Zora Labs放棄了其治理令牌模型，並在令牌的價值及其發行人之間創造了巨大的裂痕。

自六天前推出以來，Zora的價格下跌了55％，將所有令牌的價值（無論是市場上的代幣）的價值降至1.5億美元左右。

Traders are ditching onchain social network Zora’s token and creating a huge rift between the token’s value and its issuer.

交易者正在拋棄OnChain社交網絡Zora的代幣，並在代幣的價值及其發行人之間創造了巨大的裂痕。

The price of Zora (ZORA) has plummeted 55% since it launched six days ago, sending the value of all tokens — both those on the market and yet to be released — to around $150 million.

自六天前推出以來，Zora（Zora）的價格下跌了55％，這使所有代幣的價值（無論是市場上的代幣且尚未發行）的價值約為1.5億美元。

That’s $450 million less than the valuation of Zora Labs, the firm behind the network. Following a fundraising round in 2022, the venture fetched a valuation of $600 million.

這比網絡背後的公司Zora Labs的估值低4.5億美元。在2022年籌款之後，該合資企業的估值為6億美元。

The gap between these valuations could spell trouble for venture firms that have backed Zora Labs. Although crypto firms usually clarify that equity and tokens are separate assets, investors, as a matter of practice, often factor token prices into their valuations.

這些估值之間的差距可能會為支持Zora Labs的風險投資公司帶來麻煩。儘管加密公司通常會澄清，股權和代幣是單獨的資產，但在實踐中，投資者通常將代幣價格納入其估值中。

At a minimum, the split in values so

至少，值拆分