MarginFi 即将推出的 XBY 稳定币将彻底改变 Solana DeFi 生态系统

Solana 第六大 DeFi 协议 MarginFi 计划于本月推出其可产生收益的去中心化稳定币 XBY。该稳定币由基于 SOL 的流动性质押协议支持，旨在减少 Solana 对中心化稳定币的依赖。尽管首席执行官埃德加·帕夫洛夫斯基 (Edgar Pavlovsky) 最近离职，MarginFi 仍确认了其对去中心化的承诺，并计划在未来引入治理代币。

MarginFi's Upcoming XBY Stablecoin: A Game-Changer for Solana's DeFi Ecosystem

MarginFi 即将推出的 XBY 稳定币：Solana DeFi 生态系统的游戏规则改变者

Solana Crossroads 2024 Conference, March 14, 2023: MarginFi, a prominent decentralized finance (DeFi) protocol on the Solana blockchain, has unveiled its ambitious plans to launch XBY, a revolutionary yield-accruing decentralized stablecoin, this month.

Solana Crossroads 2024 会议，2023 年 3 月 14 日：Solana 区块链上著名的去中心化金融 (DeFi) 协议 MarginFi 公布了其雄心勃勃的计划，即将于本月推出革命性的、可产生收益的去中心化稳定币 XBY。

MacBrennan Peet, MarginFi's co-founder, took the stage at the Solana Crossroads 2024 conference to announce the impending launch. He emphasized that XBY will be fully collateralized by Solana-based liquid staking protocols (LSTs), breaking Solana's heavy reliance on centralized stablecoins like USDC.

MarginFi 联合创始人 MacBrennan Peet 在 Solana Crossroads 2024 会议上登台宣布即将推出。他强调，XBY 将由基于 Solana 的流动性质押协议（LST）全额抵押，打破了 Solana 对 USDC 等中心化稳定币的严重依赖。

"Solana DeFi is currently entirely reliant on USDC," Peet stated. "If USDC were to lose its peg as it did a year ago, the ecosystem would be in dire straits."

“Solana DeFi 目前完全依赖 USDC，”Peet 表示。 “如果 USDC 像一年前那样失去挂钩，生态系统将陷入困境。”

To ensure a robust launch, MarginFi has already secured approximately $12 million in committed liquidity and aims to attract over $100 million before the deployment.

为了确保强劲的启动，MarginFi 已获得约 1200 万美元的承诺流动性，并计划在部署前吸引超过 1 亿美元。

The news of XBY's impending launch comes after MarginFi's former CEO, Edgar Pavlovsky, abruptly resigned last month. Media reports attributed the departure to a disagreement over the issuance of a governance token.

XBY 即将推出的消息是在 MarginFi 前首席执行官埃德加·帕夫洛夫斯基 (Edgar Pavlovsky) 上个月突然辞职后传出的。媒体报道将其离职归因于对治理代币发行的分歧。

However, Peet clarified that the resignation was unrelated to the token question, attributing it instead to the intense demands of running a fast-paced, 24/7 on-chain finance protocol.

然而，皮特澄清说，辞职与代币问题无关，而是将其归因于运行快节奏、24/7 的链上金融协议的强烈需求。

"There were no real disagreements over a token," Peet stated. "Building a DeFi protocol is a stressful, 24/7 job."

“对于代币，没有真正的分歧，”皮特说。 “构建 DeFi 协议是一项压力很大、24/7 的工作。”

Despite Pavlovsky's departure, MarginFi remains committed to issuing a governance token in the future. "MarginFi is designed to be decentralized, and a token is an integral part of that," Peet said. "However, we believe a token should hold real value and governance weight, not be issued simply for the sake of it."

尽管 Pavlovsky 离开，MarginFi 仍然致力于在未来发行治理代币。 “MarginFi 的设计目的是去中心化，而代币是其中不可或缺的一部分，”皮特说。 “然而，我们认为代币应该具有真正的价值和治理权重，而不是仅仅为了发行而发行。”

XBY Stablecoin: Unraveling the Mechanics

XBY 稳定币：揭开机制

XBY will be a rebasing stablecoin, meaning its value will fluctuate over time based on the yield generated. Initially, these yields will stem from the staking rewards earned by the LST collateral. MarginFi lending yields will also be incorporated at a later stage.

XBY 将是一种基础稳定币，这意味着它的价值将根据产生的收益率随着时间的推移而波动。最初，这些收益将来自 LST 抵押品获得的质押奖励。 MarginFi 贷款收益率也将在稍后阶段纳入。

"MarginFi users have already deposited hundreds of millions of dollars in LSTs into the protocol, ready to be used as collateral for XBY minting from day one," Peet noted.

“MarginFi 用户已经将数亿美元的 LST 存入该协议，从第一天起就可以用作 XBY 铸币的抵押品，”Peet 指出。

Furthermore, "major protocols and DEXes within Solana's ecosystem plan to support XBY," Peet said, offering users additional yield-generating opportunities.

此外，Peet 表示，“Solana 生态系统内的主要协议和 DEX 计划支持 XBY”，为用户提供额外的创收机会。

Peet acknowledged that XBY's market capitalization will be influenced by the market cap of SOL-based LSTs. MarginFi intends to expand its supported collateral in the future to diversify the portfolio.

Peet 承认，XBY 的市值将受到基于 SOL 的 LST 市值的影响。 MarginFi 打算在未来扩大其支持的抵押品，以实现投资组合的多元化。

Beyond XBY: MarginFi's Integrated Stableswap Feature

超越 XBY：MarginFi 的集成稳定交换功能

In a further innovation, MarginFi is preparing to launch an "integrated stableswap" feature following XBY's deployment. This product will enable users to trade between stablecoins using existing liquidity, simultaneously earning lending yields and swap fees.

在进一步的创新中，MarginFi 正准备在 XBY 部署后推出“集​​成稳定交换”功能。该产品将使用户能够利用现有的流动性在稳定币之间进行交易，同时赚取贷款收益率和互换费用。

"This feature will revolutionize the way users interact with stablecoins on Solana," Peet said. "It will create a more efficient and profitable marketplace for all."

“这一功能将彻底改变用户在 Solana 上与稳定币交互的方式，”Peet 说。 “它将为所有人创造一个更高效、更有利可图的市场。”

Conclusion

结论

MarginFi's upcoming XBY stablecoin and integrated stableswap feature represent significant advancements in Solana's DeFi landscape. By diversifying away from centralized stablecoins and offering innovative yield-generating mechanisms, MarginFi is empowering Solana DeFi to reach new heights.

MarginFi 即将推出的 XBY 稳定币和集成的稳定掉期功能代表了 Solana DeFi 领域的重大进步。通过摆脱中心化稳定币的多元化并提供创新的收益生成机制，MarginFi 正在帮助 Solana DeFi 达到新的高度。

As XBY nears its launch, the Solana community eagerly awaits its arrival. This groundbreaking stablecoin has the potential to reshape the DeFi landscape, offering increased stability, yield-earning opportunities, and a more robust foundation for Solana's decentralized finance ecosystem.

随着 XBY 即将推出，Solana 社区热切等待它的到来。这种突破性的稳定币有潜力重塑 DeFi 格局，提供更高的稳定性、收益机会，并为 Solana 去中心化金融生态系统奠定更坚实的基础。