/user-guides/getting-started.md index 431c0d0..5c5564d 100644 --- a/user-guides/getting-started.md +++ b/user-guides/getting-started.md @@ -1,29 +1,29 @@ -# Getting Started +# 入门介绍 -## Install a Web3 wallet on your devices +## 在您的设备上安装一个 Web3 钱包 -Bend DAO works on the Ethereum mainnet, to interact with the site you will need a Web3 wallet. If your cryptocurrency is stored on a centralized exchange (such as Coinbase, Binance, and FTX), it does not count as a Web3 wallet, and will not work. +Bend DAO 在以太坊主网上运行，要与该网站交互，您需要一个 Web3 钱包。如果您的加密货币存在中心化交易所（如 Coinbase、Binance 和 FTX），它不算是 Web3 钱包，也无法运行。 -[How to install MetaMask](benddao-on-mobile.md) +[如何安装 MetaMask](benddao-on-mobile.md) -### Connect your Web3 wallet +### 链接您的 Web3 钱包 -You can easily find the “Connect wallet” button in the top right corner. +您可以轻易地在右上角找到 "Connect Wallet"（连接钱包）的按钮。 -1. Click “Connect wallet” -2. Select a wallet you wish to connect with (MetaMask,or WalletConnect) -3. Approve the connection from your wallet to BendDAO.xyz. +1. 点击 “Connect wallet” +2. 选择一个您希望链接的钱包（MetaMask，或 WalletConnect） +3. 授权从您的钱包到 BendDAO.xyz 的连接。 -Please double-check the URL to ensure that you are on the right domain. +请仔细检查 URL，以确保您正在浏览正确的域名。 -### Notification +### 通知 -Furthermore, set up Announcement channels to stay tuned. +此外，设置公告（Annoucement）频道以保持关注。 -1. Go to Dashboard “Settings” -2. Connect your Telegram or Discord account -3. You will get updates when the status of your NFT-backed loan changes. +1. 进入面板的 “Settings”（设置） +2. 链接您的 Telegram 或 Discord 账号 +3. 当您的 NFT 担保贷款的状态发生变化时，您会得到更新。 ![](https://lh3.googleusercontent.com/RO0zfJ\_5bBcT4cEp4xGP\_x6aAFW-pwbemh3zkFiB9yr-fQXetsRmqwHqbwFkO4QB\_fZBzniU\_cy8E74WbvjdHQUxT6jlsCUa9\_srdP\_vf4YT7cVRoD\_eBBZqgV8Wx1Jii1ALk6hR) diff --git a/user-guides/uniswap-v2-lp-liquidity-mining.md b/user-guides/uniswap-v2-lp-liquidity-mining.md index b4cb656..3edd17d 100644 --- a/user-guides/uniswap-v2-lp-liquidity-mining.md +++ b/user-guides/uniswap-v2-lp-liquidity-mining.md @@ -1,16 +1,16 @@ -# Uniswap v2 LP Liquidity Mining +# Uniswap v2 LP 流动性挖矿 -## Provide liquidity on Uniswap v2 +## 在 Uniswap v2 上提供流动性 -1. Visit [https://app.uniswap.org/#/add/v2/ETH/0x0d02755a5700414B26FF040e1dE35D337DF56218?chain=mainnet ](https://app.uniswap.org/#/add/v2/ETH/0x0d02755a5700414B26FF040e1dE35D337DF56218?chain=mainnet) -2. Provide Liquidity with a 1:1 value of ETH and BEND +1. 访问 [https://app.uniswap.org/#/add/v2/ETH/0x0d02755a5700414B26FF040e1dE35D337DF56218?chain=mainnet ](https://app.uniswap.org/#/add/v2/ETH/0x0d02755a5700414B26FF040e1dE35D337DF56218?chain=mainnet) +2. 以 1:1 ETH 和 BEND 的价值提供流动性 ![](https://lh3.googleusercontent.com/xoOoIaMcVsdSI1N6Fc04XdU\_wCIUlFFZ0sTmF46B05Z-ZCaR3bm8\_YLQDgJJTSQ2UW6i6qwXdEBewe2PGeP1JvZQZ06qkogBHqOTCBCcKxicxhsAwuRLSFCXXw4vKj\_F06LdxJ0T) -## Deposit LP token on Bend DAO +## 在 Bend DAO 存入 LP 代币 -1. Visit [https://www.benddao.xyz/app/liquidity-mining](https://www.benddao.xyz/app/liquidity-mining) -2. Deposit the Uniswap v2 LP tokens +1. 访问 [https://www.benddao.xyz/app/liquidity-mining](https://www.benddao.xyz/app/liquidity-mining) +2. 存入 Uniswap v2 LP 代币 ![](<../.gitbook/assets/image (1).png>)