{"id":4322,"date":"2026-06-18T09:36:29","date_gmt":"2026-06-18T01:36:29","guid":{"rendered":"http:\/\/www.jineng168.com\/?p=4322"},"modified":"2026-06-18T09:36:29","modified_gmt":"2026-06-18T01:36:29","slug":"%e9%9a%be%e4%bb%a5%e7%bd%ae%e4%bf%a1%ef%bc%8c%e8%80%81%e7%89%8c-defi-%e5%8d%8f%e8%ae%ae-makerdao-%e4%b8%80%e5%ad%a3%e5%ba%a6%e4%ba%8f%e6%8d%9f-500-%e4%b8%87%e7%be%8e%e5%85%83","status":"publish","type":"post","link":"http:\/\/www.jineng168.com\/?p=4322","title":{"rendered":"\u96be\u4ee5\u7f6e\u4fe1\uff0c\u8001\u724c DeFi \u534f\u8bae MakerDAO \u4e00\u5b63\u5ea6\u4e8f\u635f 500 \u4e07\u7f8e\u5143"},"content":{"rendered":"

\u96be\u4ee5\u7f6e\u4fe1\uff0c\u8001\u724c DeFi \u534f\u8bae MakerDAO \u4e00\u5b63\u5ea6\u4e8f\u635f 500 \u4e07\u7f8e\u5143<\/h1>\n
\n

\u4f5c\u8005\uff1aTim Craig & Sheldon Reback\uff0cCoinDesk \u4f5c\u8005<\/em><\/span><\/p>\n

\u7f16\u8bd1\uff1a\u5f8b\u52a8\u5c0f deep<\/em><\/span><\/p>\n

\u00a0<\/p>\n

\u7f16\u8005\u6309\uff1aDeFi \u50a8\u84c4\u534f\u8bae Sky\uff08\u539f MakerDAO\uff09 \u5728 2025 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u4e8f\u635f 500 \u4e07\u7f8e\u5143\uff0c\u4e0e\u4e0a\u4e00\u5b63\u5ea6 3100 \u4e07\u7f8e\u5143\u76c8\u5229\u5f62\u6210\u9c9c\u660e\u5bf9\u6bd4\u3002\u4e8f\u635f\u4e3b\u8981\u56e0\u6fc0\u52b1\u4f7f\u7528\u65b0\u7a33\u5b9a\u5e01 USDS \u800c\u975e DAI\uff0c\u5bfc\u81f4\u5229\u606f\u652f\u4ed8\u6fc0\u589e 102%\u3002\u5c3d\u7ba1 USDS \u65e8\u5728\u5438\u5f15\u8d44\u6df1\u6295\u8d44\u8005\uff0c\u4f46\u5176\u7528\u6237\u57fa\u7840\u589e\u957f\u4e0d\u660e\uff0c\u534f\u8bae\u76c8\u5229\u53d7\u9ad8\u5229\u7387\u62d6\u7d2f\u3002<\/p>\n

\u4ee5\u4e0b\u4e3a\u539f\u6587\u5185\u5bb9\uff08\u4e3a\u4fbf\u4e8e\u9605\u8bfb\u7406\u89e3\uff0c\u539f\u5185\u5bb9\u6709\u6240\u6574\u7f16\uff09\uff1a<\/p>\n

TL;DR<\/h3>\n
    \n
  • DeFi \u50a8\u84c4\u534f\u8bae Sky\uff08\u539f MakerDAO\uff09 \u7b2c\u4e00\u5b63\u5ea6\u4e8f\u635f 500 \u4e07\u7f8e\u5143\uff0c\u8f83\u4e0a\u4e00\u5b63\u5ea6 3100 \u4e07\u7f8e\u5143\u7684\u76c8\u5229\u5927\u5e45\u4e0b\u6ed1\u3002<\/li>\n
  • \u4e3a\u6fc0\u52b1\u7528\u6237\u4f7f\u7528\u65b0\u7a33\u5b9a\u5e01 USDS \u800c\u975e DAI\uff0c\u8be5\u534f\u8bae\u5bf9\u50a8\u6237\u7684\u5229\u606f\u652f\u4ed8\u589e\u52a0\u4e86 102%\u3002<\/li>\n
  • \u5c3d\u7ba1\u63a8\u51fa\u4e86 USDS \u4ee5\u5438\u5f15 sophisticated \u6295\u8d44\u8005\uff0c\u4f46\u5c1a\u4e0d\u6e05\u695a\u662f\u5426\u663e\u8457\u6269\u5927\u4e86 Sky \u7684\u7528\u6237\u57fa\u7840\u3002<\/li>\n<\/ul>\n

    <\/p>\n

    Sky \u8054\u5408\u521b\u59cb\u4eba Rune Christensen\uff08\u539f\u56fe\u7531 Trevor Jones \u63d0\u4f9b\uff09<\/pre>\n
    \u636e Sky \u8d21\u732e\u8005 Steakhouse Financial \u7684\u62a5\u544a\uff0cDeFi \u50a8\u84c4\u534f\u8bae Sky \u5728\u7b2c\u4e00\u5b63\u5ea6\u4e8f\u635f 500 \u4e07\u7f8e\u5143\uff0c\u539f\u56e0\u662f\u5411\u4ee3\u5e01\u6301\u6709\u8005\u7684\u5229\u606f\u652f\u4ed8\u7ffb\u500d\u6709\u4f59\u3002<\/p>\n
    \u8fd9\u4e00\u4e8f\u635f\u4e0e\u4e0a\u4e00\u5b63\u5ea6\u5f62\u6210\u9c9c\u660e\u5bf9\u6bd4\uff0c\u5f53\u65f6 Sky \u5f55\u5f97 3100 \u4e07\u7f8e\u5143\u7684\u76c8\u5229\u3002\u5229\u606f\u652f\u4ed8\u589e\u52a0 102% \u7684\u539f\u56e0\u662f\u534f\u8bae\u51b3\u5b9a\u6fc0\u52b1\u7528\u6237\u4f7f\u7528\u8f83\u65b0\u7684 Sky \u7f8e\u5143\u7a33\u5b9a\u5e01\uff08USDS\uff09\u800c\u975e\u73b0\u6709 DAI\u3002<\/p>\n
    \u300cSky \u50a8\u84c4\u5229\u7387\u4fdd\u6301\u5728 12.5%\uff0c\u76f8\u5bf9\u4e8e\u5e02\u573a\u5176\u4ed6\u90e8\u5206\u975e\u5e38\u9ad8\uff0c\u5438\u5f15\u4e86\u5927\u91cf\u8d44\u91d1\u6d41\u5165\uff0c\u300dSky \u8054\u5408\u521b\u59cb\u4eba Rune Christensen \u901a\u8fc7 Telegram \u5bf9 CoinDesk \u8868\u793a\u3002\u5f53 Sky \u5728 2 \u6708\u5c06\u5229\u7387\u964d\u4f4e\u81f3 4.5% \u65f6\uff0c\u8bb8\u591a\u6295\u8d44\u8005\u4ecd\u9009\u62e9\u7559\u4e0b\uff0c\u4ed6\u8bf4\u3002<\/p>\n
    \u8fd9\u79cd\u60c5\u51b5\u5bf9\u8be5\u534f\u8bae\u6765\u8bf4\u662f\u4e00\u628a\u53cc\u5203\u5251\uff0c\u8be5\u534f\u8bae\u662f 2017 \u5e74\u5728\u4ee5\u592a\u574a\u4e0a\u6d8c\u73b0\u7684\u9996\u6279\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\u5e94\u7528\u4e4b\u4e00\u3002<\/p>\n
    Sky \u7684\u8fd0\u4f5c\u7c7b\u4f3c\u4e8e\u4f20\u7edf\u94f6\u884c\u3002\u5b83\u9700\u8981\u4ee5\u9ad8\u4e8e\u652f\u4ed8\u7ed9\u50a8\u6237\u7684\u5229\u7387\u5411\u4ed6\u4eba\u653e\u8d37\u3002<\/p>\n
    \u7136\u800c\uff0c\u5728\u6ca1\u6709\u76f8\u5e94\u589e\u52a0 USDS \u9700\u6c42\u7684\u60c5\u51b5\u4e0b\u63d0\u4f9b\u66f4\u9ad8\u7684\u5229\u7387\u6b63\u5728\u635f\u5bb3\u534f\u8bae\u7684\u76c8\u5229\u80fd\u529b\uff0c\u533a\u5757\u94fe\u7814\u7a76\u4e0e\u5f00\u53d1\u516c\u53f8 GFX Labs \u7684\u6cbb\u7406\u8054\u7edc\u4eba PaperImperium \u901a\u8fc7 Telegram \u5bf9 CoinDesk \u8868\u793a\u3002<\/p>\n
    \u300cUSDS \u5bf9\u6536\u76ca\u6784\u6210\u91cd\u5927\u62d6\u7d2f\uff0c\u300d\u4ed6\u8bf4\u3002\u300cDAI \u8d5a\u94b1\uff0cUSDS \u5219\u4e0d\u7136\u3002\u300d<\/p>\n
    \u63a8\u52a8 USDS \u662f Sky \u6240\u8c13\u300c\u7ec8\u5c40\u8ba1\u5212\u300d\u7684\u4e00\u90e8\u5206\uff0c\u8be5\u8ba1\u5212\u7531 Christensen \u9886\u5bfc\uff0c\u65e8\u5728\u5c06\u534f\u8bae\u8f6c\u53d8\u4e3a\u66f4\u53bb\u4e2d\u5fc3\u5316\u548c\u97e7\u6027\u7684\u7cfb\u7edf\u3002<\/p>\n
    \u6ca1\u6709\u65b0\u9700\u6c42\uff1f<\/h3>\n
    \u5f53 Sky \u4ece MakerDAO \u66f4\u540d\u5e76\u5728 8 \u6708\u63a8\u51fa USDS \u4f5c\u4e3a\u7ec8\u5c40\u8ba1\u5212\u7684\u4e00\u90e8\u5206\u65f6\uff0c\u8ba1\u5212\u662f\u65b0\u7a33\u5b9a\u5e01\u5c06\u5438\u5f15\u4e0e DAI \u4e0d\u540c\u7684\u7528\u6237\u7fa4\u4f53\u3002<\/p>\n
    USDS \u8bbe\u8ba1\u4e0a\u66f4\u7b26\u5408\u6cd5\u89c4\u548c\u8d22\u52a1\u62a5\u544a\u8981\u6c42\uff0c\u76ee\u6807\u662f\u5438\u5f15\u5bf9\u51b2\u57fa\u91d1\u3001\u5bb6\u65cf\u529e\u516c\u5ba4\u548c\u5176\u4ed6\u5e0c\u671b\u6d89\u8db3\u53bb\u4e2d\u5fc3\u5316\u91d1\u878d\u7684 sophisticated \u673a\u6784\u6295\u8d44\u8005\u3002<\/p>\n
    \u4f46\u5c1a\u4e0d\u6e05\u695a USDS \u662f\u5426\u5438\u5f15\u4e86\u5927\u91cf\u65b0\u7528\u6237\u3002<\/p>\n
    \u6295\u8d44\u8005\u5728 USDS \u548c DAI \u4e0a\u53ef\u83b7\u5f97\u7684\u56de\u62a5\u4e0d\u540c\uff1aUSDS \u652f\u4ed8 4.5% \u7684\u6536\u76ca\u7387\uff0c\u800c DAI \u4e3a 2.75%\u3002<\/p>\n
    \u8bb8\u591a\u6295\u8d44\u8005\u5c06 DAI \u6362\u6210\u4e86 USDS\uff0c\u8fd9\u610f\u5473\u7740 Sky \u9700\u8981\u5411\u90a3\u4e9b\u4e4b\u524d\u6ee1\u8db3\u4e8e\u8f83\u4f4e\u6536\u76ca\u7387\u751a\u81f3\u65e0\u6536\u76ca\u7387\u7684\u7528\u6237\u652f\u4ed8\u66f4\u591a\uff0cPaperImperium \u8868\u793a\u3002<\/p>\n
    \u62a5\u544a\u79f0\uff0c\u81ea\u672c\u5b63\u5ea6\u521d\u4ee5\u6765\uff0cUSDS \u548c DAI \u7684\u603b\u91cf\u589e\u52a0\u4e86 57%\u3002\u4f46\u8fd9\u4e00\u589e\u957f\u7684\u5f88\u5927\u4e00\u90e8\u5206\u6765\u81ea\u5408\u6210\u7f8e\u5143\u534f\u8bae Ethena<\/strong>\uff0c\u8be5\u534f\u8bae\u5411\u8d28\u62bc\u7684 USDS \u6295\u5165\u4e86\u8d85\u8fc7 4.5 \u4ebf\u7f8e\u5143\uff0c\u5e76\u5c06\u6536\u76ca\u4f20\u9012\u7ed9\u8d28\u62bc\u5176\u81ea\u8eab\u7a33\u5b9a\u5e01 USDe \u7684\u7528\u6237\u3002<\/p>\n
    \u5728\u8fc7\u53bb\u4e00\u5468\uff0cEthena \u5c06\u5176\u90e8\u5206\u50a8\u5907\u4ece USDS \u8f6c\u5411 USDtb\u2014\u2014\u4e00\u79cd\u7531 BlackRock \u7684\u7f8e\u5143\u673a\u6784\u6570\u5b57\u6d41\u52a8\u6027\u57fa\u91d1\uff08BUIDL\uff09\u652f\u6301\u7684\u7a33\u5b9a\u5e01\u3002<\/p>\n
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    \u96be\u4ee5\u7f6e\u4fe1\uff0c\u8001\u724c DeFi \u534f\u8bae MakerDAO \u4e00\u5b63\u5ea6\u4e8f\u635f 500 \u4e07\u7f8e\u5143 \u4f5c\u8005\uff1aTim Craig &am […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4322","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts\/4322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4322"}],"version-history":[{"count":1,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts\/4322\/revisions"}],"predecessor-version":[{"id":6281,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=\/wp\/v2\/posts\/4322\/revisions\/6281"}],"wp:attachment":[{"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4322"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.jineng168.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}