[DO NOT OVERWRITE] BendDAO Chinese Doc

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。

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)

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     | <p>Website </p><p>High</p>         | 10,000        | 0.01846752      | 541,491        | Distributed |
-| April 7th, 2022     | <p>Smart contract</p><p>Medium</p> | 2,000         | 0.01846752      | 108,298        | Distributed |
-| April 23rd, 2022    | <p>Website</p><p>Medium</p>        | 2,000         | 0.0458915       | 43,581         | Distributed |
-| April 23rd, 2022    | <p>Website</p><p>Low</p>           | 1,000         | 0.0458915       | 21,791         | Distributed |
-| April 23rd, 2022    | <p>Website</p><p>Medium</p>        | 20,000        | 0.03721         | 53,7490        | Distributed |
-| May 8th, 2022       | <p>Website</p><p>Low</p>           | 1,000         | 0.04071         | 24564          | Distributed |
-| May 12th, 2022      | Smart contract High                | 10,000        | 0.02538         | 394011         | Distributed |
-| May 27th, 2022      | <p>Website</p><p>Low</p>           | 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     | <p>网站 </p><p>高</p>         | 10,000        | 0.01846752      | 541,491        | 已分发 |
+| April 7th, 2022     | <p>智能合约</p><p>中</p> | 2,000         | 0.01846752      | 108,298        | 已分发 |
+| April 23rd, 2022    | <p>网站</p><p>中</p>        | 2,000         | 0.0458915       | 43,581         | 已分发 |
+| April 23rd, 2022    | <p>网站</p><p>低</p>           | 1,000         | 0.0458915       | 21,791         | 已分发 |
+| April 23rd, 2022    | <p>网站</p><p>中</p>        | 20,000        | 0.03721         | 53,7490        | 已分发 |
+| May 8th, 2022       | <p>网站</p><p>低</p>           | 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      | <p>网站</p><p>低</p>           | 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 |

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 %}