Iyo Crypto Market yakazununguswa nemhirizhonga mumavhiki mashoma apfuura.
Kwete, handisi kutaura nezve kuparara kwemitengo mubhodhi rose. Pane kudaro, ndiri kureva nyaya dzakamera muchikamu chimwe cheCrypto space - DeFi.
Imwe neimwe, maprotocol ari kutadza uye ari kuenda pasi. Vamwe vakarega kubvisa mari. Vamwe vatadza kusangana nema margin calls. Nepo vamwe vakamisa iwo maficha aive USP yavo.
Rondedzero yacho yakareba, asi ngatitarisei pane zvimwe zvikuru zviitiko zvine chekuita neCelsius, 3AC & Solend.
Ichi chinyorwa ndechechero munhu anofarira kunzwisisa zvirinani njodzi uye mubairo chimiro che Crystal misika. Zvakare, zvinokupa iwe kunzwisisa kwakadzama kweyakarongeka njodzi uye kuti Crypto haisati yavharwa kubva kune yedu TradFi nyika.
1. Define Systematic Risk?
Njodzi yakarongeka injodzi isingagone kudzikiswa nekubata dhizaini rakasiyana-siyana. Mupfungwa yayo yakapfava, ndiyo njodzi inobuda muhurongwa hwatinoshanda mairi.
Nokudaro, inogona kutorwa chete.
Funga nezvemhindu, kushomeka kwemari, uye fungidziro dzekukura kweupfumi.
Hapana femu, chikamu, kana musika unogona kuregererwa kana mareti emubereko akawedzera, iyo fiscal policy inova inopindirana uye kukura kwehupfumi kuchidzikira. Pakazara bhizinesi manzwiro uye kuita zvichatambura.
Izvi zvinozoonekwawo mumitengo yemusika we mumatanda uye zvimwe zvinhu.
2. Sei Systematic Risk Impact Crypto?
Zvisinei nemakakatanwa anokonzeresa akaiswa mberi neBitcoin Maxis, mamiriro ekutamba aripo nhasi ndeekuti misika yeCrypto inokanganiswa zvakanyanya nehutano hwehupfumi.
Nekukwira kwemitengo kuri kunetseka, masheya atora kurohwa, uye zvibereko zvebhondi zvakawedzera, zvichiratidza kuwedzera kwekudzoka kunodiwa pamari pane inflation-yakagadziriswa.
Nekusimba kwemari kuri kuitika, vaongorori vanotarisira kuti iyo bearish maitiro mumisika iyi ienderere mberi.
Paunotarisa Crypto, mamiriro akafanana anoramba aripo. Kukwira kwemutengo wemari, uko kuri kuramba kuchishomeka nekuda kwekukwira kwemitengo, kwakanganisa misika.
Aenda mazuva emari yemahara kubva kumacheki ekusimudzira ari kuiswa mukati $ Doge kana kutsvaira kadhi rako paCEX kuti uite mutambo $BTC ramangwana.
Avhareji munhu ane hanya nezvekuchengetedzwa kwebasa uye somugumisiro, kugara kure nemisika. Nekuda kweizvozvo, liquidity iri kupera.
3. The Trigger Event
Kunyangwe isu tingadai tasvika pano tichiri kana mune iyi yakaipa chimiro mubvunzo wakavhurika, asi chii chakanyanya kunyudza misika yeCrypto pamusoro pemisoro yavo yaive UST depeg.
Izvi ndizvo zvinoratidzwa sechiitiko chinokonzeresa - chimwe chinhu chisingatarisirwi uye chisingaenzaniswi nyore. Mari inodarika madhora bhiriyoni makumi mana yakarasika nekuda kwekuedza kweUST / Luna sezvo mutengo we$BTC wakadzikira kubva pamadhora makumi mana kusvika pazasi makumi matatu ezviuru.
Iko zvino yakwira zvishoma kubva pasi payo $17,700. Hapana akaona izvi zvichiuya, uye kana mumwe munhu achinzwa kuti zvakaipisisa zviri shure kwedu, nhau dzinobuda muDeFi sector yakakwana kuratidza kuti hadzina kururama.
4. Mhirizhonga Inoputika
4.1. Iyo Celsius Debacle
Pakutanga mwedzi uno, Celsius Network, imwe-in-one app yekutengesa, kukwereta, kukweretesa & stake cryptocurrency yakazivisa kuti yakanga ichimbomira kubvisa mari nekuda kwekudzikira kwakanyanya kwemamiriro emari.
Izvi zvakakonzera kuti pave nekuwanda kwemhosva dzekubiridzira vatengesi vavo (inosvika US$ 3 Billion). Zvatinoziva iye zvino ndezvekuti kunze kwekupomerwa, pane zvikonzero zviviri zvekukundikana:
Over leveraged positions
Iyo protocol yakakweretwa kubva kune liquidity protocol uchishandisa mari yevatengi kuchengetedza mari yekukwereta yakaderera kune vamwe vatengi. Kuchinjana kwakajairika kungava $WBTC (iyo shanduro ye $BTC paEthereum blockchain) ye $DAI.
Hapana chakaipa pane izvi kunze kwekuti iyo protocol yaiita senge isina kutevedzera asset-liability modeling kana accounted for volatility. Nemusika wakazara mukudzoreredzwa kwakasimba, kukosha kwechibatiso chakatsidzirwa kutora chikwereti chemadhora eDAI chakadzikira uye nekumanikidzirwa kufona kwemuganho.
Neprotocol kubva mukuyerera kutsva kwemari yakapihwa yakashata yakarongeka uye mamiriro emusika uye vasingakwanise kudaidza zvakanaka pazvikwereti zvakaitwa kune vanokwereta (avo vasina musoro pamusoro pemvura ivo pachavo kana isati yatobviswa), vaive vasina imwe sarudzo kunze kwekumisa kubvisa uye. kuongorora bankruptcy.
Kuratidzira kune stETH
stETH chigadzirwa cha LIDO Staking izvo zvinokutendera iwe kuti uwane mibairo yakakura pane yako $ETH kubata pasina inodiwa staking masisitimu.
Chakanyanya chigadzirwa chakabva uye chinobvumira vanoisa mari kuti vawane 8% goho pane iri staking pool kana zvichienzaniswa ne4.2% staking return iyo munhu aiwanzowana kuburikidza nestaking $ETH.
Izvi zvinotsigirwa naLido Staking uchishandisa $ETH madipoziti (zvinopesana neiyo stETH inopihwa) mune mamwe masevhisi ekupa mari pamisika yeOTC neDEX.
Nyaradzo yaiva yokuti stETH imwe neimwe yaizodzikinurwa pachiyero che1: 1 apo Ethereum 2.0 yaizotangwa (stETH inogona kuchinjwa mumisika yeDEX munguva ino) uye saka Celsius yakatengesa izvi zvakanyanya kune vatengi vayo.
Nekudaro, tichipihwa yakashata mamiriro emusika uye kumhanyisa kuenda kwakachengeteka, mbambo pa DEXs akaputsika & liquidity akaomeswa zvichiita kuti Celsius, uye vatengi vayo, akabata chinhu chaiva shoma pane kukosha kwayo uye kwete kutengeswa - kanenge kwete pakarepo.
4.2. Vamwe Kunetseka pa3AC
3AK, pfupi yeTatu Arrows Capital, i crypto hedge fund inobva kunze kweSingapore. Sezvinei nechero hedge fund chimiro, Kambani yaive nemainvestimari uye yakaisa huwandu hwakakura hwekuwedzera kuti iwane kudzoka kwakawanda.
Zvinhu zvaive hunky-dory kusvika UST / Luna yadonha.
Zvichienderana nekuti ndiani waunoverenga, Kambani yakatambura ne $200mn kusvika $450mn kurasikirwa kubva pachinzvimbo chimwe chete ichi. Messari.io kune rumwe rutivi inofungidzira kuti i $560mn (pamusoro pe 60% drawdown mune 27 zvimwe zvinhu).
Zvaiita sekuti Kambani yakapona pachiitiko chekusimudza, asi yakasiiwa yapera simba zvisingaite.
Kuenderera mberi kwekudzikira kudzoreredzwa kwemusika wese kwakakonzera kuti zvinzvimbo zvawo zvakasimudzwa zvibviswe. Parizvino, vari kuyedza kutengesa zvese kuti vavhare zvinzvimbo zvavo (kusanganisira kutengesa muunganidzwa wavo weNFT).
4.3. The Solend Upend
Sond iprotocol yekurima yegoho paSolana blockchain iyo inobvumira vashandisi kuisa, kukweretesa uye kukwereta cryptocurrency. Iyo protocol yave munhau kubva zvabuda kuti a Solana whale ine $21mn SOL chinzvimbo pasi pekutyisidzirwa kwekubviswa.
Chavanetsa ndechekuti whale yakataurwa ndiyo yaive yakawanda yeprotocol's $SOL yakabata.
Izvi zvakakosha nekuti, nemutengo wekunyura nekubata nzvimbo yekumisikidza, chinonetsa ndechekuti vanokweretesa vaizomhanyisa kubvisa iyo $SOL chinzvimbo, zvichigona kudonhedza Solend ye95% yemadhora ayo eSOL deposits & pamwe zvichikonzera kuparara kwese Solana blockchain. .
Njodzi iyi yakadziviswa sezvo whale isingazivikanwe yakazopindura veruzhinji kuti vabatsirwe paTwitter neprotocol. Akabva aenderera mberi nekugadzirisa nzvimbo yake kune mamwe misika yakasiyana-siyana.
Nekudaro, zvaive zvinosetsa kuona Solend, mumaawa vasati vasangana ne whale, ichifamba ichikurudzira kutorwa kweakaunti - chimwe chinhu chinopesana neiyo ethos yeDeFi!
5. Zvidzidzo muRisk Management
Crypto imusika wepamusoro, asi chokwadi ndechokuti misika yose ine ngozi yavo uye inodzorera kutengeserana.
Chii chakasarudzika cheCrypto & DeFi ndechekuti ichiri basa ririkuenderera mberi uye pasina mutemo, pane mukana wese wekuti vagadziri vanomhanyisa chigadzirwa chavo kumusika uye kuita zvikanganiso zvinodhura.
Uku hakusi kuvabvisira mutoro, asi kuita kuti uzvidavirire. Kuchengetedza mari yako ibasa rako. Zvidzidzo, sevatengesi vezvitoro, izvo zvaunofanirwa kutora kubva pane izvi zviitiko ndezvi:
- Tsvaga zvako wega
- Dzivisa kushandisa simba
- Kana chimwe chinhu chakanyanya kunaka kuti ive chokwadi, kazhinji ndizvo
- Rairira kurima zvine hunyengeri, saka usazengure nazvo kunze kwekunge uine hunyanzvi
- Kukiya staking zvinoreva kukiyiwa staking - hapana nzira yauri kubuda mairi nekukurumidza
Rombo rakanaka & Gara Wakachengeteka!
Leave a Reply