Poloniex 基於 Tron 的 WBTC 產品因折扣和缺乏透明度而發出危險信號

Justin Sun 旗下的 Poloniex 在 Tron 上提供打包比特幣 (WBTC) 產品，目前交易價格大幅折扣超過 20%。由於對儲備透明度的擔憂，Poloniex 沒有按照承諾提供儲備證明，並且仍不清楚支援 WBTC 產品的比特幣的位置。 Poloniex 和 Sun 建議的 HTX 之間的相互聯繫引發了人們對這些關係的性質和潛在風險的質疑。

Poloniex's Wrapped Bitcoin Product on Tron Raises Concerns Amidst Discount and Lack of Transparency

Poloniex 在 Tron 上打包的比特幣產品引發折扣和缺乏透明度的擔憂

Poloniex, a cryptocurrency exchange controlled by the prominent figure Justin Sun, has come under scrutiny for its wrapped bitcoin (WBTC) product on the Tron blockchain. The product, known as WBTC on Tron, has been trading at a substantial discount of over 20% on Poloniex in recent times.

由名人孫宇晨控制的加密貨幣交易所 Poloniex 因其 Tron 區塊鏈上的打包比特幣 (WBTC) 產品而受到審查。該產品在 Tron 上被稱為 WBTC，最近在 Poloniex 上的交易價格大幅折扣超過 20%。

The market for WBTC on Tron has exhibited minimal activity, with virtually no trading volume over the past day. Moreover, only 79% of the WBTC in circulation on Tron has been exchanged against bitcoin itself.

Tron 上的 WBTC 市場活動很少，過去一天幾乎沒有交易量。此外，Tron 上流通的 WBTC 中只有 79% 被兌換成比特幣本身。

Poloniex has not yet fulfilled its commitment to provide Protos, a reputable media outlet, with a "proof-of-reserves" for the WBTC product. The exchange has also remained tight-lipped about the location of the bitcoin reserves backing the WBTC on Tron offering.

Poloniex 尚未履行向知名媒體 Protos 提供 WBTC 產品「儲備證明」的承諾。該交易所對於支援 Tron 上的 WBTC 發行的比特幣儲備的位置也守口如瓶。

Protos has repeatedly reached out to Poloniex in an attempt to ascertain the status of the product's reserves, the timeline for the promised proof-of-reserves, and the nature of the relationship between Sun-owned Poloniex and Sun-advised HTX.

Protos 多次與 Poloniex 聯繫，試圖確定產品儲備的狀況、承諾的儲備證明的時間表，以及 Sun 旗下的 Poloniex 和 Sun 建議的 HTX 之間關係的性質。

The final aspect holds particular significance, as a substantial portion of the bitcoin held by HTX, formerly known as Huobi, is part of the WBTC on Tron product offered by Poloniex. According to HTX's most recent proof-of-reserves, WBTC on Tron constitutes over half of the bitcoins held by the exchange, representing more than 14,400 bitcoins valued at approximately $900 million.

最後一個方面具有特別重要的意義，因為 HTX（以前稱為 Huobi）持有的比特幣的很大一部分是 Poloniex 提供的 WBTC on Tron 產品的一部分。根據 HTX 最新的儲備證明，Tron 上的 WBTC 佔該交易所持有的比特幣的一半以上，相當於 14,400 多個比特幣，價值約 9 億美元。

Additional ties between Poloniex and HTX have also been noted. For instance, the Poloniex support website hosts the "Huobi Platform User Agreement" page, indicating a possible connection between the two platforms.

Poloniex 和 HTX 之間的其他聯繫也已引起關注。例如，Poloniex支援網站上有「火幣平台用戶協議」頁面，表明兩個平台之間可能存在聯繫。

Furthermore, the WBTC on Tron offering is not isolated to HTX and Poloniex. JustLend, another Sun-affiliated entity, holds approximately 92,000 bitcoins valued at roughly $5.6 billion in WBTC on Tron.

此外，Tron 上的 WBTC 產品並不孤立於 HTX 和 Poloniex。 JustLend 是 Sun 旗下的另一個實體，在 Tron 上持有約 92,000 個 WBTC 比特幣，價值約 56 億美元。

The significant discount in the market, coupled with the issuer's reluctance to disclose the location of the product's reserves, raises concerns about the overall stability of this WBTC offering and its potential impact on the broader cryptocurrency ecosystem.

市場大幅折扣，加上發行人不願透露產品儲備的位置，引發了人們對 WBTC 產品整體穩定性及其對更廣泛的加密貨幣生態系統潛在影響的擔憂。

As of the date of this report, Poloniex has not provided a comprehensive response to Protos' inquiries. The situation remains under close scrutiny, and updates will be provided as they become available.

截至本報告發布之日，Poloniex 尚未對 Protos 的詢問做出全面回應。目前情況仍在密切關注中，並將及時提供最新情況。