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<title>解答与文章 — Assetrix DAO</title>
<subtitle>Assetrix DAO 最新的解答与文章，按时间倒序。</subtitle>
<id>https://assetrix.org/zh/reading.xml</id>
<link href="https://assetrix.org/zh/answers/"/>
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<updated>2026-10-04T00:00:00Z</updated>
<author><name>Assetrix DAO</name></author>
<entry>
<title>Arbitrum、Arbitrum One、Nova 与 ARB：各是什么</title>
<id>https://assetrix.org/zh/answers/arbitrum-and-arbitrum-one/</id>
<link href="https://assetrix.org/zh/answers/arbitrum-and-arbitrum-one/"/>
<published>2026-10-04T00:00:00Z</published>
<updated>2026-10-04T00:00:00Z</updated>
<category term="answer"/>
<summary>技术、网络与代币：Arbitrum One 与 Arbitrum、与 Nova、与 ARB 有什么不同。</summary>
</entry>
<entry>
<title>Bonding curve 是什么，走完之后会发生什么</title>
<id>https://assetrix.org/zh/answers/what-is-a-bonding-curve/</id>
<link href="https://assetrix.org/zh/answers/what-is-a-bonding-curve/"/>
<published>2026-10-03T00:00:00Z</published>
<updated>2026-10-03T00:00:00Z</updated>
<category term="answer"/>
<summary>许多代币发行背后的定价规则：公式、曲线形状，以及曲线走完之后会发生什么。</summary>
</entry>
<entry>
<title>把协议写两遍</title>
<id>https://assetrix.org/zh/answers/writing-a-protocol-twice/</id>
<link href="https://assetrix.org/zh/answers/writing-a-protocol-twice/"/>
<published>2026-09-25T00:00:00Z</published>
<updated>2026-09-25T00:00:00Z</updated>
<category term="answer"/>
<summary>没有任何测试集能抓到的那一类缺陷，以及找出它最省钱的办法。</summary>
</entry>
<entry>
<title>如何判断团队是否还能改动合约</title>
<id>https://assetrix.org/zh/answers/can-a-team-change-the-contract/</id>
<link href="https://assetrix.org/zh/answers/can-a-team-change-the-contract/"/>
<published>2026-09-17T00:00:00Z</published>
<updated>2026-09-17T00:00:00Z</updated>
<category term="answer"/>
<summary>该看什么、按什么顺序看，以及每个答案实际意味着什么。</summary>
</entry>
<entry>
<title>代币可以只涨不跌吗？</title>
<id>https://assetrix.org/zh/answers/can-a-token-only-go-up/</id>
<link href="https://assetrix.org/zh/answers/can-a-token-only-go-up/"/>
<published>2026-09-12T00:00:00Z</published>
<updated>2026-09-12T00:00:00Z</updated>
<category term="answer"/>
<summary>一个设计问题，答案是否定的，以及这个答案给你留下了什么。</summary>
</entry>
<entry>
<title>“有支撑”是什么意思，以及如何自行核查</title>
<id>https://assetrix.org/zh/answers/what-backed-means/</id>
<link href="https://assetrix.org/zh/answers/what-backed-means/"/>
<published>2026-09-12T00:00:00Z</published>
<updated>2026-09-12T00:00:00Z</updated>
<category term="answer"/>
<summary>支撑与支撑的承诺之间的区别，用四个问题分辨。</summary>
</entry>
<entry>
<title>如何证明一份文档没有被事后改写</title>
<id>https://assetrix.org/zh/answers/proving-a-document-was-not-rewritten/</id>
<link href="https://assetrix.org/zh/answers/proving-a-document-was-not-rewritten/"/>
<published>2026-09-12T00:00:00Z</published>
<updated>2026-09-12T00:00:00Z</updated>
<category term="answer"/>
<summary>校验和与时间戳，以及为什么 PDF 上的日期什么也证明不了。</summary>
</entry>
<entry>
<title>如何读懂代币的供应量</title>
<id>https://assetrix.org/zh/answers/reading-token-supply/</id>
<link href="https://assetrix.org/zh/answers/reading-token-supply/"/>
<published>2026-09-12T00:00:00Z</published>
<updated>2026-09-12T00:00:00Z</updated>
<category term="answer"/>
<summary>流通量、总量、完全稀释量——三个经常被混淆的数字，以及每一个究竟说明了什么。</summary>
</entry>
<entry>
<title>合约真的不可更改吗？</title>
<id>https://assetrix.org/zh/answers/is-a-contract-really-immutable/</id>
<link href="https://assetrix.org/zh/answers/is-a-contract-really-immutable/"/>
<published>2026-09-12T00:00:00Z</published>
<updated>2026-09-12T00:00:00Z</updated>
<category term="answer"/>
<summary>一个几分钟就能核实的说法，以及它通常在哪四个地方并不成立。</summary>
</entry>
<entry>
<title>第二阶段：曲线走完之后</title>
<id>https://assetrix.org/zh/articles/phase-two-when-the-curve-runs-out/</id>
<link href="https://assetrix.org/zh/articles/phase-two-when-the-curve-runs-out/"/>
<published>2026-09-11T00:00:00Z</published>
<updated>2026-09-11T00:00:00Z</updated>
<category term="article"/>
<summary>铸造曲线覆盖前一亿枚代币。此后入场成本不再取决于已发行的数量，而取决于时钟。什么变了，什么没变。</summary>
</entry>
<entry>
<title>为什么&quot;发行价格只升不降&quot;不是传销</title>
<id>https://assetrix.org/zh/articles/rising-issue-price-is-not-a-pyramid/</id>
<link href="https://assetrix.org/zh/articles/rising-issue-price-is-not-a-pyramid/"/>
<published>2026-09-11T00:00:00Z</published>
<updated>2026-09-11T00:00:00Z</updated>
<category term="article"/>
<summary>只涨不跌的价格，最先让人联想到传销。这里把界定传销的五条特征逐条对照，包括这套设计中确实存在的那一处转移。</summary>
</entry>
<entry>
<title>为什么支撑来自外部，以及不是外部时会发生什么</title>
<id>https://assetrix.org/zh/articles/exogenous-collateral/</id>
<link href="https://assetrix.org/zh/articles/exogenous-collateral/"/>
<published>2026-09-06T00:00:00Z</published>
<updated>2026-09-06T00:00:00Z</updated>
<category term="article"/>
<summary>由协议自身代币构成的储备看起来像支撑，行为却像一面镜子。外部抵押品的代价，以及它换来了什么。</summary>
</entry>
<entry>
<title>有人离开时会发生什么，以及为什么它不稀释任何人</title>
<id>https://assetrix.org/zh/articles/how-redemption-works/</id>
<link href="https://assetrix.org/zh/articles/how-redemption-works/"/>
<published>2026-09-06T00:00:00Z</published>
<updated>2026-09-06T00:00:00Z</updated>
<category term="article"/>
<summary>赎回看上去像共有资金池该受损的时刻。在按比例的设计里，它恰恰是别人什么也没发生的时刻。</summary>
</entry>
<entry>
<title>入场成本如何增长：先是曲线，然后是速率</title>
<id>https://assetrix.org/zh/articles/how-the-cost-of-entry-grows/</id>
<link href="https://assetrix.org/zh/articles/how-the-cost-of-entry-grows/"/>
<published>2026-09-06T00:00:00Z</published>
<updated>2026-09-06T00:00:00Z</updated>
<category term="article"/>
<summary>第一阶段沿公开曲线升到二百美元；第二阶段按固定阶梯上的速率增长。两者都是上限，都不是预测。</summary>
</entry>
<entry>
<title>在信任一个协议之前，如何核查它</title>
<id>https://assetrix.org/zh/articles/checking-a-protocol-before-trusting-it/</id>
<link href="https://assetrix.org/zh/articles/checking-a-protocol-before-trusting-it/"/>
<published>2026-09-06T00:00:00Z</published>
<updated>2026-09-06T00:00:00Z</updated>
<category term="article"/>
<summary>一套适用于任何协议（包括本协议）的实用核查顺序，以及具体值得怀疑的地方。</summary>
</entry>
<entry>
<title>棘轮不是稳定币，也不是它的反面</title>
<id>https://assetrix.org/zh/articles/ratchet-vs-stablecoin/</id>
<link href="https://assetrix.org/zh/articles/ratchet-vs-stablecoin/"/>
<published>2026-09-05T00:00:00Z</published>
<updated>2026-09-05T00:00:00Z</updated>
<category term="article"/>
<summary>稳定币固定的是水平；棘轮固定的是入场成本的方向。这对储蓄者、支付者和交易者分别意味着什么。</summary>
</entry>
<entry>
<title>如何用校验和与 OpenTimestamps 核对一份文件</title>
<id>https://assetrix.org/zh/articles/verify-a-document/</id>
<link href="https://assetrix.org/zh/articles/verify-a-document/"/>
<published>2026-09-05T00:00:00Z</published>
<updated>2026-09-05T00:00:00Z</updated>
<category term="article"/>
<summary>两项无需信任发布者的检查：您手中的文件就是发布的那一份，而且它在所标日期之前就已存在。</summary>
</entry>
<entry>
<title>用两个数字讲清价格走廊</title>
<id>https://assetrix.org/zh/articles/price-corridor-explained/</id>
<link href="https://assetrix.org/zh/articles/price-corridor-explained/"/>
<published>2026-09-05T00:00:00Z</published>
<updated>2026-09-05T00:00:00Z</updated>
<category term="article"/>
<summary>为什么 ASTRX 没有目标价格，也不需要：合约设定的两个数字，以及撑住它们的套利。</summary>
</entry>
<entry>
<title>为什么支撑靠回撤上限保护，而不是靠固定底线</title>
<id>https://assetrix.org/zh/articles/drawdown-limit-not-floor/</id>
<link href="https://assetrix.org/zh/articles/drawdown-limit-not-floor/"/>
<published>2026-09-05T00:00:00Z</published>
<updated>2026-09-05T00:00:00Z</updated>
<category term="article"/>
<summary>保护水平不是储备必须守住的价格，而是每枚代币的支撑相对其纪录可以下跌多少的上限。</summary>
</entry>
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