Kujira基金會的代幣因其自身的槓桿頭寸而下注適得其反

開發人員表示，團隊的立場是“有針對性的”，他們將創建一個可操作的 DAO 來獲得 Kujira Treasury 和核心協議的所有權。

A team of developers behind Kujira, a decentralized finance (DeFi)-focused blockchain, have revealed that they took out leveraged liquidity positions that ultimately backfired, wiping out 55% of the value of the network's KUJI tokens in 24 hours.

Kujira 是一個專注於去中心化金融(DeFi) 的區塊鏈，其背後的開發團隊透露，他們取消了槓桿流動性頭寸，但最終適得其反，在24 小時內抹去了網絡KUJI 代幣價值的55 %。

Wallets belonging to the Kujira Foundation, which builds and contributes to running Cosmos-based Kujira, began to see their KUJI holdings automatically liquidated on Thursday as some of their leveraged positions on the protocol became bad debt to the tune of millions of dollars.

屬於Kujira 基金會（該基金會創建並為運營基於Cosmos 的Kujira 做出貢獻）的錢包週四開始看到其持有的KUJI 被自動清算，因為他們在該協議上的一些槓桿頭寸變成了數百萬美元的壞帳。

The liquidations occurred as loans taken by Kujira from their publicly allocated KUJI tokens became undercollateralized during a period of general market volatility. The liquidations sent KUJI lower, leading to more liquidations, even lower prices and a downward spiral.

此次清算是由於 Kujira 從公開分配的 KUJI 代幣中獲取的貸款在市場普遍波動期間抵押不足而發生的。清算導致 KUJI 走低，導致更多清算，甚至價格更低，螺旋式下降。

Liquidations are the automatic closure of a trader’s leveraged position due to a partial or total loss of their initial margin. They can be stopped in time if a trader tops up funds to keep their position open.

清算是指交易者的槓桿部位因部分或全部損失初始保證金而自動平倉。如果交易者充值資金以保持其持倉，則可以及時停止它們。

In a Telegram broadcast message on Thursday, a Kujira team member said the leverage positions were taken out in the hope they would drive value across the network's set of applications.

在周四的 Telegram 廣播訊息中，Kujira 團隊成員表示，槓桿頭寸被取消是希望它們能夠推動網路應用程式集的價值。

“As a team, we thought the best use of a portion of ops funds would be to leverage and deploy across the ecosystem to bootstrap liquidity and activity,” a @team_kujira member wrote on Telegram. "We genuinely felt like this was the correct course of action.”

「作為一個團隊，我們認為部分營運資金的最佳用途是在整個生態系統中利用和部署，以引導流動性和活動，」@team_kujira 成員在 Telegram 上寫道。 “我們真誠地認為這是正確的行動方針。”

“Sadly this coincided with various attacks. Not trying to feel sorry for ourselves but just explaining the sequence of events. People targetted the team positions, and it's been a constant fight since these positions were created,” they wrote.

「可悲的是，這與各種攻擊同時發生。並不是想為自己感到難過，而只是解釋事件的順序。人們瞄準了團隊職位，自從這些職位創建以來，這是一場持續不斷的鬥爭，」他們寫道。

Kujira had more than $124 million worth of funds locked at its March 2024 peak. The value was down to $50 million earlier this week and $35 million on Friday morning following the KUJI token liquidations.

Kujira 在 2024 年 3 月的高峰時鎖定了價值超過 1.24 億美元的資金。 KUJI 代幣清算後，其價值本週早些時候跌至 5000 萬美元，週五上午跌至 3500 萬美元。

In a Friday post on X, the team said it would create a decentralized autonomous organization (DAO) – an organization managed in whole or in part using a blockchain-based voting system – to take ownership of the Kujira Treasury and core protocols “with an initial mandate to safely reduce debt.” It said there was 14 million KUJI, worth $5.5 million at current prices, in the treasury.

在周五的 X 貼文中，該團隊表示將創建一個去中心化自治組織（DAO）——一個完全或部分使用基於區塊鏈的投票系統進行管理的組織——以「透過安全減少債務的初步任務。據稱，金庫中有 1,400 萬枚 KUJI，以當前價格計算價值 550 萬美元。

“This DAO will also assume control of the configuration of the core Kujira Protocols,” the team wrote. “Combined with upcoming admin dashboards, this will create transparency over how these protocols run, and allow the community to propose changes that will be voted on by members of the DAO.”

「這個 DAO 還將控制核心 Kujira 協議的配置，」該團隊寫道。 “與即將推出的管理儀表板相結合，這將為這些協議的運作方式創造透明度，並允許社區提出將由 DAO 成員投票表決的變更。”