# What is Obelisk

## Overview

Obelisk is a sub-brand launched by the NodeDAO team. Its goal is to build a transparent and reliable asset management protocol for BTC on-chain assets, so as to obtain more Defi and Cefi benefits for customers. Currently, the supported deposit assets are BTC and FBTC.

Obelisk's core business model is to lock the underlying assets (native BTC) and map the second-layer assets LCT (Liquid Custody Token) to liberate the native BTC liquidity, and seek applications for the underlying assets and upper-layer liquidity assets to obtain benefits.

The Obelisk protocol innovatively builds a decentralized committee hosting network, which is responsible for hosting native BTC assets. Obelisk maps BTC assets that can be exchanged 1:1 on Ethereum, allowing users to easily manage BTC on-chain asset applications like using traditional Defi.

## Features

* TSS solution based on AVS:
* Full-chain Bitcoin Liquidity (oBTC): Establish seamless cross-chain compatibility for Bitcoin, and ensure liquidity and interoperability across various blockchain networks through bridging mechanisms such as the LayerZero OFT standard.

## Current Phase: Mainnet&#x20;

Exciting News[! Obelisk Mainnet is Live](https://obelisk.nodedao.com/)! We're thrilled to announce that Obelisk has successfully transitioned from Testnet to Mainnet! With Obelisk, Bitcoin holders can now seamlessly participate in the DeFi ecosystem without compromising liquidity or security.&#x20;

**Explore new possibilities and maximize your Bitcoin holdings! :**[ Learn More & Get Started & Visit our website:](https://obelisk.nodedao.com/)

[**Follow us on Twitter**](https://twitter.com/Node_DAO)**:** **Be Part of the Conversation:** Join our vibrant community and discuss staking, protocol updates, and more!

[**Follow us on Github** ](https://github.com/nodedao)**:** Stay connected with Obelisk Protocol's professional network and career opportunities.


# Whitepaper

Whitepaper

## Obelisk: Unlocking the Potential of Bitcoin Assets

### Introduction

Obelisk, a subproject of the NodeDAO initiative, is poised to revolutionize the management and liquidity of Bitcoin (BTC) assets. Recognizing the growing demand for secure and streamlined BTC-based applications, the Obelisk protocol aims to create a transparent and trustworthy environment for BTC asset aggregation.

### The Core Approach

At the heart of the Obelisk protocol is a unique approach that involves locking underlying BTC assets while issuing Liquid Custody Tokens. This approach not only unlocks the liquidity of native BTC but also seeks to explore various applications for both the underlying and upper-layer liquidity assets, ultimately generating returns for users.

### Scalable BTC Applications

Obelisk solves the BTC application scalability problem by building a decentralized committee hosting network. The architecture supports BTC-MPC (multi-party computation) with small signature shards and dynamic multi-signatures, thereby reducing centralization risks and improving operational efficiency.

Furthermore, Obelisk aims to create an on-chain BTC DeFi strategy library, balancing flexibility and security. By unlocking liquidity and enabling multiple asset applications, Obelisk strives to maximize the value of BTC-based assets.

### Innovative Asset Application Model

Obelisk's Innovative Asset Application Model encompasses two key components:

1. Underlying Assets Yield Aggregation: Users can stake their native BTC into the Obelisk Vault on the Bitcoin chain, receiving an equivalent amount of Obelisk Tokens in return. The yield from the underlying BTC is generated through methods like Restaking, PoS (Proof-of-Stake), and CeFi (Centralized Finance).
2. Upper Layer Liquidity Assets Yield Aggregation: Obelisk enables users to leverage their liquidity assets within traditional DeFi ecosystems , to participate in DeFi protocols and earn returns from the application providers.

### The Obelisk Protocol

The Obelisk Protocol is a comprehensive framework that seamlessly integrates the Bitcoin and Ethereum blockchains, allowing for efficient management and utilization of BTC-based assets. The protocol diagram showcases the interactions between the Obelisk Vault, Obelisk Network, Yield Routes, and Yield Pools, providing a versatile and secure platform for BTC asset management and liquidity release.

### Key Features

Obelisk's key features include:

* Security: Ensuring the safety and integrity of BTC-based assets
* Convenience: Streamlining the management and utilization of BTC assets
* Multiple Yield Strategies: Providing users with a diverse range of options to generate returns on their BTC holdings

With its innovative approach, Obelisk aims to unlock the full potential of Bitcoin assets, fostering the development of a thriving BTC-based ecosystem and empowering users to maximize the value of their digital holdings.


# oBTC

oBTC is a liquid token issued by Obelisk, which is mapped one-to-one with BTC/FBTC.

oBTC can be staked to different yield pools to generate multiple layers of income.

oBTC multi-chain asset address

<table><thead><tr><th width="106">Asset</th><th width="160">Chain</th><th>Contract Address</th></tr></thead><tbody><tr><td>oBTC</td><td>Ethereum</td><td><a href="https://etherscan.io/address/0xB1e12802831Da99D2d47b6a55049D69bf7De0e3C">0xB1e12802831Da99D2d47b6a55049D69bf7De0e3C</a></td></tr><tr><td>oBTC</td><td>Bsquared</td><td><a href="https://mainnet-blockscout.bsquared.network/address/0x1349A8d352b1971CbEbeacF55Fb75526F47B6610">0x1349A8d352b1971CbEbeacF55Fb75526F47B6610</a></td></tr><tr><td>oBTC</td><td>Taiko</td><td><a href="https://explorer.mode.network/address/0xe3C0FF176eF92FC225096C6d1788cCB818808b35">0xe3C0FF176eF92FC225096C6d1788cCB818808b35</a></td></tr><tr><td>oBTC</td><td>Mode</td><td><a href="https://taikoscan.io/address/0xe3C0FF176eF92FC225096C6d1788cCB818808b35">0xe3C0FF176eF92FC225096C6d1788cCB818808b35</a></td></tr></tbody></table>


# How to mint oBTC on Obelisk

## Introducing Obelisk: Unlocking Bitcoin's DeFi Potential

**Obelisk** is dedicated to transforming Bitcoin into a dynamic financial tool by seamlessly integrating it with Decentralized Finance (DeFi). We're establishing a universal standard for Bitcoin, secured by key players in the Bitcoin ecosystem. Our goal is to enable yield-bearing Bitcoin to move across chains without fragmenting liquidity, making it a major catalyst for new capital inflow into DeFi.

## Our Flagship Product: oBTC

**Convert BTC into** oBTC on EVM to unleash Bitcoin's DeFi potential:

* **Earn Yield:** Utilize various yield pools to earn returns from Bitcoin Layer1.
* **DeFi Interoperability:** Hold Bitcoin as a store of value while simultaneously earning, staking, trading, and engaging with DeFi at scale.

### How to mint oBTC on Obelisk&#x20;

1. **Deposit BTC**:
   * Go to the "Deposit" tab on the Obelisk web frontend.
   * Select "BTC (Bitcoin L1)" from the available options.
   * Enter the amount of BTC you wish to deposit.
   * Click the "Deposit" button to initiate the deposit process.\
     ![](/files/sklPwT8IvKsQPcae3C7T)
2. **Monitor the Deposit Status**:
   * Navigate to the "Deposit" tab to view the deposit record.
   * The deposit will initially have a "Pending" status, indicating that the transaction is being processed.
3. **Mint oBTC**:
   * Once the deposit is complete and the status changes to "Mintable", you can proceed to the "Mint" tab.
   * In the "Mint" section, you will see the claimable amount of oBTC (0 oBTC) corresponding to your BTC deposit.
   * Click the "Claim" button to mint the oBTC.\
     ![](/files/94ZdTMoQkJXxt6YkLtIk)
4. **Verify the Minted oBTC**:
   * After minting, you can check the "Receive" section to see the balance of your minted oBTC.
   * The "Balance" field will show the amount of oBTC you have received.
5. **Withdraw oBTC (Optional)**:
   * If you wish to withdraw your oBTC, navigate to the "Withdraw" tab.
   * Select the "oBTC" option and enter the amount you want to withdraw.
   * Click the "Withdraw" button to initiate the withdrawal process.

## Key Features

1. **BTC Liquid Token:**
   * **Deposit BTC:** Retail investors can deposit BTC via Multi-Party Computation (MPC) and map it to oBTC .
2. **Yield Generation:**
   * **Yield Pools:** Deposit oBTC into yield pools where the underlying BTC follows specific yield strategies.
   * **Strategy Types:** DeFi strategies use time-weighted points, while CeFi strategies use traditional fund net value management.
3. **Governance:**
   * **Strategy Management:** Oversee DeFi and CeFi strategies.
   * **Mapping Execution:** Manage oBTC mapping.
   * **Incentives:** Distribute points and $OB tokens as incentives.
4. **OmniChain Compatibility:**
   * **Cross-Chain Movement:** Enable native cross-chain functionality for oBTC and oyBTC.

##


# How to deposit FBTC (Ethereum)

## Introduction

Welcome to FBTC, where we transform Bitcoin into a versatile and dynamic asset that bridges the gap between Bitcoin and various blockchain ecosystems. As the digital asset landscape evolves, the demand for seamless interoperability and liquidity across different blockchain networks has never been more critical. FBTC stands out as a pioneering initiative designed to meet these needs, offering a robust solution that enhances Bitcoin’s utility and accessibility.

## What is FBTC?

FBTC is a unique token that connects Bitcoin with both EVM-compatible and selected non-EVM networks. By leveraging a Threshold Signature Scheme (TSS) network, FBTC allows Bitcoin to be used across multiple chains with Turing-complete capabilities, thereby improving its liquidity and opening up diverse yield opportunities.

#### Here is a step-by-step guide on how to deposit FBTC (Ethereum) and mint oBTC on the Obelisk platform:

1. **Deposit FBTC (Ethereum):**

   * Go to the "Deposit" tab on the Obelisk web frontend.
   * Select "FBTC (Ethereum)" from the available options.
   * Enter the amount of FBTC you wish to deposit.
   * Click the "Deposit" button to initiate the deposit process.<br>

   <figure><img src="/files/sj5sUNck2uGqrZ39T5qV" alt="" width="375"><figcaption></figcaption></figure>

2. **Monitor the Deposit Status:**
   * Navigate to the "Deposit" tab to view the deposit record.
   * The deposit will initially have a "Pending" status, indicating that the transaction is being processed.

3. **Mint oBTC:**

   * Once the deposit is complete and the status changes to "Mintable", you can proceed to the "Mint" tab.
   * In the "Mint" section, you will see the claimable amount of oBTC (0 oBTC) corresponding to your FBTC deposit.
   * Click the "Claim" button to mint the oBTC.<br>

   <figure><img src="/files/Fw7Jfvc3n0GDfxIeCNR0" alt="" width="375"><figcaption></figcaption></figure>

4. **Verify the Minted oBTC:**
   * After minting, you can check the "Receive" section to see the balance of your minted oBTC.
   * The "Balance" field will show the amount of oBTC you have received.

5. **Withdraw oBTC (Optional):**
   * If you wish to withdraw your oBTC, navigate to the "Withdraw" tab.
   * Select the "oBTC" option and enter the amount you want to withdraw.
   * Click the "Withdraw" button to initiate the withdrawal process.

## Why Choose FBTC?

### FBTC offers several key benefits:

* **Seamless Interoperability:** Move Bitcoin across different blockchain networks without friction.
* **Enhanced Liquidity:** Access deep liquidity pools and maximize the utility of your Bitcoin assets.
* **Diversified Yield Opportunities:** Engage in various yield enhancement strategies to grow your Bitcoin holdings.
* **Decentralized and Secure:** Benefit from a decentralized framework with transparent governance and secure custody.

#### How Does FBTC Work?

FBTC operates through a decentralized system involving multiple institutions that oversee reserves and issuance processes. This ensures that the Bitcoin backing FBTC is publicly verifiable and secure. By minting FBTC on Ethereum and other chains, we enable Bitcoin to interact seamlessly with decentralized finance (DeFi) protocols and other blockchain applications.

## Key Features

* **Universal Liquidity:** FBTC transforms Bitcoin into a liquid asset that can be easily integrated into various financial strategies.
* **Cross-Chain Compatibility:** Use FBTC across different Layer 1 and Layer 2 networks, enhancing its utility and flexibility.
* **Secure Infrastructure:** Utilize a TSS network for secure minting and redemption, with reputable MPC custody providers ensuring asset safety.
* **Strong Ecosystem Partnerships:** Collaborate with top DeFi protocols and infrastructure partners for broader adoption and enhanced functionality.

## Getting Started with FBTC

Whether you are a retail investor, an institution, or a developer, FBTC offers a streamlined and secure way to unlock the full potential of your Bitcoin assets. Here’s how you can get started:

1. **Mint FBTC:** Convert your BTC into FBTC by depositing Bitcoin into a secure custody address.
2. **Utilize FBTC:** Engage with DeFi protocols, participate in yield pools, or transfer your FBTC across different blockchains.
3. **Earn Yields:** Take advantage of diversified yield opportunities to grow your holdings.
4. **Stay Informed:** Follow our updates and join the community to stay informed about new features and opportunities.

FBTC is currently in its testnet phase, refining core components and functionalities. We invite you to join us in this revolutionary journey, transforming Bitcoin into a highly liquid and interoperable asset that drives the future of decentralized finance.


# Introduction to the oBTC Yield Pool

<figure><img src="/files/T3VkZLF9B0Vvz3yj4Fwf" alt=""><figcaption></figcaption></figure>

The oBTC Yield Pool is a decentralized finance (DeFi) protocol that allows users to deposit their wrapped Bitcoin (oBTC ) and earn yields. The protocol currently offers  afew yield pool - the B2 Network pool, Babylon Pool.

How to Use the oBTC Yield Pool

1. Depositing oBTC :
   * Visit the Obelisk platform and navigate to the "Restaking" section.
   * Locate the B2 Network pool under the "Defi" category.
   * Click the "Stake" button to deposit your oBTC into the pool.
   * Confirm the transaction and wait for the deposit to be processed.
2. Earning Yields:
   * Once your oBTC is deposited, the protocol will automatically stake it in the B2 Network to generate yields.
   * Your earned yields will be tracked in the form of "oyBTC-b2" tokens, which represent your share of the pool's rewards.
   * The "My oyBTC-b2" and "My oyBTC-b2 Points" fields will display the amount of tokens and points you've accumulated, respectively.
3. Withdrawing Funds:
   * When you're ready to withdraw your deposited oBTC and earned rewards, click the "Unstake" button.
   * Confirm the withdrawal transaction, and your oBTC will be released back to your wallet.

Key Points to Remember:

* The oBTC Yield Pool is a Defi protocol, so your deposited oBTC is converted to oyBTC-b2 tokens, which represent your stake in the pool.
* Yields are earned through the protocol's staking strategies in the B2 Network.
* Your earned rewards are tracked in the form of oyBTC-b2 tokens and points.
* You can withdraw your deposited oBTC and earned rewards at any time by unstaking your position.
* Users who pledge OBTC into the super yield pool will receive a pledge certificate for the super yield pool. The pledge certificate will be entitled to multiple layers of income from the super yield pool.
* Users can also stake OBTC across the chain to the pledge pool on L2 in cooperation with Obelisk, and obtain income from the second layer while also obtaining multiple layers of income from the super yield pool.

## 质押凭证Staking Certificate

Users can obtain oyBTC 1:1 by staking OBTC to the super yield pool on Ethereum.

## Strategy Path

In Obelisk's super yield pool, the underlying assets will be uniformly converted into FBTC, and then the native BTC assets corresponding to FBTC will be pledged to Babylon through the FBTC pledge interface, obtaining the first layer of income while obtaining additional FBTC Points rewards.

## 质押积分Staking Points

oyBTC Point

The amount of oyBTC held by users is counted every hour and converted into points at a ratio of 1:1000. For example, if a user holds 1 oyBTC, 1000 oyBTC Points will be added every hour.

## Reward Collection

Within one month after the Defi rewards are issued, users can collect income on the Obelisk DAPP page according to the amount of oyBTC Points.


# Introduction to the Obelisk FBTC Pool

Welcome to the Obelisk Protocol, a revolutionary asset management platform created by the NodeDAO team. Obelisk integrates various DeFi yield strategies to help users maximize returns on their crypto

## **What is the FBTC Pool?**

The FBTC Pool is a key feature of the Obelisk Protocol, allowing users to deposit FBTC and earn competitive yields through carefully curated strategies. By participating in the FBTC Pool, users can leverage their FBTC holdings to generate additional income while maintaining flexibility and security.

## How the FBTC Pool Works

### **Deposit and Receive oBTC**

1. **Access the Obelisk Front-End**: Begin by navigating to the Obelisk protocol's website.
2. **Deposit FBTC**: Deposit your FBTC into the protocol through the front-end page. This operation is supported on both the Ethereum and Mantle networks.
3. **Get oBTC**: Once your FBTC is deposited, you will receive oBTC at a 1:1 ratio, representing your Layer 2 asset.

### **Participate in the FBTC Yield Pool**

1. **Deposit oBTC**: Navigate to the FBTC yield pool section on the Obelisk platform and deposit your oBTC.
2. **Receive oyBTC**: Upon depositing oBTC into the yield pool, you will receive oyBTC, a deposit certificate. This certificate allows you to start earning SolvBTC Points from the yield pool.

### **View and Claim Your Returns**

1. **Monitor Earnings**: Use the Obelisk front-end interface to check your staked amount and the points you have accumulated.
2. **Timing of Returns**: The timing of return acquisition is linked to the Token Generation Event (TGE) of each strategy. These returns are not continuous and vary by strategy.
3. **Claim Returns**: When returns are available, you can claim them directly from the Obelisk front-end page.

### **Withdraw Your Funds**

1. **Return oyBTC**: If you wish to withdraw your funds, return the oyBTC to the protocol.
2. **Withdraw FBTC**: After returning oyBTC, you can withdraw your FBTC at any time.

## Why Use the FBTC Pool?

### The FBTC Pool on Obelisk offers several advantages:

* **High Yield**: Access a variety of yield strategies designed to maximize returns.
* **Flexibility**: Deposit and withdraw funds easily without long-term commitments.
* **Security**: Benefit from the security protocols and risk management strategies implemented by the Obelisk team.

Join the FBTC Pool on Obelisk today to start earning more from your crypto assets! If you have any questions or need further assistance, our support team is here to help.


# Participate in Babylon Phase 1 - Cap 2

### **Background on Babylon Bitcoin Staking – Phase 1, Cap-2**

Babylon Staking allows Bitcoin holders to **lock up their BTC in exchange for rewards**, incentivizing long-term holding and providing access to various network features. The program is rolled out in **phases** with defined "caps" to gradually onboard participants and manage the flow of staking transactions.

***

### **Phase-1 Overview**

Phase-1 serves as the **first live mainnet launch** of Babylon’s Bitcoin staking initiative. It introduces capped staking windows to test the system under real-world conditions and offers participants an opportunity to earn **points**, which may unlock future rewards or benefits on the platform (subject to jurisdiction). Each cap introduces slightly different rules to encourage flexibility and participation.

***

### **What is Cap-2?**

Cap-2 is part of **Phase-1** and introduces new parameters following Cap-1's successful conclusion. This round aims to scale up participation by allowing **higher staking limits** and **reduced unbonding fees**. Cap-2 will run for **10 Bitcoin blocks**, and only the transactions in these blocks will qualify.

### **How to Participate in Babylon Bitcoin Staking – Phase 1, Cap-2**

Cap-2 starts on **October 8, 2024, around 8 PM UTC** and will last for **10 Bitcoin blocks**. Here’s a quick guide:

***

### **Key Dates & Duration**

* **Starts**: October 8, 2024, at 8 PM UTC
* **Duration**: BTC block **864790 to 864799** (10 blocks)

***

### **How to Stake**

* **Minimum Stake**: 0.005 BTC
* **Maximum Stake**: 500 BTC
* **Unbonding Fee**: 0.00032 BTC (50% lower than Cap-1)

**Important**: Transactions outside the 864790–864799 block range will **not be accepted**.

***

### **Points System**

* **10,000 points per block**, distributed proportionally based on your stake.
* Points may unlock future benefits (check availability in your jurisdiction).

***

### **Overflow Policy**

* Transactions in blocks **after 864799** will be labeled **overflow** and rejected.
* **Overflow stakes from Cap-1** won’t carry over to Cap-2.

***

### **Next Steps**

1. **Stake between blocks 864790–864799** to qualify.
2. If your stake becomes overflow, **unbond and withdraw** promptly.
3. For more details, visit **Babylon Labs' platform**.


# Smart Contracts

### Here are the key smart contracts Mainnet(Ethereum) used in the Obelisk protocol, along with their addresses:

1. **Obelisk Contract for Core Network**:
   * **Address**: 0xe423B99aF103C4423CE9EdF37D4790e9ab1cD999
2. **Secure Mint Contract**: oBTC secure minting
   * **Address**: 0xa57dC79B2852415448B66100bF59753318F9d25F
3. **StrategyManager** **Contract**: strategy management
   * **Address**: 0x995f4e4C75D6eb1764557299933a4e633c8d5E38
4. **StrategyBBN Contract:** babylon staking strategy
   * **Address:** 0x174799aF838f3883e88161f04011E2a316BfC410
5. **Timelock Contract:**
   * **Address:** 0xe4c555c2aa8F7FDB7Baf90039b3A583c8E312f20

<table><thead><tr><th>oBTC Contract Supported Networks</th><th>Contract Address</th><th data-hidden></th><th data-hidden></th></tr></thead><tbody><tr><td><strong>Mode Network</strong></td><td>0xe3C0FF176eF92FC225096C6d1788cCB818808b35</td><td></td><td></td></tr><tr><td><strong>Taiko Network</strong></td><td>0xe3C0FF176eF92FC225096C6d1788cCB818808b35</td><td></td><td></td></tr><tr><td><strong>exSat Network</strong></td><td>0xe3C0FF176eF92FC225096C6d1788cCB818808b35</td><td></td><td></td></tr><tr><td><strong>CoreDAO Network</strong></td><td>0x000734cf9e469bad78c8ec1b0deed83d0a03c1f8</td><td></td><td></td></tr><tr><td><strong>Ethereum Network</strong></td><td>0xB1e12802831Da99D2d47b6a55049D69bf7De0e3C</td><td></td><td></td></tr></tbody></table>


# Audits

CertiK Report: \
<https://github.com/NodeDAO/audit/blob/main/CertiK-Obelisk-final-20240805T174639Z.pdf>


# Design Kit

[oBTC Logo](https://drive.google.com/drive/folders/1rYjgO4mZpzIiwI9O1DwGcpUvaGMvxofE?dmr=1\&ec=wgc-drive-hero-goto)


# 概述

Obelisk是NodeDAO团队推出的子品牌，目标是构建透明可信的BTC链上资产资产管理协议，为客户获取到更多的Defi和Cefi收益。Obelisk目前支持BTC原生资产，以及FBTC/WBTC等BTC warp token的存入，未来将支持更多BTC warp token。

Obelisk的核心业务方式是对底层资产（原生BTC，FBTC，WBTC）进行托管，同时映射出收益型资产OBTC，为底层资产和上层流动性资产寻求应用以获得更多收益。

Obelisk 旨在创建一个兼顾灵活性和安全性的链上 BTC CeDeFi 策略库。通过解锁流动性和启用多种资产应用，它寻求最大化资产价值。

## 特性

**安全透明**

用户将底层资产（原生BTC，FBTC，WBTC）质押到Obelisk Vault，Obelisk Vault 为用户映射等量的 oBTC。该过程完全通过智能合约完成，资金流转透明。

**收益聚合**

底层原生 BTC 的收益来自 Restaking、PoS 和 CeFi 等方式。对于每种方式，Obelisk 将创建不同收益池。用户可以将他们的 oBTC 存入相应的收益池，底层资产将分配给相应的应用系统。


# 协议机制

## Obelisk Vault

Vault是Obelisk在比特币网络上的BTC资产策略中心。用户将BTC由比特币网络转账进入Vault，经过Obelisk Network的确认，即可完成BTC到oBTC的转化。

1. **多签钱包：**&#x56;ault 是一个基于监护人委员会的多签钱包。这意味着Vault不由单一实体控制,而是由多名监护人共同管理，提高了安全性。
2. **资产映射：**&#x7528;户可以将比特币(BTC)从比特币网络转账进入Vault。Obelisk Network 会对这笔充值交易进行确认,验证是否经过多名监护人授权签名,确认通过后即可将BTC映射为 oBTC。
3. **多重签名验证：**&#x56;ault 会验证用户的BTC充值交易是否经过多名监护人的多重签名授权,只有通过验证后才会发行相应数量的oBTC资产。这种多重签名机制提高了资产转换的安全性。

## Obelisk Network

Obelisk基于托管委员会构建了Obelisk Network，该网络的职能是识别原生BTC存入、oBTC取款、Vault策略执行3种事件，并作出相应的操作。为了确保网络的严谨性和安全性，Obelisk Network 原生BTC资产映射采取以下机制:

1. **多重签名机制**:Obelisk Network 的关键操作,如确认 BTC 存入、发行 oBTC、执行 Vault 策略等,都需要经过委员会多数成员的多重签名授权才能生效。这种多重签名机制大大提高了操作的安全性。
2. **事件监控和审计**:Obelisk Network 建立完善的事件监控和审计机制,实时跟踪和记录网络上发生的各类关键事件，并且任何行为，比如BTC的取回，BTC质押，委员会严格根据事件进行相应操作。
3. **紧急预案和协调机制**:Obelisk Network 还应制定完备的紧急预案,如委员会成员临时失去联系、系统出现重大故障等,并建立跨网络的协调机制,确保在出现问题时能够及时、有效地应对。
4. **透明度和可审查性**:Obelisk Network 应该保持高度透明,公开网络运行状况、委员会成员信息、关键事件记录等,以便于社区监督和审查。

Obelisk支持FBTC/WBTC等BTC warp token存入，铸造OBTC，该过程完全由智能合约托管，1:1映射，用户可在无许可的情况完成铸造和退出。

## Yield Pool

Obelisk将收益策略打包成不同的收益池，用户持有oBTC存入相应收益池即可选定相应的收益路径，复杂的收益操作交由Vault和network来执行，Obelisk专注为用户寻找最佳收入路径，增加用户收益。

<figure><img src="/files/PzYRmNmzlXr2yFfOOnHp" alt=""><figcaption></figcaption></figure>


# oBTC

oBTC是Obelisk发行的流动性代币，与BTC/FBTC/BTCB等资产一一映射。 oBTC 可以质押到不同的收益池中以产生多层收入。

oBTC多链资产地址

<table><thead><tr><th width="106">Asset</th><th width="160">Chain</th><th>Contract Address</th></tr></thead><tbody><tr><td>oBTC</td><td>Ethereum</td><td><a href="https://etherscan.io/address/0xB1e12802831Da99D2d47b6a55049D69bf7De0e3C">0xB1e12802831Da99D2d47b6a55049D69bf7De0e3C</a></td></tr><tr><td>oBTC</td><td>Bsquared</td><td><a href="https://mainnet-blockscout.bsquared.network/address/0x1349A8d352b1971CbEbeacF55Fb75526F47B6610">0x1349A8d352b1971CbEbeacF55Fb75526F47B6610</a></td></tr><tr><td>oBTC</td><td>Taiko</td><td><a href="https://explorer.mode.network/address/0xe3C0FF176eF92FC225096C6d1788cCB818808b35">0xe3C0FF176eF92FC225096C6d1788cCB818808b35</a></td></tr><tr><td>oBTC</td><td>Mode</td><td><a href="https://taikoscan.io/address/0xe3C0FF176eF92FC225096C6d1788cCB818808b35">0xe3C0FF176eF92FC225096C6d1788cCB818808b35</a></td></tr></tbody></table>


# 如何在 Obelisk 上铸造 oBTC

## 介绍 Obelisk：释放比特币的 DeFi 潜力

&#x20;**Obelisk** 致力于通过将比特币与去中心化金融 (DeFi) 无缝集成，将比特币转变为动态金融工具。我们正在为比特币建立一个通用标准，由比特币生态系统中的关键参与者确保安全。我们的目标是让产生收益的比特币在不分散流动性的情况下跨链移动，使其成为新资本流入 DeFi 的主要催化剂。

## oBTC 我们的旗舰产品：oBTC

**在 EVM 上将 BTC** 转换为 oBTC，以释放比特币的 DeFi 潜力：

* **赚取收益**：利用各种收益池从比特币 Layer1 赚取回报。
* **DeFi 互操作性**：持有比特币作为价值存储，同时赚取、质押、交易和参与 DeFi。

### 如何在 Obelisk 上铸造 oBTC

1. **存入 BTC：**
   * 转到 Obelisk Web 前端的“存款”选项卡。
   * 从可用选项中选择“BTC（比特币 L1）”。
   * 输入您希望存入的 BTC 数量。
   * 单击“存款”按钮启动存款流程。\
     ![](/files/NHBLp9qCXuMlTm9j18yt)\ <br>
2. &#x20;**监控存款状态：**
   * 导航到“存款”选项卡查看存款记录。
   * 存款最初将处于“待处理”状态，表示交易正在处理中。
3. &#x20;**铸造 oBTC：**
   * 存款完成且状态变为“可铸造”后，您可以继续到“铸造”选项卡。
   * &#x20;在“铸造”部分，您将看到与您的 BTC 存款相对应的可领取的 oBTC 数量（0 oBTC）。
   * 单击“领取”按钮铸造 oBTC。\
     ![](/files/gKy2sMN4zKBYOdZCxxhM)
4. **验证铸造的 oBTC：**
   * After minting, you can check the "Receive" section to see the balance of your minted oBTC. 铸造后，您可以检查“接收”部分以查看您铸造的 oBTC 的余额。
   * “Balance 余额”字段将显示您收到的 oBTC 数量。
5. **提取 oBTC（可选）：**
   * &#x20;如果您希望提取 oBTC，请导航到“提取 Withdraw”选项卡。
   * 选择“oBTC”选项并输入您要提取的金额。
   * 单击“提取”按钮以启动提取过程。

## Key Features 主要特点

1. **BTC 流动代币：**
   * &#x20;**存入 BTC：**&#x6563;户投资者可以通过多方计算 (MPC) 存入 BTC 并将其映射到 oBTC。
2. **Yield Generation:** 收益生成：
   * **收益池：**&#x5C06; oBTC 存入收益池，其中底层 BTC 遵循特定的收益策略。
   * **策略类型**：DeFi 策略使用时间加权点，而 CeFi 策略使用传统基金净值管理。
3. **治理：**
   * &#x20;**策略管理：**&#x76D1;督 DeFi 和 CeFi 策略。
   * **映射执行：**&#x7BA1;理 oBTC 映射。
   * **激励**：分发积分和 $OB 代币作为激励。
4. **OmniChain Compatibility:** 全链兼容性：
   * **跨链移动：**&#x4E3A; oBTC 和 oyBTC 启用原生跨链功能。


# 提款 FBTC/ BTC

操作流程

### 提取 FBTC:

<figure><img src="/files/ml6zGL7yFWmPFITRSzhD" alt="" width="563"><figcaption><p>提取 FBTC</p></figcaption></figure>

1. 进入 DAPP 的 "Withdraw" 标签页。
2. 选择 "FBTC (Ethereum)" 作为您要提取的资产类型。
3. 连接您的钱包,授权 DAPP 进行提款操作。
4. 输入您想要提取的 OBTC 数量。请注意, OBTC 将会被立即销毁。
5. 提款请求提交后,您的 FBTC 将在 3 天后自动发送到您的钱包账户。这是因为 FBTC 对应的底层资产需要经过 3 天的解锁期。
6. 您可以在 "Receive" 标签页查看提款进度和最终到账时间。

<figure><img src="/files/UYtuJaVna9oDn5V7kJoN" alt="" width="271"><figcaption><p>提取原生 BTC</p></figcaption></figure>

### 提取原生 BTC:

1. 进入 DAPP 的 "Withdraw" 标签页。
2. 选择 "BTC (Bitcoin L1)" 作为您要提取的资产类型。
3. 连接您的比特币钱包,授权 DAPP 进行提款操作。
4. 输入您想要提取的 OBTC 数量。请注意, OBTC 将会被立即销毁。
5. 提款请求提交后,您的原生 BTC 将在 7 天后自动发送到您的钱包账户。这是因为原生 BTC 对应的底层资产需要经过 7 天的解锁期。
6. 您可以在 "Receive" 标签页查看提款进度和最终到账时间。


# oBTC 收益池简介

Obelisk的超级收益池，为用户寻求多层收益路径。

<figure><img src="/files/8GUM8eCmryQEnn32RpLl" alt=""><figcaption></figcaption></figure>

oBTC 收益池是一种去中心化金融 (DeFi) 协议，允许用户存入其包装的比特币 (oBTC) 并获得收益。该协议目前提供一些收益池 - B2 网络池、Babylon 池。

如何使用 oBTC 收益池

1. 存入 oBTC ：
   * 访问 Obelisk 平台并导航到“重新质押Restaking”部分。
   * 在“Defi”类别下找到 B2 网络池。
   * 单击“质押”按钮将您的 oBTC 存入池中。
   * 确认交易并等待存款处理。
2. 赚取收益：
   * 一旦您的 oBTC 存入，协议将自动将其质押在 B2 网络中以产生收益。
   * 您获得的收益将以“oyBTC-b2”代币的形式跟踪，这代表您在池中的奖励份额。
   * 我的 oyBTC-b2”和“我的 oyBTC-b2 积分”字段将分别显示您累积的代币和积分数量。
3. 提取资金：
   * 当您准备提取存入的 oBTC 和获得的奖励时，请单击“取消质押”按钮。
   * 确认提款交易，您的 oBTC 将被释放回您的钱包。

要记住的要点：

* oBTC 收益池是一种 Defi 协议，因此您存入的 oBTC 将转换为 oyBTC-b2 代币，代表您在池中的权益。
* 收益是通过协议在 B2 网络中的质押策略获得的。
* 您获得的奖励以 oyBTC-b2 代币和积分的形式进行跟踪。
* 用户将OBTC质押进超级收益池，将获得超级收益池的质押凭证。该质押凭证将有权获得来自超级收益池的多层收益。
* 用户也可以将OBTC跨链到Obelisk合作的L2上的质押池进行质押，获取来自二层的收益的同时，也将获得来自超级收益池的多层收益.

## 质押凭证

用户将OBTC质押到以太坊上的超级收益池可1:1获得oyBTC。

## 策略路径

Obelisk的超级收益池，底层资产将统一兑换为FBTC，再通过FBTC的质押接口，将FBTC对应的原生BTC资产质押到Babylon，获取一层收益的同时，再获取额外的FBTC Points奖励。

## 质押积分

oyBTC Point

每小时统计用户持有oyBTC量按照1:1000转换为积分。例如用户持有1个oyBTC，每小时增加1000个oyBTC Point。

## 奖励领取

在Defi奖励发放后一个月内，用户可以根据oyBTC Point的多少在Obelisk DAPP页面领取收益。


# Obelisk FBTC矿池 Pool 介绍

欢迎来到 Obelisk 协议，这是 NodeDAO 团队创建的革命性资产管理平台。Obelisk 集成了各种 DeFi 收益策略，帮助用户最大化其加密货币的回报

### 什么是 FBTC 池Pool？ <a href="#what-is-the-fbtc-pool" id="what-is-the-fbtc-pool"></a>

FBTC 池是 Obelisk 协议的一个关键功能，允许用户存入 FBTC 并通过精心策划的策略获得有竞争力的收益。通过参与 FBTC 池，用户可以利用其 FBTC 持有量来产生额外收入，同时保持灵活性和安全性。评论

## Pool 的工作原理 <a href="#how-the-fbtc-pool-works" id="how-the-fbtc-pool-works"></a>

### 存入和接收 oBTC <a href="#deposit-and-receive-obtc" id="deposit-and-receive-obtc"></a>

1. **访问 Obelisk 前端**：首先导航到 Obelisk 协议的网站。评论
2. **存入 FBTC：**&#x901A;过前端页面将您的 FBTC 存入协议。此操作在以太坊和 Mantle 网络上均受支持。
3. 获取 oBTC：存入 FBTC 后，您将以 1:1 的比例收到 oBTC，代表您的第 2 层资产。

### 参与 FBTC 收益池 <a href="#participate-in-the-fbtc-yield-pool" id="participate-in-the-fbtc-yield-pool"></a>

1. **存入 oBTC**：导航到 Obelisk 平台上的 FBTC 收益池部分并存入您的 oBTC。
2. **接收 oyBTC：**&#x5C06; oBTC 存入收益池后，您将收到存款证明 oyBTC。此证书允许您开始从收益池中赚取 SolvBTC 积分。

### 查看和领取您的回报 <a href="#view-and-claim-your-returns" id="view-and-claim-your-returns"></a>

1. **监控收益：**&#x4F7F;用 Obelisk 前端界面检查您的质押金额和您累积的积分。
2. **回报时间**：回报获取的时间与每个策略的代币生成事件 (TGE) 相关联。这些回报不是连续的，并且因策略而异。
3. **索取回报**：当有回报时，您可以直接从 Obelisk 前端页面索取。评论 提取您的资金

### 提取您的资金 <a href="#withdraw-your-funds" id="withdraw-your-funds"></a>

1. **返回 oyBTC：**&#x5982;果您希望提取资金，请将 oyBTC 退还给协议。&#x20;
2. **提取 FBTC：**&#x8FD4;回 oyBTC 后，您可以随时提取您的 FBTC。

### 为什么使用 FBTC 池？ <a href="#why-use-the-fbtc-pool" id="why-use-the-fbtc-pool"></a>

### The FBTC Pool on Obelisk offers several advantages: Obelisk 上的 FBTC 池具有多项优势： <a href="#the-fbtc-pool-on-obelisk-offers-several-advantages" id="the-fbtc-pool-on-obelisk-offers-several-advantages"></a>

* **高收益：**&#x8BBF;问旨在最大化回报的各种收益策略。&#x20;
* **灵活性**：轻松存入和提取资金，无需长期承诺。
* **安全性：**&#x53D7;益于 Obelisk 团队实施的安全协议和风险管理策略。

立即加入 Obelisk 上的 FBTC 池，开始从您的加密资产中赚取更多收益！如果您有任何疑问或需要进一步帮助，我们的支持团队将随时为您提供帮助。


# 参与巴比伦Babylon 第一阶段 - 第 2 章

### Babylon 比特币质押的背景——第 1 阶段，Cap-2

Babylon 质押允许比特币持有者**锁定他们的 BTC 以换取奖励**，激励长期持有并提供对各种网络功能的访问。该计划**分阶段**推出，并定义“上限”，以逐步让参与者加入并管理质押交易的流程。

***

### 第 1 阶段概述

第 1 阶段是 Babylon 比特币质押计划的**首次实时主网启动**。它引入了上限质押窗口，以在现实条件下测试系统，并为参与者**提供赚取积分**的机会，这可能会解锁平台上的未来奖励或福利（受管辖）。每个上限都引入了略有不同的规则，以鼓励灵活性和参与度。

***

### 什么是 Cap-2？

Cap-2 是**第 1 阶段**的一部分，并在 Cap-1 成功结束后引入了新参数。本轮旨在通过允许**更高的质押限额**和**降低解绑费用**来扩大参与度。Cap-2 将运行 **10 个比特币区块**，只有这些区块中的交易才有资格。

### 如何参与 Babylon Bitcoin Staking – 第 1 阶段，Cap-2

Cap-2 将于 **2024 年 10 月 8 日** UTC 时间晚上 8 点左右开始，持续 **10 个比特币区块**。以下是快速指南：

***

### 关键日期和持续时间

* **开始**时间：2024 年 10 月 8 日 UTC 时间晚上 8 点
* **持续时间**：BTC 区块 **864790 至 864799**（10 个区块）

***

### 如何质押

* **最低质押**：0.005 BTC
* **最高质押**：500 BTC
* **解除质押费**：0.00032 BTC（比 Cap-1 低 50%）

**重要提示**：864790–864799 区块范围之外的交易将**不被接受**。

***

### 积分系统

* **每个区块 10,000 积分**，根据您的质押按比例分配。
* 积分可能会解锁未来的福利（检查您所在辖区的可用性）。

***

### 溢出政策

* **864799 之后**的区块中的交易将被标记为**溢出**并被拒绝。
* **Cap-1 中的溢出质押**不会延续到 Cap-2。

***

### 后续步骤

1. 在区块 **864790–864799** 之间进行质押即可获得资格。
2. 如果您的质押溢出，请立即**解除质押并提现**。
3. 有关更多详细信息，请访问 [**Babylon Labs 的平台**](https://btcstaking.babylonlabs.io)。


# 合约

以下是 Obelisk 协议中使用的关键智能合约主网（以太坊）：

1. **Obelisk Contract for Core Network**:
   * **Address**: 0xe423B99aF103C4423CE9EdF37D4790e9ab1cD999
2. **Secure Mint Contract**: oBTC secure minting
   * **Address**: 0xa57dC79B2852415448B66100bF59753318F9d25F
3. **StrategyManager** **Contract**: strategy management
   * **Address**: 0x995f4e4C75D6eb1764557299933a4e633c8d5E38
4. **StrategyBBN Contract:** babylon staking strategy
   * **Address:** 0x174799aF838f3883e88161f04011E2a316BfC410
5. **Timelock Contract:**
   * **Address:** 0xe4c555c2aa8F7FDB7Baf90039b3A583c8E312f20

<table><thead><tr><th>oBTC Contract Supported Networks</th><th>Contract Address</th><th data-hidden></th><th data-hidden></th></tr></thead><tbody><tr><td><strong>Mode Network</strong></td><td>0xe3C0FF176eF92FC225096C6d1788cCB818808b35</td><td></td><td></td></tr><tr><td><strong>Taiko Network</strong></td><td>0xe3C0FF176eF92FC225096C6d1788cCB818808b35</td><td></td><td></td></tr><tr><td><strong>exSat Network</strong></td><td>0xe3C0FF176eF92FC225096C6d1788cCB818808b35</td><td></td><td></td></tr><tr><td><strong>CoreDAO Network</strong></td><td>0x000734cf9e469bad78c8ec1b0deed83d0a03c1f8</td><td></td><td></td></tr><tr><td><strong>Ethereum Network</strong></td><td>0xB1e12802831Da99D2d47b6a55049D69bf7De0e3C</td><td></td><td></td></tr></tbody></table>


# 重要链接

💎Obelisk is a Bitcoin asset management protocol enhancing value and liquidity through restaking and diverse yield strategies.

1️⃣Obelisk Website: <https://obelisk.nodedao.com>

2️⃣X(Twitter)： <https://x.com/Oblisk_NodeDAO>

3️⃣Telegram： [https://t.me/oblisk\_group](https://x.com/Oblisk_NodeDAO)

4️⃣Gitbook: [https://docs-obelisk.nodedao.com/](https://x.com/Oblisk_NodeDAO)

5️⃣Audit by Certik: <https://github.com/NodeDAO/audit/blob/main/CertiK-Obelisk-final-20240805T174639Z.pdf>


# Audits

Obelisk审计由Certik执行，[审计报告](https://github.com/NodeDAO/audit/blob/main/CertiK-Obelisk-final-20240805T174639Z.pdf)


