Kubuda kwecryptocurrencies kwakakwevera kutarisisa kune yakafara kirasi yehurongwa umo zvishuwo zvehupfumi zvevatori vechikamu zvinopindirana nenzira yekuti ivo, vachiitira kuzvibatsira kwavo, kuve nechokwadi chekushanda kwakasimba kwehurongwa hwakazara. Pakutsvagisa nekugadzira masisitimu ekuzvimiririra akadaro, anonzi - zvimiro zvepasirese zvinogadzira mukana wekubatana uye kugovera kwemari kuzadzisa chinangwa chakafanana kuburikidza nekushandiswa kweakasiyana ehupfumi uye cryptographic nzira.
Rimwe rematambudziko makuru nekuwanda kwemari nderekuti vangangove vanopa mari yemapurojekiti nemasangano vanowanzo shaya mari yekuvapa mari. Izvi ndezvechokwadi kunyanya kune mapurojekiti akakosha munharaunda, mabhenefiti ayo anogamuchirwa nevakawanda, nepo mutoro werutsigiro rwemari unowira pane vashoma vashoma vanotsigira. Mapurojekiti enguva refu zvakare anowanzo tambura nekuderera zvishoma nezvishoma kwechido kubva kune vanotsigira uye vanomanikidzwa kugara vachiisa mari mukushambadzira. Matambudziko akadaro anogona kutungamira kuvharwa kwepurojekiti, zvisinei nekukosha kwayo, uye pamwe chete vanonzi zvakare .
Programmable money technology yakavhura mukana wekushandisa nzira itsva dzekupa mari dzinobatsira kugadzirisa dambudziko remutasvi wemahara. Kuvapo kwekriptoeconomic primitives kunofambisa basa iri, zvichibvumira kusikwa kwemaitiro ekubatanidza vatori vechikamu vane zvinhu zvaimbozivikanwa. Imwe yeaya ekutanga, ayo anogona kushandiswa ese ari maviri kuona kuenderera mberi kwemari yemapurojekiti akakosha munharaunda uye nekutonga kwakanaka kwezviwanikwa zvakagovaniswa, chiratidzo chinosunga curve () . Iyi nzira inobva pane pfungwa , mutengo weiyo algorithmically unoenderana nehuwandu hwehuwandu hwematokeni mukutenderera uye inotsanangurwa neiyo equation yekukwira curve:
Iyi nzira inoshandiswa mufomu , iyo inoburitsa uye inoparadza tokeni:
- Chiratidzo chinogona kupihwa chero nguva nekuchitenga kuburikidza nechibvumirano chakangwara. Iyo yakawanda tokens inopihwa, inokwira mutengo wekuburitsa ma tokens matsva.
- Mari yakabhadharwa pakubudiswa kwematokeni inochengetwa munzvimbo yakaringana.
- Panguva ipi neipi yenguva, chiratidzo chinogona kutengeswa kuburikidza nechibvumirano chakangwara mukutsinhana nemari kubva kune general reserve. Muchiitiko ichi, chiratidzo chinobviswa kubva pakutenderera (kuparadzwa) uye mutengo wayo unoderera.
Iyo yakakosha meshini inogona kugadziridzwa kana kuwedzerwa zvichienderana nekushandisa. Muchiitiko chakakosha chemushandirapamwe wevanhu vazhinji, muridzi wekontrakiti iboka reprojekiti, uye chimwe chikamu chezviratidzo kubva pakutenga kwega kwega kana kutengesa chinotamirwa kwairi (semuenzaniso, 20%). Vabati vechiratidzo vanova vatsigiri vepurojekiti, kwete chete nekuendesa mari kuhomwe yekutsigira purojekiti, asiwo nekuwedzera mutengo wezviratidzo nekutenga kwega kwega. Chikwata cheprojekiti chinobva chatengesa ma tokeni akagamuchirwa uye inoshandisa mari yacho kuzadzisa zvinangwa zvemushandirapamwe.
Iyo michina yakagadzirwa nenzira yekuti vatsigiri vepakutanga vanogamuchira zviratidzo pamutengo wakaderera uye vanogona kuzovatengesa nemutengo wakakwirira, asi chete kana huwandu hwematokeni mukutenderera huchiwedzera. Mukana wekuwana mari unokurudzira vatsigiri vekare kuti vakwezve kutarisa kune purojekiti, nekudaro vachiwedzera huwandu hwezvipo uye kuita kuti zvive nyore kune vanovamba kusimudzira chirongwa. Kana vatsigiri vekutanga vachitengesa chikamu chavo chezviratidzo, kukosha kwavo kunoderera uye izvi zvinokurudzira vatori vechikamu vatsva kuti vabatane nemushandirapamwe. Uku kutenderera kwakanaka kunogona kudzokorora zvakare uye zvakare, kuve nechokwadi chekuenderera mberi kwemari yeprojekiti. Kana boka repurojekiti richitanga kuratidza migumisiro isingafadzi, ipapo vabati vechiratidzo vachatsvaka kutengesa zviratidzo zvavo, semugumisiro wekuti kukosha kwavo kuchawa uye mari ichapera.
Tichifunga nezvemapurojekiti mazhinji akasiyana anokwidza mari zvinoenderana nechirongwa chatsanangurwa pamusoro, vangangove vanotsigira vanoedza kutsvaga mamwe anovimbisa uye kuisa mari mazviri padanho rekutanga. Kubva pakuona kwekudyara mari, mapurojekiti anonyanya kuvimbisa achave akakurumbira uye akakosha mapurojekiti, sezvo achakwezva vatsigiri vakawanda mune ramangwana uye kuwedzera kukuru kwemutengo wechiratidzo kunogona kutarisirwa kubva kwavari. Nenzira iyi, kurongeka kwezvido zvehupfumi zvevamwe vatori vechikamu muhurongwa maererano nezvinangwa zvakafanana zvinowanikwa.
Kutevedzera
Kondirakiti yakangwara inoshandisa iyo bonding curve inofanirwa kupa nzira dzekutenga (kuburitsa) uye kutengesa (kuparadza) tokeni. Tsanangudzo dzekuita dzinogona kusiyana zvakanyanya zvichienderana nekushandisa uye hunhu hunodiwa. Hurukuro yekutaridzika kweiyo interface inogona kuwanikwa pano: .
Paunenge uchiburitsa uye uchiparadza tokens, iyo smart kontrakiti inoita kutenga uye kutengesa mutengo kuverenga zvinoenderana neinosunga curve. Iyo curve inogadziriswa nebasa rinotarisa mutengo wechiratidzo kuburikidza nehuwandu hwematokeni ari kutenderera . Basa racho rinogona kutora mafomu akasiyana, semuenzaniso:
Funga nezve simba rekuita:
Mari yakachengetwa inodiwa kutenga tokeni muhuwandu , inogona kuverengerwa senzvimbo yenzvimbo iri pasi pe curve inoganhurwa nehuwandu hwazvino hwematokeni mukutenderera uye huwandu hweramangwana:
Kuti uwedzere kuverenga uku, zviri nyore kushandisa vhoriyamu iripo yenzvimbo inochengeterwa, iyo yakaenzana nenzvimbo yenzvimbo iri pasi pe curve inoganhurwa nekutanga kwayo uye nhamba iripo yematokeni:
Kubva pano iwe unogona kutora nhamba yezviratidzo izvo mubatsiri achagamuchira nekutumira mari inozivikanwa mune reserve currency:
Mari yakachengetwa yakadzoserwa pakatengeswa tokens, inoverengwa zvakafanana:
Muenzaniso kushandiswa mumutauro inogona kuonekwa pano:
Kumwe budiriro
Kana iyo cryptocurrency isingachinji ikashandiswa kutenga ma tokens, ipapo mari yakachengetwa munzvimbo inochengeterwa ichave iri pasi pekuchinja kwekuchinjana, izvo zvinogona kukanganisa kushanda kwechigadzirwa (vatsigiri havazodi kuita mari yenguva refu nekutya kudonha kwemutengo wekuchinjana). Kuti udzivise njodzi dzakadai, unogona kushandisa yakagadzikana cryptocurrency (semuenzaniso, ) semari yekuchengetedza.
Chiratidzo chiratidzo chehumwe kukosha kwakajairika kune vanoibata, uye nekudaro inogona kushandiswa kwete chete sechikamu chemari nzira, asiwo kune zvinoenderana.
Semuenzaniso, tokeni dzinogona kushandiswa kubata purojekiti kuburikidza (DAO). Kugoverwa kwemari inounganidzwa nepurojekiti inogona kuitwa nekuvhotera zvirongwa zvakasiyana-siyana zvinoiswa mberi nevavambi vechirongwa kana vatsigiri pachavo. Kana purojekiti isina chikwata chekushanda chisingaperi, saka nenzira imwechete yavanogona kuitira kuitwa kwemabasa ega ega ayo vatambi venguva pfupi vachakwikwidza. Kutumira kondirakiti yakangwara yesangano rinozvimiririra rakavakirwa paruzhinji blockchain kunovimbisa kuve pachena kwemaitiro ekuita sarudzo uye kuvhurika kwese kutengeserana.
Iko kukwanisa kushandisa chiratidzo kubatanidzwa mukutungamirirwa kweprojekti kana sangano, pamwe chete nemukurumbira wakanaka, inopa kukosha kwechokwadi kune chiratidzo. Zvekuomerwa dzimwe nzira dzinogona kubatanidzwa. Semuenzaniso, kontrakiti yakangwara inogona kuomesa tokeni (kurambidza kutengesa kwavo) kwenguva yakati mushure mekutenga.
Sitimu umo chiratidzo chisina kukosha kwekuzvarwa inova nyore kunyengedzwa uye inogona kuve .
mhedziso
Chiratidzo chekubatanidza curve chinogona kushandiswa munzvimbo dzakasiyana, asi kushandiswa kweiyi nzira mukuunganidza vanhu vakawanda kunotaridzika kunakidza, sezvo pfungwa yekutanga - kutsigira chirongwa nekutumira mari - haishanduki, asi inowedzerwa nemikana mitsva yekutora chikamu, kuchengetedza yakaderera yekupinda chipinganidzo kune vashandisi.
Mapurojekiti anounganidza mipiro yeEteri kune kero yezvidhinha-nedhaka nhasi anogona panzvimbo yekuendesa chibvumirano chakangwara chinoshandisa chiratidzo chekubatanidza curve uye kugamuchira mubhadharo kuburikidza nayo. Vatsigiri vachave nemukana wekutsigira purojekiti kana kuburikidza nekutengeserana nguva dzose (kuendeswa kwemari zvakananga) kana nekutenga zviratidzo, uye munyaya yechipiri ivo vachabatsirwa nekukura kukuru kweprojekti.
Zvisinei, kushanda kweiyi cryptoeconomic mechanism inoramba ichiongororwa. Parizvino, hapana mienzaniso mizhinji yekushandiswa kwechokwadi kwekusunga macurve mune zvakatemerwa zvikumbiro (imwe yemapurojekiti ane mukurumbira ndeye. ), uye dhizaini uye kuvandudzwa kwemapuratifomu ekuwanisa vanhu mari vachishandisa michina iyi ichiri kuitika:
- - chikuva chemasangano anopa rubatsiro. Munguva pfupi yapfuura kuvandudzwa kweinoenderera mberi mari modhi yakavakirwa pakusunga macurves.
- - ipuratifomu yekuburitsa "yemunhu tokens" yakanangana nevagadziri vemukati.
- / chirongwa chekutsvaga mari chakagadzirirwa masangano anozvimiririra .
- - protocol yekubatanidza nharaunda vachishandisa ma tokens, ayo anopawo kuvakwa kwekuwanda kwemari.
Notes
[1] Hapana shanduro yakasimbiswa yezwi rekuti "bonding curve" mumabhuku emutauro wechiRussian. Iyo mechanic inogona zvakare kunzi "". Izvi zvinoreva kuti vatori vechikamu vanoisa mari muchibvumirano chakangwara sechibatiso, uye mukudzoka vanogamuchira tokeni.
Source: www.habr.com