Polkadot的Pusd：一种本地稳定的，以释放出潜能

Polkadot即将推出Pusd，这是一种由点支持的Stablecoin，以提高Defi流动性并减少对外部稳定的依赖，从而有可能彻底改变其生态系统。

Polkadot's pUSD: A Native Stablecoin to Unleash DeFi Potential

Polkadot的Pusd：一种本地稳定的，以释放出潜能

Polkadot is making waves with its proposal to launch pUSD, a stablecoin fully backed by DOT tokens. This move aims to boost DeFi liquidity, reduce reliance on stablecoins like USDT and USDC, and foster economic resilience within the Polkadot ecosystem. Is pUSD the key to unlocking Polkadot's full potential?

波尔卡多（Polkadot）的提议正在发动波斯（Pusd），这是一个由点令牌完全支持的稳定者。此举旨在提高Defi流动性，减少对USDT和USDC等稳定的依赖，并在Polkadot生态系统中促进经济韧性。 PUSD是解锁Polkadot的全部潜力的关键吗？

The Dawn of pUSD: A DOT-Collateralized Stablecoin

PUSD的黎明：一个点 - 填充的Stablecoin

Polkadot is gearing up to launch pUSD, its first native stablecoin, designed to be fully backed by DOT tokens. This initiative is gaining traction, with a recent proposal highlighting its potential to boost DeFi growth and reduce dependence on external stablecoins. The proposed pUSD is designed as an over-collateralized debt token, allowing users to borrow against their DOT holdings without sacrificing them. This mechanism aims to bring more stability to traders and liquidity providers, while also promoting developer activity.

Polkadot正在准备发射Pusd，这是其第一个本地Stablecoin，旨在完全由DOT令牌支持。该倡议正在引起人们的关注，最近提出的提案突出了其增长的潜力，并减少对外部稳定的依赖性。拟议的PUSD被设计为过度物质化的债务令牌，使用户可以在不牺牲它们的情况下借用其点持有量。这种机制旨在为贸易商和流动性提供者带来更大的稳定性，同时还促进开发人员的活动。

Why pUSD Matters

为什么PUSD很重要

The introduction of pUSD is a strategic move by Polkadot to foster self-sufficiency and economic resilience. By establishing pUSD, Polkadot aims to make the conversion between OpenGov DOT-stablecoin and pUSD much more convenient, promoting self-sufficiency. This stablecoin may also be included in Polkadot’s Treasury for payments, reducing the need for maintaining separate reserves in external stablecoins. Over time, the Treasury could even use pUSD as an incentive for staking, potentially eliminating DOT inflation and replacing it with stable payouts.

PUSD的引入是Polkadot促进自给自足和经济韧性的战略举动。通过建立PUSD，Polkadot的目标是使OpenGov Dot-Stablecoin和Pusd之间的转换更加方便，从而促进自给自足。该稳定的股份也可以包括在Polkadot的财政部以进行付款，从而减少了在外部稳定中维持单独储量的需求。随着时间的流逝，财政部甚至可以将PUSD用作积累的动机，有可能消除DOT通货膨胀并以稳定的支出代替。

Addressing Liquidity Challenges

应对流动性挑战

One of the key drivers behind pUSD is the need to address liquidity challenges within the Polkadot ecosystem. Currently, Polkadot has less than $100 million in stablecoin liquidity, significantly lower than chains like Ethereum and Solana. This lack of liquidity has hindered the network’s DeFi growth and discouraged developers. pUSD aims to solve this by providing a stable medium of exchange, supporting developers building DeFi apps, and enabling holders to borrow against DOT without liquidation.

PUSD背后的主要驱动因素之一是需要解决Polkadot生态系统中的流动性挑战。目前，Polkadot的Stablecoin流动性不到1亿美元，其链条明显低于以太坊和Solana等连锁店。这种流动性的缺乏阻碍了该网络的挑战增长和灰心的开发人员。 PUSD的目的是通过提供稳定的交换媒介，支持开发人员构建Defi应用程序，并使持有人能够在没有清算的情况下借用DOT来解决这一问题。

Community and Governance

社区和治理

The pUSD proposal has garnered significant community support, with voting support nearing the approval threshold. Polkadot co-founder Gavin Wood has also expressed his support, calling the stablecoin “strategically essential” to the future of the network. The rollout of pUSD will be guided by OpenGov tokenholders, reflecting decentralized consensus and showcasing Polkadot’s community-driven model. This democratic process aims to increase legitimacy and ensure that the stablecoin aligns with the needs of the Polkadot community.

PUSD提案获得了大量的社区支持，投票支持接近批准门槛。 Polkadot的联合创始人加文·伍德（Gavin Wood）也表示支持，称稳定的人对网络的未来“战略性至关重要”。 PUSD的推出将以OpenGov Tokenholder的指导，反映出分散的共识并展示Polkadot的社区驱动模型。这一民主进程旨在提高合法性，并确保稳定剂与波尔卡多社区的需求保持一致。

A Broader Industry Trend

更广泛的行业趋势

Polkadot’s move towards a native stablecoin is part of a broader industry trend. Several competing blockchains have created similar assets to build internal economies and mitigate third-party risk. Others point to Circle’s USDC and Tether’s USDT as becoming potential risk factors because they are subject to external governance and regulatory interventions. By de-pegging, the network takes a step towards reducing its reliance on outside stablecoins and enabling greater autonomy and liquidity.

波尔卡多（Polkadot）朝着本地稳定的稳定性转向是更广泛的行业趋势的一部分。几个相互竞争的区块链创造了类似的资产来建立内部经济并减轻第三方风险。其他人则指出，Circle的USDC和Tether的USDT是潜在的危险因素，因为它们受外部治理和监管干预措施的约束。通过De-Peggging，该网络迈出了一步，朝着减少其对外部稳定的依赖，并实现更大的自主权和流动性。

Potential Concerns and Controversies

潜在的关注和争议

While the proposal has strong support, it has also sparked some controversy. Observers warn against a system-level stablecoin, raising concerns about potential risks. However, proponents argue that the benefits of pUSD, such as increased liquidity and reduced reliance on external stablecoins, outweigh the risks. The debate highlights the complexities of introducing a native stablecoin and the need for careful consideration of potential consequences.

尽管该提议得到了强有力的支持，但它也引发了一些争议。观察者警告说，对系统级的稳定剂警告，引起了人们对潜在风险的担忧。但是，支持者认为，PUSD的益处，例如增加的流动性和减少对外部稳定的依赖的依赖，超过了风险。辩论强调了引入本地稳定的复杂性以及仔细考虑潜在后果的需要。

The Future of pUSD

PUSD的未来

If approved, pUSD would become an integral part of the Asset Hub of Polkadot. It is expected to attract traders who need a stable medium of exchange, support developers building DeFi apps, and enable holders to borrow against DOT without liquidation. The success of pUSD will depend on its ability to maintain stability, foster community trust, and drive DeFi growth within the Polkadot ecosystem.

如果获得批准，PUSD将成为Polkadot资产中心的组成部分。预计将吸引需要稳定的交换媒介，支持开发人员建立偏见应用程序的交易者，并使持有人能够在不清算的情况下借用DOT。 PUSD的成功将取决于其维持稳定性，促进社区信任并推动Polkadot生态系统中的Defi增长的能力。

So, will pUSD be the game-changer Polkadot needs? Only time will tell, but one thing is for sure: the future of DeFi on Polkadot just got a whole lot more interesting. Keep your eyes peeled, folks – this could be the start of something big!

那么，PUSD会成为改变游戏规则的Polkadot需求吗？只有时间会说明，但是可以肯定的是：Polkadot上Defi的未来变得更加有趣。睁大眼睛，伙计们 - 这可能是大事物的开始！