DeFi 中的下一代自动化做市商将向何处发展?

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DeFi 中的下一代自动化做市商将向何处发展?

ZIDONGHUAZUOSHISHANG(AMM)ZAITUIDONG DeFi YIJILIUDONGXINGGONGJIDEMINZHUHUAFANGMIANFAHUILEJUDAZUOYONG,DANTAMENYECUNZAIHENDADEXIANZHI。WOMENXUYAOXINYILUNDECHUANGXIN,CAINENGBANGZHUZHULIUYONGHUGENGHAODIGUANLIFENGXIAN,BINGJIXUCANYUZHEICHANGBIANGE。

JIAOYISUOJINHUASHI

DUIDUOSHURENLAISHUO,JINRUJIAMISHIJIEDEDIYIGERUKOUWANGWANGSHI Coinbase HUOZHEBIANZHILEIDEZHONGXINHUAJIAOYISUO。KAOLVDAOCILEIJIAOYISUOCHONGZUDELIUDONGXING、YIYONGXING、YIJIRENMENDUIQISUOCAIYONGDEJINGDIANDINGDANBUJIZHIDESHUXICHENGDU,TAMENDESHOUHUANYINGCHENGDUJIUHENRONGYILIJIELE。

RANER,ZAIYIQUZHONGXINHUAWEIYOUXIANDEQUKUAILIAN/JIAMISHIJIEZHONGWANQUANYILAIYUZHONGXINHUAJIAOYISUO(CEX)ZONGGANJUEYOUXIEBIENIU,YOUQISHIYONGHUDEZIJINDOUYOU CEX TUOGUAN,KEGONGJIAOYIDEZICHANYEYOUTAMENJUEDING。

ZHIDEQINGXINGDESHI,JIEZHEJIUCHUXIANLEZAIYITAIFANGSHANGKAIFADEQUZHONGXINHUAJIAOYISUO (DEX),LIRU 0x HE DDEX ,TIGONGLEWUTUOGUANZIJINYIJINENGGOUBEISHENCHADEZHINENGHEYUE。DANSHI,ZHEIXIE DEX YIJIUCAIYONGLEYU CEX YIYANGDEDINGDANBUMOXING。CHULEGENGZAOGAODE UX/UI WAI,TAMENWANGWANGHAIYANZHONGQUEFALIUDONGXING。

DeFi 中的下一代自动化做市商将向何处发展?
DeFi 中的下一代自动化做市商将向何处发展?

ZAI Web 3 DESHIJIELI,DeFi SHISHIXIANJINRONGFUWUMINZHUHUADEYINQING,RUGUOZHEISHIHOUHAIDEYIKAOLAIZI“CHUANTONGSHIJIE”DEJIZHI,WEIMIANYETAIBUHESHIYILE。ZHEIJIUYAOQIUWOMENCONGGENBENSHANGDUIJIAOYISUOHELIUDONGXINGJINXINGZAISIKAO。

ZIDONGHUAZUOSHISHANGDECHUXIAN

YOU Uniswap LINGTOU,ZIDONGHUAZUOSHISHANG (AMM) BEIYINRULEJIAMISHIJIE,ERQIEHENKUAICHENGWEILE DEX DEDIANXINGDAIBIAO,WEI DeFi DAILAILELIUDONGXING。CONGBENZHISHANGSHUO,YIJIA AMM JIAOYISUOBUZAIYILAIYUDINGDANBUMOXING,ERSHIBAQITARENTIGONGDELIUDONGXINGXINGCHENGYIGECHIZI,GENJUQUEDINGXINGHANSHULAIZUOSHI。JIAOYIYUANNENGGOUHUODEGENGHAODELIUDONGXING,TONGSHIPUTONGYONGHUZHIYAOLIYONGXIANZHIZICHANTIGONGLIUDONGXINGJIUNENGGOUCONGJIAOYIFEIYONGZHONGFENDEYIBILIRUN。

JIEHETONGGUOLIUDONGXINGWAKUANGTIGONGDEJILI,AMM JINGLILEBAOZHAXINGZENGZHANG,YINWEIXIANZAILIUDONGXINGKEYI“ZHONGCHOU”LE,ERQIEZUOSHIGUOCHENGYIJINGSHIXIANLEMINZHUHUA。JIN 2020 NIAN 9 YUE,Uniswap DEJIAOYILIANGJIUDADAOLE 154 YIMEIYUAN,JIHUBI Coinbase DEDANGYUEJIAOYILIANGGAOLE 20 YIMEIYUAN。MUQIAN,DEX SUOZHANFENEYOU 93% YISHANGSHUYU AMM JIAOYISUO,GAIMOXINGYIYOULIDESHISHIZHENGMINGLEZIJIZHENGSHIJIANGQUZHONGXINHUAJIAOYITUIXIANGDAZHONGDECHUANGXIN。

DeFi 中的下一代自动化做市商将向何处发展?

DAN AMM BINGFEIYANGEYIYISHANGDEWANMEIFANGAN,TAQUESHICUNZAIYIXIEXIANZHI,LIRUDIZIJINLIYONGLV、EWAIDEFENGXIANCHANGKOU、YIJISHOUDAOGUANGFANTAOLUNDEWUCHANGSUNSHIWENTI。LIUDONGXINGTIGONGZHE (LP) YIJINGYISHIDAOLEZUOSHISHIYOUFENGXIANDE,ERQIEKENENGCHUXIANWUCHANGSUNSHI。CHUXIANZHEIZHONG“SUNSHI”DEYUANYINSHI LP ZHIXUYAOBATAMENDEZICHANCUNFANGZAIQIANBAOLIJIUKENENGHUODEGENGGAODEJIAZHI。

DeFi DEHEXINYOUSHIZHIZHONGDOUSHIDUIXIAOLVHESHOUYIJIANDANZHIBAIDEZHUIQIU,WULUNSHIZAIQUZHONGXINHUAJIEDAIPINGTAISHANGTIGONGDAIKUANHAISHITIGONGLIANSHANGLIUDONGXING,DOUSHIWEILESHIZIBENYONGYUANBUHUIXIANZHI,ERSHICHIXUBUDUANDITOURUSHIYONG。

JINGUAN AMM BENSHENYIJINGBANGZHUSHIXIANLELIUDONGXINGGONGJIDEMINZHUHUA,DANGQIANDEMOXINGYIJIUXUYAOJINYIBUDECHUANGXIN,CAINENGGENGQIHE DeFi DEJINGSHEN。

XIAYIDAILIUDONGXINGGONGJIFANGAN

SUIZHE DeFi LINGYUDEKUAISUCHUANGXINCHENGWEIYIZHONGCHANGTAI,AMM MOXINGDETIDAIFANGANHENKUAICHUXIANLE,ZHEIXIEFANGANNENGGOUGENGHAODIMIHELIUDONGXINGGONGJIDEBIDUAN。LIRU,XIANG DODO, COFiX, YIJI Bancor ZHILEIDEXIANGMUZHENGZAITIGONGXINDECHUANGXINFANGANLAIJIEJUEXIANCUNDEWENTI。

WENTI 1:DIZIJINLIYONGLV

AMM MUQIANDEZHUYAOWENTIZHIYISHIDUI LP TIGONGDELIUDONGXINGDEFENPEIFANGSHI。JUGELIZI,Uniswap ZAIZHENGGEJIAGEQUJIANNEITONGYIFENPEIZIJIN,ZHEIYIWEIZHEZHIYOUZAISHICHANGJIAGEFUJINFENPEIDEZIJINCAINENGZHENZHENGDEDAOYOUXIAOLIYONG,ERQIYUZIJINZEBEIXIANZHILE。ZHEIJIUDAOZHILEGAOHUADIANYIJIZIBENXIAOLVDIXIA。

ZAIZHEIZHONGQINGKUANGXIA,ZUOSHISHANGSUANFABIXUGENG“ZHINENG”,GENGXIANG CEX ZHONGDERENLEIZUOSHISHANG,NENGGOUGENJUSHICHANGJIAGEDEBIANHUABUDUANDIAOZHENGZIJIDEGUADAN。

DeFi 中的下一代自动化做市商将向何处发展?

DODO TICHUDELIUDONGXINGGONGJIXIAYIDAIJIEJUEFANGAN—ZHUDONGZUOSHISHANG(PMM, Proactive Market Maker)SUANFA—JIUSHIYIGEHENHAODELIZI。YU AMM MOXINGJIERANBUTONGDESHI,PMM CAIYONGLEJIAGEYUYANJI,BINGJIHUATONGGUOZAISHICHANGJIAFUJINJUHELIUDONGXINGLAIMOFANGZHENRENZUOSHI。

YOUYU PMM PINGTANDEQUXIAN,JIAOYIYUANJIANGNENGGOUCONGGENGDIDEHUADIANZHONGHUOYI。CIWAI,JISHISHICHANGJIAGEBIANHUA,PMM YEHUIZHUDONGDIAOZHENGJIAGEQUXIAN,YIQUEBAORENGYOUZUGOUDELIUDONGXING。ZHEIYANGYILAI,JIUQUEBAOLEZIJINLIYONGLVKEYIWEICHIZAIJIAOGAODESHUIPING,JISHIZHIYOUSHIFENZHIYIDELIUDONGXING,YENENGTIGONGYU Uniswap XIANGDANGDEHUADIAN。

ZAI DeFi DESHIJIEZHONG,LIUDONGXINGJIUXIANGSHIYOUYIYANGZHENGUI,SUOYOURENDOUZAITONGGUOGEZHONGJILIJIHUAZHENGDUO LP DEZICHAN,ERLIUDONGXINGGONGJIJIEJUEFANGANDEYIGEJUEDINGXINGYOUSHIJIUSHITAMENDEZIBENLIYONGLV。ZHIYOUNEIXIEJISHIBUSUODINGDALIANGZICHANYENENGGOUWEIJIAOYIYUANTIGONGYOUJINGZHENGLIDELIUDONGXINGHEDIHUADIANDEMOXING,CAINENGGOUZAILIUDONGXINGWAKUANGDEJILIJIHUAJIESHUHOUQUEBAOZHANGQIDECHENGGONG。

WENTI 2 : EWAIDEFENGXIANCHANGKOU

JUEDADUOSHUSANHUZAILIUDONGXINGGONGJIFANGMIANYUDAODELINGYIGEZHANGAISHI,YOUYU Uniswap DENG AMM YAOQIULIANGZHONGZICHANDEGONGYINGBILIWEICHIZAI 50/50 ,TAMENXUYAOCHENGDANEWAIDEFENGXIAN。ERTAMENWANGWANGBUYUANYICHENGDANZHEIZHONGFENGXIAN。

JUGELIZI,RUGUOYIMINGYONGHUDEQIANBAOLIQIAHAOXIANZHIZHEJIAZHI 100 MEIJINDE LINK DAIBI,ERQIEZHENGKAOLVBATACUNRU Uniswap ,HAOCONGLEIJIJIAOYIFEIZHONGXIAOZHUANYIBI,TA/TAJIUBIXUZAICUNRUJIAZHI 100 MEIJINDELINGYIZHONGZICHAN,BIRU ETH 。ZHEIJIUHUIDAOZHIEWAIDEFENGXIANCHANGKOU,YINWEIZHEIGEYONGHUDEZICHANJIAZHIXIANZAIHAIHUISHOUDAO ETH JIAGEBODONGDEYINGXIANG。

BUGUO,MUQIANYIJINGKAIFACHULE AMM DETIDAIFANGAN,YUNXUYONGHUJINCUNRUYIZHONGZICHAN,ZHEIYANGYILAIJIUZHICUNZAIDANYIDEFENGXIANCHANGKOU。ZHEIKEYITONGGUOJIZHONGFANGSHISHIXIAN。

DeFi 中的下一代自动化做市商将向何处发展?

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QITAJIEJUEZHEIGEWENTIDE AMM TIDAIFANGANBAOKUO CoFiX,NIKEYIZAIZHEILICUNRURENYIJINEDEDANYIZICHAN。RANER,ZHEIZHONGZUOFABENSHENSHIYOUFENGXIANDE,YINWEI LP DEZICHANKENENGHUIYOUYULIUDONGXINGCHIBILIDEBUDUANBIANHUAERBIANZHI,YINCI LP BEIGULICAIQUDUICHONGJIHUA。TONGGUOZAILINGYISHICHANGSHANGJINGXIANGLIUDONGXINGCHIBILIDEBIANHUA,YONGHUJIANGNENGGOUYOUXIAODIDUICHONGTOUCUN,CONGERDIXIAOFUMIANBODONG,SUODINGTONGGUOZUOSHIHUODEDELIRUN。

JINGUANQIJINWEIZHI,TONGGUOYAOQIUYONGHUCUNRULIANGZHONGZICHANLAIPINGHENGLIUDONGXINGCHIDEJIZHIYIJINGDADAOLEYUQIDEXIAOGUO,DANSUIZHEGENGDUODESANHUJINRUGAILINGYU,ZHEIZHONGZUOFAJIANGNANYIJIXUQUDELIXIANGJIEGUO。YINCI,DUIYUDADUOSHULIUDONGXINGGONGJIJIEJUEFANGANLAISHUO,QUEBAODANYIZICHANFENGXIANCHANGKOUJIANGCHENGWEIYIZHONGJIBENDEYAOQIU。

WENTI 3 : WUCHANGSUNSHI

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XIANG Uniswap ZHEIYANGDE AMM JIYU“CHANGSHUHAOYINGCAIPIAOZUOSHISHANG(CPMM)MOXING”,GENJUDENGSHI x*y=k LAIJISUANZICHANJIAGEBINGPINGHENGLIUDONGXINGCHIBILI。ZHEISHIYINWEI Uniswap BENSHENWUFALEJIEYIZHONGZICHANZHENZHENGDEPINGHENGSHICHANGJIAGE,YINCIDANG Uniswap SHANGDEJIAGEHEWAIBUSHICHANGJIAGEBUTONGSHI,TAJIUYAOQIUTAOLIZHEMASHANGRUCHANGYIZHEJIAGOUMAIZICHAN,ZAICIPINGHENGSHIYONGZHONGDELIUDONGXINGCHI。DANDUI LP ERYAN,ZHEIZAIBENZHISHANGYIWEIZHEYOUYU AMM ZISHENWUFALVXINGZHIZE,TAMENXUYAOFUQIANJITAOLIZHELAITUIJINJIAGEFAXIANHEYANZHENGCHENGXU。

DeFi 中的下一代自动化做市商将向何处发展?

BUGUO,ZHEIGEWENTIYOUHAOJIZHONGJIEJUEFANGAN,ZHEIXIEFANGANTONGCHANGDOUCAIYONGLEQUZHONGXINHUAYUYANJI,YIBIANZUIXIAOHUA LP CHENGSHOUDEWUCHANGSUNSHI。

YI CoFiX WEILI,LILUNSHANGBUCUNZAIWUCHANGSUNSHI,YINWEIYIKAISHIJIUWUFATAOLI。XIANGFAN,CoFiX LIYONG Nest XIEYIZUOWEIYUYANJIWEIQIZICHANTIGONGPINGHENGSHICHANGJIAGE,TONGSHIZAISHICHANGBAOJIASHANGZENGJIAQINGWEIYIJIA,CONGERDUIMEIBIJIAOYIZHONGDEKEJISUANFENGXIANDINGJIA,BINGBUCHANG LP SUOCHENGDANDEFENGXIAN。RANER,ZHEIZHONGFANGANZHIYOUZAIJIEHESHANGWENTIDAODEDUICHONGJIHUASHICAINENGBANGZHU LP YOUXIAOSUODINGHUODEDELIRUN。

DODO DE PMM ZECAIYONGLE Chainlink JINXINGQUZHONGXINHUAWEIJIA,TIDAIYONGYUJIAGEFAXIANDE CPMM GONGSHI。RANER,YIJIUCUNZAILIUDONGXINGCHINEIBILIBIANHUADEWENTI,ER LP ZEWUFATICHUYUCUNRUSHULIANGXIANGTONGDEDAIBI。YINCI,ZAIZHEIGEQINGKUANGXIA,DODO TONGGUOTAMENDE PMM GULITAOLIJIAOYI。PMM HUIJIYUSHICHANGJIAGEZUOCHUQINGWEIDEDIAOZHENG,CONGERQUEBAOYOUZUGOUDELIRUNGULITAOLIZHEJINRUBINGZHONGXINPINGHENGLIUDONGXINGCHI。

LINGYIZHONGJIANSHAOWUCHANGSUNSHIDEBEIXUANFANGANLAIZI Bancor ,BENZHISHANGYINRULEBAOXIANLAIQUEBAO LP ZHISHAOKEYI 100% QUHUITAMENDECHUSHIZIBENYIJISUOYOUYINGJIFEIYONG。ZHEISHITONGGUO BNT DEDANXINGGONGYINGSHIXIANDE,TAYUNXUANXUZHUZAOXINDE BNT DAIBI。TONGSHIQIKEXINGXINGYEYAOQIUTONGGUOZUOSHIHUODEDEZHANGQILEIJISHOUYIDAYULIUDONGXINGCHIZAOSHOUDEWUCHANGSUNSHI。GAIJIZHIDEXIANGXINEIRONGCANJIANBENLIANJIE。

XIANGZHEWEILAIGONGTONGQIANJIN

GUANYUSHANGSHUGEZHONGFANGANDEYIGEGUANJIANXINGZONGJIESHI:JINGUANLIUDONGXINGGONGJIYIJINGSHIXIANLEMINZHUHUA,DANZUOSHIBINGBUSHIHESUOYOUREN。

TIANXIAMEIYOUMIANFEIDEWUCAN,ERQIEWANGWANGCUNZAIFUZADEFENGXIAN,YINCIGEREN LP BIXUZIJIJUEDINGSHIFOUYUANYICHENGDANFENGXIAN。SUIZHELIUDONGXINGWAKUANGJIANGLIKAISHIBIANSHAO,WOMENKENENGKANDAODESHI,SANHU LP BUHUIZAIYOUNEIMEDADEDONGLIQUGONGXIANLIUDONGXING,JIERYINGXIANGDAO DEX DELIUDONGXINGHEYEJI。

WEILAIYOUJIZHONGKENENGDEZHANKAIFANGSHI。

DIYIZHONGSHI DEX ZHONGDEZHUANYEZUOSHISHANGZENGDUO,TAMENYUANYIJIANGZIJIDELIUDONGXINGDAIDAO DeFi ,YINWEIXIANRANCUNZAIYINGLIJIHUI。YAOZUODAOZHEIYIDIAN,TAMENXUYAOYOUGENGDUODEZIYOU,WULUNSHIZAIXINGCHENGZIJIDECANSHUHAISHIZAIZIJIDEZIJINCHIFANGMIAN。

DIERZHONGSHIYUNXUYONGHUYIGENGCHUANGXIN、GENGYOUXIAO(DANZUIHAOYEGENGJIANDAN)DEFANGSHIGUANLIQIFENGXIAN。ZHEISHI DeFi DEYIGEHEXINZHUTI,DUI DEX ZIRANYESHIZHIGUANZHONGYAODE。MUBIAOYINGGAISHIWEI LP BAOCHIMUQIANJIAODIDEJINRUMENJIAN,TONGSHITONGGUOBAOXIAN、FENGXIANDAIBIHUADENGFANGFA,SHENZHISHIYIZHENGTAOZHICHIGONGJU,JIANSHAOBUBIYAODEFUZAFENGXIAN。

CONGZHEIGEJIAODULAIKAN,ZUIYOUDEJIEJUEFANGANKENENGSHI DODO MUQIANZHENGZAIYANJIUDEFANGAN,JIZHUANYEZUOSHISHANGYUELAIYUEDUODIRUZHU DEX ,TONGGUOYUNXUTAMENDINGZHIZIJIDELIANSHANGZUOSHICELVE,CONGERJILITAMENJIANGLIUDONGXINGZHUANYIGUOLAI。WEILAI,SANHU LP YEKEYIZUNXUNTONGYANGDECELVE,JINYIBUJIANGDILIUDONGXINGGONGJIDEFUZAXING。

ZHEIYANGDEQINGKUANGXIA,JIAOYIYUANRENGNENGXIANGSHOUDAOYU CEX XIANGTONGDELIUDONGXINGSHENDU,TONGSHIHAINENGXIANGSHOUDAO DEX DEGUYOUYOUSHI,RUZIJINWUTUOGUAN、WUXUXUKEZENGJIADUIXINZICHANDEZHICHIDENG。TONGSHI,ZHIYAOGEREN LP YUANYILIJIEBINGCHENGDANFENGXIAN,TAMENRENGRANKEYIJIXUTIGONGLIUDONGXING,BINGCONGQISUOZAIPINGTAIFENYIBEIGENG,BUGUOLIXIANGDEQINGKUANGSHIHUIYOUCHUANGXINLAIBANGZHUGUANLISHANGSHUFENGXIAN。

DeFi DESHIJIESHIKUANGYEERYOUCHONGMANXIANGXIANGLIDE,SHIYIGEQUANXINDEYOULECHANG。ZAIZHEILI,CHUANGXINBEIFUYULECHONGFENDEKONGJIAN,SHIQIZHUOZHUANGCHENGZHANG,YOUHUOZHEHENHENDIDIEDAOSHIBAI。MUQIANWOMENSUOKANDAODE DEX HE AMM DEZENGZHANGSHIQIZHONGDEYIBUFEN,HAOWUYIWEN,TAJIANGJIXUZAITUIDONGZHE DeFi DEJINRONGHUOQUHEFUWUMINZHUHUASHIMINGZHONGFAHUIGUANJIANZUOYONG。DANHAIYOUGENGDUOKENENGXINGKEYIQIDAI。

ZHUNBEIHAOCHUFABA,LVCHENGCAIGANGGANGKAISHI。

,YONGSHUJUDUDONGQUKUAILIAN。

免责声明

发文时比特币价格:$16778

当前比特币价格: $18,476.11

当前比特币涨幅: 3.40%

免责声明:

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