Yuav Ua Li Cas Tsis Siv Neeg Liquidation ntawm $ 600M hauv Ethereum tau zam nruj

decrypting defi ntawv xov xwm header
Decrypting DeFi yog Decrypt tus DeFi email tsab ntawv xov xwm. (Art: Grant Kempster)

Thaum txhua tus neeg tab tom saib tus nqi txiav txim ntawm lawv cov nyiam tokens sab saum toj, ob peb tham txog yuav ua li cas decentralized stablecoins ua yeeb yam. Thiab ib tus tub luam crypto tshwj xeeb, uas tau coj nws lub qhov muag tawm ntawm nws qhov khoom plig ruaj khov, ze li ntawm $ 600 lab Ethereum liquidation rau hnub Friday.

Qhov ntawd yuav ua rau tus nqi ntawm ETH poob hnyav dua. Tab sis qhov teeb meem crypto no tau nqaim zam.

Ua ntej peb dhia mus rau qhov tshwm sim rau hnub Friday, ntawm no yog qee qhov keeb kwm yav dhau los. Decentralized stabilitycoins, zoo li Maker's DAI, tau txhawb nqa los ntawm lwm yam cryptocurrencies, zoo li Ethereum. Koj tso Ethereum thiab cov txheej txheem tawm tsam DAI. 

Tam sim no, muaj ib qho tseem ceeb ceeb toom: Ethereum deposits yuav tsum overcollateralized, txhais tau tias lawv yuav tsum ntau tshaj 100% ntawm tus nqi ntawm DAI koj nyob nraum minting. Nyob ntawm cov cuab yeej cuab tam, qhov sib piv ntawm cov khoom lag luam no tuaj yeem yog 130%, 145%, lossis 170%, raws li cov khoom siv tam sim no ntawm Tus Tsim.

Yog li, kom mint $ 1 ntawm DAI, Kuv xav tau muab $ 1.30, $ 1.45, lossis $ 1.70 ntawm Ethereum. 

Yog vim li cas overcollateralization tshwm sim thoob plaws hauv DeFi yog vim lub lag luam crypto tsis muaj npe nrov. Yog tias tus nqi ntawm Ethereum poob rau hauv ntau lub ntsiab lus txav, zoo li nws tau ua thaum kawg ntawm lub lim tiam dhau los, ces cov haujlwm tseem muaj me ntsis ntawm qhov tsis muaj ua ntej cov nyiaj ruaj khov poob nws cov nyiaj duas. 

Thaum twg Ethereum vault hauv Maker poob qis dua nws qhov sib piv ntawm cov khoom lag luam, lub kaw lus ceeb toom rau tus neeg tuav pov hwm tias lawv yuav tsum tau tso nyiaj ntau Ethereum kom khaws qhov sib piv. Yog tias tus neeg tuav pov hwm tsis ua li ntawd, cov khoom pov thawj hauv lub tsev khaws puav pheej yog liquidated thiab muag ntawm kev muag khoom ntawm luv nqi. 

Lawm, scooping txog qhov luv nqi Ethereum yog kev lag luam zoo rau cov neeg tuaj yeem them taus. Nws yog qhov kev lag luam zoo rau Cov Txheej Txheem Tsim Kho ib yam nkaus vim tias nws them nqi ntxiv "kev nplua nyiaj" rau cov neeg uas tsis tswj hwm lawv cov vaults. 

Zoo, yog li ntawd yog lub mechanism. Tom ntej no, cia peb rov qab mus rau qhov kev tshwm sim loj tshaj plaws uas tau tshwm sim nyob rau hauv DeFi thiab cov tub luam "pw tsaug zog" uas txwv tsis pub nws tsis zoo.

Kev tshawb fawb lub tuam txhab Delphi Digital tau tshaj tawm tias 50% ntawm cov ntaub ntawv tawg $ 200 lab hauv Ethereum liquidations uas tau tshwm sim rau hnub Friday tag nrho tshwm sim ntawm Maker. 

Cov neeg tsim khoom lag luam yuav luag txog $ 600 lab nyob rau hauv nruab nrab ntawm kev sib tsoo tom qab ib tus neeg tuav pov hwm yuav luag tsis tuaj yeem sau nws lub tsev khaws puav pheej thiab rov qab mus rau hauv cov khoom ntiag tug. 

Tus neeg tuav pov hwm no, npe hu ua "7 Siblings," yuav tsum tau ua lub luag haujlwm loj hauv kev muag muag txuas ntxiv ntawm Ethereum. Kev muag khoom txuas ntxiv tuaj yeem ua rau muaj kev lag luam ntxiv, thiab txuas ntxiv mus. (Qhov no yog qhov tib neeg txhais tau tias "cascading liquidations," los ntawm txoj kev.)

Tus tsim co-founder Rune Christensen suav nws yog surreal: "Tus kws tsim khoom tab tom ua lag luam pov tseg $ 600 lab tus nqi ntawm ETH tshwj tsis yog tias ib tus neeg tuaj yeem hu xov tooj rau tus txiv neej 7 Tus nus muag no thiab qhia nws kom sau nws lub vaults hauv 30 feeb tom ntej."

Tom qab tsuas yog $ 65 lab hauv liquidations, nws zoo li ib tug neeg thaum kawg tau txais nws hauv xov tooj (los yog tsa nws sawv, leej twg paub). Tseem muaj ib zaj nkauj sau txog qhov kev tshwm sim. Tshawb xyuas nws no.

Thiab nyob rau hauv txoj kev, tus tsim raws tu qauv tau txais ntau me ntsis ntawm cov nyiaj tau los ntawm kev nplua nplua. 

Ua tsaug rau hnub Friday qhov kev txiav txim siab tsis zoo, Tus tsim tau tau txais nyiaj ntau tshaj plaws raws li txoj cai tau txais hauv nws lub neej.

Raws li rau DAI lub peg, CoinGecko qhia tau hais tias cov nyiaj ruaj khov luv luv poob qis li $0.96 thaum lub sij hawm liquidation tshwm sim. Nws rov qab los sai sai, uas yog ib qho pov thawj rau cov txheej txheem kev ua haujlwm. 

Txawm li cas los xij, nws yog ib qho kev ceeb toom me ntsis tias muaj ntau yam tshwm sim hauv crypto tsuas yog "tus lej nce" lossis nqis. Tag nrho cov kev lom zem DeFi kev sim no tau khiav los ntawm wringer (kom zoo dua lossis phem dua). Cov uas dhau qhov kev ntsuam xyuas kev ntxhov siab txaus txav ib kauj ruam los ze zog mus ua lub neej yav tom ntej ntawm nyiaj txiag. 

Tau qhov twg los: https://decrypt.co/91436/7-siblings-maker-liquidation-600m-worth-ethereum-narrowly-avoided