Poloniex 基于 Tron 的 WBTC 产品因折扣和缺乏透明度而发出危险信号

Justin Sun 旗下的 Poloniex 在 Tron 上提供打包比特币 (WBTC) 产品，目前交易价格大幅折扣超过 20%。由于对储备透明度的担忧，Poloniex 没有按照承诺提供储备证明，并且仍不清楚支持 WBTC 产品的比特币的位置。 Poloniex 和 Sun 建议的 HTX 之间的相互联系引发了人们对这些关系的性质和潜在风险的质疑。HTX 在 Tron 产品上的 WBTC 中持有很大一部分比特币。

Poloniex's Wrapped Bitcoin Product on Tron Raises Concerns Amidst Discount and Lack of Transparency

Poloniex 在 Tron 上打包的比特币产品引发折扣和缺乏透明度的担忧

Poloniex, a cryptocurrency exchange controlled by the prominent figure Justin Sun, has come under scrutiny for its wrapped bitcoin (WBTC) product on the Tron blockchain. The product, known as WBTC on Tron, has been trading at a substantial discount of over 20% on Poloniex in recent times.

由名人孙宇晨控制的加密货币交易所 Poloniex 因其 Tron 区块链上的打包比特币 (WBTC) 产品而受到审查。该产品在 Tron 上被称为 WBTC，最近在 Poloniex 上的交易价格大幅折扣超过 20%。

The market for WBTC on Tron has exhibited minimal activity, with virtually no trading volume over the past day. Moreover, only 79% of the WBTC in circulation on Tron has been exchanged against bitcoin itself.

Tron 上的 WBTC 市场活动很少，过去一天几乎没有交易量。此外，Tron 上流通的 WBTC 中只有 79% 被兑换成比特币本身。

Poloniex has not yet fulfilled its commitment to provide Protos, a reputable media outlet, with a "proof-of-reserves" for the WBTC product. The exchange has also remained tight-lipped about the location of the bitcoin reserves backing the WBTC on Tron offering.

Poloniex 尚未履行向知名媒体 Protos 提供 WBTC 产品“储备证明”的承诺。该交易所对于支持 Tron 上的 WBTC 发行的比特币储备的位置也一直守口如瓶。

Protos has repeatedly reached out to Poloniex in an attempt to ascertain the status of the product's reserves, the timeline for the promised proof-of-reserves, and the nature of the relationship between Sun-owned Poloniex and Sun-advised HTX.

Protos 多次与 Poloniex 联系，试图确定该产品储备的状况、承诺的储备证明的时间表，以及 Sun 旗下的 Poloniex 和 Sun 建议的 HTX 之间关系的性质。

The final aspect holds particular significance, as a substantial portion of the bitcoin held by HTX, formerly known as Huobi, is part of the WBTC on Tron product offered by Poloniex. According to HTX's most recent proof-of-reserves, WBTC on Tron constitutes over half of the bitcoins held by the exchange, representing more than 14,400 bitcoins valued at approximately $900 million.

最后一个方面具有特别重要的意义，因为 HTX（以前称为 Huobi）持有的比特币的很大一部分是 Poloniex 提供的 WBTC on Tron 产品的一部分。根据 HTX 最新的储备证明，Tron 上的 WBTC 占该交易所持有的比特币的一半以上，相当于 14,400 多个比特币，价值约 9 亿美元。

Additional ties between Poloniex and HTX have also been noted. For instance, the Poloniex support website hosts the "Huobi Platform User Agreement" page, indicating a possible connection between the two platforms.

Poloniex 和 HTX 之间的其他联系也已引起关注。例如，Poloniex支持网站上有“火币平台用户协议”页面，表明两个平台之间可能存在联系。

Furthermore, the WBTC on Tron offering is not isolated to HTX and Poloniex. JustLend, another Sun-affiliated entity, holds approximately 92,000 bitcoins valued at roughly $5.6 billion in WBTC on Tron.

此外，Tron 上的 WBTC 产品并不孤立于 HTX 和 Poloniex。 JustLend 是 Sun 旗下的另一家实体，在 Tron 上持有约 92,000 个 WBTC 比特币，价值约 56 亿美元。

The significant discount in the market, coupled with the issuer's reluctance to disclose the location of the product's reserves, raises concerns about the overall stability of this WBTC offering and its potential impact on the broader cryptocurrency ecosystem.

市场大幅折扣，加上发行人不愿透露产品储备的位置，引发了人们对 WBTC 产品整体稳定性及其对更广泛的加密货币生态系统潜在影响的担忧。

As of the date of this report, Poloniex has not provided a comprehensive response to Protos' inquiries. The situation remains under close scrutiny, and updates will be provided as they become available.

截至本报告发布之日，Poloniex 尚未对 Protos 的询问做出全面回应。目前情况仍在密切关注中，并将及时提供最新情况。