本质金融：是拖累还是管理不善？

Essence Finance 是 Scroll 生态系统上著名的稳定币项目，受到了严格的审查。这是由于其稳定币 CHI 几乎全面崩溃

Stablecoin project Essence Finance, operating within the Scroll ecosystem, has faced intense scrutiny following the near-total collapse of its stablecoin, CHI.

在 Scroll 生态系统中运营的稳定币项目 Essence Finance 在其稳定币 CHI 几乎全面崩溃后面临着严格的审查。

According to data from GeckoTermina, CHI experienced a drastic 98% drop in value on October 26. The stablecoin, which was initially trading at $1, saw its value plummet to $0.0134.

根据 GeckoTermina 的数据，CHI 的价值在 10 月 26 日暴跌 98%。这款稳定币最初的交易价格为 1 美元，后来暴跌至 0.0134 美元。

This sudden price crash has sparked fears among investors and the broader crypto community regarding a potential rug pull.

这次突然的价格暴跌引发了投资者和更广泛的加密社区对潜在的拉动的担忧。

As reported by Wu Blockchain, over $20 million in collateral was removed from the project, prompting concerns and speculation among market participants.

据 Wu Blockchain 报道，超过 2000 万美元的抵押品被从该项目中删除，引发了市场参与者的担忧和猜测。

In the wake of the price crash, بازار participants have taken to social media to express their concerns regarding Essence Finance's transparency and security practices.

价格暴跌后，巴扎尔参与者在社交媒体上表达了他们对 Essence Finance 透明度和安全实践的担忧。

Many have questioned the project's intentions behind the move, especially given the lack of communication from Essence Finance.

许多人质疑该项目此举背后的意图，特别是考虑到 Essence Finance 缺乏沟通。

The project's last official post on its X (formerly Twitter) account was on September 10. Since then, the project has only engaged in reposting, further escalating community suspicion.

该项目在其 X（以前的 Twitter）账户上最后一次发布官方帖子是在 9 月 10 日。此后，该项目只进行了转发，进一步加剧了社区的怀疑。

With the absence of any official statement from Essence Finance, investors have voiced their frustration and disappointment.

由于安信金融没有发表任何官方声明，投资者纷纷表达了他们的沮丧和失望。

Now, many investors are seeking clarity on the stablecoin's unexpected decline in value and the project's financial stability.

现在，许多投资者正在寻求澄清该稳定币的意外价值下跌和该项目的财务稳定性。

Essence Finance's silence has left investors feeling uneasy and used. Now many investors are looking for clarity on the stablecoin's value and the project's financial stability.

安信金融的沉默让投资者感到不安和被利用。现在，许多投资者正在寻求稳定币的价值和项目的财务稳定性的明确信息。

The project is yet to make an official statement about the crash as the last official post from its X (formerly Twitter) account was on September 10. Since then, the project has only been reposting, this revelation as further escalate community suspicion.

该项目尚未就此次崩溃发表正式声明，因为其 X（以前的 Twitter）帐户的最后一次官方发布是在 9 月 10 日。此后，该项目只是重新发布，这一消息进一步加剧了社区的怀疑。

Impact on Scroll Ecosystem Amidst Rapid Growth

快速增长对 Scroll 生态系统的影响

The CHI crash has overshadowed what has otherwise been a period of growth and progress for the Scroll ecosystem, which is renowned for its zkEVM (zero-knowledge Ethereum Virtual Machine) technology.

CHI 崩溃给 Scroll 生态系统原本的增长和进步时期蒙上了阴影，Scroll 生态系统以其 zkEVM（零知识以太坊虚拟机）技术而闻名。

This technology has made Scroll a popular high-performance, Ethereum-compatible Layer 2 blockchain.

这项技术使 Scroll 成为流行的高性能、兼容以太坊的第 2 层区块链。

Recently, Scroll achieved a milestone with a total value locked (TVL) of above $1.17 billion — a number achieved through projects like Essence Finance and other decentralized finance (DeFi) applications.

最近，Scroll 实现了一个里程碑，锁定总价值 (TVL) 超过 11.7 亿美元——这一数字是通过 Essence Finance 和其他去中心化金融 (DeFi) 应用程序等项目实现的。

Additionally, its native token, SCR, has secured listings on major exchanges such as Binance and Bybit, while Coinbase is enabling perpetual futures trading for the token. All of these highlight the project's potential.

此外，其原生代币 SCR 已在 Binance 和 Bybit 等主要交易所上市，而 Coinbase 则支持该代币的永续期货交易。所有这些都凸显了该项目的潜力。

However, the collapse of a prominent stablecoin on the platform raises concerns about the ecosystem's overall risk management. The market has been quick to point out these inconsistencies, with many wondering if other projects within the ecosystem could face similar issues.

然而，该平台上一个著名稳定币的崩溃引发了人们对生态系统整体风险管理的担忧。市场很快就指出了这些不一致之处，许多人想知道生态系统中的其他项目是否也可能面临类似的问题。

Community Response and Market Repercussions

社区反应和市场反响

The Essence Finance token's crash has also led to increased market activity, with CHI’s trading volume surging to over $45 million amid a wave of panic selling.

Essence Finance 代币的暴跌也导致市场活动增加，在恐慌性抛售浪潮中，CHI 的交易量飙升至超过 4500 万美元。

With only 133 recorded holders, CHI's drop has increased concerns about concentrated risk and potential liquidity issues within Essence Finance's pools.

CHI 的记录持有者仅有 133 名，其下跌加剧了人们对 Essence Finance 资金池内集中风险和潜在流动性问题的担忧。

It is worth noting that Essence Finance has not yet addressed the situation, leaving investors to rely on speculative posts on social media.

值得注意的是，安信金融尚未解决这一问题，投资者只能依赖社交媒体上的投机帖子。

In the wake of the crash, Twitter has become a hot spot for the discussions, with Wu Blockchain’s post talking about the missing $20 million in collateral quickly spread across the crypto space.

崩盘之后，Twitter 成为了讨论的热点，Wu Blockchain 的帖子谈到了丢失的 2000 万美元抵押品，很快就在加密货币领域传播开来。

Scroll ecosystem stablecoin project Essence Finance is suspected of rugpulled, its stablecoin CHI has fallen by more than 92% to $0.077 in the past 24h, more than $20 million of collateral is suspected to have been removed. The last tweet was posted on September 11. The audit…

Scroll生态系统稳定币项目Essence Finance涉嫌受拉，其稳定币CHI在过去24小时内下跌超过92%至0.077美元，超过2000万美元的抵押品疑似被移除。最后一条推文发布于 9 月 11 日。审计……

Many people in the Web3 community are now calling on Essence Finance and Scroll to address the situation directly to restore confidence. As the news spreads, the future of CHI and its impact on the Scroll ecosystem remain uncertain.

Web3 社区的许多人现在呼吁 Essence Finance 和 Scroll 直接解决这一问题，以恢复信心。随着消息的传播，CHI 的未来及其对 Scroll 生态系统的影响仍然不确定。