Ripple’s Secret Sauce:XRPとRLUSDがDefiを楽しく、恐ろしく混乱させる方法

So there’s this guy, David Schwartz-Ripple‘s CTO, or as I like to call him, the man who probably dreams in code-deciding to sprinkle a little tech magic on Twitter (or X, or whatever it’s calling itself today). In the latest episode of “What Does This All Mean?” he’s explaining how XRP and RLUSD are actually working together like an odd couple in a very niche sitcom about digital finance. circuit

プールには半分のRLUSDと半分のXRPがあります。プールの仮定は、LPトークンホルダーが長いXRPになり、XRPボラティリティから利益を得たいということです。
-David ‘Joelkatz’ Schwartz(@Joelkatz)2025年8月30日

This is the part where you realize that “liquidity pools” aren’t the latest superhero team but more like a high-stakes potluck dinner where everyone brings either a stablecoin or some crypto that’s probably better off on a keychain. The Automated Market Maker (AMM) on XRP Ledger-picture a fancy robot trying to make trades without the messy human teen angst-was unleashed with some nifty upgrade called XLS-30D last March. Because what better way to spice things up than adding a dash of automation to your digital dollar exchanges? robot

And then came the “clawback” amendment in January, which basically let Ripple’s RLUSD join the party like a finance version of the cool kid with a new skateboard. It’s now floating and trading directly on the XRP Ledger’s decentralized exchange (or DEX, because everything sounds cooler with an acronym). This move didn’t just boost liquidity; it turned DeFi from a nerdy corner into the latest social hotspot for crypto buffoons and whales alike. waves

RLUSD AMM流動性プールについて説明します – いくつかのポップコーンをつかみます

According to Schwartz-who, judging by Twitter, might have a firmware update every morning-the liquidity pool is basically a see-saw of RLUSD and XRP balancing each other out. These pools issue tokens, which-like tiny IOUs-claim a part of the digital pie, or at least a slice anyway. Think of it as a weird salad bowl where every spoonful has a bit of everything. When XRP’s price dips, the pool swaps RLUSD to buy more XRP (like trying to catch falling knives-except with less blood), and when XRP’s price surges, it converts XRP back into RLUSD (kind of like flipping pancakes: up, down, and never quite perfect). pancakes

The goal is hilariously straightforward: keep the “pool constant”-which sounds like a dull office term but, in reality, is a math cocktail of RLUSD times XRP divided by tokens. The aim? Make sure this number never-repeat, never-shrinks, unless they want a very awkward Twitter explanation. Basically, whether XRP is making a rollercoaster ride or just doing a slow crawl, your liquidity tokens are supposed to be riding that wave for maximum fun (or profit, hopefully). rollercoaster

キッカーは次のとおりです。これらのトークンはXRPの価格で跳ね返っていますが、XRPを完全に保持するよりも少ないドラマでそうしています。 XRPが最高のジェットコースターの印象を与えていても、それはよりバランスをとって、デジタルウォレットが少し太くなると考えてください。シュワルツによると、これらのトークンを持っている人々は「長いXRP」になりたいと思っています。

So next time you hear someone toss around “liquidity pools,” just remember: it’s basically a digital playground for those who prefer their finance with a side of chaos and a sprinkle of nerdy intrigue. And yes, somewhere in all those transactions, someone is probably laughing all the way to the blockchain bank. bank

2025-08-30 19:07