{"id":14875,"date":"2022-07-16T06:35:48","date_gmt":"2022-07-16T06:35:48","guid":{"rendered":"https:\/\/nipoto.com\/mag\/?p=14875"},"modified":"2022-07-16T08:15:49","modified_gmt":"2022-07-16T08:15:49","slug":"a-beginners-guide-on-algorithmic-stablecoins","status":"publish","type":"post","link":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/","title":{"rendered":"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)"},"content":{"rendered":"

\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0686\u06cc\u0633\u062a\u061f \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627 (stablecoin)\u060c \u0627\u0631\u0632\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\u06cc \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u0628\u0647 \u062f\u0644\u0627\u0631 \u0622\u0645\u0631\u06cc\u06a9\u0627 \u0648\u0627\u0628\u0633\u062a\u0647 \u0647\u0633\u062a\u0646\u062f \u0648 \u0631\u0648\u06cc \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646 \u06a9\u0627\u0631 \u0645\u06cc \u06a9\u0646\u0646\u062f. \u0628\u0647 \u062f\u0644\u06cc\u0644 \u0647\u0632\u06cc\u0646\u0647 \u0647\u0627\u06cc \u0648\u0627\u0633\u0637\u0647 \u06af\u0631\u06cc \u06a9\u0645\u062a\u0631 \u0628\u0631\u0627\u06cc \u0641\u0639\u0627\u0644\u06cc\u062a \u062f\u0631 \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646\u060c \u0622\u0646\u0647\u0627 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0627\u0631\u0632\u0647\u0627\u06cc \u0648\u0627\u0633\u0637\u0647 (vehicle currencies) \u0628\u0631\u0627\u06cc \u0645\u0639\u0627\u0645\u0644\u0647 \u062f\u0627\u0631\u0627\u06cc\u06cc \u0647\u0627\u06cc \u0627\u0631\u0632\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u0646\u062f. \u0628\u0627\u0632\u062f\u0647\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u060c \u062a\u0645\u0631\u06a9\u0632\u0632\u062f\u0627\u06cc\u06cc \u0648 \u062b\u0628\u0627\u062a \u067e\u06cc\u0648\u0646\u062f\u060c \u0633\u0647 \u0647\u062f\u0641 \u0637\u0631\u0627\u062d\u06cc \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0633\u062a\u0646\u062f.<\/p>\n

\u0631\u0627\u06cc\u062c \u062a\u0631\u06cc\u0646 \u0646\u0648\u0639 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0645\u062a\u0645\u0631\u06a9\u0632 (centralized stablecoins) \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u062a\u0648\u0633\u0637 \u062a\u062a\u0631 \u0647\u062f\u0627\u06cc\u062a \u0645\u06cc \u0634\u0648\u0646\u062f \u0648 \u062f\u0627\u0631\u0627\u06cc\u06cc \u0647\u0627\u06cc \u0646\u0642\u062f\u06cc \u0648 \u0627\u0648\u0631\u0627\u0642 \u062a\u062c\u0627\u0631\u06cc \u06a9\u0645\u062a\u0631\u06cc \u0631\u0627 \u062f\u0631 \u062a\u0631\u0627\u0632\u0646\u0627\u0645\u0647 \u062e\u0648\u062f \u06af\u0646\u062c\u0627\u0646\u062f\u0647 \u0627\u0646\u062f. DAI \u06a9\u0647 \u0628\u0647 MakerDAO \u062a\u0639\u0644\u0642 \u062f\u0627\u0631\u062f \u0645\u0633\u0626\u0648\u0644 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u063a\u06cc\u0631\u0645\u062a\u0645\u0631\u06a9\u0632 \u0627\u0633\u062a. \u0627\u0641\u0631\u0627\u062f \u0628\u0627 \u0633\u067e\u0631\u062f\u0647 \u06af\u0630\u0627\u0631\u06cc \u0648\u062b\u06cc\u0642\u0647 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\u060c \u062a\u0648\u06a9\u0646 \u0647\u0627\u06cc DAI \u0631\u0627 \u062f\u0631\u06cc\u0627\u0641\u062a \u0645\u06cc \u06a9\u0646\u0646\u062f (\u0645\u0639\u0645\u0648\u0644\u0627\u064b \u0627\u062a\u0631 (ETH)<\/a> \u062f\u0631 \u0645\u0648\u0642\u0639\u06cc\u062a \u0647\u0627\u06cc \u0628\u06cc\u0634 \u0627\u0632 \u062d\u062f \u0648\u062b\u06cc\u0642\u0647 \u06af\u0630\u0627\u0631\u06cc \u0634\u062f\u0647 \u0627\u0633\u062a). \u0628\u0627 \u0627\u06cc\u0646 \u062d\u0627\u0644\u060c \u0622\u0646\u0647\u0627 \u0628\u0627 \u0648\u062c\u0648\u062f \u0622\u0646\u06a9\u0647 \u063a\u06cc\u0631\u0645\u062a\u0645\u0631\u06a9\u0632 \u0647\u0633\u062a\u0646\u062f\u060c \u0627\u0645\u0627 \u0646\u0633\u0628\u062a \u0628\u0647 \u0647\u0645\u062a\u0627\u06cc\u0627\u0646 \u0645\u062a\u0645\u0631\u06a9\u0632 \u062e\u0648\u062f \u0633\u0648\u062f \u0633\u0631\u0645\u0627\u06cc\u0647 \u06a9\u0645\u062a\u0631\u06cc \u062f\u0627\u0631\u0646\u062f.<\/p>\n

\u062f\u0633\u062a\u0647 \u0633\u0648\u0645 \u06a9\u0647 \u062a\u0648\u0633\u0637 TerraUSD \u0631\u0647\u0628\u0631\u06cc \u0645\u06cc \u0634\u0648\u0646\u062f\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u0627\u063a\u0644\u0628 \u06a9\u0645 \u0648\u062b\u06cc\u0642\u0647 \u06af\u0630\u0627\u0631\u06cc \u0645\u06cc\u0634\u0648\u0646\u062f. \u06cc\u06a9 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u06cc\u06a9 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0627\u0633\u062a \u0648 \u062a\u0648\u0633\u0637 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u200c\u0647\u0627\u06cc\u06cc (\u06cc\u0639\u0646\u06cc \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0647\u0648\u0634\u0645\u0646\u062f) \u06a9\u0646\u062a\u0631\u0644 \u0645\u06cc\u200c\u0634\u0648\u062f \u062a\u0627 \u0628\u0647 \u0635\u0648\u0631\u062a \u067e\u0648\u06cc\u0627 \u0646\u0648\u0633\u0627\u0646 \u0642\u06cc\u0645\u062a \u06cc\u06a9 \u062f\u0627\u0631\u0627\u06cc\u06cc \u062e\u0627\u0635\u060c \u0645\u0627\u0646\u0646\u062f \u062f\u0644\u0627\u0631 \u0622\u0645\u0631\u06cc\u06a9\u0627 \u0631\u0627 \u06a9\u0627\u0647\u0634 \u062f\u0647\u062f.<\/p>\n

\u067e\u0631\u0648\u062a\u06a9\u0644 \u0645\u0628\u062a\u0646\u06cc \u0628\u0631 \u06a9\u0627\u0632\u0645\u0627\u0633 \u0628\u0647 \u0646\u0627\u0645 \u062a\u0631\u0627 (Terra) \u0645\u062c\u0645\u0648\u0639\u0647 \u0627\u06cc \u0627\u0632 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0631\u0627 \u062a\u0642\u0648\u06cc\u062a \u0645\u06cc\u06a9\u0646\u062f \u0648 \u0627\u0632 \u06a9\u0648\u06cc\u0646 \u0644\u0648\u0646\u0627 (LUNA) \u0628\u0631\u0627\u06cc \u062d\u0641\u0638 \u067e\u06cc\u0648\u0646\u062f \u0647\u0627\u06cc \u062e\u0648\u062f \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u06a9\u0646\u0646\u062f.\u00a0 TerraUSD \u0627\u0632 \u06cc\u06a9 \u0637\u0631\u0627\u062d\u06cc \u0628\u0627 \u0628\u0627\u0632\u062f\u0647\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647 \u0628\u06cc\u0634\u062a\u0631\u06cc \u067e\u06cc\u0631\u0648\u06cc \u0645\u06cc \u06a9\u0646\u062f\u060c \u0627\u0645\u0627 \u0646\u0642\u0637\u0647 \u0636\u0639\u0641 \u0622\u0646 \u0645\u0639\u0627\u0645\u0644\u0647 \u0628\u0627 \u062a\u062e\u0641\u06cc\u0641 \u0686\u0634\u0645\u06af\u06cc\u0631 \u0648 \u0622\u0633\u06cc\u0628 \u067e\u0630\u06cc\u0631 \u0628\u0648\u062f\u0646 \u062f\u0631 \u0628\u0631\u0627\u0628\u0631 \u062d\u0645\u0644\u0627\u062a \u0633\u0641\u062a\u0647 \u0628\u0627\u0632\u06cc \u0627\u0633\u062a.<\/p>\n

\u0628\u0627 \u062a\u0648\u062c\u0647 \u0628\u0647 \u0627\u06cc\u0646 \u0645\u0639\u0627\u06cc\u0628\u060c \u0686\u0631\u0627 \u0628\u0647 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0646\u06cc\u0627\u0632 \u062f\u0627\u0631\u06cc\u0645\u061f \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0645\u0628\u062a\u0646\u06cc \u0628\u0631 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u200c\u0647\u0627 \u0628\u0647 \u06a9\u062f \u0634\u0641\u0627\u0641 \u0648 \u0642\u0627\u0628\u0644 \u062d\u0633\u0627\u0628\u0631\u0633\u06cc \u0645\u062a\u06a9\u06cc \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u0627\u062d\u062a\u0645\u0627\u0644 \u062c\u0644\u0628 \u0627\u0637\u0645\u06cc\u0646\u0627\u0646 \u0631\u0627 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0645\u06cc\u200c\u062f\u0647\u062f. \u0628\u0627 \u0627\u06cc\u0646 \u062d\u0627\u0644\u060c \u062f\u0631\u06a9 \u0627\u0646\u0648\u0627\u0639 \u0628\u0633\u06cc\u0627\u0631\u06cc \u0627\u0632 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc\u060c \u0645\u0639\u06cc\u0627\u0631\u0647\u0627\u06cc\u06cc \u06a9\u0647 \u0639\u0645\u0644\u06a9\u0631\u062f \u0622\u0646\u0647\u0627 \u0631\u0627 \u062a\u0639\u06cc\u06cc\u0646 \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f \u0648 \u0631\u06cc\u0633\u06a9\u200c\u0647\u0627\u06cc\u06cc \u06a9\u0647 \u0628\u0627 \u0622\u0646\u200c\u0647\u0627 \u0647\u0645\u0631\u0627\u0647 \u0627\u0633\u062a\u060c \u0628\u0647 \u0634\u0645\u0627 \u06a9\u0645\u06a9 \u0645\u06cc\u200c\u06a9\u0646\u062f \u067e\u062a\u0627\u0646\u0633\u06cc\u0644 \u0648\u0627\u0642\u0639\u06cc \u0622\u0646\u0647\u0627 \u0631\u0627 \u0622\u0634\u06a9\u0627\u0631 \u06a9\u0646\u06cc\u062f (\u062f\u0631 \u0627\u062f\u0627\u0645\u0647 \u062f\u0631 \u0627\u06cc\u0646 \u0645\u0648\u0631\u062f \u0628\u06cc\u0634\u062a\u0631 \u062a\u0648\u0636\u06cc\u062d \u062e\u0648\u0627\u0647\u06cc\u0645 \u062f\u0627\u062f).<\/p>\n

\u0627\u06cc\u0646 \u0645\u0642\u0627\u0644\u0647 \u0646\u0642\u0634\u060c \u0627\u0646\u0648\u0627\u0639 \u0648 \u067e\u0627\u06cc\u062f\u0627\u0631\u06cc \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0631\u0627 \u0645\u0648\u0631\u062f \u0628\u062d\u062b \u0642\u0631\u0627\u0631 \u0645\u06cc\u200c\u062f\u0647\u062f \u0648 \u0647\u0645\u0686\u0646\u06cc\u0646 \u0628\u0647 \u0627\u06cc\u0646 \u0633\u0648\u0627\u0644 \u067e\u0627\u0633\u062e \u0645\u06cc\u200c\u062f\u0647\u062f \u06a9\u0647 \u0622\u06cc\u0627 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u0645\u0637\u0645\u0626\u0646\u06cc \u0647\u0633\u062a\u0646\u062f \u06cc\u0627 \u062e\u06cc\u0631.<\/p>\n

\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0686\u06af\u0648\u0646\u0647 \u06a9\u0627\u0631 \u0645\u06cc\u06a9\u0646\u0646\u062f\u061f<\/h3>\n

\u0633\u06cc\u0633\u062a\u0645 “\u062f\u0648 \u06a9\u0648\u06cc\u0646\u06cc” \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0645\u0639\u0645\u0648\u0644\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u06cc\u06a9 \u06a9\u0648\u06cc\u0646 \u0628\u0631\u0627\u06cc “\u062c\u0630\u0628” \u0646\u0648\u0633\u0627\u0646\u0627\u062a \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u062f\u06cc\u06af\u0631\u06cc \u062a\u0644\u0627\u0634 \u0645\u06cc \u06a9\u0646\u062f \u062a\u0627 \u067e\u06cc\u0648\u0646\u062f \u0631\u0627 \u0646\u06af\u0647\u062f\u0627\u0631\u062f. \u0627\u06cc\u0646 \u062a\u0648\u06a9\u0646 \u0645\u0639\u0645\u0648\u0644\u0627\u064b \u062a\u0648\u06a9\u0646 \u062a\u0639\u0627\u062f\u0644 \u06cc\u0627 \u0633\u0647\u0645 \u0646\u0627\u0645\u06cc\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u0627\u063a\u0644\u0628 \u062f\u0631 \u0635\u0631\u0627\u0641\u06cc \u0647\u0627\u06cc \u063a\u06cc\u0631\u0645\u062a\u0645\u0631\u06a9\u0632 (DeX) \u0645\u0627\u0646\u0646\u062f Uniswap (UNI) \u0645\u0639\u0627\u0645\u0644\u0647 \u0645\u06cc \u0634\u0648\u062f. \u062f\u0631 \u0627\u0628\u062a\u062f\u0627\u060c \u062a\u0631\u0627 \u062a\u0646\u0647\u0627 \u0628\u0647 \u0686\u06cc\u062f\u0645\u0627\u0646 \u062f\u0648 \u06a9\u0648\u06cc\u0646\u06cc \u0645\u062a\u06a9\u06cc \u0628\u0648\u062f\u060c \u0627\u0645\u0627 \u0627\u062e\u06cc\u0631\u0627\u064b \u0630\u062e\u0627\u06cc\u0631 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 (BTC)<\/a> \u0631\u0627 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u067e\u0634\u062a\u0648\u0627\u0646\u0647 \u0627\u06cc \u0628\u0631\u0627\u06cc \u0631\u0648\u06cc\u06a9\u0631\u062f \u0631\u06cc\u0627\u0636\u06cc \u062e\u0648\u062f \u067e\u0630\u06cc\u0631\u0641\u062a\u0647 \u0627\u0633\u062a.<\/p>\n

\u0633\u06cc\u0633\u062a\u0645 \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646 \u062a\u0631\u0627 \u0634\u0627\u0645\u0644 \u062f\u0648 \u062a\u0648\u06a9\u0646 \u0627\u0633\u062a: TerraUSD\u060c \u06cc\u06a9 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u060c \u0648 \u0644\u0648\u0646\u0627\u060c \u0628\u0647 \u0627\u0635\u0637\u0644\u0627\u062d \u062a\u0648\u06a9\u0646 \u062d\u06a9\u0648\u0645\u062a\u06cc. \u062a\u0639\u0627\u0645\u0644 \u0628\u06cc\u0646 \u0627\u06cc\u0646 \u062f\u0648 \u0628\u0647 \u0645\u0646\u0638\u0648\u0631 \u062b\u0627\u0628\u062a \u0646\u06af\u0647 \u062f\u0627\u0634\u062a\u0646 \u0627\u0631\u0632\u0634 \u062f\u0644\u0627\u0631 TerraUSD \u0627\u0633\u062a.<\/p>\n

\u0627\u06af\u0631 \u0642\u06cc\u0645\u062a \u0627\u06cc\u0646 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0628\u0647 \u062f\u0644\u06cc\u0644 \u062a\u0642\u0627\u0636\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647 \u06af\u0630\u0627\u0631\u0627\u0646 \u0628\u0647 \u0628\u06cc\u0634 \u0627\u0632 1 \u062f\u0644\u0627\u0631 \u0628\u0631\u0633\u062f\u060c \u062f\u0627\u0631\u0646\u062f\u0647 \u0644\u0648\u0646\u0627 \u0645\u06cc \u062a\u0648\u0627\u0646\u062f 1 \u062f\u0644\u0627\u0631 \u0644\u0648\u0646\u0627 \u0631\u0627 \u0628\u0627 \u0622\u0646 \u06a9\u0648\u06cc\u0646 \u0645\u0628\u0627\u062f\u0644\u0647 \u06a9\u0646\u062f \u0648 \u0627\u0632 \u0642\u06cc\u0645\u062a \u0628\u0627\u0644\u0627\u062a\u0631 \u0633\u0648\u062f \u0628\u0628\u0631\u062f. \u0628\u0631\u0639\u06a9\u0633\u060c \u062f\u0631 \u0632\u0645\u0627\u0646 \u06a9\u0627\u0647\u0634 \u0627\u0631\u0632\u0634 \u06a9\u0648\u06cc\u0646 \u0645\u0639\u0627\u0645\u0644\u0647 \u06af\u0631\u0627\u0646 \u0645\u06cc \u062a\u0648\u0627\u0646\u0646\u062f \u0628\u0627 \u0645\u0628\u0627\u062f\u0644\u0647 \u0622\u0646 \u0628\u0627 \u0644\u0648\u0646\u0627 \u0628\u0647 \u0627\u0631\u0632\u0634 1 \u062f\u0644\u0627\u0631\u060c \u0633\u0648\u062f \u0628\u0628\u0631\u0646\u062f. \u0627\u06cc\u0646 \u0627\u0645\u0631 \u0628\u0627\u0639\u062b \u06a9\u0627\u0647\u0634 \u0639\u0631\u0636\u0647 \u0648 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0642\u06cc\u0645\u062a \u0645\u06cc \u0634\u0648\u062f.<\/p>\n

\u0628\u0646\u0627\u0628\u0631\u0627\u06cc\u0646\u060c \u0627\u0631\u0632\u0634 \u06cc\u06a9 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0635\u0631\u0641\u0627\u064b \u0627\u0632 \u0622\u0646\u0686\u0647 \u06a9\u0647 \u06a9\u0627\u0631\u06af\u0631\u0648\u0647 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627\u06cc \u0627\u0631\u0632\u062f\u06cc\u062c\u062a\u0627\u0644 \u0628\u0627\u0646\u06a9 \u0645\u0631\u06a9\u0632\u06cc \u0627\u0631\u0648\u067e\u0627 \u0627\u0632 \u0622\u0646 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u00ab\u0627\u0646\u062a\u0638\u0627\u0631 \u0627\u0631\u0632\u0634 \u0628\u0627\u0632\u0627\u0631 \u0622\u06cc\u0646\u062f\u0647 \u0622\u0646\u00bb \u06cc\u0627\u062f \u0645\u06cc\u200c\u06a9\u0646\u062f\u060c \u0628\u0647 \u062f\u0633\u062a \u0645\u06cc\u200c\u0622\u06cc\u062f.<\/p>\n

\u0628\u0631\u0627\u06cc \u0634\u0631\u0648\u0639\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0628\u0631\u0627\u06cc \u0639\u0645\u0644\u06a9\u0631\u062f \u06a9\u0644 \u0627\u06a9\u0648\u0633\u06cc\u0633\u062a\u0645 \u0646\u06cc\u0627\u0632 \u0628\u0647 \u0633\u0637\u062d\u06cc \u0627\u0632 \u067e\u0634\u062a\u06cc\u0628\u0627\u0646\u06cc \u0627\u0632 \u062a\u0642\u0627\u0636\u0627 \u062f\u0627\u0631\u0646\u062f. \u0628\u0627 \u0627\u06cc\u0646 \u062d\u0627\u0644\u060c \u0627\u06af\u0631 \u062a\u0642\u0627\u0636\u0627 \u0628\u0647 \u0632\u06cc\u0631 \u0633\u0637\u062d \u0645\u0639\u06cc\u0646\u06cc \u06a9\u0627\u0647\u0634 \u06cc\u0627\u0628\u062f\u060c \u06a9\u0644 \u0633\u06cc\u0633\u062a\u0645 \u0634\u06a9\u0633\u062a \u062e\u0648\u0627\u0647\u062f \u062e\u0648\u0631\u062f.<\/p>\n

\u062d\u062a\u06cc \u062a\u0627\u0631\u06cc\u062e \u0646\u0634\u0627\u0646 \u062f\u0627\u062f\u0647 \u0627\u0633\u062a \u06a9\u0647 \u0633\u0637\u0648\u062d \u067e\u0627\u06cc\u0647 \u06cc\u0627 \u06a9\u0641 \u062d\u0645\u0627\u06cc\u062a \u0627\u0632 \u0645\u062d\u0635\u0648\u0644 \u0645\u0627\u0644\u06cc\u060c \u0628\u0647 \u0648\u06cc\u0698\u0647 \u062f\u0631 \u0632\u0645\u0627\u0646 \u0628\u062d\u0631\u0627\u0646\u060c \u062a\u0636\u0645\u06cc\u0646 \u0646\u0634\u062f\u0647 \u0627\u0633\u062a. \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u060c \u067e\u0633 \u0627\u0632 \u0627\u06cc\u0646\u06a9\u0647 \u062a\u0648\u06a9\u0646 \u062b\u0627\u0628\u062a 1:1 USD \u062f\u0631 \u0622\u0648\u0631\u06cc\u0644 2021 \u0628\u0647 \u0645\u06cc\u0632\u0627\u0646 \u0642\u0627\u0628\u0644 \u062a\u0648\u062c\u0647\u06cc \u06a9\u0645\u062a\u0631 \u0627\u0632 \u0627\u0631\u0632\u0634 1 \u062f\u0644\u0627\u0631\u06cc \u062e\u0648\u062f \u0631\u0633\u06cc\u062f\u060c\u00a0%80 \u0627\u0632 \u0642\u06cc\u0645\u062a \u062e\u0631\u06cc\u062f \u0635\u0639\u0648\u062f\u06cc Fei \u06a9\u0627\u0647\u0634 \u06cc\u0627\u0641\u062a.<\/p>\n

\u062f\u0648\u0645\u060c \u0628\u0631\u0627\u06cc \u062d\u0641\u0638 \u06cc\u06a9 \u0627\u06a9\u0648\u0633\u06cc\u0633\u062a\u0645 \u0628\u0647 \u0627\u0635\u0637\u0644\u0627\u062d “\u067e\u0627\u06cc\u062f\u0627\u0631”\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0628\u0627 \u0627\u0646\u062c\u0627\u0645 \u0622\u0631\u0628\u06cc\u062a\u0631\u0627\u0698 \u062a\u062b\u0628\u06cc\u062a \u06a9\u0646\u0646\u062f\u0647 \u0642\u06cc\u0645\u062a \u0628\u0631\u0627\u06cc \u0628\u0647 \u062f\u0633\u062a \u0622\u0648\u0631\u062f\u0646 \u067e\u0627\u062f\u0627\u0634 \u0628\u0627\u0632\u0627\u0631\u060c \u0628\u0647 \u0627\u0641\u0631\u0627\u062f \u0645\u0633\u062a\u0642\u0644 \u0645\u062a\u06a9\u06cc \u0647\u0633\u062a\u0646\u062f. \u0628\u0627 \u0627\u06cc\u0646 \u0648\u062c\u0648\u062f\u060c \u0628\u0627 \u062a\u0648\u062c\u0647 \u0628\u0647 \u0628\u0627\u0632\u06cc\u06af\u0631\u0627\u0646 \u0645\u0633\u062a\u0642\u0644 \u0648 \u0645\u0628\u062a\u0646\u06cc \u0628\u0631 \u0628\u0627\u0632\u0627\u0631\u060c \u0627\u062c\u0631\u0627\u06cc \u0622\u0631\u0628\u06cc\u062a\u0631\u0627\u0698 \u0627\u062e\u062a\u06cc\u0627\u0631\u06cc \u062a\u062b\u0628\u06cc\u062a \u06a9\u0646\u0646\u062f\u0647 \u0642\u06cc\u0645\u062a \u0628\u062f\u0648\u0646 \u062a\u0639\u0647\u062f\u0627\u062a \u0642\u0627\u0646\u0648\u0646\u06cc \u0628\u0647 \u0647\u0645\u0627\u0646 \u0627\u0646\u062f\u0627\u0632\u0647 \u062e\u0637\u0631\u0646\u0627\u06a9 \u0627\u0633\u062a.<\/p>\n

\u0627\u0646\u0648\u0627\u0639 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc<\/h3>\n

\u0633\u0647 \u062f\u0633\u062a\u0647 \u06a9\u0644\u06cc\u062f\u06cc \u0627\u0632 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u062f\u0631 \u0628\u062e\u0634 \u0647\u0627\u06cc \u0632\u06cc\u0631 \u0627\u0631\u0627\u0626\u0647 \u0634\u062f\u0647 \u0627\u0646\u062f.<\/p>\n

Rebasing algorithmic stablecoins:<\/strong> \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0633\u0628\u06a9 Rebase\u060c \u062a\u0648\u06a9\u0646\u200c\u0647\u0627\u06cc ERC-20<\/a> \u0627\u0646\u0639\u0637\u0627\u0641\u200c\u067e\u0630\u06cc\u0631 \u0642\u06cc\u0645\u062a\u06cc \u0631\u0627 \u0645\u062f\u06cc\u0631\u06cc\u062a \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f\u060c \u06cc\u0639\u0646\u06cc \u06a9\u0644 \u0639\u0631\u0636\u0647 \u06cc\u06a9 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u062b\u0627\u0628\u062a \u0646\u06cc\u0633\u062a \u0648 \u0628\u0647\u200c\u0637\u0648\u0631 \u0645\u0646\u0638\u0645 \u0627\u0635\u0644\u0627\u062d \u0645\u06cc\u200c\u0634\u0648\u062f. \u062f\u0631 \u0639\u0648\u0636\u060c \u0627\u0635\u0644\u0627\u062d \u0628\u0647 \u0637\u0648\u0631 \u062e\u0648\u062f\u06a9\u0627\u0631 \u0628\u0627 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0627\u0632 \u0641\u0631\u0622\u06cc\u0646\u062f rebase \u0627\u0646\u062c\u0627\u0645 \u0645\u06cc \u0634\u0648\u062f\u060c \u06a9\u0647 \u0628\u0647 \u062a\u062f\u0631\u06cc\u062c \u0642\u06cc\u0645\u062a \u06cc\u06a9 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u062e\u0627\u0635 \u0631\u0627 \u0628\u0647 \u0633\u0645\u062a \u06cc\u06a9 \u067e\u06cc\u0648\u0646\u062f \u062b\u0627\u0628\u062a \u0645\u0627\u0646\u0646\u062f 1 \u062f\u0644\u0627\u0631 \u062a\u062b\u0628\u06cc\u062a \u0645\u06cc \u06a9\u0646\u062f.<\/p>\n

\u067e\u0631\u0648\u062a\u06a9\u0644 Ampleforth \u062f\u0627\u0631\u0627\u06cc \u0648\u06cc\u0698\u06af\u06cc \u0628\u0647 \u0646\u0627\u0645 rebasing \u0627\u0633\u062a \u06a9\u0647 \u0639\u0631\u0636\u0647 \u062a\u0648\u06a9\u0646 \u0631\u0627 \u062a\u063a\u06cc\u06cc\u0631 \u0645\u06cc \u062f\u0647\u062f. \u0627\u06cc\u0646 \u0627\u0645\u0631 \u0628\u0647 \u0627\u06cc\u0646 \u0645\u0639\u0646\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062a\u0639\u062f\u0627\u062f \u062a\u0648\u06a9\u0646 \u0647\u0627\u06cc AMPL \u062f\u0631 \u06a9\u06cc\u0641 \u067e\u0648\u0644 \u0634\u0645\u0627 \u0628\u0631 \u0627\u0633\u0627\u0633 \u0645\u06cc\u0627\u0646\u06af\u06cc\u0646 \u0648\u0632\u0646\u06cc \u0642\u06cc\u0645\u062a \u0622\u0646 \u062a\u0648\u06a9\u0646 \u062f\u0631 \u0622\u0646 \u0632\u0645\u0627\u0646 \u0647\u0631 24 \u0633\u0627\u0639\u062a \u062a\u063a\u06cc\u06cc\u0631 \u0645\u06cc \u06a9\u0646\u062f.<\/p>\n

\u00a0Seigniorage Algorithmic Stablecoins:<\/b>\u00a0\u0645\u062f\u0644 \u0633\u0647\u0627\u0645 seigniorage \u0645\u0639\u0645\u0648\u0644\u0627\u064b \u0627\u0632 \u062f\u0648 \u0634\u06a9\u0644 \u0627\u0631\u0632\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u062a\u0634\u06a9\u06cc\u0644 \u0634\u062f\u0647 \u0627\u0633\u062a: \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0648 \u0645\u0627\u0644\u06a9\u06cc\u062a seigniorage. \u0632\u0645\u0627\u0646\u06cc \u06a9\u0647 \u0642\u06cc\u0645\u062a \u06cc\u06a9 \u0627\u0631\u0632 \u0627\u0632 \u062d\u062f \u0645\u0648\u0631\u062f \u0646\u0638\u0631 \u0628\u06cc\u0634\u062a\u0631 \u0634\u0648\u062f\u060c \u0627\u0632 \u0633\u0647\u0627\u0645 \u0628\u0631\u0627\u06cc \u0627\u0641\u0632\u0627\u06cc\u0634 \u0639\u0631\u0636\u0647 \u06a9\u0648\u06cc\u0646 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f.<\/p>\n

\u0645\u0639\u0645\u0648\u0644\u0627\u064b \u0632\u0645\u0627\u0646\u06cc \u06a9\u0647 \u0642\u06cc\u0645\u062a \u0628\u0647 \u0632\u06cc\u0631 \u0642\u06cc\u0645\u062a \u0645\u06cc\u200c\u0631\u0633\u062f\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0633\u0628\u06a9 \u0633\u06cc\u0646\u06cc\u0648\u0631\u0627\u0698\u060c \u0627\u0648\u0631\u0627\u0642 \u0642\u0631\u0636\u0647 \u0642\u0627\u0628\u0644 \u0628\u0627\u0632\u062e\u0631\u06cc\u062f \u0631\u0627 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u067e\u0627\u062f\u0627\u0634\u06cc \u0628\u0631\u0627\u06cc \u062e\u0631\u06cc\u062f\u0627\u0631\u0627\u0646 \u0635\u0627\u062f\u0631 \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f. Basis Cash \u0646\u0645\u0648\u0646\u0647\u200c\u0627\u06cc \u0627\u0632 \u067e\u0631\u0648\u0698\u0647 \u0627\u0633\u062a\u06cc\u0628\u0644\u200c\u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0633\u0628\u06a9 \u0633\u06cc\u0646\u06cc\u0648\u0631\u0627\u0698 \u0627\u0633\u062a \u06a9\u0647 \u0627\u0632 \u0633\u0647 \u0627\u0631\u0632 \u0627\u0631\u0632\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u062a\u0634\u06a9\u06cc\u0644 \u0634\u062f\u0647 \u0627\u0633\u062a.<\/p>\n

\u0647\u062f\u0641 \u06a9\u0644\u06cc \u067e\u0631\u0648\u062a\u06a9\u0644 Basis Cash \u062b\u0627\u0628\u062a \u0646\u06af\u0647 \u062f\u0627\u0634\u062a\u0646 \u0642\u06cc\u0645\u062a BAC \u0628\u0627 \u062a\u0646\u0638\u06cc\u0645 \u0639\u0631\u0636\u0647 \u0627\u0633\u062a. \u0627\u06cc\u0646 \u0633\u06cc\u0633\u062a\u0645 \u0628\u0647 \u0627\u06cc\u0646 \u0635\u0648\u0631\u062a \u0639\u0645\u0644 \u0645\u06cc\u200c\u06a9\u0646\u062f: \u0632\u0645\u0627\u0646\u06cc \u06a9\u0647 \u067e\u0648\u0644 \u0646\u0642\u062f \u067e\u0627\u06cc\u0647 \u0628\u06cc\u0634 \u0627\u0632 1 \u062f\u0644\u0627\u0631 \u067e\u06cc\u0648\u0646\u062f \u0622\u0646 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0645\u06cc\u200c\u06cc\u0627\u0628\u062f\u060c \u067e\u0631\u0648\u062a\u06a9\u0644 \u062a\u0648\u06a9\u0646\u200c\u0647\u0627\u06cc \u062c\u062f\u06cc\u062f\u06cc \u0631\u0627 \u0636\u0631\u0628 \u0645\u06cc\u200c\u06a9\u0646\u062f \u0648 \u0622\u0646\u0647\u0627 \u0631\u0627 \u0628\u06cc\u0646 \u062f\u0627\u0631\u0646\u062f\u06af\u0627\u0646 BAS \u062a\u0648\u0632\u06cc\u0639 \u0645\u06cc\u200c\u06a9\u0646\u062f. \u0627\u06cc\u0646 \u0627\u0645\u0631 \u0641\u0634\u0627\u0631 \u0641\u0631\u0648\u0634 \u0631\u0627 \u0628\u06cc\u0634\u062a\u0631 \u0645\u06cc\u06a9\u0646\u062f \u0648 \u0642\u06cc\u0645\u062a \u0631\u0627 \u067e\u0627\u06cc\u06cc\u0646 \u0645\u06cc \u0622\u0648\u0631\u062f.<\/p>\n

\u0647\u0646\u06af\u0627\u0645\u06cc \u06a9\u0647 Basis Cash \u0628\u0647 \u0632\u06cc\u0631 1 \u062f\u0644\u0627\u0631 \u067e\u06cc\u0648\u0646\u062f \u0645\u06cc\u200c\u0631\u0633\u062f\u060c \u0633\u06cc\u0633\u062a\u0645 \u06a9\u0627\u0631\u0628\u0631\u0627\u0646 \u0631\u0627 \u062a\u0634\u0648\u06cc\u0642 \u0645\u06cc\u200c\u06a9\u0646\u062f \u062a\u0627 \u062a\u0648\u06a9\u0646\u200c\u0647\u0627\u06cc \u062e\u0648\u062f \u0631\u0627 \u062f\u0631 \u0627\u0632\u0627\u06cc \u062a\u0648\u06a9\u0646\u200c\u0647\u0627\u06cc \u0627\u0648\u0631\u0627\u0642 \u0642\u0631\u0636\u0647 \u06a9\u0647 1:1 \u062f\u0627\u062f\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f \u0628\u0633\u0648\u0632\u0627\u0646\u0646\u062f. \u0647\u0646\u06af\u0627\u0645\u06cc \u06a9\u0647 \u0642\u06cc\u0645\u062a \u062a\u0648\u06a9\u0646 \u0628\u0647 \u0628\u0627\u0644\u0627\u06cc 1 \u062f\u0644\u0627\u0631 \u0631\u0633\u06cc\u062f\u060c \u06a9\u0627\u0631\u0628\u0631\u0627\u0646 \u0645\u06cc \u062a\u0648\u0627\u0646\u0646\u062f \u062a\u0648\u06a9\u0646 \u0647\u0627\u06cc \u0627\u0648\u0631\u0627\u0642 \u0642\u0631\u0636\u0647 \u062e\u0648\u062f \u0631\u0627 \u0628\u0627 \u062a\u0648\u06a9\u0646 \u0647\u0627\u06cc Basis Cash \u0645\u0628\u0627\u062f\u0644\u0647 \u06a9\u0646\u0646\u062f.<\/p>\n

Fractional algorithmic stablecoins:<\/strong> \u0627\u06cc\u0646 \u0645\u062f\u0644 \u0648\u06cc\u0698\u06af\u06cc \u0647\u0627\u06cc \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u06a9\u0627\u0645\u0644\u0627\u064b \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0648 \u06a9\u0627\u0645\u0644\u0627\u064b \u0648\u062b\u06cc\u0642\u0647 \u0627\u06cc \u0631\u0627 \u0628\u0627 \u0647\u0645 \u062a\u0631\u06a9\u06cc\u0628 \u0645\u06cc \u06a9\u0646\u0646\u062f. \u0627\u06cc\u0646 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627 \u0627\u0632 \u0648\u062b\u06cc\u0642\u0647 \u06af\u0630\u0627\u0631\u06cc \u0628\u06cc\u0634 \u0627\u0632 \u062d\u062f \u062c\u0644\u0648\u06af\u06cc\u0631\u06cc \u0645\u06cc \u06a9\u0646\u0646\u062f \u0648 \u062e\u0637\u0631\u0627\u062a \u0646\u06af\u0647\u062f\u0627\u0631\u06cc \u06a9\u0645\u062a\u0631\u06cc \u062f\u0627\u0631\u0646\u062f. \u0628\u0631\u062e\u0644\u0627\u0641 \u0637\u0631\u062d\u200c\u0647\u0627\u06cc \u0635\u0631\u0641\u0627\u064b \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc\u060c \u0647\u062f\u0641 \u0622\u0646 \u0627\u0639\u0645\u0627\u0644 \u06cc\u06a9 \u067e\u06cc\u0648\u0646\u062f \u0646\u0633\u0628\u062a\u0627 \u0645\u062d\u06a9\u0645 \u0628\u0627 \u0633\u0637\u062d \u0628\u0627\u0644\u0627\u062a\u0631\u06cc \u0627\u0632 \u062b\u0628\u0627\u062a \u0627\u0633\u062a. \u06cc\u06a9\u06cc \u0627\u0632 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc Fractional\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 Frax \u0627\u0633\u062a.<\/p>\n

\u0645\u0639\u0627\u06cc\u0628 \u0648 \u0645\u0632\u0627\u06cc\u0627<\/h3>\n

\u0646\u0648\u0622\u0648\u0631\u06cc \u0645\u062d\u0635\u0648\u0644 \u0645\u0627\u0644\u06cc \u0644\u0632\u0648\u0645\u0627 \u0686\u06cc\u0632 \u062e\u0648\u0628\u06cc \u0646\u06cc\u0633\u062a \u0648 \u0628\u0631\u062e\u06cc \u0627\u0632 \u0646\u0648\u0622\u0648\u0631\u06cc \u0647\u0627 \u0628\u0647 \u0637\u0648\u0631 \u0647\u062f\u0641\u0645\u0646\u062f \u0645\u0647\u0646\u062f\u0633\u06cc \u0634\u062f\u0647 \u0627\u0646\u062f \u062a\u0627 \u0630\u0627\u062a\u0627\u064b \u0646\u0627\u067e\u0627\u06cc\u062f\u0627\u0631 \u0628\u0627\u0634\u0646\u062f \u0648 \u067e\u0631\u0648\u0698\u0647 \u0647\u0627\u06cc \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0627\u0632 \u0627\u06cc\u0646 \u0642\u0628\u06cc\u0644 \u0647\u0633\u062a\u0646\u062f.<\/p>\n

\u0628\u0627 \u0627\u06cc\u0646 \u062d\u0627\u0644\u060c \u0628\u0647 \u062f\u0644\u06cc\u0644 \u0645\u062c\u0645\u0648\u0639\u0647 \u0627\u06cc \u06af\u06cc\u062c \u06a9\u0646\u0646\u062f\u0647 \u0627\u0632 \u0645\u0634\u062a\u0642\u0627\u062a \u067e\u06cc\u0686\u06cc\u062f\u0647 \u0645\u0628\u062a\u0646\u06cc \u0628\u0631 \u0627\u0648\u0631\u0627\u0642 \u0628\u0647\u0627\u062f\u0627\u0631\u060c \u0633\u06cc\u0633\u062a\u0645 \u0645\u0627\u0644\u06cc \u062c\u0647\u0627\u0646\u06cc \u062a\u0642\u0631\u06cc\u0628\u0627\u064b \u062f\u0631 \u0633\u0627\u0644 2008 \u0633\u0642\u0648\u0637 \u06a9\u0631\u062f. \u0627\u062a\u0641\u0627\u0642 \u0645\u0634\u0627\u0628\u0647\u06cc \u062f\u0631 \u062f\u0646\u06cc\u0627\u06cc \u0627\u0631\u0632\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0628\u0647 \u062f\u0644\u06cc\u0644 \u0633\u0642\u0648\u0637 TerraUSD \u0627\u062a\u0641\u0627\u0642 \u0627\u0641\u062a\u0627\u062f. \u0628\u0646\u0627\u0628\u0631\u0627\u06cc\u0646\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0686\u0642\u062f\u0631 \u067e\u0627\u06cc\u062f\u0627\u0631 \u0647\u0633\u062a\u0646\u062f\u061f \u0628\u0631\u0627\u06cc \u06cc\u0627\u0641\u062a\u0646 \u062c\u0648\u0627\u0628 \u0627\u06cc\u0646 \u0633\u0648\u0627\u0644\u060c \u0628\u0627 \u06cc\u06a9\u062f\u06cc\u06af\u0631 \u0645\u0632\u0627\u06cc\u0627 \u0648 \u0645\u0639\u0627\u06cc\u0628 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0631\u0627 \u062f\u0631 \u0628\u062e\u0634\u200c\u0647\u0627\u06cc \u0632\u06cc\u0631 \u0628\u0631\u0631\u0633\u06cc \u0645\u06cc\u06a9\u0646\u06cc\u0645.<\/p>\n

\u0645\u0632\u0627\u06cc\u0627<\/h4>\n

\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0645\u0638\u0647\u0631 \u0648\u0627\u0642\u0639\u06cc \u062a\u0645\u0631\u06a9\u0632\u0632\u062f\u0627\u06cc\u06cc \u0647\u0633\u062a\u0646\u062f\u060c \u0632\u06cc\u0631\u0627 \u0627\u06cc\u0646 \u06a9\u062f \u0642\u0648\u0627\u0646\u06cc\u0646\u06cc \u0631\u0627 \u062a\u0639\u0631\u06cc\u0641 \u0645\u06cc \u06a9\u0646\u062f \u06a9\u0647 \u0628\u062f\u0648\u0646 \u0646\u0638\u0627\u0631\u062a \u0622\u0698\u0627\u0646\u0633 \u0646\u0638\u0627\u0631\u062a\u06cc \u0628\u0631 \u062a\u0631\u0627\u06a9\u0646\u0634 \u0647\u0627\u06cc \u06a9\u0627\u0631\u0628\u0631\u0627\u0646\u060c \u0633\u06cc\u0633\u062a\u0645 \u0645\u0627\u0644\u06cc \u067e\u0627\u06cc\u0647 \u0631\u0627 \u062a\u0646\u0638\u06cc\u0645 \u0645\u06cc \u06a9\u0646\u062f. \u0639\u0644\u0627\u0648\u0647 \u0628\u0631 \u0627\u06cc\u0646\u060c \u0641\u0642\u062f\u0627\u0646 \u0646\u06cc\u0627\u0632 \u062f\u0627\u0631\u0627\u06cc\u06cc \u0641\u06cc\u0632\u06cc\u06a9\u06cc \u062f\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc\u060c \u062e\u0637\u0631 \u062e\u0637\u0627\u06cc \u06a9\u0627\u0631\u0628\u0631 \u0631\u0627 \u0627\u0632 \u0628\u06cc\u0646 \u0645\u06cc \u0628\u0631\u062f.<\/p>\n

\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc\u060c seigniorage \u0631\u0627 \u062f\u0648\u0628\u0627\u0631\u0647 \u0628\u0647 \u0627\u06a9\u0648\u0633\u06cc\u0633\u062a\u0645 \u06a9\u0631\u06cc\u067e\u062a\u0648 \u0648\u0627\u0631\u062f \u06a9\u0631\u062f\u0646\u062f\u060c \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u060c \u0627\u0631\u0632\u06cc\u0627\u0628\u06cc \u0633\u0648\u062f \u06cc\u0627 \u0632\u06cc\u0627\u0646 \u062d\u0627\u0635\u0644 \u0627\u0632 \u062a\u0648\u0644\u06cc\u062f \u06cc\u06a9 \u0627\u0631\u0632 \u062f\u0631 \u062f\u0646\u06cc\u0627\u06cc \u063a\u06cc\u0631\u0645\u062a\u0645\u0631\u06a9\u0632 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0627\u0645\u06a9\u0627\u0646\u200c\u067e\u0630\u06cc\u0631 \u0627\u0633\u062a.<\/p>\n

\u0645\u0639\u0627\u06cc\u0628<\/h4>\n

\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0645\u0628\u062a\u0646\u06cc \u0628\u0631 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645 \u0647\u0627 \u0630\u0627\u062a\u0627\u064b \u0645\u0639\u0645\u0627\u0631\u06cc \u0636\u0639\u06cc\u0641\u06cc \u062f\u0627\u0631\u0646\u062f. \u0627\u06cc\u0646 \u062f\u0627\u0631\u0627\u06cc\u06cc\u200c\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\u06cc \u0648\u062b\u06cc\u0642\u0647\u200c\u0646\u0634\u062f\u0647\u060c \u06a9\u0647 \u0627\u0632 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u200c\u0647\u0627\u060c \u0645\u0647\u0646\u062f\u0633\u06cc \u0645\u0627\u0644\u06cc \u0648 \u067e\u0627\u062f\u0627\u0634 \u0647\u0627\u06cc \u0628\u0627\u0632\u0627\u0631 \u0628\u0631\u0627\u06cc \u062a\u0639\u06cc\u06cc\u0646 \u0642\u06cc\u0645\u062a \u062f\u0627\u0631\u0627\u06cc\u06cc \u0645\u0631\u062c\u0639 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f\u060c \u0628\u0647 \u0647\u06cc\u0686 \u0648\u062c\u0647 \u067e\u0627\u06cc\u062f\u0627\u0631 \u0646\u06cc\u0633\u062a\u0646\u062f \u0648 \u0647\u0645\u06cc\u0634\u0647 \u062f\u0631 \u0645\u0639\u0631\u0636 \u062e\u0637\u0631 \u0642\u0637\u0639 \u067e\u06cc\u0648\u0646\u062f \u0628\u0627 \u062f\u0644\u0627\u0631 \u0627\u0645\u0631\u06cc\u06a9\u0627 (depegging) \u0647\u0633\u062a\u0646\u062f.<\/p>\n

\u0639\u0644\u0627\u0648\u0647 \u0628\u0631 \u0627\u06cc\u0646\u060c \u0633\u0647 \u0645\u0634\u06a9\u0644 \u062f\u0631 \u0645\u0648\u0631\u062f \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f. \u0627\u0648\u0644\u060c \u0627\u0631\u0632\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0628\u0647 \u0638\u0627\u0647\u0631 \u067e\u0627\u06cc\u062f\u0627\u0631 \u0628\u0631\u0627\u06cc \u0639\u0645\u0644\u06a9\u0631\u062f \u0635\u062d\u06cc\u062d \u0646\u06cc\u0627\u0632 \u0628\u0647 \u062f\u0631\u0635\u062f \u062e\u0627\u0635\u06cc \u0627\u0632 \u062a\u0642\u0627\u0636\u0627 \u062f\u0627\u0631\u0646\u062f. \u0627\u06af\u0631 \u062a\u0642\u0627\u0636\u0627 \u0628\u0647 \u0632\u06cc\u0631 \u06cc\u06a9 \u0633\u0637\u062d \u062e\u0627\u0635 \u06a9\u0627\u0647\u0634 \u06cc\u0627\u0628\u062f\u060c \u0633\u06cc\u0633\u062a\u0645 \u0633\u0642\u0648\u0637 \u0645\u06cc \u06a9\u0646\u062f.<\/p>\n

\u062f\u0648\u0645\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0622\u0633\u06cc\u0628\u200c\u067e\u0630\u06cc\u0631 \u0647\u0633\u062a\u0646\u062f\u060c \u0632\u06cc\u0631\u0627 \u0628\u0647 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646 \u0645\u0633\u062a\u0642\u0644 \u0645\u062a\u06a9\u06cc \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u0628\u0627\u06cc\u062f \u0627\u0632 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u06a9\u0647 TerraUSD \u0631\u0627 \u0628\u0647 \u062f\u0644\u0627\u0631 \u0645\u062a\u0635\u0644 \u0645\u06cc\u200c\u06a9\u0646\u062f\u060c \u0633\u0648\u062f \u0628\u0628\u0631\u0646\u062f. \u062f\u0631 \u0646\u0647\u0627\u06cc\u062a\u060c \u062f\u0631 \u0645\u0648\u0627\u0642\u0639 \u0628\u062d\u0631\u0627\u0646\u060c \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631\u0627\u0646\u06cc \u06a9\u0647 \u0628\u0631 \u0627\u0633\u0627\u0633 \u0627\u0637\u0644\u0627\u0639\u0627\u062a \u0645\u0628\u0647\u0645 \u0648 \u0639\u062f\u0645 \u0627\u0637\u0645\u06cc\u0646\u0627\u0646 \u0639\u0645\u0644 \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f\u060c \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0628\u0627\u0639\u062b \u0627\u0632 \u0628\u06cc\u0646 \u0631\u0641\u062a\u0646 \u0627\u0631\u0632\u0634 \u0627\u06cc\u0646 \u0646\u0648\u0639 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0634\u0648\u0646\u062f. \u0647\u0645\u0686\u0646\u06cc\u0646 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0630\u0647\u0646\u06cc\u062a \u06af\u0644\u0647 \u0627\u06cc \u0631\u0627 \u0627\u06cc\u062c\u0627\u062f \u06a9\u0646\u062f \u06a9\u0647 \u0645\u0646\u062c\u0631 \u0628\u0647 \u0641\u0631\u0648\u0634 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u067e\u0627\u06cc\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u0628\u0627\u0639\u062b \u0627\u0641\u062a \u0634\u062f\u06cc\u062f \u0642\u06cc\u0645\u062a \u0645\u06cc \u0634\u0648\u062f.<\/p>\n

\u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u062a\u0631\u0627 (UST) \u0627\u0632 \u06cc\u06a9 \u0637\u0631\u062d \u062f\u0648 \u062a\u0648\u06a9\u0646\u06cc \u0628\u0631\u0627\u06cc \u062a\u062b\u0628\u06cc\u062a \u0642\u06cc\u0645\u062a \u0647\u0627\u06cc \u062a\u0631\u0627 \u0648 \u0644\u0648\u0646\u0627 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u06a9\u0646\u062f. \u06a9\u0627\u0631\u0628\u0631\u0627\u0646 \u0645\u06cc \u062a\u0648\u0627\u0646\u0646\u062f \u0628\u0627 \u0633\u0648\u0632\u0627\u0646\u062f\u0646 1 \u062f\u0644\u0627\u0631 \u0644\u0648\u0646\u0627\u060c \u06a9\u0647 \u062a\u0648\u06a9\u0646 \u0627\u0635\u0644\u06cc \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646 \u062a\u0631\u0627 \u0627\u0633\u062a\u060c \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc TerraUSD \u0628\u0647 \u0627\u0631\u0632\u0634 1 \u062f\u0644\u0627\u0631 \u0627\u06cc\u062c\u0627\u062f \u06a9\u0646\u0646\u062f. \u062a\u0648\u06a9\u0646\u200c\u0647\u0627\u06cc \u0644\u0648\u0646\u0627 \u0628\u0631\u0627\u06cc \u0642\u0631\u0627\u0631 \u062f\u0627\u062f\u0646 \u062a\u0648\u06a9\u0646\u200c\u0647\u0627 \u062f\u0631 \u0631\u0623\u06cc\u200c\u0647\u0627\u06cc \u062d\u0627\u06a9\u0645\u06cc\u062a\u06cc\u060c \u067e\u0631\u062f\u0627\u062e\u062a \u0647\u0632\u06cc\u0646\u0647 \u0628\u0631\u0627\u06cc \u062a\u0623\u06cc\u06cc\u062f \u062a\u0631\u0627\u06a9\u0646\u0634\u200c\u0647\u0627\u06cc \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646 \u0648 \u0627\u06cc\u062c\u0627\u062f \u0628\u0627\u0632\u062f\u0647 \u062f\u0631 \u067e\u0631\u0648\u062a\u06a9\u0644\u200c\u0647\u0627\u06cc \u0648\u0627\u0645 \u062f\u0647\u06cc DeFi \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f.<\/p>\n

\u0627\u0645\u0627 \u067e\u0633 \u0627\u0632 \u0633\u0642\u0648\u0637 TerraUSD \u0686\u0647 \u0627\u062a\u0641\u0627\u0642\u06cc \u0628\u0631\u0627\u06cc UST \u0648 \u0644\u0648\u0646\u0627 \u0627\u0641\u062a\u0627\u062f\u061f \u0647\u0646\u06af\u0627\u0645\u06cc \u06a9\u0647 \u0642\u06cc\u0645\u062a UST \u0628\u0647 \u0632\u06cc\u0631 1 \u062f\u0644\u0627\u0631 \u0633\u0642\u0648\u0637 \u06a9\u0631\u062f\u060c \u067e\u06cc\u0648\u0646\u062f \u0622\u0646 \u0628\u0627 \u062f\u0644\u0627\u0631 \u0642\u0637\u0639 \u0634\u062f.<\/p>\n

\u0645\u0647\u0627\u062c\u0645\u0627\u0646 UST \u0631\u0627 \u0632\u06cc\u0631 \u0642\u06cc\u0645\u062a \u0628\u0647 \u0641\u0631\u0648\u0634 \u0645\u06cc\u0631\u0633\u0627\u0646\u062f\u0646\u062f\u060c \u0648 \u0628\u0646\u06cc\u0627\u062f \u0644\u0648\u0646\u0627 (Luna Foundation Guard) \u0628\u0631\u0627\u06cc \u0628\u0627\u0632\u06af\u0631\u062f\u0627\u0646\u062f\u0646 \u067e\u06cc\u0648\u0646\u062f UST \u0645\u06cc\u062e\u0631\u06cc\u062f\u0646\u062f \u0648 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0645\u06cc\u0641\u0631\u0648\u062e\u062a\u0646\u062f. \u062f\u0631 \u0646\u062a\u06cc\u062c\u0647\u060c \u0628\u0627 \u06a9\u0627\u0647\u0634 \u067e\u06cc\u0648\u0646\u062f UST \u0648 \u0633\u0642\u0648\u0637 \u0627\u0631\u0632\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\u060c \u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u06a9\u0627\u0647\u0634 \u0645\u06cc \u06cc\u0627\u0628\u062f. \u0628\u0647 \u062f\u0644\u06cc\u0644 \u0648\u062d\u0634\u062a\u060c \u0645\u0631\u062f\u0645 \u0633\u0639\u06cc \u06a9\u0631\u062f\u0646\u062f UST \u0631\u0627 \u062f\u0631 \u0635\u0631\u0627\u0641\u06cc\u200c\u0647\u0627 \u0628\u0627 \u0642\u06cc\u0645\u062a\u200c\u0647\u0627\u06cc \u067e\u0627\u06cc\u06cc\u0646\u200c\u062a\u0631 \u0628\u0641\u0631\u0648\u0634\u0646\u062f\u060c \u06a9\u0647 \u0641\u0634\u0627\u0631 \u0641\u0631\u0648\u0634 \u062c\u062f\u06cc\u062f\u06cc \u0628\u0631 \u0627\u06cc\u0646 \u0627\u0631\u0632 \u0648\u0627\u0631\u062f \u06a9\u0631\u062f.<\/p>\n

\u0628\u0647 \u0637\u0648\u0631 \u062e\u0644\u0627\u0635\u0647\u060c \u0641\u0631\u0648\u0634 UST \u0645\u0648\u062c\u0628 \u0634\u062f \u06a9\u0647 \u0644\u0648\u0646\u0627 \u0628\u06cc\u0634\u062a\u0631 \u062f\u0631 \u06af\u0631\u062f\u0634 \u0642\u0631\u0627\u0631 \u0628\u06af\u06cc\u0631\u062f \u0648 \u062f\u0631 \u0646\u062a\u06cc\u062c\u0647 \u0642\u06cc\u0645\u062a \u0644\u0648\u0646\u0627 \u06a9\u0627\u0647\u0634 \u06cc\u0627\u0628\u062f. \u062f\u0631 \u0646\u062a\u06cc\u062c\u0647 \u0641\u0631\u0648\u067e\u0627\u0634\u06cc \u0627\u06a9\u0648\u0633\u06cc\u0633\u062a\u0645 \u062a\u0631\u0627\u060c \u0642\u0627\u0646\u0648\u0646\u06af\u0630\u0627\u0631\u0627\u0646 \u0648 \u0645\u0642\u0627\u0645\u0627\u062a \u062f\u0631 \u0633\u0631\u0627\u0633\u0631 \u062c\u0647\u0627\u0646 \u062e\u0648\u0627\u0633\u062a\u0627\u0631 \u0642\u0627\u0646\u0648\u0646\u06af\u0630\u0627\u0631\u06cc \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0628\u0631\u0627\u06cc \u0645\u062d\u0627\u0641\u0638\u062a \u0627\u0632 \u0628\u0627\u0632\u0627\u0631 \u06a9\u0631\u06cc\u067e\u062a\u0648 \u062f\u0631 \u0628\u0631\u0627\u0628\u0631 \u0633\u0642\u0648\u0637 \u0647\u0627\u06cc \u0622\u062a\u06cc \u0634\u062f\u0647 \u0627\u0646\u062f.<\/p>\n

\u0622\u06cc\u0627 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0627\u0645\u0646 \u0647\u0633\u062a\u0646\u062f\u061f<\/h3>\n

\u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0642\u0627\u0646\u0648\u0646\u06af\u0630\u0627\u0631\u06cc \u0646\u0634\u062f\u0647 \u0627\u0633\u062a. \u0628\u0646\u0627\u0628\u0631\u0627\u06cc\u0646\u060c \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u062f\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u0631\u06cc\u0633\u06a9 \u0627\u0641\u062a \u0627\u0631\u0632\u0634 \u0648\u062c\u0648\u062f \u062f\u0627\u0631\u062f \u0648 \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u062f\u0631 \u0635\u0648\u0631\u062a \u0639\u062f\u0645 \u0648\u062b\u06cc\u0642\u0647\u200c\u06af\u0630\u0627\u0631\u06cc\u060c \u0645\u0633\u062a\u0639\u062f \u062d\u0645\u0644\u0627\u062a \u0633\u0641\u062a\u0647\u200c\u0628\u0627\u0632\u06cc \u0628\u0627\u0634\u062f. \u0632\u0645\u0627\u0646\u06cc \u06a9\u0647 \u0639\u0631\u0636\u0647 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627 \u0628\u0647 \u0627\u0631\u0632\u0634 \u062a\u0648\u06a9\u0646 \u062d\u0627\u06a9\u0645\u06cc\u062a \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646 \u0645\u062a\u0635\u0644 \u0634\u0648\u062f\u060c \u0631\u06cc\u0633\u06a9 \u0627\u0641\u062a \u0627\u0631\u0632\u0634 \u0627\u0641\u0632\u0627\u06cc\u0634 \u0645\u06cc \u06cc\u0627\u0628\u062f.<\/p>\n

\u0628\u0646\u0627\u0628\u0631\u0627\u06cc\u0646\u060c \u0642\u0628\u0644 \u0627\u0632 \u062a\u0635\u0645\u06cc\u0645\u200c\u06af\u06cc\u0631\u06cc \u0628\u0631\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u062f\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u06cc\u0627 \u0647\u0631 \u0634\u06a9\u0644\u06cc \u0627\u0632 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\u060c \u0636\u0631\u0648\u0631\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062a\u062d\u0642\u06cc\u0642\u0627\u062a \u062e\u0648\u062f \u0631\u0627 \u0627\u0646\u062c\u0627\u0645 \u062f\u0647\u06cc\u062f \u0648 \u0627\u0635\u0648\u0644 \u0648 \u0633\u06cc\u06af\u0646\u0627\u0644\u200c\u0647\u0627\u06cc \u0641\u0646\u06cc \u062a\u0648\u06a9\u0646 \u0645\u0648\u0631\u062f \u0628\u0631\u0631\u0633\u06cc \u0631\u0627 \u062f\u0631\u06a9 \u06a9\u0646\u06cc\u062f.<\/p>\n

\u0639\u0644\u0627\u0648\u0647 \u0628\u0631 \u0627\u06cc\u0646\u060c \u0628\u0631\u0627\u06cc \u0645\u062d\u0627\u0641\u0638\u062a \u0627\u0632 \u0627\u0633\u062a\u06cc\u0628\u0644\u200c\u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc\u06cc \u0645\u0627\u0646\u0646\u062f TerraUSD\u060c \u0628\u0627\u06cc\u062f \u0628\u0647\u200c\u0637\u0648\u0631 \u06a9\u0627\u0645\u0644 \u062a\u0648\u0633\u0637 \u0648\u062b\u06cc\u0642\u0647 \u067e\u0627\u06cc\u062f\u0627\u0631\u060c \u0630\u062e\u0627\u06cc\u0631 \u062f\u0644\u0627\u0631\u06cc \u0646\u0642\u062f\u06cc\u0646\u06af\u06cc \u0627\u06cc\u062f\u0647\u200c\u0622\u0644 \u0622\u0645\u0631\u06cc\u06a9\u0627 \u06cc\u0627 \u0647\u0645\u062a\u0627\u06cc \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646 \u0622\u0646 \u062f\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644\u200c\u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u060c \u062d\u0645\u0627\u06cc\u062a \u0634\u0648\u0646\u062f. \u06af\u0632\u06cc\u0646\u0647 \u062f\u06cc\u06af\u0631 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0627\u0632 \u0642\u0631\u0627\u0631\u062f\u0627\u062f\u0647\u0627\u06cc \u0647\u0648\u0634\u0645\u0646\u062f<\/a> \u0628\u0631\u0627\u06cc \u062d\u0641\u0638 \u0648\u062b\u06cc\u0642\u0647 \u0628\u06cc\u0634 \u0627\u0632 \u062d\u062f \u0627\u0633\u062a. \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0645\u062b\u0627\u0644\u060c \u0633\u06cc\u0633\u062a\u0645 \u0627\u0646\u062d\u0644\u0627\u0644 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0631\u0627 \u0628\u0631\u0627\u06cc \u062d\u0641\u0638 \u062b\u0628\u0627\u062a \u067e\u06cc\u0648\u0646\u062f \u06a9\u0627\u0645\u0644 \u0648 \u0648\u062b\u06cc\u0642\u0647 \u06af\u0630\u0627\u0631\u06cc \u062f\u0631 \u0645\u0648\u0627\u0631\u062f\u06cc \u06a9\u0647 \u0646\u0633\u0628\u062a \u0648\u062b\u06cc\u0642\u0647 \u0628\u0647 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u06a9\u0645\u062a\u0631 \u0627\u0632 \u06cc\u06a9 \u0622\u0633\u062a\u0627\u0646\u0647 \u0645\u0634\u062e\u0635 \u0627\u0633\u062a\u060c \u0627\u062c\u0631\u0627 \u0645\u06cc \u06a9\u0646\u062f.<\/p>\n

\u0639\u0644\u0627\u0648\u0647 \u0628\u0631 \u0627\u06cc\u0646\u060c \u062f\u0631\u06a9 \u0627\u06cc\u0646 \u0646\u06a9\u062a\u0647 \u0636\u0631\u0648\u0631\u06cc \u0627\u0633\u062a \u06a9\u0647 \u0648\u062b\u06cc\u0642\u0647\u200c \u06af\u0630\u0627\u0631\u06cc\u060c \u062b\u0628\u0627\u062a \u0647\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0631\u0627 \u0645\u0634\u062e\u0635 \u0645\u06cc\u200c\u06a9\u0646\u062f. \u0627\u06cc\u0646 \u0627\u0645\u0631 \u0628\u0647 \u0645\u0639\u0646\u06cc \u0627\u0633\u062a \u06a9\u0647 \u0639\u062f\u0645 \u0627\u0639\u062a\u0645\u0627\u062f \u0628\u0647 \u0646\u0647\u0627\u062f\u060c \u0648 \u0647\u0645\u0686\u0646\u06cc\u0646 \u0647\u0631\u06af\u0648\u0646\u0647 \u0639\u0648\u0627\u0642\u0628 \u0628\u0631 \u0648\u062b\u06cc\u0642\u0647 \u067e\u0627\u06cc\u0647\u060c \u0645\u0645\u06a9\u0646 \u0627\u0633\u062a \u0628\u0647 \u0627\u0642\u062a\u0635\u0627\u062f \u0622\u0633\u06cc\u0628 \u0628\u0631\u0633\u0627\u0646\u062f. \u06a9\u0627\u0647\u0634 \u0627\u0631\u0632\u0634 \u0648\u062b\u06cc\u0642\u0647\u060c \u0627\u0631\u0632\u0634 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0631\u0627 \u06a9\u0627\u0647\u0634 \u0645\u06cc\u200c\u062f\u0647\u062f \u0648 \u0628\u0647 \u0637\u0648\u0631 \u0628\u0627\u0644\u0642\u0648\u0647 \u0645\u0646\u062c\u0631 \u0628\u0647 \u062a\u0644\u0627\u0634 \u0639\u0638\u06cc\u0645\u06cc \u0628\u0631\u0627\u06cc \u0628\u0627\u0632\u062e\u0631\u06cc\u062f \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0645\u06cc\u200c\u0634\u0648\u062f. \u0639\u0648\u0627\u0642\u0628 \u0627\u06cc\u0646 \u0648\u0636\u0639\u06cc\u062a \u0645\u0634\u0627\u0628\u0647 \u0639\u0648\u0627\u0642\u0628 \u06cc\u06a9 \u0628\u0627\u0646\u06a9\u062f\u0627\u0631\u06cc \u06a9\u0644\u0627\u0633\u06cc\u06a9 \u0627\u0633\u062a. \u062f\u0627\u0646\u0633\u062a\u0646 \u0648\u0627\u0628\u0633\u062a\u06af\u06cc \u0647\u0627\u06cc \u0645\u062a\u0642\u0627\u0628\u0644 \u0628\u06cc\u0646 \u0645\u0624\u0644\u0641\u0647 \u0647\u0627 \u0628\u0633\u06cc\u0627\u0631 \u0645\u0647\u0645 \u0627\u0633\u062a \u0632\u06cc\u0631\u0627 \u06cc\u06a9 \u0646\u0647\u0627\u062f \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u062a\u0639\u0627\u0645\u0644 \u067e\u06cc\u0686\u06cc\u062f\u0647 \u0627\u06cc \u0627\u0632 \u0639\u0646\u0627\u0635\u0631 \u062e\u0627\u0635 \u0627\u0633\u062a. \u0639\u0644\u0627\u0648\u0647 \u0628\u0631 \u0627\u06cc\u0646\u060c \u0627\u0632 \u0622\u0646\u062c\u0627\u06cc\u06cc \u06a9\u0647 \u0647\u06cc\u0686 \u0648\u062b\u06cc\u0642\u0647\u200c\u0627\u06cc \u0628\u0631\u0627\u06cc \u0628\u0627\u0632\u06af\u0631\u062f\u0627\u0646\u062f\u0646 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0648\u062c\u0648\u062f \u0646\u062f\u0627\u0631\u062f\u060c \u06a9\u0627\u0631\u0628\u0631\u0627\u0646 \u062f\u0631 \u0635\u0648\u0631\u062a \u0633\u0642\u0648\u0637\u060c \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u0647\u0627\u06cc \u062e\u0648\u062f \u0631\u0627 \u0627\u0632 \u062f\u0633\u062a \u0645\u06cc\u200c\u062f\u0647\u0646\u062f.<\/p>\n

\u062a\u0631\u062c\u0645\u0647 \u0634\u062f\u0647 \u062a\u0648\u0633\u0637 \u0645\u062c\u0644\u0647 \u062e\u0628\u0631\u06cc \u0646\u06cc\u067e\u0648\u062a\u0648<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0686\u06cc\u0633\u062a\u061f \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627 (stablecoin)\u060c \u0627\u0631\u0632\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\u06cc \u0647\u0633\u062a\u0646\u062f \u06a9\u0647 \u0628\u0647 \u062f\u0644\u0627\u0631 \u0622\u0645\u0631\u06cc\u06a9\u0627 \u0648\u0627\u0628\u0633\u062a\u0647 \u0647\u0633\u062a\u0646\u062f \u0648 \u0631\u0648\u06cc \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646 \u06a9\u0627\u0631 \u0645\u06cc \u06a9\u0646\u0646\u062f. \u0628\u0647 \u062f\u0644\u06cc\u0644 \u0647\u0632\u06cc\u0646\u0647 \u0647\u0627\u06cc \u0648\u0627\u0633\u0637\u0647 \u06af\u0631\u06cc \u06a9\u0645\u062a\u0631 \u0628\u0631\u0627\u06cc \u0641\u0639\u0627\u0644\u06cc\u062a \u062f\u0631 \u0628\u0644\u0627\u06a9 \u0686\u06cc\u0646\u060c \u0622\u0646\u0647\u0627 \u0628\u0647 \u0639\u0646\u0648\u0627\u0646 \u0627\u0631\u0632\u0647\u0627\u06cc \u0648\u0627\u0633\u0637\u0647 (vehicle currencies) \u0628\u0631\u0627\u06cc \u0645\u0639\u0627\u0645\u0644\u0647 \u062f\u0627\u0631\u0627\u06cc\u06cc \u0647\u0627\u06cc \u0627\u0631\u0632\u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u0646\u062f. \u0628\u0627\u0632\u062f\u0647\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u060c \u062a\u0645\u0631\u06a9\u0632\u0632\u062f\u0627\u06cc\u06cc \u0648 […]<\/p>\n","protected":false},"author":5,"featured_media":15121,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[1436,156,383,690],"class_list":["post-14875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-basis-knowledge","tag-erc-20","tag-stablecoin","tag-blockchain-technology","tag-dollar"],"yoast_head":"\n\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)<\/title>\n<meta name=\"description\" content=\"\u0633\u06cc\u0633\u062a\u0645 "\u062f\u0648 \u06a9\u0648\u06cc\u0646\u06cc" \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0645\u0639\u0645\u0648\u0644\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u06cc\u06a9 \u06a9\u0648\u06cc\u0646 \u0628\u0631\u0627\u06cc "\u062c\u0630\u0628" \u0646\u0648\u0633\u0627\u0646\u0627\u062a \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u062f\u06cc\u06af\u0631\u06cc \u062a\u0644\u0627\u0634 \u0645\u06cc \u06a9\u0646\u062f \u062a\u0627\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/\" \/>\n<meta property=\"og:locale\" content=\"fa_IR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)\" \/>\n<meta property=\"og:description\" content=\"\u0633\u06cc\u0633\u062a\u0645 "\u062f\u0648 \u06a9\u0648\u06cc\u0646\u06cc" \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0645\u0639\u0645\u0648\u0644\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u06cc\u06a9 \u06a9\u0648\u06cc\u0646 \u0628\u0631\u0627\u06cc "\u062c\u0630\u0628" \u0646\u0648\u0633\u0627\u0646\u0627\u062a \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u062f\u06cc\u06af\u0631\u06cc \u062a\u0644\u0627\u0634 \u0645\u06cc \u06a9\u0646\u062f \u062a\u0627\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/\" \/>\n<meta property=\"og:site_name\" content=\"\u0646\u06cc\u067e\u0648\u062a\u0648 \u0645\u06af\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-16T06:35:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-16T08:15:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nipoto.com\/mag\/wp-content\/uploads\/2022\/07\/algorithmic-stablecoins.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"520\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nipotomarket\" \/>\n<meta name=\"twitter:site\" content=\"@nipotomarket\" \/>\n<meta name=\"twitter:label1\" content=\"\u0646\u0648\u0634\u062a\u0647\u200c\u0634\u062f\u0647 \u0628\u062f\u0633\u062a\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u0632\u0645\u0627\u0646 \u062a\u0642\u0631\u06cc\u0628\u06cc \u0628\u0631\u0627\u06cc \u062e\u0648\u0627\u0646\u062f\u0646\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 \u062f\u0642\u06cc\u0642\u0647\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/\"},\"author\":{\"name\":\"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc\",\"@id\":\"https:\/\/nipoto.com\/mag\/#\/schema\/person\/4fa9f133e19f9a356dde522e4b9eddbb\"},\"headline\":\"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)\",\"datePublished\":\"2022-07-16T06:35:48+00:00\",\"dateModified\":\"2022-07-16T08:15:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/\"},\"wordCount\":71,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/nipoto.com\/mag\/#organization\"},\"keywords\":[\"ERC-20\",\"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646\",\"\u062a\u06a9\u0646\u0648\u0644\u0648\u0698\u06cc \u0628\u0644\u0627\u06a9\u0686\u06cc\u0646\",\"\u062f\u0644\u0627\u0631\"],\"articleSection\":[\"\u0645\u0641\u0627\u0647\u06cc\u0645 \u067e\u0627\u06cc\u0647 \u0628\u0627\u0632\u0627\u0631\u200c\u0647\u0627\u06cc \u0645\u0627\u0644\u06cc\"],\"inLanguage\":\"fa-IR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/\",\"url\":\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/\",\"name\":\"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)\",\"isPartOf\":{\"@id\":\"https:\/\/nipoto.com\/mag\/#website\"},\"datePublished\":\"2022-07-16T06:35:48+00:00\",\"dateModified\":\"2022-07-16T08:15:49+00:00\",\"description\":\"\u0633\u06cc\u0633\u062a\u0645 \\\"\u062f\u0648 \u06a9\u0648\u06cc\u0646\u06cc\\\" \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0645\u0639\u0645\u0648\u0644\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u06cc\u06a9 \u06a9\u0648\u06cc\u0646 \u0628\u0631\u0627\u06cc \\\"\u062c\u0630\u0628\\\" \u0646\u0648\u0633\u0627\u0646\u0627\u062a \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u062f\u06cc\u06af\u0631\u06cc \u062a\u0644\u0627\u0634 \u0645\u06cc \u06a9\u0646\u062f \u062a\u0627\",\"breadcrumb\":{\"@id\":\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/#breadcrumb\"},\"inLanguage\":\"fa-IR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u062e\u0627\u0646\u0647\",\"item\":\"https:\/\/nipoto.com\/mag\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nipoto.com\/mag\/#website\",\"url\":\"https:\/\/nipoto.com\/mag\/\",\"name\":\"\u0646\u06cc\u067e\u0648\u062a\u0648 \u0645\u06af\",\"description\":\"\u0627\u062e\u0628\u0627\u0631\u060c \u0622\u0645\u0648\u0632\u0634 \u0648 \u062a\u062d\u0644\u06cc\u0644 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644\",\"publisher\":{\"@id\":\"https:\/\/nipoto.com\/mag\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nipoto.com\/mag\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fa-IR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/nipoto.com\/mag\/#organization\",\"name\":\"\u0646\u06cc\u067e\u0648\u062a\u0648 \u0645\u06af\",\"url\":\"https:\/\/nipoto.com\/mag\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fa-IR\",\"@id\":\"https:\/\/nipoto.com\/mag\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/nipoto.com\/mag\/wp-content\/uploads\/2022\/06\/Logo-Vertical-Gradient-BG-FA.png\",\"contentUrl\":\"https:\/\/nipoto.com\/mag\/wp-content\/uploads\/2022\/06\/Logo-Vertical-Gradient-BG-FA.png\",\"width\":819,\"height\":819,\"caption\":\"\u0646\u06cc\u067e\u0648\u062a\u0648 \u0645\u06af\"},\"image\":{\"@id\":\"https:\/\/nipoto.com\/mag\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/nipotomarket\",\"https:\/\/instagram.com\/nipotomag\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nipoto.com\/mag\/#\/schema\/person\/4fa9f133e19f9a356dde522e4b9eddbb\",\"name\":\"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fa-IR\",\"@id\":\"https:\/\/nipoto.com\/mag\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d7bb87ab16cb7d1d37d32864bf27244df625ab9ec6f37948c877cf2c92bf1c95?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d7bb87ab16cb7d1d37d32864bf27244df625ab9ec6f37948c877cf2c92bf1c95?s=96&d=mm&r=g\",\"caption\":\"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc\"},\"description\":\"\u0645\u062a\u0631\u062c\u0645 \u0627\u062e\u0628\u0627\u0631 \u062a\u06a9\u0646\u0648\u0644\u0648\u0698\u06cc \u0648 \u0628\u0644\u0627\u06a9\u0686\u06cc\u0646\u060c \u0641\u0639\u0627\u0644 \u062f\u0631 \u062d\u0648\u0632\u0647 \u06a9\u0631\u06cc\u067e\u062a\u0648 \u0648 \u0645\u062a\u0627\u0648\u0631\u0633\u060c \u062a\u0647\u06cc\u0647 \u0648 \u0627\u062c\u0631\u0627\u06cc \u0648\u06cc\u062f\u06cc\u0648\u0647\u0627\u06cc \u0622\u0645\u0648\u0632\u0634\u06cc \u0648 \u06a9\u0627\u0631\u0628\u0631\u062f\u06cc \u062f\u0631 \u062d\u0648\u0632\u0647 \u06a9\u0631\u06cc\u067e\u062a\u0648\u06a9\u0627\u0631\u0646\u0633\u06cc.\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)","description":"\u0633\u06cc\u0633\u062a\u0645 \"\u062f\u0648 \u06a9\u0648\u06cc\u0646\u06cc\" \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0645\u0639\u0645\u0648\u0644\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u06cc\u06a9 \u06a9\u0648\u06cc\u0646 \u0628\u0631\u0627\u06cc \"\u062c\u0630\u0628\" \u0646\u0648\u0633\u0627\u0646\u0627\u062a \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u062f\u06cc\u06af\u0631\u06cc \u062a\u0644\u0627\u0634 \u0645\u06cc \u06a9\u0646\u062f \u062a\u0627","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/","og_locale":"fa_IR","og_type":"article","og_title":"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)","og_description":"\u0633\u06cc\u0633\u062a\u0645 \"\u062f\u0648 \u06a9\u0648\u06cc\u0646\u06cc\" \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0645\u0639\u0645\u0648\u0644\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u06cc\u06a9 \u06a9\u0648\u06cc\u0646 \u0628\u0631\u0627\u06cc \"\u062c\u0630\u0628\" \u0646\u0648\u0633\u0627\u0646\u0627\u062a \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u062f\u06cc\u06af\u0631\u06cc \u062a\u0644\u0627\u0634 \u0645\u06cc \u06a9\u0646\u062f \u062a\u0627","og_url":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/","og_site_name":"\u0646\u06cc\u067e\u0648\u062a\u0648 \u0645\u06af","article_published_time":"2022-07-16T06:35:48+00:00","article_modified_time":"2022-07-16T08:15:49+00:00","og_image":[{"width":900,"height":520,"url":"https:\/\/nipoto.com\/mag\/wp-content\/uploads\/2022\/07\/algorithmic-stablecoins.jpg","type":"image\/jpeg"}],"author":"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc","twitter_card":"summary_large_image","twitter_creator":"@nipotomarket","twitter_site":"@nipotomarket","twitter_misc":{"\u0646\u0648\u0634\u062a\u0647\u200c\u0634\u062f\u0647 \u0628\u062f\u0633\u062a":"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc","\u0632\u0645\u0627\u0646 \u062a\u0642\u0631\u06cc\u0628\u06cc \u0628\u0631\u0627\u06cc \u062e\u0648\u0627\u0646\u062f\u0646":"11 \u062f\u0642\u06cc\u0642\u0647"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/#article","isPartOf":{"@id":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/"},"author":{"name":"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc","@id":"https:\/\/nipoto.com\/mag\/#\/schema\/person\/4fa9f133e19f9a356dde522e4b9eddbb"},"headline":"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)","datePublished":"2022-07-16T06:35:48+00:00","dateModified":"2022-07-16T08:15:49+00:00","mainEntityOfPage":{"@id":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/"},"wordCount":71,"commentCount":0,"publisher":{"@id":"https:\/\/nipoto.com\/mag\/#organization"},"keywords":["ERC-20","\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646","\u062a\u06a9\u0646\u0648\u0644\u0648\u0698\u06cc \u0628\u0644\u0627\u06a9\u0686\u06cc\u0646","\u062f\u0644\u0627\u0631"],"articleSection":["\u0645\u0641\u0627\u0647\u06cc\u0645 \u067e\u0627\u06cc\u0647 \u0628\u0627\u0632\u0627\u0631\u200c\u0647\u0627\u06cc \u0645\u0627\u0644\u06cc"],"inLanguage":"fa-IR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/","url":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/","name":"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)","isPartOf":{"@id":"https:\/\/nipoto.com\/mag\/#website"},"datePublished":"2022-07-16T06:35:48+00:00","dateModified":"2022-07-16T08:15:49+00:00","description":"\u0633\u06cc\u0633\u062a\u0645 \"\u062f\u0648 \u06a9\u0648\u06cc\u0646\u06cc\" \u06cc\u06a9 \u0633\u0627\u062e\u062a\u0627\u0631 \u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc \u0645\u0639\u0645\u0648\u0644\u06cc \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u06cc\u06a9 \u06a9\u0648\u06cc\u0646 \u0628\u0631\u0627\u06cc \"\u062c\u0630\u0628\" \u0646\u0648\u0633\u0627\u0646\u0627\u062a \u0628\u0627\u0632\u0627\u0631 \u0627\u0633\u062a\u0641\u0627\u062f\u0647 \u0645\u06cc \u0634\u0648\u062f \u0648 \u062f\u06cc\u06af\u0631\u06cc \u062a\u0644\u0627\u0634 \u0645\u06cc \u06a9\u0646\u062f \u062a\u0627","breadcrumb":{"@id":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/#breadcrumb"},"inLanguage":"fa-IR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nipoto.com\/mag\/a-beginners-guide-on-algorithmic-stablecoins\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u062e\u0627\u0646\u0647","item":"https:\/\/nipoto.com\/mag\/"},{"@type":"ListItem","position":2,"name":"\u0627\u0633\u062a\u06cc\u0628\u0644 \u06a9\u0648\u06cc\u0646 \u0647\u0627\u06cc \u0627\u0644\u06af\u0648\u0631\u06cc\u062a\u0645\u06cc (algorithmic stablecoin)"}]},{"@type":"WebSite","@id":"https:\/\/nipoto.com\/mag\/#website","url":"https:\/\/nipoto.com\/mag\/","name":"\u0646\u06cc\u067e\u0648\u062a\u0648 \u0645\u06af","description":"\u0627\u062e\u0628\u0627\u0631\u060c \u0622\u0645\u0648\u0632\u0634 \u0648 \u062a\u062d\u0644\u06cc\u0644 \u0627\u0631\u0632 \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644","publisher":{"@id":"https:\/\/nipoto.com\/mag\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nipoto.com\/mag\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fa-IR"},{"@type":"Organization","@id":"https:\/\/nipoto.com\/mag\/#organization","name":"\u0646\u06cc\u067e\u0648\u062a\u0648 \u0645\u06af","url":"https:\/\/nipoto.com\/mag\/","logo":{"@type":"ImageObject","inLanguage":"fa-IR","@id":"https:\/\/nipoto.com\/mag\/#\/schema\/logo\/image\/","url":"https:\/\/nipoto.com\/mag\/wp-content\/uploads\/2022\/06\/Logo-Vertical-Gradient-BG-FA.png","contentUrl":"https:\/\/nipoto.com\/mag\/wp-content\/uploads\/2022\/06\/Logo-Vertical-Gradient-BG-FA.png","width":819,"height":819,"caption":"\u0646\u06cc\u067e\u0648\u062a\u0648 \u0645\u06af"},"image":{"@id":"https:\/\/nipoto.com\/mag\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/nipotomarket","https:\/\/instagram.com\/nipotomag"]},{"@type":"Person","@id":"https:\/\/nipoto.com\/mag\/#\/schema\/person\/4fa9f133e19f9a356dde522e4b9eddbb","name":"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc","image":{"@type":"ImageObject","inLanguage":"fa-IR","@id":"https:\/\/nipoto.com\/mag\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d7bb87ab16cb7d1d37d32864bf27244df625ab9ec6f37948c877cf2c92bf1c95?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d7bb87ab16cb7d1d37d32864bf27244df625ab9ec6f37948c877cf2c92bf1c95?s=96&d=mm&r=g","caption":"\u0645\u0631\u062c\u0627\u0646 \u0646\u0635\u06cc\u0628\u06cc"},"description":"\u0645\u062a\u0631\u062c\u0645 \u0627\u062e\u0628\u0627\u0631 \u062a\u06a9\u0646\u0648\u0644\u0648\u0698\u06cc \u0648 \u0628\u0644\u0627\u06a9\u0686\u06cc\u0646\u060c \u0641\u0639\u0627\u0644 \u062f\u0631 \u062d\u0648\u0632\u0647 \u06a9\u0631\u06cc\u067e\u062a\u0648 \u0648 \u0645\u062a\u0627\u0648\u0631\u0633\u060c \u062a\u0647\u06cc\u0647 \u0648 \u0627\u062c\u0631\u0627\u06cc \u0648\u06cc\u062f\u06cc\u0648\u0647\u0627\u06cc \u0622\u0645\u0648\u0632\u0634\u06cc \u0648 \u06a9\u0627\u0631\u0628\u0631\u062f\u06cc \u062f\u0631 \u062d\u0648\u0632\u0647 \u06a9\u0631\u06cc\u067e\u062a\u0648\u06a9\u0627\u0631\u0646\u0633\u06cc."}]}},"_links":{"self":[{"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/posts\/14875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/comments?post=14875"}],"version-history":[{"count":0,"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/posts\/14875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/media\/15121"}],"wp:attachment":[{"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/media?parent=14875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/categories?post=14875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nipoto.com\/mag\/wp-json\/wp\/v2\/tags?post=14875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}