odin.fun成为一种新的泵。

由于Solana上的泵热量逐渐消退，因此许多新项目仍然乐于改善基于泵模型的企业家精神

Since the pump.fun craze on Solana has gradually subsided, many new projects are still happy to improve entrepreneurship based on the pump model, such as time.fun, Super.exchange and takes.fun.

由于Solana上的泵。Fun热潮逐渐消退，因此许多新项目仍然乐于改善基于泵模型的企业家精神，例如Time.fun，super.exchange and take.fun。

Recently, a Runes asset issuance and trading platform with the same core as pump.fun has emerged in the Bitcoin ecosystem - Odin.Fun, and its popularity has gradually increased in the past month. According to official disclosures, in the past 30 days, the transaction volume of the Odin Fun platform exceeded 1,000 BTC (about 84 million US dollars), the number of platform addresses exceeded 37,000, and the market value of the leading rune ODINDOG•ID•YTTL•ODIN reached a maximum of 35 million US dollars.

最近，一个具有与Pump.Fun相同的核心的资产发行和交易平台在比特币生态系统中出现了 - Odin.Fun及其在过去一个月中的受欢迎程度逐渐增加。根据官方披露，在过去的30天中，Odin Fun平台的交易量超过1,000 BTC（约8400万美元），平台地址的数量超过37,000，领先的Rune Odindog•ID•ID•YTTL•ODIN的市场价值达到了3500万美元。

Can the emergence of Odin.Fun inject new vitality into the long-sluggish Bitcoin ecosystem? In this article, Odaily Planet Daily will briefly introduce the gameplay of Odin.Fun and the current popular tokens for readers' reference.

Odin.fun的出现是否可以注入长长的比特币生态系统？在本文中，Odaily Planet Daily将简要介绍Odin.Fun的游戏玩法和当前流行的读者参考的流行令牌。

Odin Fun Introduction: pump.fun + Rune AMM

Odin Fun介绍：pump.fun +符文AMM

Odin.Fun was officially launched on February 3. In essence, it is an asset issuance platform that hopes to use the pump model to improve the liquidity of runes. It is led by Bitcoin ecosystem OG and serial entrepreneur BoB.

Odin.Fun于2月3日正式启动。本质上，它是一个资产发行平台，希望使用泵模型来改善符文的流动性。它由比特币生态系统OG和串行企业家Bob领导。

Therefore, Odin.Fun also has internal and external disks. Users can spend 3333 sats (about 2.8 US dollars) to create internal disk runes. The total amount is fixed at 21 million. When the joint curve progress reaches 100% (the rune market value reaches 1 BTC), the runes created by the user will be truly etched into the Bitcoin mainnet, which is also called Ascend (login) on Odin.fun.

因此，Odin.Fun还具有内部和外部磁盘。用户可以花费3333个SAT（约2.8美元）来创建内部磁盘符文。总金额定为2100万。当关节曲线进度达到100％（符文市场价值达到1 BTC）时，用户创建的符文将真正刻在比特币主网中，该比特币主网也称为odin.fun上的Ascend（login）。

But unlike pump.fun, which has only just begun to think of building its own AMM, Odin.Fun has built an AMM pool on the platform from the beginning. When the internal rune is logged in, 20% of the token supply and 0.2BTC will be deposited into the AMM pool for trading. At this point, the price of the token will also be traded along the AMM curve (k = X * Y) instead of the joint curve (y = e^x). For the logged-in runes, users can choose to add liquidity to the corresponding pool to earn handling fees.

但是，与Pump.Fun不同，Fun才刚刚开始考虑建立自己的AMM，Odin.Fun从一开始就在平台上建立了一个AMM池。登录内部符文时，将有20％的令牌供应和0.2BTC存放到AMM池中进行交易。在这一点上，令牌的价格也将沿AMM曲线（k = x * y）而不是关节曲线（y = e^x）进行交易。对于已登录的符文，用户可以选择在相应的池中增加流动性以赚取处理费。

The existence of the Rune AMM on the Odin.Fun platform has also greatly improved the liquidity of the Rune, allowing users to trade Runes and add/remove liquidity in seconds. At the same time, the Odin.Fun platform also adopts different charging strategies. If the Rune is still in the internal disk, Odin.Fun charges a 1% handling fee for all transactions (similar to pump.fun). If the Rune has been successfully etched, Odin.Fun charges a 0.5% AMM Swap fee (0.3% of which goes to the liquidity provider).

Fun平台上的符文AMM的存在也大大提高了符文的流动性，使用户可以在几秒钟内交易符文并添加/删除流动性。同时，ODIN.FUN平台还采用了不同的充电策略。如果符文仍在内部磁盘中，则ODIN.FUN为所有交易（类似于Pump.Fun）收取1％的处理费。如果符文已成功蚀刻，Odin.Fun收取0.5％的AMM交换费（其中0.3％用于流动性提供商）。

How secure are user assets?

用户资产的安全程度如何？

Recently, there has been a lot of debate in the community about the security of user assets on the Odin.Fun platform. Some users believe that Odin.Fun has the risk of swallowing up the user's BTC principal. The reason is that Odin.Fun is not built on the Bitcoin mainnet, but on a behind-the-scenes network called Valhalla, so users need to deposit BTC into the Odin.Fun platform to participate in new issuance and trading. According to information provided by Odin.Fun officials, Valhalla supports 2-second finality, provides decentralized Bitcoin deposits and withdrawals (TSS), and waives all gas fees.

最近，社区中有关ODIN.FUN平台上用户资产的安全性有很多争论。一些用户认为Odin.Fun有吞噬用户BTC主体的风险。原因是odin.fun不是在比特币主网上构建的，而是在名为Valhalla的幕后网络上，因此用户需要将BTC存入ODIN.FUN平台以参与新的发行和交易。根据Odin.Fun官员提供的信息，Valhalla支持2秒的终结性，提供分散的比特币存款和提款（TSS），并免除所有汽油费。

Regarding the BTC deposit, Odin.Fun said that it uses a threshold signature (TSS) mechanism similar to ICP, and the tokens deposited in Odin.Fun are protected by a special multi-party computation (MPC). This means that there is a group of decentralized entities, each with a unique share of private keys, and they can receive and send assets together at any time.

关于BTC沉积物，Odin.Fun表示，它使用类似于ICP的阈值签名（TSS）机制，并且沉积在Odin.Fun中的代币受到特殊多方计算（MPC）的保护。这意味着有一组分散的实体，每个实体都有独特的私钥份额，并且可以随时接收和发送资产。

Previously, community player @Real0xJason said that the BTC held by users on Odin.Fun is essentially ckBTC existing on the ICP public chain, and its ultimate security guarantee comes from the ICP public chain. There is no need for a cross-chain bridge between ICP and the Bitcoin mainnet. ICP's chain fusion encryption technology allows its smart contracts to interact directly with other networks, so it is more secure than the wrapped BTC generated by the general Bitcoin L2 through a cross-chain bridge.

此前，社区播放器 @real0xjason表示，用户在odin.fun上持有的BTC本质上是ICP公共连锁店中存在的CKBTC，其最终安全保证来自ICP公共链。 ICP和比特币主网之间不需要跨链桥。 ICP的链条融合加密技术允许其智能合约直接与其他网络进行交互，因此它比一般比特币L2通过跨链桥产生的包裹的BTC更安全。

But these are all speculations made by the community based on limited information. BOB has not yet made a comprehensive response to the security of user deposits. However, it has stated that if L2 is redefined as anything that builds a seamless Bitcoin product, then Odin is an application chain or L2.

但是这些都是社区基于有限的信息做出的猜测。鲍勃尚未对用户存款的安全性做出全面的回应。但是，它已经指出，如果将L2重新定义为构建无缝比特币产品的任何东西，那么Odin是应用程序链或L2。

Specific gameplay

特定的游戏玩法

Even though the debate about the security of Odin.Fun has not stopped, it is always worthwhile to actively participate in and experience new

即使关于odin的安全性的辩论尚未停止，但始终值得积极参与并体验新