XRPL 的 AMM 和 RLUSD 穩定幣將在全球範圍內產生影響

XRP Ledger (XRPL) 是一種流行的去中心化開源區塊鏈，已成為機構採用和實用性方面的先驅。

The XRP Ledger (XRPL), a decentralized open-source blockchain, has emerged as a pioneer in institutional adoption and practical utility. Recently, market analyst Max highlighted how XRPL’s Automated Market Maker (AMM) and RLUSD stablecoin are poised to make a significant impact worldwide.

XRP Ledger (XRPL) 是一種去中心化的開源區塊鏈，已成為機構採用和實用性方面的先驅。最近，市場分析師 Max 強調了 XRPL 的自動做市商（AMM）和 RLUSD 穩定幣將如何在全球產生重大影響。

XRP Ledger and Its Unique Positioning

XRP Ledger及其獨特定位

Max noted that XRPL is optimal for high-frequency, high-value transactions, boasting speeds of 3 to 5 seconds and minimal costs. It facilitates seamless cross-border payments and tokenization of real-world assets, eliminating the bottlenecks of traditional systems.

Max指出，XRPL最適合高頻、高價值交易，具有3至5秒的速度和最低的成本。它促進無縫跨境支付和現實世界資產的標記化，消除傳統系統的瓶頸。

With its speed, efficiency, and reliability, The #XRP Ledger has a defined role as a leader for institutional adoption and practical utility. Let’s look at how the #XRPL’s Automated Market Maker (AMM) and #RLUSD stablecoin are set to make a dent in the universe. 1/19🧵

憑藉其速度、效率和可靠性，#XRP Ledger 已成為機構採用和實際效用的領導者。讓我們看看 #XRPL 的自動做市商 (AMM) 和 #RLUSD 穩定幣如何在宇宙中發揮作用。 1/19🧵

— Max Avery (@realMaxAvery) December 4, 2024

— 馬克斯艾佛瑞 (@realMaxAvery) 2024 年 12 月 4 日

According to the analyst, XRPL has maintained over a decade of zero downtime for institutional players. Banks, asset managers, and enterprises have continuously utilized XRPL’s decentralized, carbon-neutral infrastructure for enhanced stability and system performance.

該分析師表示，XRPL 十多年來一直保持著機構參與者的零停機時間。銀行、資產管理公司和企業不斷利用 XRPL 的去中心化、碳中和基礎設施來增強穩定性和系統性能。

Furthermore, XRPL’s AMM has revolutionized trading by replacing order books with liquidity pools. As a backstory, XRPL introduced AMM in April to address crucial issues within the ledger, as reported by CNF.

此外，XRPL 的 AMM 透過以流動性池取代訂單簿，徹底改變了交易。根據 CNF 報導，作為背景故事，XRPL 在 4 月引入了 AMM，以解決帳本中的關鍵問題。

XRPL’s AMMs enabled fast, efficient trading with prices determined by algorithms rather than intermediaries. By June, the Total Value Locked (TVL) in XRPL’s AMMs had surpassed 10 million XRP, highlighting its increasing adoption.

XRPL 的 AMM 實現了快速、高效的交易，價格由演算法而不是中介機構決定。截至 6 月，XRPL 的 AMM 中的鎖定總價值 (TVL) 已超過 1,000 萬個 XRP，突顯其採用率不斷上升。

According to Max, XRPL’s AMM goes beyond its utility as a Decentralized Finance (DeFi) tool. He noted that it is designed for institutions that demand rapid, low-cost transactions. He believes that the combination of XRPL’s AMM and RLUSD stablecoin will create a liquidity engine that minimizes slippage and maximizes efficiency.

Max 表示，XRPL 的 AMM 超越了其作為去中心化金融（DeFi）工具的實用性。他指出，它是為需要快速、低成本交易的機構而設計的。他認為，XRPL 的 AMM 和 RLUSD 穩定幣的結合將創建一個流動性引擎，最大限度地減少滑點並最大限度地提高效率。

Max pointed out that the unique aspect of XRPL’s AMM is its ability to empower all participants, including retail and institutional investors. Retail users enjoy efficient, low-cost trading, liquidity providers earn yield, and institutions gain a new source of revenue within a decentralized market.

Max指出，XRPL AMM的獨特之處在於它能夠為所有參與者（包括散戶和機構投資者）賦能。零售用戶享受高效率、低成本的交易，流動性提供者賺取收益，機構在去中心化市場中獲得新的收入來源。

A Combination of XRPL’s AMM and RLUSD

XRPL 的 AMM 和 RLUSD 的組合

Fundamentally, XRPL’s AMM employs a Constant Product Formula for price discovery. Liquidity providers are able to deposit two tokens in a predefined ratio and earn fees based on their contribution. This creates a decentralized, efficient, and permissionless trading ecosystem.

從根本上來說，XRPL 的 AMM 採用恆定乘積公式來進行價格發現。流動性提供者能夠按預定比例存入兩種代幣，並根據其貢獻賺取費用。這創造了一個去中心化、高效且無需許可的交易生態系統。

Moreover, XRP Ledger introduces innovations like “auction mode,” which aims to amplify arbitrage opportunities. Proceeds from temporary losses are allocated to liquidity providers, ensuring fair rewards while maintaining XRPL’s renowned speed and security.

此外，XRP Ledger引入了「拍賣模式」等創新，旨在擴大套利機會。暫時損失的收益將分配給流動性提供者，確保公平的回報，同時保持 XRPL 著名的速度和安全性。

Additionally, XRPL’s AMM is fully integrated with its Decentralized Exchange (DEX), allowing users to trade using either order books or liquidity pools. This dual-layered design caters to diverse trading requirements, making XRPL appealing to both institutional and retail users.

此外，XRPL 的 AMM 與其去中心化交易所 (DEX) 完全集成，允許用戶使用訂單簿或流動性池進行交易。這種雙層設計滿足了多樣化的交易需求，使XRPL對機構和零售用戶都具有吸引力。

At the heart of this ecosystem lies RLUSD, a fully collateralized stablecoin pegged in a 1:1 ratio with the US dollar. It provides stability and transparency, critical elements for compliance-focused institutions entering the blockchain space.

這個生態系統的核心是 RLUSD，這是一種與美元 1:1 掛鉤的完全抵押的穩定幣。它提供了穩定性和透明度，這是以合規為重點的機構進入區塊鏈領域的關鍵要素。

According to Max, RLUSD will serve as a reliable medium of exchange and a safe haven during market volatility. By integrating with XRPL’s AMM, RLUSD can enhance liquidity provisioning and make the ecosystem more attractive to institutional investors.

Max 表示，RLUSD 將作為市場波動期間可靠的交易媒介和避風港。透過與 XRPL 的 AMM 集成，RLUSD 可以增強流動性供應，並使生態系統對機構投資者更具吸引力。

The synergy between RLUSD and XRP Ledger’s AMM is also expected to boost XRP’s utility. XRP, the ecosystem’s native asset, serves as the backbone of liquidity, driving adoption and demand. At the time of writing, the price of XRP was $2.63, showing an increase of 81.6% over the past week.

RLUSD 和 XRP Ledger 的 AMM 之間的協同作用預計也將提高 XRP 的效用。 XRP 是生態系統的原生資產，是流動性的支柱，推動採用和需求。截至撰寫本文時，XRP 價格為 2.63 美元，較過去一週上漲 81.6%。