欧盟委员会在日益严格的审查中启动 DeFi 监控项目

欧盟委员会正在探索对以太坊区块链上的实时 DeFi 活动进行自动数据收集和监督监控的潜力。此举表明人们对去中心化金融领域的监管越来越感兴趣，旨在加强审查并建立更简化的合规方法。

European Commission Embarks on Research Project to Enhance Oversight of Decentralized Finance (DeFi) Protocols

欧盟委员会启动研究项目以加强对去中心化金融（DeFi）协议的监管

Brussels, Belgium - The European Commission (EC) has initiated a research project aimed at exploring the feasibility of implementing automated supervisory monitoring of decentralized finance (DeFi) protocols. This initiative underscores the growing interest and scrutiny of DeFi within the European Union.

比利时布鲁塞尔 - 欧盟委员会 (EC) 启动了一个研究项目，旨在探索对去中心化金融 (DeFi) 协议实施自动监管监控的可行性。这一举措凸显了欧盟内部对 DeFi 日益增长的兴趣和审查。

The project, titled "Embedded supervision of decentralized finance (DeFi) protocols," will investigate the potential of directly gathering data from the Ethereum blockchain to enable real-time supervision of DeFi activity. This effort suggests that European policymakers are keen on fostering greater oversight within the rapidly evolving DeFi landscape.

该项目名为“去中心化金融（DeFi）协议的嵌入式监管”，将研究直接从以太坊区块链收集数据以实现 DeFi 活动实时监管的潜力。这一努力表明，欧洲政策制定者热衷于在快速发展的 DeFi 领域加强监管。

Origins and Evolution of DeFi

DeFi 的起源与演变

DeFi, a burgeoning sector of the financial industry, has witnessed a surge in popularity in recent years. Platforms such as Uniswap and Pancakeswap have catalyzed the growth of this decentralized ecosystem, which has been characterized by both lucrative opportunities and market volatility.

DeFi 作为金融行业的一个新兴领域，近年来人气飙升。 Uniswap 和 Pancakeswap 等平台促进了这个去中心化生态系统的发展，其特点是利润丰厚的机会和市场波动。

In 2020, the introduction of yield farming and liquidity mining paved the way for DeFi projects to raise funds swiftly and spurred a lucrative yet unpredictable market for associated tokens. The industry's rapid ascent fueled widespread public interest and sparked discussions about its potential to revolutionize the financial landscape.

2020年，流动性挖矿和流动性挖矿的引入为 DeFi 项目迅速筹集资金铺平了道路，并刺激了相关代币的利润丰厚但不可预测的市场。该行业的快速崛起引发了公众的广泛兴趣，并引发了关于其彻底改变金融格局的潜力的讨论。

Proponents of DeFi have heralded the emergence of "DeFi millionaires" and the exponential growth of decentralized exchanges as evidence of its transformative potential. Critics, however, have voiced concerns about the sustainability of this growth and the potential for a market correction.

DeFi 的支持者宣称“DeFi 百万富翁”的出现和去中心化交易所的指数级增长是其变革潜力的证据。然而，批评者对这种增长的可持续性和市场调整的可能性表示担忧。

DeFi's Maturation and Institutional Acceptance

DeFi 的成熟和机构接受度

The crypto market crash in the spring of 2022 served as a catalyst for reflection within the DeFi community. Despite the downturn, the year may mark a watershed moment for the industry, as it evolves towards mainstream adoption.

2022 年春季的加密货币市场崩盘引发了 DeFi 社区的反思。尽管经济低迷，但今年可能标志着该行业的一个分水岭，因为它正在向主流采用发展。

The initial years of DeFi were characterized by high risk and a lack of regulation, which has deterred institutional participation. However, recent initiatives, such as Aave Arc, aim to bridge the gap between DeFi and traditional finance.

DeFi 最初几年的特点是风险高、缺乏监管，这阻碍了机构参与。然而，最近的举措，例如 Aave Arc，旨在弥合 DeFi 和传统金融之间的差距。

Aave Arc seeks to facilitate institutional involvement in compliant DeFi by eliminating the anonymity associated with traditional DeFi and establishing a "permission liquidity pool" accessible only to vetted and compliant institutions.

Aave Arc 旨在通过消除与传统 DeFi 相关的匿名性并建立仅对经过审查且合规的机构开放的“许可流动性池”来促进机构参与合规 DeFi。

Anubi Digital, an Italian crypto custodian serving businesses, institutional investors, and high-net-worth individuals, has become one of the project's whitelisted financial institutions. This week, Anubi Digital launched its DeFi offering, DUO, a liquidity staking service that enables clients to participate in Uniswap liquidity pools using euros or crypto assets.

Anubi Digital 是一家为企业、机构投资者和高净值个人提供服务的意大利加密货币托管机构，已成为该项目列入白名单的金融机构之一。本周，Anubi Digital 推出了 DeFi 产品 DUO，这是一项流动性质押服务，使客户能够使用欧元或加密资产参与 Uniswap 流动性池。

Regulatory Oversight and the Future of DeFi

监管监督和 DeFi 的未来

The increasing involvement of regulated financial institutions signals a shift towards mainstream acceptance and the potential for greater regulatory oversight.

受监管金融机构的日益参与标志着向主流接受的转变以及加强监管的潜力。

DeFi projects and platforms are typically governed by decentralized autonomous organizations (DAOs), comprised of anonymous token-holders with voting rights that can change frequently. This distributed governance structure presents challenges in terms of accountability and liability.

DeFi 项目和平台通常由去中心化自治组织 (DAO) 管理，该组织由匿名代币持有者组成，投票权可能经常发生变化。这种分布式治理结构在问责制和责任方面提出了挑战。

Regulatory authorities are exploring mechanisms to address these issues. The presence of regulatory oversight could foster greater confidence and stability within the DeFi ecosystem, facilitating its integration with the traditional financial system.

监管机构正在探索解决这些问题的机制。监管的存在可以增强 DeFi 生态系统的信心和稳定性，促进其与传统金融体系的融合。

Conclusion

结论

The European Commission's research project underscores the growing importance of DeFi and the need for appropriate supervisory mechanisms. As DeFi continues to mature and gain mainstream acceptance, policymakers are tasked with striking a balance between fostering innovation and ensuring the stability and integrity of the financial marketplace.

欧盟委员会的研究项目强调了 DeFi 日益增长的重要性以及适当监管机制的必要性。随着 DeFi 不断成熟并获得主流接受，政策制定者的任务是在促进创新和确保金融市场的稳定性和完整性之间取得平衡。