XRPL AMM 揭穿：联合创始人澄清对 XRP 流动性和无常损失的误解

Anodos Finance 联合创始人 Panos Mekras 解决了对今年早些时候实施的 XRP Ledger (XRPL) 自动做市商 (AMM) 的误解。 Mekras 澄清说，提供可产生收入和费用的流动性是一项单独的策略，不需要使用旨在持有的 XRP 代币。用户应该关注总利润而不是平衡持仓，因为 DeFi 生态系统中的无常损失在某些情况下可能是有益的。

Automated Market Maker on XRP Ledger Clarified by Co-Founder

联合创始人澄清 XRP Ledger 上的自动做市商

Amidst the recent launch of the Automated Market Maker (AMM) on the XRP Ledger (XRPL), Panos Mekras, co-founder of Anodos Finance, has endeavored to dispel misconceptions surrounding its mechanics.

最近在 XRP Ledger (XRPL) 上推出自动做市商 (AMM)，Anodos Finance 联合创始人 Panos Mekras 努力消除对其机制的误解。

Addressing Confusion over XRP Liquidity Provision

解决 XRP 流动性供应的混乱问题

Mekras has emphasized that users are not obligated to provide XRP as liquidity when utilizing the XRPL AMM. This clarification arises from some misunderstandings that have emerged alongside technical difficulties experienced by the platform.

Mekras 强调，用户在使用 XRPL AMM 时没有义务提供 XRP 作为流动性。这一澄清是由于平台遇到的技术困难而出现的一些误解。

The Anodos Finance executive elucidated that liquidity provision should be perceived as a distinct income-generating strategy. Users are not required to contribute XRP tokens intended for retention. "Your focus as a liquidity provider should be on the income and fees accrued from trading activities," Mekras explained. "The relative amounts of assets held on either side are secondary considerations."

Anodos Finance 高管阐明，流动性供应应被视为一种独特的创收策略。用户无需贡献用于保留的 XRP 代币。 “作为流动性提供者，您的重点应该放在交易活动中产生的收入和费用上，”梅克拉斯解释道。 “双方持有的资产相对数额是次要考虑因素。”

Clarification on Impermanent Losses

关于无常损失的澄清

Mekras further addressed concerns regarding impermanent losses, a potential financial risk associated with liquidity provision on the XRPL AMM within the Decentralized Finance (DeFi) ecosystem. He highlighted that these losses can be both beneficial and detrimental.

Mekras 进一步解决了对无常损失的担忧，这是与去中心化金融 (DeFi) 生态系统中 XRPL AMM 流动性提供相关的潜在金融风险。他强调，这些损失既可能是有益的，也可能是有害的。

In certain scenarios, impermanent losses can actually be advantageous for users. Mekras cited examples where such losses potentially translate into increased profits.

在某些情况下，无常损失实际上对用户来说是有利的。梅克拉斯列举了此类损失可能转化为利润增加的例子。

Summary of Clarifications

澄清摘要

To provide additional clarity, Mekras outlined the following key points on Twitter:

为了更加明确，梅克拉斯在 Twitter 上概述了以下要点：

• Users are not required to provide XRP liquidity.
• Liquidity provision should be considered as a separate income strategy, distinct from asset holding.
• Liquidity providers prioritize income and fees generated by trading activities.
• Impermanent losses can be either positive or negative, depending on specific circumstances.

Mekras's elucidations aim to mitigate confusion and provide a more comprehensive understanding of the XRPL AMM for the general public.

用户不需要提供 XRP 流动性。流动性提供应被视为一种单独的收入策略，与资产持有不同。流动性提供者优先考虑交易活动产生的收入和费用。无常损失可以是正数，也可以是负数，具体取决于具体情况。 Mekras 的阐述旨在减少混淆，并为公众提供对 XRPL AMM 更全面的了解。