想象想在线使用数字资金

您可能知道与美元（例如USDC或USDT）挂钩的Stablecoins。它们很受欢迎且广泛使用。但是，如果您住在欧洲并想要一个稳定的人怎么办

In the burgeoning realm of digital assets, stablecoins, pegged to the US dollar, such as USDC and USDT, have emerged as ubiquitous units of account, commonly used for payments and value transfer. However, for individuals residing in Europe and prefering a stablecoin pegged to the Euro, or those engaged in business activities in Brazil and requiring a stablecoin based on the Brazilian Real, accessing these less common, non-USD stablecoins could present significant difficulties.

在数字资产的新兴领域中，与美元（例如USDC和USDT）挂钩的Stablecoins已成为无处不在的帐户单位，通常用于付款和价值转移。但是，对于居住在欧洲并偏爱与欧元挂钩的人，或者在巴西从事商业活动的人，并要求基于巴西真实的稳定者，访问这些不常见的，不常见的非USD stablecoins可能会带来重大困难。

Moreover, with the recent price rally in gold, many investors might wish to hold some of this tokenized asset in their portfolio, but not everyone has access to a vault to store physical gold.

此外，随着最近的黄金价格集会，许多投资者可能希望将其中一些标记资产持有其投资组合，但并不是每个人都可以访问保险库来存储实物黄金。

Until recently, swapping your common USD stablecoins for these less common, non-USD stablecoins (or tokenized assets like gold) could be tricky, expensive, or just plain confusing. The digital currency world, while growing fast, was messy and disconnected, especially for currencies other than the US dollar.

直到最近，将您的普通美元稳定币换成这些不常见的非usd stablecoins（或像黄金这样的标记资产）可能会很棘手，昂贵或简直令人困惑。数字货币界虽然迅速发展，但却凌乱而脱节，特别是对于美元以外的货币。

This is where Stabull Finance enters the picture.

这是Stabull财务进入图片的地方。

Stabull is a special kind of cryptocurrency exchange called a Decentralized Exchange (DEX), designed to be an automated, online currency exchange booth specifically designed for making swaps between different stablecoins – especially turning USD stablecoins into other global currency stablecoins – simple, cheap, and fast.

Stabull是一种特殊的加密货币交易所，称为分散交易所（DEX），旨在是一个自动化的，在线货币兑换摊位，专门设计用于在不同的稳定股之间进行互换，尤其是将USD Stablecoins变成其他全球货币Stablecoins（简单，便宜且快速）。

Let’s explore the problems Stabull solves and exactly how it makes these global stablecoin swaps so much easier.

让我们探索Stabull解决的问题，以及它如何使这些全局的Stablecoin交换变得如此容易得多。

A Few Problems Faced By Earlier Solutions

早期解决方案面临的一些问题

Before platforms like Stabull, swapping stablecoins, especially non-USD denominated ones, faced several hurdles:

在诸如Stabull之类的平台之前，交换稳定的稳定币，尤其是非uSD的稳定者面临着几个障碍：

* Scattered Liquidity: Each exchange would only have a few stablecoin pairings, like USDC/USDT or USDC/TRYB. To swap, for example, KRWQ (Korean Won) to NZDS (New Zealand Dollar), you might need to go through three exchanges, each with high minimum trade amounts.

*分散的流动性：每次交易所只有一些稳定的配对，例如USDC/USDT或USDC/TryB。例如，要互换KRWQ（韩国赢）到NZDS（新西兰美元），您可能需要进行三个交易所，每个交易量都具有很高的最低贸易额。

* High Minimum Trades: To keep their automated market makers (AMMs) liquid, exchanges usually had high minimum trade amounts for less common stablecoins, requiring large sums for even a single swap.

*高最低交易：为了保持自动做市商（AMMS）液体，交易所通常具有很高的最低贸易量，以减少常见的稳定稳定性，即使单个交换也需要大量款项。

* efficient AMMs, leading to price slippage on large trades and rendering it economically unviable for users to perform multi-hops.

*有效的AMM，导致大型交易的价格滑倒，并在经济上使用户无法执行多族。

* High Fees: Since most exchanges charged a flat fee per transaction, a multi-hop path for a single swap could rack up hefty fees, especially if the user was starting with a smaller amount of USD-denominated stablecoin.

*高费用：由于大多数交易大多数交易收取了固定费用，因此单个交换的多跳路路径可能会增加高额费用，尤其是如果用户开始使用较小的USD贬值的Stablecoin。

* Access Barriers: Some exchanges might require lengthy Know Your Customer (KYC) procedures to open accounts, while others might not list the desired stablecoins or have limited geographic access.

*访问障碍：某些交流可能需要冗长了解您的客户（KYC）程序才能打开帐户，而另一些交易所可能无法列出所需的Stablecoins或地理访问有限。

In short, the world needed a better bridge – a place to easily connect the dominant USD stablecoins with the growing number of stablecoins representing other world currencies and tokenized assets.

简而言之，世界需要一座更好的桥梁 - 一个可以轻松将主要的美元稳定股与代表其他世界货币和标记资产的稳定股相连接的地方。

Introducing Stabull: A Unified Hub for Stable Swaps

引入Stabull：一个统一的用于稳定掉期的枢纽

This is where Stabull comes in. It’s a Decentralized Exchange (DEX) designed specifically for stablecoins and tokenized Real World Assets (RWAs) like gold.

这是Stabull进来的地方。这是一个专门为稳定币和象征化现实世界资产（RWAS）设计的分散交流（DEX）。

Bringing Everything Together (Unified Platform & Aggregated Liquidity)

将所有内容汇集在一起​​（统一平台和汇总流动性）

Unlike searching across many platforms, Stabull brings together numerous stablecoins in one place. It uses a system where most non-USD stablecoins are directly paired with a major USD stablecoin, primarily USDC, within "liquidity pools."

与在许多平台上进行搜索不同，Stabull在一个地方汇集了许多Stablecoins。它使用的系统在“流动性池”中直接与主要的USD Stablecoin（主要是USDC）直接配对的系统。

For instance, you’ll find direct pairings like USDC/TRYB, USDC/KRWQ, USDC/NZDS, and so on. This multi-chain architecture enables users to conveniently perform stablecoin swaps in a single transaction, keeping the entire process efficient and cost-effective.

例如，您会发现诸如USDC/TryB，USDC/KRWQ，USDC/NZD等直接配对。这种多链体系结构使用户能够在单个交易中方便地执行稳定交换，从而使整个过程有效且具有成本效益。

The platform also aggregates liquidity from various sources, ensuring there’s always enough to fill even large orders without causing significant price impact.

该平台还汇总了来自各种来源的流动性，确保始终有足够的填充即使是大量订单，而不会造成重大价格影响。

Smart Trading Technology (Oracle-Powered AMM)

智能交易技术（Oracle驱动的AMM）

Stabull isn’t just a simple marketplace; it uses advanced technology called an Automated Market Maker (AMM) specifically tuned for stable assets. This is what makes the swaps cheap and accurate.

Stabull不仅是一个简单的市场；它使用了称为自动化做市商（AMM）的高级技术，专门针对稳定资产进行了调整。这就是使掉期便宜且准确的原因。

Each liquidity pool on Stabull is powered by an oracle that tracks the mid-market price of the two assets in the pool. When a user wants to make a swap, for example, from USDC to TRYB, Stabull’s AMM calculates the optimal exchange rate based on the oracle prices and the current liquidity in the pool to ensure fair and competitive pricing.

Stabull上的每个流动性池都由甲骨文提供动力，该甲骨可以跟踪游泳池中两个资产的中间市场价格。例如，当用户想互换从USDC到TryB时，Stabull的AMM根据Oracle价格和池中的当前流动性来计算最佳汇率，以确保公平和竞争性的价格。

Lower Costs (Fees and Multi-Chain Strategy)

降低成本（费用和多链策略）

Stabull tackles the cost problem head-on:

Stabull直接解决成本问题：

- Minimal Transaction Fees: Each transaction on Stabull is subject to a flat 0.15% fee, charged in the output token. For instance, if a user exchanges 1,000 USDC for TRYB and the transaction is successful, a fee of 1.50 USDC will be deducted from the output token amount, with the user receiving the remaining 998.50 TRYB.

- 最低交易费用：Stabull上的每笔交易均持续0.15％的费用，并收取输出令牌。例如，如果用户将1,000美元的TryB交换并且交易成功，则从输出令牌金额中扣除1.50 USDC的费用，并且用户接收其余的998.50 TryB。

- Multi-Chain Architecture: Stabull supports multiple blockchains to keep transaction

- 多链体系结构：Stabull支持多个区块链以保持交易