Shimmer 的低迷：IOTA 副項目的衰落揭曉

Shimmer (SMR) 大約在 18 個月前推出，面臨著價格曲線下降和網路活動較低的挑戰。儘管有最初的預期，Shimmer 未能吸引顯著的興趣和增長，每天的新帳戶創建量徘徊在 30 個左右，但活躍帳戶只有 600 個。它試圖透過 EVM 整合在 DeFi 領域站穩腳跟，但收效甚微，TVL 從 1300 萬美元的高點跌至不到 500 萬美元。

Shimmer's Waning Legacy: A Comprehensive Analysis of the IOTA Side Project's Decline

Shimmer 的衰落遺產：IOTA 副項目衰落的綜合分析

Approximately 18 months have transpired since Shimmer (SMR), a much-anticipated side project of the IOTA Foundation, was introduced to the world with considerable fanfare and lofty expectations. However, the intervening period has witnessed a significant downturn in its fortunes, casting doubt upon its long-term viability.

自從IOTA基金會備受期待的附帶項目Shimmer（SMR）在大張旗鼓和崇高期望下向全世界推出以來，已經過去了大約18個月。然而，在此期間，其命運大幅下滑，令人對其長期生存能力產生懷疑。

Plummeting Prices and Waning Interest

價格暴跌和興趣減弱

Shimmer's price curve has taken a precipitous plunge, with its current value languishing around $0.016. This represents a mere 10% of its all-time high of $0.17, which was achieved at the project's inception in September 2022. Public interest in SMR has also plummeted, with trading volumes and social media engagement at all-time lows.

Shimmer 的價格曲線急劇下跌，目前價值徘徊在 0.016 美元左右。這僅佔 2022 年 9 月該計畫啟動時創下的歷史最高值 0.17 美元的 10%。公眾對 SMR 的興趣也大幅下降，交易量和社交媒體參與度降至歷史最低水平。

Network Stagnation and Discord

網路停滯與不和諧

The number of new accounts created on the Shimmer network has dwindled to a mere 30 per day, a stark indicator of the project's stagnation. The network's active user base has also remained consistently low, hovering around 600 daily. This lackluster activity highlights a failure to attract a sustainable user base.

Shimmer 網路上創建的新帳戶數量已減少至每天僅 30 個，這是該項目停滯不前的明顯跡象。該網路的活躍用戶群也一直保持在較低水平，每天徘徊在 600 人左右。這種乏善可陳的活動凸顯了未能吸引永續的用戶群。

Compounding these challenges, internal discord has emerged within the Shimmer community, fueled by a recent airdrop campaign and contentious referendums. IOTA boss Dominik Schiener has publicly distanced himself from the project, issuing a scathing assessment of its viability.

雪上加霜的是，最近的空投活動和有爭議的公投加劇了微光社區內部的不和諧。 IOTA 老闆 Domink Schiener 公開與該項目保持距離，對其可行性做出了嚴厲的評估。

Failed DeFi Ambitions

失敗的 DeFi 野心

Shimmer's mission was to establish a foothold in the decentralized finance (DeFi) sector. The activation of the Ethereum Virtual Machine (EVM) on the network in September 2023 was intended to provide the infrastructure for DeFi applications. However, the project has fallen well short of these aspirations.

Shimmer 的使命是在去中心化金融（DeFi）領域站穩腳跟。以太坊虛擬機（EVM）於 2023 年 9 月在網路上激活，旨在為 DeFi 應用提供基礎設施。然而，該項目遠遠沒有達到這些願望。

Data from DeFiLlama reveals that the total value locked (TVL) in DeFi applications on Shimmer reached a peak of over $13 million during the airdrop campaign. However, with the promotion concluded, TVL has plummeted to below $5 million, indicating a lack of organic growth and user adoption.

DeFiLlama 的數據顯示，Shimmer 上 DeFi 應用的總鎖定價值（TVL）在空投活動期間達到了超過 1300 萬美元的峰值。然而，隨著促銷活動結束，TVL 已跌至 500 萬美元以下，顯示缺乏自然成長和用戶採用。

EVM Integration Undermines Shimmer's Purpose

EVM 整合破壞了 Shimmer 的目的

The impending integration of the EVM into IOTA's main network further undermines the rationale for Shimmer's existence. With the EVM directly available on IOTA, developers will no longer require a separate network for DeFi activities, rendering Shimmer redundant.

EVM 即將整合到 IOTA 主網絡中，這進一步削弱了 Shimmer 存在的理由。由於 EVM 直接在 IOTA 上可用，開發人員將不再需要單獨的網路來進行 DeFi 活動，從而使 Shimmer 變得多餘。

Bleak Prospects and a Glimmer of Hope

黯淡的前景與一線希望

An interim review of Shimmer conducted in the summer of 2023 painted a similarly bleak picture. The latest data confirms this assessment, with virtually every metric indicating a deterioration in the project's health.

2023 年夏天對 Shimmer 進行的中期審查描繪了一幅同樣黯淡的景象。最新數據證實了這項評估，幾乎所有指標都表明該計畫的健康狀況正在惡化。

Despite these challenges, a few optimists believe that SMR still has a chance of redemption. They argue that Shimmer could serve as a monetary testnet for IOTA's transition to a fully decentralized network. However, the dismal performance of DeFi applications on Shimmer and the impending EVM integration on IOTA make this argument appear increasingly tenuous.

儘管面臨這些挑戰，一些樂觀人士認為 SMR 仍有救贖的機會。他們認為，Shimmer 可以作為 IOTA 向完全去中心化網路過渡的貨幣測試網。然而，Shimmer 上 DeFi 應用程式的慘淡表現以及 IOTA 上即將進行的 EVM 整合使得這一論點顯得越來越站不住腳。

Conclusion: A Cautionary Tale

結論：一個警示故事

Shimmer's decline serves as a cautionary tale about the challenges facing blockchain side projects. Despite initial enthusiasm and ambitious goals, the project has failed to establish a compelling value proposition and attract a sustainable user base. As a result, its future prospects appear bleak, with its ultimate fate uncertain.

Shimmer 的衰落是區塊鏈副項目面臨挑戰的警告。儘管最初充滿熱情並設定了雄心勃勃的目標，但該專案未能建立令人信服的價值主張並吸引可持續的用戶群。因此，它的未來前景顯得黯淡，最終命運也不確定。