XRPL AMM 揭穿：共同創辦人澄清對 XRP 流動性和無常損失的誤解

Anodos Finance 聯合創始人 Panos Mekras 解決了對今年早些時候實施的 XRP Ledger (XRPL) 自動做市商 (AMM) 的誤解。 Mekras 澄清說，提供可產生收入和費用的流動性是一項單獨的策略，不需要使用旨在持有的 XRP 代幣。用戶應該關注總利潤而不是平衡持倉，因為 DeFi 生態系統中的無常損失在某些情況下可能是有益的。

Automated Market Maker on XRP Ledger Clarified by Co-Founder

共同創辦人澄清 XRP Ledger 上的自動做市商

Amidst the recent launch of the Automated Market Maker (AMM) on the XRP Ledger (XRPL), Panos Mekras, co-founder of Anodos Finance, has endeavored to dispel misconceptions surrounding its mechanics.

最近在 XRP Ledger (XRPL) 上推出自動做市商 (AMM)，Anodos Finance 聯合創始人 Panos Mekras 努力消除對其機制的誤解。

Addressing Confusion over XRP Liquidity Provision

解決 XRP 流動性供應的混亂問題

Mekras has emphasized that users are not obligated to provide XRP as liquidity when utilizing the XRPL AMM. This clarification arises from some misunderstandings that have emerged alongside technical difficulties experienced by the platform.

Mekras 強調，使用者在使用 XRPL AMM 時沒有義務提供 XRP 作為流動性。這項澄清是由於平台遇到的技術困難而出現的一些誤解。

The Anodos Finance executive elucidated that liquidity provision should be perceived as a distinct income-generating strategy. Users are not required to contribute XRP tokens intended for retention. "Your focus as a liquidity provider should be on the income and fees accrued from trading activities," Mekras explained. "The relative amounts of assets held on either side are secondary considerations."

Anodos Finance 高層闡明，流動性供應應被視為一種獨特的創收策略。用戶無需貢獻用於保留的 XRP 代幣。 「作為流動性提供者，您的重點應該放在交易活動中產生的收入和費用上，」梅克拉斯解釋道。 “雙方持有的資產相對數額是次要考慮因素。”

Clarification on Impermanent Losses

關於無常損失的澄清

Mekras further addressed concerns regarding impermanent losses, a potential financial risk associated with liquidity provision on the XRPL AMM within the Decentralized Finance (DeFi) ecosystem. He highlighted that these losses can be both beneficial and detrimental.

Mekras 進一步解決了對無常損失的擔憂，這是與去中心化金融 (DeFi) 生態系統中 XRPL AMM 流動性提供相關的潛在財務風險。他強調，這些損失既可能是有益的，也可能是有害的。

In certain scenarios, impermanent losses can actually be advantageous for users. Mekras cited examples where such losses potentially translate into increased profits.

在某些情況下，無常損失實際上對使用者來說是有利的。梅克拉斯列舉了此類損失可能轉化為利潤增加的例子。

Summary of Clarifications

澄清摘要

To provide additional clarity, Mekras outlined the following key points on Twitter:

為了更加明確，梅克拉斯在 Twitter 上概述了以下要點：

• Users are not required to provide XRP liquidity.
• Liquidity provision should be considered as a separate income strategy, distinct from asset holding.
• Liquidity providers prioritize income and fees generated by trading activities.
• Impermanent losses can be either positive or negative, depending on specific circumstances.

Mekras's elucidations aim to mitigate confusion and provide a more comprehensive understanding of the XRPL AMM for the general public.

使用者不需要提供XRP 流動性。是負數，取決於具體情況。