I-Circle iqalise ukuboleka ngokusebenzisa i-BTC njengesiqinisekiso kwi-Arc nase-Ethereum—ngaphandle kokuthengisa iimali, kusekhona ingozi yokuvalwa (liquidation)
Okusethuthukiswa ngalesi sikhathi ukusebenziseka kwemali yokusebenza kuma-institution asebenzisa i-BTC, hhayi ukwehlisa ingozi yenani le-BTC uqobo. Okufanele kuqhathaniswe yizindleko zokuboleka, amandla okubuyisela (overcollateral) nokuba khona kwesikhala sokugwema ukuvalwa, hhayi ukubheka kuphela “ukungadingi ukuthengisa”.
Ngo-September 21, i-Circle yathi izokwethula isevisi yokuboleka i-USDC ngokuxhasa i-BTC ku-Arc nase-Ethereum, kanti iqoqo lokuqala lizoxhuma emakethe ye-Morpho. Isevisi ihloselwe amakhasimende e-Circle Mint ahlangabezana nezimo kuphela, ayivulelekile kubantu ngabanye, futhi amakhasimende aseNew York awaphakathi kwalesi simo.
Indlela iwukufaka i-BTC, uyenze i-cirBTC, bese usebenzisa isikhwama esilawulwa yikhasimende ukufaka i-cirBTC njengesiqinisekiso kumakethe yokuboleka yomuntu wesithathu; i-USDC ebolekiwe ibuyela ku-saldo ye-Circle Mint. Ukuboleka kwenzeka esivumelwaneni somuntu wesithathu, hhayi i-Circle uqobo eyinikeza ngqo; izinga lenzalo, izidingo zesibambiso kanye nemingcele yokuthi kudingeke nini kuvalwe kunqunywa imakethe ekhethiwe, futhi kuyashintsha.
I-cirBTC inesisekelo sokugcinwa kwe-BTC engu-1:1, kodwa akusho ukuthi isikhundla semalimboleko siqinisekisiwe ukuthi siyabuye singaphuli (risk-free). Ukugcinwa/ukugadwa kwe-BTC ngaphansi, kanye nobungozi uma i-cirBTC isingena esivumelwaneni semalimboleko, yizinto ezimbili ezahlukene. Imigomo ebuyekezwe yi-Circle ngo-September 16 iyacacisa: izimpahla ezithunyelwa esikhwameni esilawulwa ngumsebenzisi azisazuzanga ukuvikelwa okufanayo nokuhlala ku-Mint; ukwehla kwenani lesibambiso, ukunqwabelana kwenzalo, noma ushintsho kumingcele yesivumelwano kungadala ukuvalwa okuzenzakalelayo, futhi kungenzeka kungaziswa ngaphambi kwesikhathi.
Inani layo elisebenzayo ukuthi: kuncishiswe ukushintsha amapulatifomu, kutholwe imali yokusebenza, kuthi ngaphezu kwalokho kugcinwe ukuchayeka ekunyukeni nasekwehleni kwe-BTC; izindleko ukuthi uthwala isikweletu se-USDC kanye nobungozi bezivumelwano zomuntu wesithathu. Isimemezelo asikabonisi ukuthi mangaki ama-institution asevele abolekile, futhi akunakwenzeka ukuthatha inani elingabolekwa njengemali eyengeziwe etholakalayo yokuthenga i-BTC empeleni.
Esikhathini esizayo isonto, into ebalulekile okufanele ibhekwe yizilinganiso zenzalo zesikhathi sangempela kumakethe asevele avuliwe, inani elingabolekwa, kanye nemingcele yokuvalwa; kamuva kuhlolwe amarekhodi okuxhasa nokubuyisela (borrow/repay) empeleni. Ukuhlolwa kwezindleko kanye nenqubo yokuphuma ngokusebenza okuqhubekayo yikho kuphela okwenza ukuthi sikhuphule ukuhlolwa kokusebenza kwalolu hlelo ngenjongo yokuhamba kwemali; uma izinga lenzalo likhuphuka ngokushesha, uketshezi luncipha, noma kuvela iziphazamiso esivumelwaneni, siyakwehlisa.
#比特币 #Circle #USDC
Okusethuthukiswa ngalesi sikhathi ukusebenziseka kwemali yokusebenza kuma-institution asebenzisa i-BTC, hhayi ukwehlisa ingozi yenani le-BTC uqobo. Okufanele kuqhathaniswe yizindleko zokuboleka, amandla okubuyisela (overcollateral) nokuba khona kwesikhala sokugwema ukuvalwa, hhayi ukubheka kuphela “ukungadingi ukuthengisa”.
Ngo-September 21, i-Circle yathi izokwethula isevisi yokuboleka i-USDC ngokuxhasa i-BTC ku-Arc nase-Ethereum, kanti iqoqo lokuqala lizoxhuma emakethe ye-Morpho. Isevisi ihloselwe amakhasimende e-Circle Mint ahlangabezana nezimo kuphela, ayivulelekile kubantu ngabanye, futhi amakhasimende aseNew York awaphakathi kwalesi simo.
Indlela iwukufaka i-BTC, uyenze i-cirBTC, bese usebenzisa isikhwama esilawulwa yikhasimende ukufaka i-cirBTC njengesiqinisekiso kumakethe yokuboleka yomuntu wesithathu; i-USDC ebolekiwe ibuyela ku-saldo ye-Circle Mint. Ukuboleka kwenzeka esivumelwaneni somuntu wesithathu, hhayi i-Circle uqobo eyinikeza ngqo; izinga lenzalo, izidingo zesibambiso kanye nemingcele yokuthi kudingeke nini kuvalwe kunqunywa imakethe ekhethiwe, futhi kuyashintsha.
I-cirBTC inesisekelo sokugcinwa kwe-BTC engu-1:1, kodwa akusho ukuthi isikhundla semalimboleko siqinisekisiwe ukuthi siyabuye singaphuli (risk-free). Ukugcinwa/ukugadwa kwe-BTC ngaphansi, kanye nobungozi uma i-cirBTC isingena esivumelwaneni semalimboleko, yizinto ezimbili ezahlukene. Imigomo ebuyekezwe yi-Circle ngo-September 16 iyacacisa: izimpahla ezithunyelwa esikhwameni esilawulwa ngumsebenzisi azisazuzanga ukuvikelwa okufanayo nokuhlala ku-Mint; ukwehla kwenani lesibambiso, ukunqwabelana kwenzalo, noma ushintsho kumingcele yesivumelwano kungadala ukuvalwa okuzenzakalelayo, futhi kungenzeka kungaziswa ngaphambi kwesikhathi.
Inani layo elisebenzayo ukuthi: kuncishiswe ukushintsha amapulatifomu, kutholwe imali yokusebenza, kuthi ngaphezu kwalokho kugcinwe ukuchayeka ekunyukeni nasekwehleni kwe-BTC; izindleko ukuthi uthwala isikweletu se-USDC kanye nobungozi bezivumelwano zomuntu wesithathu. Isimemezelo asikabonisi ukuthi mangaki ama-institution asevele abolekile, futhi akunakwenzeka ukuthatha inani elingabolekwa njengemali eyengeziwe etholakalayo yokuthenga i-BTC empeleni.
Esikhathini esizayo isonto, into ebalulekile okufanele ibhekwe yizilinganiso zenzalo zesikhathi sangempela kumakethe asevele avuliwe, inani elingabolekwa, kanye nemingcele yokuvalwa; kamuva kuhlolwe amarekhodi okuxhasa nokubuyisela (borrow/repay) empeleni. Ukuhlolwa kwezindleko kanye nenqubo yokuphuma ngokusebenza okuqhubekayo yikho kuphela okwenza ukuthi sikhuphule ukuhlolwa kokusebenza kwalolu hlelo ngenjongo yokuhamba kwemali; uma izinga lenzalo likhuphuka ngokushesha, uketshezi luncipha, noma kuvela iziphazamiso esivumelwaneni, siyakwehlisa.
#比特币 #Circle #USDC