Can BTC also earn insurance premiums? What is the real profit logic behind SatLayer? > The core issue of all pledge or re pledge logics is whether the returns are sustainable. The re pledging of BTC is no exception. The promotion strategy of Satlayer is one of the few projects that I have seen that have significant reference value in terms of sustainability and scalability of revenue. 1、 Highlight of Core Product: Running Insurance Business with BTC Satlayer is a re staking protocol for BTC, mainly developed for real profit scenarios based on Bitcoin Verification Service (BVS). Taking the core product of the project - income oriented BTC insurance fund as an example. Those familiar with traditional finance generally understand that there are only three aspects to measure the ability of an insurance company: capital, risk capability, and cash flow operation capability. SatLayer's approach is to turn BTC into an "on chain reserve" for insurance companies: BTC Re staking=Insurance Fund Pool Confiscation mechanism=automatic claims system Re pledge income=simulated premium dividends Reinsurance mechanism=controlling exposure and diversifying black swan risks This logic is not simply to DeFi insurance, but to build a new financial structure using Bitcoin and participate in the profit distribution of the traditional insurance value chain. The charm of insurance is that as long as there is a risk of asset loss, its demand remains rigid. Therefore, under this mechanism, the product can not only serve as a clearing protection for Babylon/EgenLayer projects on the chain, but also meet the tail risk of lending agreements. Even real-world insurance (catastrophe, labor compensation, etc.) can be underwritten in real life; From a longer perspective, it is also possible to expand the main brokerage business, AI Infra verification, stablecoin support, and more. 2、 Why is Satlayer's revenue sustainable There are three main reasons why the profits here are sustainable: Premiums come from real risk transfer needs, not from incentives piled up by Ponzi schemes. BTC is self owned and never leaves the chain. It can only be used when compensation conditions are triggered, ensuring stable funds. 3. Real scene expansion+risk management, can be reused on a large scale. I am interested in SatLayer not because of how many top insurance companies it currently collaborates with, nor because of VC giants like Hack VC and Franklin Templeton standing behind it. But under the trend of rapid integration between the entire industry and real-world assets such as RWA and stablecoins. The project has given BTC a new role: transitioning from "value storage" to "risk protection capability". Especially for assets like BTC, which are the most trusted, transparent, and difficult to tamper with, once they can bear the responsibility of risk hedging in the real world, BTC's safe haven properties are truly realized. At that time, the significance of SatLayer was far more than just "collaborating with a few insurance companies", but rather the core hub of the Bitcoin economic layer.