Lub zej zog Frax tsis ntev los no pom zoo ib lub tswv yim los ua kom nws FEI stabilitycoin tag nrho txhawb nqa los ntawm USD sib npaug, es tsis yog tuav ib feem txhawb nqa thiab ib nrab. algorithmic ruaj khov bitcoin. Nrog Frax qhov kev txiav txim siab, cov hnub ntawm kev sim nrog algorithmic stabilitycoins thaum kawg tuaj yeem nyob tom qab peb.
Qhov chaw decentralized stabilitycoin tsuas yog ua pov thawj zoo nrog ETH, USDC thiab BTC thaub qab stabilitycoins. Qhov tsis ua tiav ntawm algorithmic stabilitycoins (xws li UST) thiab depegging ntawm overleveraged stabilitycoins (zoo li MIM) tau dhau los ua ib qho ntawm cov laj thawj tseem ceeb rau kev poob kev ntseeg siab hauv decentralized stabilitycoins.
Qhov chaw decentralized stabilitycoin tseem me me
Decentralized stabilitycoins account rau 5.5% ntawm tag nrho cov khoom ruaj khov. MarkerDAO DAI txib tus tsov ntxhuav feem ntawm qhov no nrog 71% dominance. Kev hloov pauv ntawm cov nyiaj tau los ntawm cov txiaj ntsig ruaj khov yog qhov tseem ceeb hauv DAI thiab tau poob qis txij li Q3 2022, qhia tias kev ua haujlwm thoob plaws hauv kev lag luam tseem cuam tshuam.
Thaum lub sij hawm tus nyuj khiav ntawm 2021 thiab 2022, platforms zoo li Abracadabra thiab Luna vam meej vim muaj ntau dua yields, tab sis thaum lub lag luam coj ib tug tsis zoo tig cov nyiaj npib ruaj khov no yog ib co ntawm cov thawj mus vau. Luna's UST stabilitycoin poob thaum lub Tsib Hlis 2022 Tom qab kev tshem tawm loj ntawm cov nyiaj ruaj khov cuam tshuam nws cov txheej txheem algorithmic.
Ua ntej nws tawg, UST tau dhau los ua tus thib peb loj tshaj stabilitycoin nrog rau cov khoom loj dua BUSD thiab tsuas yog tom qab USDT thiab USDC. Txawm li cas los xij, qhov cuam tshuam ntawm Luna lub cev qhuav dej ua rau Abracabra's MIM stabilitycoin poob nws cov peg vim qhov poob qis hauv cov nqi ntawm cov cuab tam txhawb nqa MIM. Cov khoom lag luam tawm thoob plaws lub platform uas tsis muaj cov neeg yuav khoom, ua rau poob qis qis dua $ 1 qib peg.
Tsuas yog ob peb tus neeg sawv cev tseem nyob
MakerDAO's DAI stabilitycoin yog qhov ntev tshaj plaws-sawv decentralized lwm txoj kev, nrog rau kev lag luam tseem ceeb. Thaum DAI tus qauv tsim txhawb nqa kev faib tawm, lub token tau dhau los ua tus neeg raug tsim txom ntawm kev sib koom ua ke, nrog ntau dua 50% ntawm cov cuab tam txhawb nqa DAI. tsim los ntawm Circle's USDC.
Lub zej zog MakerDAO tau nce qib los ua kom muaj kev sib txawv ntawm lub platform txhawb nqa. Lub Kaum Hli 2022, cov zej zog voted los hloov $ 500 lab USDC rau US Treasury bonds.
Tsis ntev los no, MarkerDAO thiab qhov chaw decentralized ruaj khov tau txais lwm lub tshuab tom qab kev txiav txim plaub ntug hauv tebchaws Askiv yuam lub platform kom suav nrog kev xaiv los txeeb cov khoom muaj nqis los ntawm tus neeg siv. Nws tsim muaj kev tswj hwm kev pheej hmoo rau cov platforms siv thiab tso tawm cov nyiaj tau los ruaj khov.
Dhau li ntawm MakerDAO, Liquity tau txais lub koob npe zoo hauv DeFi raws li ETH-txhawb nqa nyiaj txiag ruaj khov platform. Liquity yog censorship tsis kam raws li nws tsuas yog muab cov ntawv cog lus ntse ntawm Ethereum, uas tsis yog tswj hwm los ntawm cov thawj coj. Tag nrho cov khoom ntawm LUSD yog 230 lab, nrog LQTY raws li kev siv hluav taws xob token ntawm lub platform.
Qhov project tus neeg token, LQTY, tau nce ob npaug ntawm tus nqi tom qab nws cov npe Binance ntawm Lub Ob Hlis 28, 2023. Muaj kev iab liam kev lag luam sab hauv qab tus nqi nce ntxiv qhia los ntawm tsis qhia npe on-chain analytics portal Ib Ape's Prologue. Txawm li cas los xij, tus token tus nqi qis tshaj tawm thiab cov txiaj ntsig tiag tiag hauv tus nqi raws tu qauv tuaj yeem ua rau nws muaj txiaj ntsig zoo rau kev tswj hwm-tsuas yog tokens zoo li Uniswap's UNI tus cim.
Stablecoin platforms tsim kom muaj peev xwm thiab kev ntseeg siab dhau sijhawm
Frax qhov kev txiav txim siab tsiv mus nyob deb ntawm ib feem algorithmic tsim rau ib qho kev txhawb nqa ruaj khov tuaj yeem pom qhov nce hauv kev thov rau FEI. Ntxiv mus, Frax yog tus tuav tseem ceeb ntawm Curve's CRV thiab Convex Finance's CVX token, ua rau DAO los txhawb kom muaj peev xwm ua tau zoo ntawm Curve. Qhov no yog qhov tseem ceeb vim tias qhov dej txaus txaus yog ib qho ntawm thawj qhov yuav tsum tau ua rau qhov kev vam meej ruaj khov.
Related: Stablecoin saws tuaj yeem ua rau DeFi kev loj hlob, hais tias Aave tus tsim
Tam sim no, crypto lag luam volatility tsis txaus siab rau ntau tus neeg siv los ntawm minting crypto-collateralized stabilitycoins. Qhov tsis muaj kev ntseeg siab nyob rau hauv decentralized stabilitycoins thiab ntev-sawv permeability ntawm centralized stabilitycoins nyob rau hauv ntau yam pauv ua rau nws nyuaj rau decentralized lwm txoj kev kom tau txais kev sib koom ua lag luam.
Tseem, lub sijhawm ua lag luam mus sij hawm ntev rau decentralized stabilitycoins yog qhov tseem ceeb. Nyob rau tib lub sijhawm, kev txo qis thiab kev tswj xyuas kom meej nyob ib puag ncig cryptocurrencies yuav ua rau qhov kev thov rau crypto-rov qab ruaj khov.
Cov kev xav, cov kev xav thiab kev xav ntawm no yog tus sau phau ntawv ib leeg thiab tsis tas yuav muaj kev cuam tshuam lossis sawv cev ntawm kev pom thiab kev xav ntawm Cointelegraph. Kab lus no tsis muaj cov tswv yim peev lossis cov lus pom zoo. Txhua qhov kev nqis peev thiab kev lag luam tawm mus cuam tshuam nrog kev pheej hmoo, thiab cov nyeem yuav tsum ua lawv tus kheej kev tshawb fawb thaum txiav txim siab. Tau qhov twg los: https://cointelegraph.com/news/frax-s-shift-to-a-fully-backed-stablecoin-signals-the-end-of-defi-s-algorithmic-experiment