Uhlaka Nokuphathwa Kwezimali: Ingabe Ukungavumelani Kungaphila Ngaphansi Kokuqapha Kwezinhlaka?
Ingxoxo iyaphindaphindwa kuyo yonke i-crypto Twitter Space, yonke i-Discord channel, nakuyo yonke ibhodi yeziqu zezimboni ezicabanga phambili. Kuyingcindezi endala njengendawo ye-cryptocurrency uqobo, kodwa ifinyelela ezingeni eliphezulu. Omunye uhlangothi, umqondo ophawulekayo, ongaphandle kwemingcele, futhi ngokuvamile ungowokuphikisana kokungaguquguquki. Okwesibili, umhlaba osezingeni, ophathelene nemithetho ye
ukuphathwa kukahulumeni, okuhloswe ukuvikela nokuzinza.Lokhu kuyisimo esiyinhloko sezezimali zanamuhla: Ukuphathwa vs. DeFi.
Kwabasebenzisi bezinkundla ezihamba phambili ezifana no Exbix, okuyindawo yokushintshisana ngezimali zedijithali ehamba phambili, lokhu akukhona nje okwenziwa ngocwaningo. Kuyinkinga ebalulekile ethinta amasu okuthengiselana, ukuphepha kwezimpahla, kanye nefilosofi eyisisekelo ye okuthi ukuphatha ingcebo emakhulwini amabili. Ingabe lezi zibalo ezimbili ezibonakala ziphikisana zingakwazi ukuhlala zikhona? Noma ingabe ukungqubuzana akuphunyukile, okungase kuphoqe ukwehlukaniswa ukuba kunciphise umoya wakhona?
Le ngxenye ejulile ihlola umdanso ophambili phakathi kwabaphathi bezomthetho kanye nesistimu yezezimali ezihlukene. Sizokhuluma ngalesi “sikhathi” esingemuva kokuphushwa kwemithetho, okukhona ngempela izinkinga ezibhekene nazo, futhi sithathe umqondo wezikhathi ezizayo lapho kokubili ukulawulwa nokwakhiwa okusha kungaphili kuphela kodwa kuphumelele.
Ingxenye 1: Ukuthakazelisa Kwe-Anarchy – Ukuqonda Isithembiso Esiyinhloko se-DeFi
Ngaphambi kokuthi siqonde ukungqubuzana, kumele sithokozise lokho i-DeFi eyayihlose ukukufeza. Iphuma ezicini zehluleka kwezezimali ka-2008, Bitcoin, kanye kamuva i-Ethereum kanye nezinkontileka ezihlakaniphile, zinikeze enye indlela ehlukile: uhlelo lwezezimali olungabandakanyi abaphakathi.
1.1 Izisekelo Zethembiso ye-DeFi:
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Ukungabikho Kwezivumelwano: Noma ubani, noma kuphi, onoxhumo lwe-inthanethi angafinyelela ezinhlelweni ze-DeFi. Azikho abapheki, akukho ukuvunywa kwamakhasimende, futhi akukho muntu ozokwenqabela insiza yakho ngokuya ngendawo yakho, ingcebo, noma isimo. Lokhu kuyashintsha kakhulu uma kuqhathaniswa nezimali zendabuko (TradFi).
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Ukucaca: Iningi lezi zinhlelo ze-DeFi zakhiwe ngophawu oluvulekile futhi zisebenza kumabhulokhi ajwayelekile. Yonke idili, yonke ukuxhumana kwe-smart contract, ku- bonakala kubo bonke ukuze bahlolisise. Le mbono yokuvula ibhekisela ekushintsheni ukwethembana ezikhungweni ngekwethemba kumakhodi aqinisekisiwe, anemibhalo.
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Ukuvikelwa Ekucindezelweni: Uma ukuthengiselana kuqinisekisiwe ku-blockchain, kulula kakhulu ukuthi noma iyiphi inhlangano eyodwa ikwazi ukukhipha noma ukuhoxisa. Lokhu kuvikela abasebenzisi ekubambeni izimpahla noma ukuthathwa ngabezikhulu, kungcono noma kubi.
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Ukugcina Ngokwakho: Ezweni elihle le-DeFi, ubamba okhiye bakho bomuntu siqu. “Uma kungawakho okhiye, akukhona okwakho i-crypto.” Lokhu kunika abantu amandla okuba yibhange labo, kunciphisa ubungozi bokuhlanganyela obuhambisana nabagibeli abaphakathi (nakuba kulethe nezinye izingozi).
Le mbono lo mkhulu. Uthembisa ukufakwa kwezimali kwabangenayo, unciphisa izindleko ngokususa abaphakathi, futhi udala uhlelo lwezokuxhumana oluvulekile, olwakhiwa “ama-lego emali” lapho ama-protocol engaxhumana kalula. Yena mbono ophakamisa yonke imvelo futhi çekela izigidi zabasebenzisi nezigidigidi zezimali.
Kwabatshali ukubandakanya ngempela nalolu hlelo ezinkundleni ezixhumanisa izwe eliphakeme neliphansi, njengezisebenzisa i-BNB/USDT trading pair ku-Exbix, ukuheha kuyacaca: ukufinyelela emakethe ephilayo, eyinoveli, futhi engase ibe nemali eningi.
Ingxenye 2: Ukuphikiswa Okungagwenywa – Kungani Ohulumeni Are Stepping In
Kubabhalayo, i-DeFi engalawuleki ibonakala ingekho emthethweni; ibonakala njengengozi yesistimu kanye nendawo engalawulwa. Ukuhlupheka kwabo akukhona okungenamsebenzi.
2.1 Izimpawu Ezibhalwe Ngemibandela:
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Umthengi Ukukhuselwa: Isikhala se-DeFi sigcwele ama-scam, ama-rug pulls, kanye nokukhwabanisa okwenziwe ngamakhowudi. Ngonyaka we-2022 kuphela, ngaphezu kwe-$3.8 billion thefts zatholwa kumaprotokholi e-DeFi ngenxa yokuhlaselwa nokukhwabaniswa. Umsebenzisi ojwayelekile awanalo ulwazi lwezobuchwepheshe lokuhlola ama-smart contracts, okwenza bahlaseleke. Abaphathiswa babona isidingo esicacile samazinga wokuvikela abatshalizimali.
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Imali Engavumelekile: Ubunjalo obungavumelekile be-DeFi buhamba phambili ekwenzeni imali, ukuxhasa ubugebengu, kanye nokugwema izijeziso. Nakuba izinkampani zokuhlaziya i-blockchain ezifana ne-Chainalysis zithi ukuvuleka kwe-blockchain kwenza kube kancane kuhle kakhulu ukuze kwenziwe ubugebengu uma kuqhathaniswa nemali, abaphathi baphinde bakhathazeke kakhulu ngokulula kokuhambisa izinkulungwane ezinkulu ngokuqhubekayo ngama-mixers kanye nezinsiza zokuhamba phakathi kwezinkundla.
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Ukuzinza Kwezezimali: Njengoba i-DeFi ikhula futhi iba neqhaza elikhulu kwi-TradFi (isb., nge-stablecoins), ukuwa kwayo kungabeka engozini umnotho jikelele. Ukuwa kwezinhlelo ezibizayo eziningi njenge-TerraLUNA kukhombisa ukuthi ukuhlaselwa kungenzeka kanjani ngokushesha. spread, ukuhamba phambili impilo yokonga futhi kudala ukuphazamiseka emakethe yonke.
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Ukuhambisana Ngezintela: Ubunzima, ubudlelwano obuphakathi kwezinhlelo bokulima inzalo, ukugcinwa, nokushintshana kwenza ukuhlinzeka ngemicimbi yezintela kube yinkinga. Ohulumeni bayazi kahle ukuthi baphuthelwa yinzuzo enkulu yezintela futhi baphusha ukuze kube nezidingo ezicacile zokubika ezivela kumashalofu. nezimiso.
Umyalezo ovela kubaphathi emhlabeni jikelele uyahambisana: “Ukwenza izinto ezintsha kuyamukelwa, kodwa hhayi ngentengo yomthetho.” Isikhathi sokungazikhathazi sekuphelile. I-DeFi isibe enkulu kakhulu ukuze inganakwa.
Ingxenye 3: Uhambo Olungaqondakali – Izinkinga Zangempela Zokulawula I-DeFi
Nansi lapho indaba iba nzima. Ukuqondisa ibhange elijwayelekile kulula: uthola i-CEO, ibhodi, kanye nekhaya elisemthethweni. Ukuqondisa iphrothokholi eyaziwa kahle yokungaqondakali njengokuzama ukubamba umoya.
3.1 Izinselelo Eziyinhloko:
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Ubani Umbuzo: Ubani owenziwayo? Ngabe ngababhalisi abaziwayo ababhale ikhodi yokuqala? I-organizational autonomous decentralized (DAO) yabanikazi bamathokheni abavota ngezinguquko? Abahlinzeki bezimali abangase bahlakazeke ezweni elingu-100? Abasebenzi benodes? Akukho parti ephakathi ukuze uthumele isinqumo sokuhlawulela noma ubabophe. class="ds-markdown-paragraph">Umbuzo Wokuthi: Uphatha kanjani imithetho kwi-code? I-smart contract ayikhathaleli umyalo wokumisa ophuma ku-SEC. Izokwenza umsebenzi wayo njengoba kubhalwe, ngaphandle kokushintsha, kuze kube iphela igesi noma ithathelwe indawo nguhlobo olusha. Izinyathelo zokuphatha ezithathwa ngokumelene ne-protocol ngokuvamile azinayo imiphumela; zingagxila kuphela empeleni izindawo interfaces (front-ends) ezihlinzeka ukufinyelela kuyo noma ezindlela zokungena nezokuphuma.
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Umbuzo Wokuthi Kuphi: I-DeFi iyakhelwe ukuba ibe yendawo yonke. Umsebenzisi eSifundazweni A uxhumana nephrothokholi ethuthukiswe ngabantu abangaziwa, esebenzisa imali yokuhlinzeka evela kubasebenzisi eSifundazweni B kuya ku-Z, konke kuhamba ku-blockchain engekho physical. ikhaya. Yimiphi imithetho yezwe ethinta? Lokhu kudala inethiwekhi eyinkimbinkimbi yokungqubuzana kwemithetho.
Lokhu akusho ukuthi abaphathi bangenamandla. Isu labo liyashintsha ukusuka ekugxileni kwi-protocol uqobo ukuya ekugxileni ezindaweni zokuhlanganisa ezizokwakheka ngempela: abathuthukisi, abahlinzeki bokusingatha befront-end (njenge-AWS), kanye nabaningi ngokuhlola, i on-ramps and off-ramps—izimakethe eziphakathi (CEXs).
Lapha, i-exchange ephethwe kahle, efanelekile njenge Exbix iba umgibeli obalulekile. Ngokuphumeza izinqubo zeKnow Your Customer (KYC) kanye ne-Anti-Money Laundering (AML) lapho imali ye-fiat iguqulwa ibe yi-crypto, izimakethe zisebenza njenge
udinga yokulawula ebalulekile, ehlinzeka ngendawo etholakale kalula phakathi kwemikhakha yendabuko nezokwakha ezizimele.Ingxenye 4: I-Spectrum Yezixazululo – Kusuka Ekuphathweni Okubukhali Kuya Ekuphathweni Okusebenzisanayo
Ikusasa lokulawulwa kwe-DeFi alikapheli; liyispectrum ye imiphumela engaba khona, ngayinye inezinhl consequences.
4.1 Indlela Ephusile (Isimo Esikhanjiswe):
Amanye amazwe, njengeChina, akhethe ukugxila ekwenqabeleni ukuthengiselana kwezezimali ze-cryptocurrency kanye nokumba ngokuphelele. Le ndlela ivimbela ukusungulwa, iphushisa imisebenzi ngokuphelele ngaphansi komhlaba emakethe ye-peer-to-peer, futhi ibangela ukuhamba kwabantu abanolwazi baye ezindaweni ezikahle kakhulu.
izifunda. Kubhekwa kakhulu njengomshini ophukile futhi ongekho emthethweni.
4.2 Indlela Yokuhlola Imigomo:
Izifunda ezithuthukile njenge-UK, iSingapore, kanye nezingxenye ze-EU zihlola “izihlahla zokuhlola imigomo.” Lezi yizindawo ezilawulwayo lapho amaphrojekthi e-DeFi angathuthukisa futhi ahlole imikhiqizo yawo ngaphansi kokubhekwa okwesikhashana kwe
regulators. Lokhu kuvumela abakhiqizi ukuba bakhe ukuhambisana kwi-DNA yabo kusukela ekuqaleni futhi kusiza abaphathi bezemali ukuba bafunde ngetekhnoloji ngaphandle kokuyicindezela ngokushesha.
4.3 Umthetho Wokuhamba Nokuhambisana Nokuqondile:
Iqembu Lokusebenza LezeMali (FATF), elibhekelele ukuhweba ngemali engafaneleki, lenze umthetho walo wokuhamba “Travel Rule” ube sebenzisa kuMphakeli Wezinsizakalo Zezimpahla Ezingokoqobo.
(VASPs), okuhlanganisa nezishintshi. Lo mthetho ufaka umgomo wokuthi ama-VASPs ahlanganyele ulwazi lomthumeli nolwamukeli lwezohwebo ezidlula umkhawulo othile. Lokhu kuthinta ngqo ukuhamba kwemali phakathi kwe-CEXs namawallets azimele, kudala inselelo yokuhambisana neziqondiso ezixazululwa embonini ngobuchwepheshe obusha.
Le ndlela ibhekele phambili. Yamukela ukuthi i-DeFi ikhona kodwa igcizelela ukuthi izixhumanisi ziya ku umnotho olwakudala kufanele lukhululeke kahle. Lugxila emthethweni ezindaweni zokwehluleka kanye nokuhlanganiswa okukhona lapho abasebenzisi sebekhululekile khona ukuze baqinisekise ukuphepha nokusebenza kalula.
Kwethengisi ophumayo impahla, lokhu kusho ukuthi isipiliyoni kumjikelezo omkhulu wokuhweba, njenge ETH/USDT, siqinisekile futhi sihambisana nemithetho, sinikeza ukuzethemba ukubambisana neDeFi ecosystem enkulu kusukela esimisweni esiqinile.
Ingxenye 5: Ikusasa Elixhumanayo? Indlela Yokuthi Ukwehlukaniswa Kungaphila Futhi Kuthuthuke
Indaba yokulwa kokunqoba konke iyaphazamiseka. Ikusasa elinokwenzeka futhi elikhiqizayo kakhulu liyoba lokuhlangana okukhulumisanayo.
ukhalwe umthetho; kuzothuthukiswa ngawo.5.1 Ukuvela kwe “Compliant DeFi” noma “ReFi” (Imali Ebuyisayo):
Sisabona sekukhula kwemigomo ethile efuna ukuhambisana nezindinganiso zomthetho ngaphandle kokuphula izimiso zayo eziyisisekelo zokuzimela. Lokhu kungabandakanya:
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KYC/AML ku-On-chain: Ukusebenzisa ubufakazi bokungazi (ZKPs) ukuvumela abasebenzisi ukuba baveze ukuthi abawona ama-entity atholakale noma ukuthi baphakathi kweminyaka efanele ngaphandle kokukhombisa ubunikazi babo bonke. Lokhu kugcina ubumfihlo ngenkathi kunikeza ukuqinisekiswa kwemithetho.
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DAO-Law Hybrids: Ama-DAO ahlukaniswe ngokusemthethweni ukuhlanganisa njengezizinda zomthetho (njenge-LLC eWyoming noma amaFundations eSwitzerland) ukuze kube nesimo somthetho. Lokhu kubavumela ukuba bangene ezivumelwaneni, bakhokhe izintela, futhi babe nendawo ecacile yokuxhumana nabalawuli, ngaphandle kokudlulisa ukulawula kwephrothokholi uqobo.
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Ukuhambisana Njengesevisi: Izinsizakalo zangaphandle ezihlola i-wallet izikhungo zokuxhumana eziphakeme (CEXs) njengemibhoshongo:
Amapulatifomu afana ne-Exbix azophuma emsebenzini; indima yawo izoshintsha. Azosiza njengemithombo ebalulekile, ehambisana nemithetho, futhi umgibhozo olukhululekile kumsebenzisi. Zizoba yindawo lapho:-
iFiat ingena futhi iphume emnothweni we-crypto ngaphansi kokubhekwa ngokuphelele kwezomthetho.
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Abasebenzisi abasha bangeniswa ngokuphepha nezinsiza zokufundisa.
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Izikhungo ukuphila kwemali kubonakala kuphephile ukujoyina, kuhambisa ukuhamba kwemali okukhulu nokuzinza emkhakheni wonke we-crypto.
Umsebenzi epulatifomu ye-futures, efana ne <a href=”https://exbix.com/futures/”>Exbix Futures</a>, uncike kule ntokozo. ukuphuma, okwakhiwe ngesisekelo sokulawulwa. Lokhu akuvimbi i-DeFi; kukhuthaza ngokuhlinzeka ngendawo ephephile yokungena kwemali ezokhula ekugcineni ezindaweni zayo ezihlukene kakhulu.
5.3 I-DeFi Ethuthukile Nezithembekile:
Ekugcineni, ukulawulwa okucabangayo kungabamba i-DeFi ukuba ikhule. Kungasusa izinto ezicacile ukukhwabanisa kanye nezinhlelo ezibhalwe kabi, kushiya ngemuva uhlelo oluqinile, oluhlolwe kahle, noluthembekile. Lokhu kungakhuthaza ubuchwepheshe bokwakha izixazululo eziphumelelayo ezibhekene nezinkinga zangempela zabantu nezokulawulwa ngokusebenzisa ubuchwepheshe obuthuthukisa ubumfihlo.Inhloso akukhona ukuvimbela ingozi—zonke izinhlelo zezimali zinegozi—kodwa ukuvimbela ingozi engadingekile nengokukhwabanisa. Lokhu kudala indawo enempilo yokusebenza ku wonke, kusukela kumthengisi osezingeni eliphezulu ophumelele ekwenzeni isu eliyinkimbinkimbi emakethe ye BCH/USDT kuze kube ngumsebenzisi wokuqala othenga ingxenye yakhe yokuqala ye-Bitcoin.
Isiphetho: Ukuhlanganiswa, hhayi Ukuhlaselwa
Ngakho, ingabe ukungaguquguquki kungaphila ngaphansi kokubhekwa kukamasipala? I- impendulo iyavuma, kodwa kuzoba uhlobo oluhlukile lokwehlukaniswa.
Akuzoba yinkohlakalo engapheli, engaphathwa kwezinsuku zayo zokuqala. Kuzoba uhlobo oluhlukile, olunobuhlakani, futhi ekugcineni lube namandla kakhulu. Kuzofunda ukukhuluma ulimi lokuphathwa kwezingozi nokuvikelwa kwabathengi ngaphandle kokushiya izimiso zayo eziyisisekelo. ukuphathwa okungavunyelwe kanye nokuzimela.
Ubudlelwano phakathi kwe-DeFi kanye nemithetho abuwumjaho; kuyinkulumo ebuhlungu, eqhubekayo. Kuyidansi eliyinkimbinkimbi lapho bobabili abalingani bezama ukuhola, kodwa umphumela wokugcina uzoba uhlobo olusha lwezimali ezihlanganisiwe.
Kubasebenzisi, lokhu kusho ukuthi ikusasa liyi mayelana nokukhetha. Kuzoba nesikhala: kusuka ezinhlelweni ezilawulwayo kakhulu, eziphephile ngakolunye uhlangothi (ezinikeza ukuphepha nokulula) kuya ezinhlelweni ze-DeFi ezingenalungelo, ezingezona ezokugcina, eziphambili ngakolunye uhlangothi (ezinikeza ukuzimela kanye nemiphumela ephezulu engaba khona). Indima yokushintshanisa yesimanje iwukuba yindawo yakho ephephile, umnyango wakho wokuhlola lelo sikhala lonke nge ukwazisa.
Uhambo luqala manje. Imigomo ibhalwa ngesikhathi sangempela. Ngokubambisana nezinkundla ezithembekile, ezihambisana nemithetho futhi uhlale unolwazi, awuhambi nje kuphela kulolu shintsho—uyasiza ekwakheni lokhu.
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