This is a 3-month view.
During the last 3 months, the demand for crypto-leverage loans decreased and the demand for stablecoin-position loans increased.
8/ https://t.co/MG3YCNaqp5

这是 3 个月的视图。
在过去 3 个月中，对加密杠杆贷款的需求下降，对稳定币头寸贷款的需求增加。
8/ https://t.co/MG3YCNaqp5

Now let's look at both charts at the same time.
It is quite clear how these charts are correlated.
7/ https://t.co/n6zL2NgaGU

现在让我们同时看一下这两个图表。
很清楚这些图表是如何相关的。
7/ https://t.co/n6zL2NgaGU

On top of that, due to stablecoin holders' preference for Dai and the growing volume in stablecoin activity, the PSM as the direct portal to mint Dai for USDC at a 1:1 ratio gains traction.
Chart: outstanding Dai minted from stablecoin collateral.
6/ https://t.co/EYUGx2Labb

最重要的是，由于稳定​​币持有者对 Dai 的偏好以及稳定币活动量的增长，PSM 作为 USDC 以 1:1 的比例铸造 Dai 的直接门户获得了吸引力。
图表：从稳定币抵押品中铸造的优秀 Dai。
6/ https://t.co/EYUGx2Labb

During downtimes, users are more likely to switch their positions to stable assets that could provide regular, less risky returns.
Stablecoin liquidity positions in decentralized exchanges are preferred in this case — No volatility, good risk/reward ratio.
5/

在停机期间，用户更有可能将头寸转换为可以提供定期、风险较小的回报的稳定资产。
在这种情况下，去中心化交易所中的稳定币流动性头寸是首选——没有波动性，良好的风险/回报率。
5/

Of course, when the crypto market is not that bullish, price decreases lead to the opposite behavior on crypto-leverage demand.
However, the collateralization diversity of the Maker Protocol adapts to different conditions.
4/

当然，当加密市场不那么看涨时，价格下跌会导致加密杠杆需求出现相反的行为。
然而，Maker 协议的抵押多样性适应不同的条件。
4/

When the crypto market goes up, price increases lead to higher crypto-leverage demand — More users using their core crypto as collateral to borrow against it.
ETH and WBTC are generally preferred during these times.
Chart: Dai supply minted from volatile crypto assets.
3/ https://t.co/xUTRENCq2D

当加密市场上涨时，价格上涨会导致更高的加密杠杆需求——更多的用户使用他们的核心加密作为抵押品来抵押它。
在这些时期，通常首选 ETH 和 WBTC。
图表：由波动的加密资产铸造的 Dai 供应。
3/ https://t.co/xUTRENCq2D

The Maker Protocol acts as an autonomous credit-facility protocol that adapts itself to different market conditions.
Market condition changes lead to different lending demand behaviors.
And, for different lending demand behaviors, there are different ways to borrow Dai.
2/

Maker 协议作为一个自主的信贷便利协议，可以适应不同的市场条件。
市场条件的变化导致不同的借贷需求行为。
并且，针对不同的借贷需求行为，借入 Dai 的方式也不同。
2/

Total value locked at $10 billion.
Dai supply +9% in the last month.
6.2 billion Dai from stablecoins.
1.8 billion Dai from LPs.
700 million Dai from core crypto.
40 million Dai from real-world assets.
Let's explain the current dynamics behind the Maker Protocol.
🧵
1/ https://t.co/pQCyGwEJm8

总价值锁定在 100 亿美元。
上个月 Dai 供应量为 9%。
62 亿 Dai 来自稳定币。
来自 LP 的 18 亿 Dai。
来自核心加密货币的 7 亿 Dai。
4000 万 Dai 来自现实世界的资产。
让我们解释一下 Maker 协议背后的当前动态。
🧵
1/ https://t.co/pQCyGwEJm8

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Buy DAI on L2. Win DAI on L2 🤑
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• @RampNetwork 将免除通过 @argentHQ 购买 DAI 的费用，直至 8 月 14 日
• 您购买的 DAI 越多，您赢得的越多 https://t.co/q0riH7kJrJ

RT: We've teamed up with @argentHQ and @MakerDAO to boost their DAI-hard efforts in bringing crypto to the masses 😉
For a ⏳limited time, you can purchase $DAI with zero fees on @argentHQ exclusively via Ramp 🤟
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RT：我们与@argentHQ 和@MakerDAO 合作，加强他们在 DAI 方面的努力，将加密货币带给大众😉
在⏳限时，您可以通过 Ramp 独家在 @argentHQ 上零费用购买 $DAI 🤟
🗓️：仅限 8 月 1 日至 8 月 14 日 https://t.co/ozthQLFb6X

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RT：我们有一个巨大的赠品，有数百个奖品等你来赢取！
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@RampNetwork 使这成为可能

We want to encourage MKR holders and the community, in general, to participate in this initiative.
We want them to lead the process of formulating and establishing the rules that shape our community interaction.
Come join us!
👇
https://forum.makerdao.com/t/o...
9/

我们希望鼓励 MKR 持有者和整个社区参与这一倡议。
我们希望他们领导制定和建立塑造我们社区互动的规则的过程。
来加入我们！
👇
https://forum.makerdao.com/t/o...< /一>
9/

• Individuals working in Core Units (including Facilitators) are not eligible to receive off-chain proposal bounties.
• Proposals concerning collateral onboarding or requesting funds from the Maker Protocol are not eligible for off-chain proposal bounties.
8/

• 在核心单位工作的个人（包括促进者）没有资格获得链下提案赏金。
• 有关抵押入职或从 Maker 协议请求资金的提案不符合链下提案赏金的条件。
8/

Any community member with an account on https://forum.makerdao.com/ is eligible to receive off-chain proposal bounty payouts.
Community members must opt-in and provide an Ethereum mainnet address in order to receive payouts. This address will be publicly visible.
7/

任何拥有 https://forum.makerdao.com/ 帐户的社区成员都有资格获得链下服务提案赏金支出。
社区成员必须选择加入并提供以太坊主网地址才能接收付款。该地址将公开可见。
7/

A pool of 6,000 DAI per month is allocated for distribution amongst the authors of successful MakerDAO governance proposals.
The maximum reward for each type of successful proposal is denoted below.
• MIP - 2,000 DAI
• Subproposal - 1,000 DAI
• Signal - 500 DAI
6/

每月分配 6,000 DAI 池，分配给成功的 MakerDAO 治理提案的作者。
每种成功提案的最大奖励如下所示。
• MIP - 2,000 DAI
• 子提案 - 1,000 DAI
• 信号 - 500 DAI
6/

Signal Requests occur in the Maker forum to measure the sentiment of the public governance community.
Anyone can create a Signal Request thread to get feedback on their ideas to take action on an issue or improve the MakerDAO community.
5/

信号请求发生在 Maker 论坛中，以衡量公共治理社区的情绪。
任何人都可以创建一个信号请求线程，以获取有关他们想法的反馈，从而对问题采取行动或改进 MakerDAO 社区。
5/

A Maker Improvement Proposal (MIP) is a document that regulates and defines the behavior of the Maker Governance and the Maker Protocol.
They are standardized documents voted upon by the Maker Community.
MIPs can be added, amended, replaced, and removed.
4/

Maker Improvement Proposal (MIP) 是规范和定义 Maker 治理和 Maker 协议的行为的文件。
它们是由 Maker 社区投票选出的标准化文件。
可以添加、修改、替换和删除 MIP。
4/

In MakerDAO, the main tools to formalize these consensuses are MIPs (Maker Improvement Proposals) and Signal Requests.
Both are proposed and discussed within the MakerDAO discourse Forum and the MakerDAO official Discord.
3/

在 MakerDAO 中，形成这些共识的主要工具是 MIP（Maker Improvement Proposals）和 Signal Requests。
两者都是在 MakerDAO 话语论坛和 MakerDAO 官方 Discord 中提出和讨论的。
3/