Is MakerDAO Moving All Its USDC Funds to ETH? Vitalik Buterin Calls It Terrible Idea

EthereumIs MakerDAO Moving All Its USDC Funds to ETH？ Vitalik Buterin Calls It Terrible Idea08/12/2022Bitcoin Ethereum News

以太坊是 makerdao 将其所有 usdc 资金转移到 eth 吗？vitalik buterin 称其为可怕的想法 2022/08/12

In a big development, Rune Chirstensen, founder of MakerDAO has urged all the members to “seriously consider” preparing the depeg of the DAI stablecoin from the U.S. Dollar.

在一个重大发展中，makerdao 的创始人 rune chirstensen 敦促所有成员“认真考虑”准备与美元脱钩的 dai 稳定币。

The comments came on the MakerDAO discord chanel on Thursday, August 11, after the U.S. Treasury sanctioned crypto mixer Tornado Cash earlier this week. Post this, Circle – the issuer of USDC stablecoin – started freezing all the sanctioned USDC addresses.

在美国财政部本周早些时候批准了加密货币混合器 tornado cash 之后，这些评论于 8 月 11 日星期四在 makerdao discord chanel 上发表。发布此消息后，usdc 稳定币的发行人 circle 开始冻结所有受制裁的 usdc 地址。

As the OFAC baned residents from using Tornado Cash, while placing 44 USDC addresses under its sanctions list. As a result, Circle had to freeze $75,000 worth of stablecoins. On the MakerDAO Discord, Rune noted:

由于 ofac 禁止居民使用 tornado cash，同时将 44 个 usdc 地址列入其制裁名单。结果，circle 不得不冻结价值 75,000 美元的稳定币。在 makerdao discord 上，rune 指出：

The sanctions are “unfortunately more serious than I first thought. I think we should seriously consider preparing to depeg from USD. It is almost inevitable it will happen and it is only realistic to do with huge amounts of preparation.”

不幸的是，制裁比我最初想象的要严重。我认为我们应该认真考虑准备与美元脱钩。这几乎是不可避免的，只有在大量的准备下才能做到这一点。

Interestingly, Rune also proposed converting those USDC into ETH. Currently, more than 50% of MakerDAOs DAI stablecoin is collateralized by USDC. Thus, Rune expressed concern over this heavy dependence on a single stablecoin and a centralized asset.

有趣的是，rune 还提议将这些 usdc 转换为 eth。目前，超过 50% 的 makerdao 的 dai 稳定币由 usdc 抵押。因此，rune 对这种对单一稳定币和集中资产的严重依赖表示担忧。

With a market cap of $7 billion, DAI is currently the fourth-largest stablecoin in the market pegged to the U.S. Dollar.

dai 的市值为 70 亿美元，目前是市场上与美元挂钩的第四大稳定币。

Moving USDC to ETH, Vitalik Buterin Calls It A Terrible Idea

将 usdc 转移到 eth，vitalik buterin 称这是一个可怕的想法

Yearn.finance core developer @bantg tweeted that MakerDAO might consider moving all its $3.5 billion USDC to ETH. Thus, more than 50% of DAI stablecoins shall be backed by ETH, jumping from the existing 7%.

yearn.finance 核心开发者@bantg 在推特上表示，makerdao 可能会考虑将其所有 35 亿美元的 usdc 转移到 eth。因此，超过 50% 的 dai 稳定币将由 eth 支持，从现有的 7% 跃升。

MakerDAO is considering a $3.5 billion ETH market buy, converting all USDC from the peg stability module into ETH.

makerdao 正在考虑以 35 亿美元的价格购买 eth 市场，将所有 usdc 从挂钩稳定模块转换为 eth。

— banteg (@bantg) August 11, 2022

— 班特格 (@bantg) 2022 年 8 月 11 日

Soon after Runes proposal, the MakerDAO community reacted calling it another Terra in the making. Terra committed a similar mistake of backing all its USDT tokens with Bitcoin. With USDT undergoing a massive depeg, Terra had to liquidate all its BTC reserves.

在 runes 提案后不久，makerdao 社区做出反应，称其为另一个正在形成的 terra。 terra 犯了类似的错误，即用比特币支持其所有 usdt 代币。由于 usdt 经历了大规模的脱钩，terra 不得不清算其所有的 btc 储备。

Even Ethereum co-founder Vitalik Buterin has called this a risky proposition. Warning about it, Buterin said:

甚至以太坊联合创始人 vitalik buterin 也称这是一个冒险的提议。警告它，buterin 说：

Errr this seems like a risky and terrible idea. If ETH drops a lot, value of collateral would go way down but CDPs would not get liquidated, so the whole system would risk becoming a fractional reserve.

errr 这似乎是一个冒险和可怕的想法。如果 eth 大幅下跌，抵押品的价值将大幅下降，但 cdp 不会被清算，因此整个系统将面临成为部分准备金的风险。

However, Rune clarified that they are not completely going to transfer USDC to ETH. However, he still sticks to the idea of considering partial transfers.

但是，rune 澄清说，他们不会完全将 usdc 转移到 eth。不过，他仍然坚持考虑部分转会的想法。

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

bhushan 是一位金融科技爱好者，在理解金融市场方面拥有良好的天赋。他对经济和金融的兴趣使他关注新兴的区块链技术和加密货币市场。他不断地处于学习过程中，并通过分享他获得的知识来保持自己的动力。在空闲时间，他阅读惊悚小说，有时探索他的烹饪技巧。

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

所呈现的内容可能包含作者的个人观点，并视市场情况而定。在投资加密货币之前进行市场调查。作者或出版物不对您的个人经济损失承担任何责任。