{"id":3765,"date":"2023-05-31T10:49:44","date_gmt":"2023-05-31T10:49:44","guid":{"rendered":"https:\/\/coinkickoff.com\/?p=3765"},"modified":"2026-01-08T14:14:54","modified_gmt":"2026-01-08T14:14:54","slug":"usdc-vs-frax","status":"publish","type":"post","link":"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/","title":{"rendered":"USDC vs FRAX"},"content":{"rendered":"<h1><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-290 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/2022\/08\/Frax-Crypto.jpg\" alt=\"USDC vs FRAX\" width=\"1000\" height=\"533\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/2022\/08\/Frax-Crypto.jpg 1000w, https:\/\/coinkickoff.com\/wp-content\/uploads\/2022\/08\/Frax-Crypto-300x160.jpg 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/2022\/08\/Frax-Crypto-768x409.jpg 768w, https:\/\/coinkickoff.com\/wp-content\/uploads\/2022\/08\/Frax-Crypto-18x10.jpg 18w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/h1>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Sekce<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"P\u0159epnut\u00ed tabulky obsahu\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">P\u0159ep\u00edna\u010d<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#USDC_vs_FRAX\" >USDC vs FRAX<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#The_History_of_USDC_and_FRAX\" >Historie USDC a FRAX<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#How_Do_USDC_and_FRAX_Work\" >Jak funguje USDC a FRAX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#What_Are_the_Main_Use_Cases_of_USDC_and_FRAX\" >Jak\u00e9 jsou hlavn\u00ed p\u0159\u00edpady pou\u017eit\u00ed USDC a FRAX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#USDC_and_FRAX_Price_History\" >USDC a FRAX Cenov\u00e1 historie<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#USDC_Price_History\" >USDC Cenov\u00e1 historie<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#FRAX_Price_History\" >Historie ceny FRAX<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#USDC_and_FRAX_Market_Cap\" >USDC a FRAX Tr\u017en\u00ed kapitalizace<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#USDC_Market_Cap\" >USDC Tr\u017en\u00ed kapitalizace<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#FRAX_Market_Cap\" >FRAX Tr\u017en\u00ed kapitalizace<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#USDC_vs_FRAX_Main_Similarities\" >USDC vs FRAX: Hlavn\u00ed podobnosti\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#DeFi_Rewards\" >Odm\u011bny DeFi\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Centralization\" >Centralizace\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#USDC_vs_FRAX_Main_Differences\" >USDC vs FRAX: Hlavn\u00ed rozd\u00edly\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Collaterals\" >Kolater\u00e1ly<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Reserves\" >Rezervy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Market_Capitalization\" >Tr\u017en\u00ed kapitalizace<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Risks_Associated_With_USDC_and_FRAX\" >Rizika spojen\u00e1 s USDC a FRAXem\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Risk_of_Depegging\" >Riziko depeggingu<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Legal_and_Financial_Risks\" >Pr\u00e1vn\u00ed a finan\u010dn\u00ed rizika<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Where_Can_You_Buy_USDC_and_FRAX\" >Kde m\u016f\u017eete koupit USDC a FRAX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#How_Can_You_Exchange_USDC_for_FRAX\" >Jak m\u016f\u017eete vym\u011bnit USDC za FRAX?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/coinkickoff.com\/cs\/usdc-vs-frax\/#Future_Plans_for_USDC_and_FRAX\" >Budouc\u00ed pl\u00e1ny pro USDC a FRAX<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"USDC_vs_FRAX\"><\/span><span style=\"font-weight: 400;\">USDC vs FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><span style=\"font-weight: 400;\">Na pap\u00ed\u0159e, <a href=\"https:\/\/coinkickoff.com\/cs\/usd-coin-usdc\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Co je USD Coin (USDC)? Jak funguje a kde ho koupit?\">USDC<\/a> a <a href=\"https:\/\/coinkickoff.com\/cs\/frax-crypto-frax\/\" data-internallinksmanager029f6b8e52c=\"51\" title=\"Co je Frax Crypto (FRAX)? Jak funguje a kde ho koupit?\">FRAX<\/a> jsou si dost podobn\u00e9: jsou stabiln\u011bcoins nav\u00e1z\u00e1ny na americk\u00fd dolar. Maj\u00ed v\u0161ak d\u016fle\u017eit\u00e9 rozd\u00edly, o kter\u00fdch byste m\u011bli v\u011bd\u011bt, ne\u017e si n\u011bkterou z nich koup\u00edte.coin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">V tomto \u010dl\u00e1nku porovn\u00e1v\u00e1me USDC a Frax, abychom v\u00e1m pomohli pochopit rizika a v\u00fdhody investice do t\u011bchto stabiln\u00edchcoins. Bez dal\u0161\u00edch podrobnost\u00ed v\u00e1m p\u0159in\u00e1\u0161\u00edme na\u0161i recenzi USDC vs. Frax.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_History_of_USDC_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Historie USDC a FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>Vydal <a href=\"https:\/\/coinkickoff.com\/cs\/coinbase-review\/\">Coinbase<\/a>, jeden z nejv\u011bt\u0161\u00edch <a href=\"https:\/\/coinkickoff.com\/cs\/crypto-exchanges\/\" data-internallinksmanager029f6b8e52c=\"141\" title=\"21 Nejlep\u0161\u00ed kryptom\u011bnov\u00e9 burzy a aplikace v roce 2024\">kryptografick\u00e9 burzy<\/a> na sv\u011bt\u011b a Circle Consortium, USDC je podle tr\u017en\u00ed kapitalizace druhou nejv\u011bt\u0161\u00ed stabiln\u00ed spole\u010dnost\u00ed na sv\u011bt\u011bcoin.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">USDC byla poprv\u00e9 uvedena na trh v roce 2018 jako regulovan\u00e1 alternativa v USA k USDC. <a href=\"https:\/\/coinkickoff.com\/cs\/tether-usdt\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"Co je Tether (USDT)? Jak funguje a kde ho koupit?\">USDT<\/a>, prvn\u00ed a nej\u00fasp\u011b\u0161n\u011bj\u0161\u00ed stabiln\u00edcoin na sv\u011bt\u011b. Aktivum m\u011blo b\u00fdt <\/span><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-08-11\/coinbase-drops-promise-of-token-s-cash-backing-that-wasn-t-true\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">kryt\u00e9 americk\u00fdmi dolary ve feder\u00e1ln\u011b poji\u0161t\u011bn\u00fdch bank\u00e1ch.<\/span><\/a><span style=\"font-weight: 400;\">, i kdy\u017e Circle nakonec p\u0159ipustil, \u017ee <\/span><a href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/coinbase-crypto-stablecoin-usdc-mistake-reserves-treasuries-cash-treasurys-circle-2021-8\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Rezervy USDC nebyly tvo\u0159eny v\u00fdhradn\u011b hotovost\u00ed<\/span><\/a><span style=\"font-weight: 400;\"> v roce 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Samoz\u0159ejm\u011b, \u017ee ani dr\u017een\u00ed rezerv na bankovn\u00edch \u00fa\u010dtech nen\u00ed dokonal\u00fdm \u0159e\u0161en\u00edm, jak se uk\u00e1zalo v roce 2023, kdy se <\/span><a href=\"https:\/\/www.reuters.com\/business\/crypto-firm-circle-reveals-33-bln-exposure-silicon-valley-bank-2023-03-11\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Silvergate Bank vyhl\u00e1sila bankrot<\/span><\/a><span style=\"font-weight: 400;\">. Circle m\u011bl v t\u00e9 dob\u011b v bance Silvergate USDC v hodnot\u011b 3,3 miliardy a jakmile se zpr\u00e1va dostala na st\u00e1nky, do\u0161lo k p\u0159eru\u0161en\u00ed obchodov\u00e1n\u00ed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">USDC rychle obnovila sv\u016fj 1 USD kol\u00edk, jakmile Circle a FDIC ozn\u00e1mily, \u017ee \u00fa\u010dty Silvergate budou kryty a z\u00e1kazn\u00edci neutrp\u00ed ztr\u00e1ty.<\/span><\/p>\n<p><b>Frax byl uveden na trh v roce 2020. Vyd\u00e1v\u00e1 ji spole\u010dnost Frax Finance, kter\u00e1 je sou\u010d\u00e1st\u00ed skupiny DeFi.<\/b><span style=\"font-weight: 400;\"> A\u010dkoli byl p\u0159i sv\u00e9m spu\u0161t\u011bn\u00ed pom\u011brn\u011b popul\u00e1rn\u00ed, ztratil \u010d\u00e1st sv\u00e9 pozice ve prosp\u011bch jin\u00fdch projekt\u016f stablecoin kv\u016fli riskantn\u00edmu mechanismu peggingu, kter\u00fd \u010d\u00e1ste\u010dn\u011b z\u00e1vis\u00ed na algoritmech.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Do_USDC_and_FRAX_Work\"><\/span><span style=\"font-weight: 400;\">Jak funguje USDC a FRAX?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Pokud v\u00edte, jak funguje stablecoins, m\u00e1te ji\u017e p\u0159edstavu o tom, jak funguj\u00ed FRAX a USDC. Tyto stabiln\u00edcoins lze kdykoli vym\u011bnit za 1 USD, proto\u017ee jsou cenov\u011b stabiln\u00ed, proto n\u00e1zev stabiln\u00edcoins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ale jak se jim da\u0159\u00ed udr\u017eet cenu na 1 USD? No, USDC to d\u011bl\u00e1 klasick\u00fdm zp\u016fsobem. Udr\u017euje rezervu tvo\u0159enou aktivy, jako jsou hotovost, komer\u010dn\u00ed pap\u00edry a dluhopisy, kter\u00e9 zaru\u010duj\u00ed, \u017ee emitent USDC Circle od v\u00e1s m\u016f\u017ee v\u017edy odkoupit USDC za 1 USD.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">M\u016f\u017eete si to p\u0159edstavit jako banku. Vlo\u017e\u00edte do n\u00ed hotovost, dostanete z n\u00ed krypto, a pokud u\u017e krypto nepot\u0159ebujete, prost\u011b je vym\u011bn\u00edte zp\u011bt za hotovost.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Frax se li\u0161\u00ed od stabiln\u00edchcoins jako USDC a USDT dv\u011bma zp\u016fsoby. Zaprv\u00e9 nen\u00ed kryt\u00fd hotovost\u00ed nebo jej\u00edmi ekvivalenty, ale jin\u00fdmi kryptom\u011bnami jako USDC. Vyd\u00e1vaj\u00edc\u00ed spole\u010dnosti d\u00e1te sv\u016fj coins; ona v\u00e1m d\u00e1 FRAX. Kdy\u017e budete cht\u00edt sv\u016fj coins zp\u011bt, koup\u00ed si od v\u00e1s FRAX za tyto kryptorezervy. Jin\u00fdmi slovy, je to z\u00e1visl\u00e9 na jin\u00fdch kryptoaktiv\u00e1ch.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Abyste mohli razit FRAX, mus\u00edte zajistit sm\u011bs kryptom\u011bn, v\u010detn\u011b vlastn\u00ed nativn\u00ed spr\u00e1vy Frax Finance token. Mus\u00edte uzamknout ur\u010dit\u00e9 mno\u017estv\u00ed <a href=\"https:\/\/coinkickoff.com\/cs\/frax-share-crypto-fxs\/\" data-internallinksmanager029f6b8e52c=\"94\" title=\"Co je Frax Share Crypto (FXS)? Cena a kde ji koupit\">FXS<\/a> spolu s dal\u0161\u00ed \u0161ifrou coin, jako je USDC, abyste z\u00edskali FRAX.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jak si dok\u00e1\u017eete p\u0159edstavit, p\u0159in\u00e1\u0161\u00ed to do procesu dal\u0161\u00ed prvek rizika: Pokud kryptom\u011bny, kter\u00e9 podporuj\u00ed FRAX, ztrat\u00ed svou hodnotu, spole\u010dnost ji\u017e nem\u016f\u017ee zaru\u010dit 1 USD peg pro FRAX. Aby se toto riziko zm\u00edrnilo, FRAX pou\u017e\u00edv\u00e1 algoritmus, kter\u00fd rozhoduje o sm\u011bnn\u00e9m kurzu mezi kryptokolater\u00e1ly a FRAXem. FRAX je tedy poloalgoritmick\u00fd coin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Dal\u0161\u00ed slabinou je v\u0161ak z\u00e1vislost FRAXu na FXS. Pokud nap\u0159\u00edklad koup\u00edte 1 FRAX t\u00edm, \u017ee si uzamknete 0,50 USD v hodnot\u011b USDC a 0,50 USD v hodnot\u011b FXS, je hodnota va\u0161eho aktiva v\u00e1z\u00e1na na hodnotu USDC i FXS. V ide\u00e1ln\u00edm p\u0159\u00edpad\u011b by hodnota FXS m\u011bla r\u016fst s t\u00edm, jak FRAX z\u00edsk\u00e1v\u00e1 na popularit\u011b, ale historicky tomu bylo naopak.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jin\u00fdmi slovy, na rozd\u00edl od USDC je FRAX nedostate\u010dn\u011b zaji\u0161t\u011bn. To znamen\u00e1, \u017ee rezervy, kter\u00e9 kryj\u00ed FRAX, nesta\u010d\u00ed k \u00fapln\u00e9mu zaji\u0161t\u011bn\u00ed cenov\u00e9 stability FRAX.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_the_Main_Use_Cases_of_USDC_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Jak\u00e9 jsou hlavn\u00ed p\u0159\u00edpady pou\u017eit\u00ed USDC a FRAX?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Jedn\u00edm z hlavn\u00edch p\u0159\u00edpad\u016f pou\u017eit\u00ed stablecoins jsou okam\u017eit\u00e9 p\u0159evody hodnot: Tis\u00edce dolar\u016f m\u016f\u017eete poslat komukoli na sv\u011bt\u011b jednodu\u0161e tak, \u017ee si koup\u00edte USDC a po\u0161lete ho na jeho \u00fa\u010det. Pos\u00edl\u00e1n\u00ed USDC je mnohem rychlej\u0161\u00ed ne\u017e p\u0159evod pen\u011bz, zejm\u00e9na pokud prov\u00e1d\u00edte p\u0159eshrani\u010dn\u00ed transakce.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jako druh\u00fd nejv\u011bt\u0161\u00ed stabiln\u00edcoin na sv\u011bt\u011b m\u00e1 USDC i n\u011bkolik dal\u0161\u00edch mo\u017enost\u00ed vyu\u017eit\u00ed: Mnoho kryptografick\u00fdch burz provozuje USDC trhy pro r\u016fzn\u00e9 jin\u00e9 coins, kter\u00e9 denominuj\u00ed ceny coin v USDC. <\/span><b>To znamen\u00e1, \u017ee s USDC m\u016f\u017eete obchodovat s v\u011bt\u0161inou ostatn\u00edch kryptom\u011bn.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Dal\u0161\u00ed v\u00fdhodou USDC je jeho u\u017eite\u010dnost jako investi\u010dn\u00edho produktu DeFi. <\/span><b>Sv\u016fj USDC m\u016f\u017eete uzamknout v poolech DeFi a z\u00edskat tak pasivn\u00ed p\u0159\u00edjem ze sv\u00fdch prost\u0159edk\u016f.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">FRAX nen\u00ed v t\u011bchto ohledech tak u\u017eite\u010dn\u00fd jako USDC. S FRAX je podstatn\u011b obt\u00ed\u017en\u011bj\u0161\u00ed p\u0159ev\u00e9st hodnotu kv\u016fli jeho mal\u00e9 tr\u017en\u00ed kapitalizaci a nedostate\u010dn\u00e9mu zaji\u0161t\u011bn\u00ed. V\u011bt\u0161ina kryptografick\u00fdch burz tak\u00e9 neprovozuje trhy FRAX\/USD.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Obliba FRAXu v\u0161ak v roce 2023 m\u00edrn\u011b vzrostla, proto\u017ee emitent nab\u00edz\u00ed n\u011bkolik slu\u017eeb, v\u010detn\u011b s\u00e1zek a p\u016fj\u010dov\u00e1n\u00ed pool\u016f pro toto aktivum. Jednou z nejobl\u00edben\u011bj\u0161\u00edch slu\u017eeb, kter\u00e9 nab\u00edz\u00ed, je jejich <\/span><a href=\"https:\/\/docs.frax.finance\/frax-ether\/overview\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Frax Ether<\/span><\/a><span style=\"font-weight: 400;\"> pool, kde mohou u\u017eivatel\u00e9 z\u00edskat 6-10% \u00farok\u016f z jejich <a href=\"https:\/\/coinkickoff.com\/cs\/ethereum-eth\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Co je Ethereum (ETH)? Cena, historie a kde koupit\">Ethereum<\/a> vklady.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"USDC_and_FRAX_Price_History\"><\/span><span style=\"font-weight: 400;\">USDC a FRAX Cenov\u00e1 historie<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"USDC_Price_History\"><\/span><span style=\"font-weight: 400;\">USDC Cenov\u00e1 historie<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3761 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.09.24-PM-e1685527934221.png\" alt=\"\" width=\"637\" height=\"522\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.09.24-PM-e1685527934221.png 637w, https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.09.24-PM-e1685527934221-300x246.png 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.09.24-PM-e1685527934221-15x12.png 15w\" sizes=\"auto, (max-width: 637px) 100vw, 637px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Jak vid\u00edte, 1 USDC m\u00e1 hodnotu $1. V roce 2023 v\u0161ak USDC na kr\u00e1tkou dobu p\u0159eru\u0161il svou vazbu kv\u016fli zpr\u00e1v\u011b o bankrotu banky Silvergate. Cena USDC se rychle zotavila pot\u00e9, co bylo ozn\u00e1meno, \u017ee kryt\u00ed FDIC banky bude roz\u0161\u00ed\u0159eno tak, aby chr\u00e1nilo rezervy USDC.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"FRAX_Price_History\"><\/span><span style=\"font-weight: 400;\">Historie ceny FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2929 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history.png\" alt=\"historie cen frax\" width=\"977\" height=\"633\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history.png 977w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history-300x194.png 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history-768x498.png 768w, https:\/\/coinkickoff.com\/wp-content\/uploads\/frax-price-history-18x12.png 18w\" sizes=\"auto, (max-width: 977px) 100vw, 977px\" \/><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Frax m\u00e1 hodnotu p\u0159ibli\u017en\u011b 1 USD, i kdy\u017e v n\u011bkter\u00fdch p\u0159\u00edpadech se cena pohybovala nahoru a dol\u016f. Kol\u00eds\u00e1n\u00ed ceny lze p\u0159i\u010d\u00edst n\u00e1hl\u00e9mu zv\u00fd\u0161en\u00ed nebo poklesu popt\u00e1vky.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"USDC_and_FRAX_Market_Cap\"><\/span><span style=\"font-weight: 400;\">USDC a FRAX Tr\u017en\u00ed kapitalizace<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"USDC_Market_Cap\"><\/span><span style=\"font-weight: 400;\">USDC Tr\u017en\u00ed kapitalizace<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3760 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.09.47-PM-e1685527982119.png\" alt=\"\" width=\"644\" height=\"590\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.09.47-PM-e1685527982119.png 644w, https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.09.47-PM-e1685527982119-300x275.png 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.09.47-PM-e1685527982119-13x12.png 13w\" sizes=\"auto, (max-width: 644px) 100vw, 644px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">USDC v prvn\u00edm \u010dtvrtlet\u00ed roku 2023 ztratil \u010d\u00e1st pod\u00edlu na trhu, pravd\u011bpodobn\u011b kv\u016fli zpr\u00e1v\u00e1m o bankrotu spole\u010dnosti Silvergate. Navzdory ztr\u00e1t\u00e1m v\u0161ak toto aktivum st\u00e1le z\u016fst\u00e1v\u00e1 druh\u00fdm nejobl\u00edben\u011bj\u0161\u00edm stabiln\u00edmcoin na trhu.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Existuj\u00ed<\/span><b> p\u0159ibli\u017en\u011b 29 miliard kus\u016f USDC token <\/b><a href=\"https:\/\/coinmarketcap.com\/currencies\/tether\/\" target=\"_blank\" rel=\"noopener\"><b>v ob\u011bhu<\/b><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pro USDC nen\u00ed p\u0159ednastaven \u017e\u00e1dn\u00fd horn\u00ed limit. Kruh a p\u0159idru\u017een\u00e9 organizace se spr\u00e1vn\u00fdm pov\u011b\u0159en\u00edm mohou razit v\u00edce USDC token, dokud je po nich popt\u00e1vka. Kdy\u017e popt\u00e1vka klesne a lid\u00e9 prodaj\u00ed USDC za USD nebo jin\u00e9 token, p\u0159ebyte\u010dn\u00e9 USDC token se sp\u00e1l\u00ed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">USDC se vyd\u00e1v\u00e1 na Ethereum, <a href=\"https:\/\/coinkickoff.com\/cs\/stellar-xlm\/\" data-internallinksmanager029f6b8e52c=\"33\" title=\"Co je Stellar (XLM), jak funguje a kde ho koupit?\">Stellar<\/a>, <a href=\"https:\/\/coinkickoff.com\/cs\/solana-sol\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Co je Solana (SOL)? Jak funguje a kde ho koupit?\">Solana<\/a>a <a href=\"https:\/\/coinkickoff.com\/cs\/algorand-algo\/\" data-internallinksmanager029f6b8e52c=\"182\" title=\"Co je Algorand (ALGO)? Cena, historie a kde koupit\">Algorand<\/a> blockchains a m\u016f\u017eete tak\u00e9 p\u0159istupovat <a href=\"https:\/\/coinkickoff.com\/cs\/tron-trx\/\" data-internallinksmanager029f6b8e52c=\"27\" title=\"Co je Tron (TRX), jak funguje a kde ho koupit?\">TRON<\/a> USDC v s\u00edti Tron.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"FRAX_Market_Cap\"><\/span><span style=\"font-weight: 400;\">FRAX Tr\u017en\u00ed kapitalizace<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3766 size-full\" src=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.44.24-PM-e1685529918938.png\" alt=\"\" width=\"723\" height=\"540\" srcset=\"https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.44.24-PM-e1685529918938.png 723w, https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.44.24-PM-e1685529918938-300x224.png 300w, https:\/\/coinkickoff.com\/wp-content\/uploads\/Screen-Shot-2023-05-31-at-1.44.24-PM-e1685529918938-16x12.png 16w\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" \/><\/p>\n<p><a href=\"https:\/\/coinmarketcap.com\/currencies\/usd-coin\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">FRAX<\/span><\/a><span style=\"font-weight: 400;\">, kdysi jeden z nejlep\u0161\u00edch stabiln\u00edchcoins v ob\u011bhu, ztratil po p\u00e1du vl\u00e1dy svou popularitu. <a href=\"https:\/\/coinkickoff.com\/cs\/terra-luna\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Co bylo Terra (LUNA)? Jak fungoval?\">Terra<\/a> <a href=\"https:\/\/coinkickoff.com\/cs\/terrausd-ust\/\" data-internallinksmanager029f6b8e52c=\"15\" title=\"Co bylo TerraUSD (UST)? Jak fungoval?\">UST<\/a>. Jako \u010d\u00e1ste\u010dn\u011b algoritmick\u00fd coin podpo\u0159en\u00fd USDC je pova\u017eov\u00e1n za m\u00e9n\u011b u\u017eite\u010dn\u00fd a spolehliv\u00fd ve srovn\u00e1n\u00ed s jin\u00fdmi mo\u017enostmi na trhu.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Na trhu je p\u0159ibli\u017en\u011b 1 miliarda FRAX\u016f. Tr\u017en\u00ed kapitalizace je ve srovn\u00e1n\u00ed s USDC pom\u011brn\u011b mal\u00e1. Abychom byli spravedliv\u00ed, jen velmi m\u00e1lo lid\u00ed se kdy odch\u00fdlilo od USDT, USDC a <a href=\"https:\/\/coinkickoff.com\/cs\/binance-usd-busd\/\" data-internallinksmanager029f6b8e52c=\"13\" title=\"Co je Binance USD (BUSD)? Cena, historie a kde koupit\">BUSD<\/a> pokud jde o stabiln\u00edcoins, tak\u017ee n\u00edzk\u00e1 popularita Fraxu nen\u00ed nenorm\u00e1ln\u00ed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stejn\u011b jako u ostatn\u00edch stabiln\u00edchcoins nen\u00ed pro FRAX stanoven \u017e\u00e1dn\u00fd limit. V\u00edce FRAX m\u016f\u017eete vyt\u011b\u017eit uzam\u010den\u00edm kolater\u00e1l\u016f v chytr\u00fdch kontraktech. K ra\u017eb\u011b FRAXu je t\u0159eba uzamknout FXS token spolu s jinou akceptovanou kryptom\u011bnou (v\u011bt\u0161inou USDC).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRAX nem\u00e1 vlastn\u00ed blockchain a je vyd\u00e1v\u00e1n na Ethereum.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"USDC_vs_FRAX_Main_Similarities\"><\/span><span style=\"font-weight: 400;\">USDC vs FRAX: <\/span><span style=\"font-weight: 400;\">Hlavn\u00ed podobnosti\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Hlavn\u00ed podobnost mezi USDC a FRAX spo\u010d\u00edv\u00e1 v tom, \u017ee oba jsou stabiln\u00edcoins v\u00e1zan\u00fd na USD. Zde je n\u011bkolik dal\u0161\u00edch podobnost\u00ed.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"DeFi_Rewards\"><\/span><span style=\"font-weight: 400;\">Odm\u011bny DeFi\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Stablecoins jsou obl\u00edben\u00e1 aktiva DeFi, ale p\u0159esto\u017ee jsou USDC i FRAX pom\u011brn\u011b popul\u00e1rn\u00ed, existuje mezi nimi d\u016fle\u017eit\u00fd rozd\u00edl z hlediska jejich tr\u017en\u00edho dosahu: Zat\u00edmco USDC m\u016f\u017eete pou\u017e\u00edvat v podstat\u011b ve v\u0161ech protokolech DeFi, FRAX nab\u00edz\u00ed mnohem m\u00e9n\u011b p\u0159\u00edle\u017eitost\u00ed k z\u00edsk\u00e1n\u00ed pasivn\u00edho p\u0159\u00edjmu.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jednodu\u0161e \u0159e\u010deno, USDC m\u016f\u017eete ve v\u011bt\u0161in\u011b baz\u00e9n\u016f zamknout za slu\u0161n\u00fd v\u00fdnos. Frax v\u00e1m umo\u017e\u0148uje s\u00e1zet Ether v\u00fdm\u011bnou za frxEther, kter\u00fd m\u016f\u017eete s\u00e1zet do vlastn\u00edho Frax tdrxEther v poolu za zisk.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pokud jde o odm\u011bny DeFi, m\u016f\u017eeme \u0159\u00edci, \u017ee FRAX prost\u011b nem\u00e1 stejnou popt\u00e1vku jako USDC.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Centralization\"><\/span><span style=\"font-weight: 400;\">Centralizace\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Mo\u017en\u00e1 v\u00e1s to p\u0159ekvap\u00ed, ale navzdory sv\u00e9mu ozna\u010den\u00ed \"decentralizovan\u00e1 autonomn\u00ed organizace\" nen\u00ed Frax Finance ve skute\u010dnosti p\u0159\u00edli\u0161 decentralizovan\u00fd a ve skute\u010dnosti jej lze pova\u017eovat za centralizovan\u00fd projekt, podobn\u011b jako USDC. Pro\u010d?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">No, je tu n\u011bkolik d\u016fvod\u016f. Jak mnoz\u00ed z v\u00e1s v\u011bd\u00ed, kdy\u017e je kryptografick\u00fd projekt centralizovan\u00fd, znamen\u00e1 to, \u017ee o coin a jeho budoucnosti rozhoduje n\u011bkolik lid\u00ed. Nap\u0159\u00edklad emitent USDC, konsorcium Circle, je centralizovan\u00e1 organizace s r\u016fzn\u00fdmi z\u00fa\u010dastn\u011bn\u00fdmi stranami. Ve srovn\u00e1n\u00ed s ostatn\u00edmi coins je o n\u011bco decentralizovan\u011bj\u0161\u00ed, ale st\u00e1le m\u00e1 daleko k autonomn\u00edmu, komunitou \u0159\u00edzen\u00e9mu projektu.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Spole\u010dnost Frax Finance je nep\u0159ekvapiv\u011b tak\u00e9 ovl\u00e1d\u00e1na n\u011bkolika lidmi. Spr\u00e1vci FRAXu maj\u00ed privilegovan\u00fd p\u0159\u00edstup k protokolu a. <\/span><a href=\"https:\/\/code4rena.com\/reports\/2022-09-frax\/#h-02-frontrunning-by-malicious-validator\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">bezpe\u010dnostn\u00ed audit<\/span><\/a><span style=\"font-weight: 400;\"> v roce 2022 odhalil n\u011bkolik chyb v protokolu projektu, kter\u00e9 jsou neslu\u010diteln\u00e9 s decentralizovanou podobou FRAXu.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bylo zji\u0161t\u011bno, \u017ee vybran\u00ed ov\u011b\u0159ovatel\u00e9 mohou b\u00fdt jmenov\u00e1ni spr\u00e1vci, kte\u0159\u00ed na opl\u00e1tku mohou s\u00ed\u0165 vyu\u017e\u00edvat ve sv\u016fj prosp\u011bch. Tito spr\u00e1vci mohou razit neomezen\u00e9 mno\u017estv\u00ed frxETH, pokud by cht\u011bli.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"USDC_vs_FRAX_Main_Differences\"><\/span><span style=\"font-weight: 400;\">USDC vs FRAX: <\/span><span style=\"font-weight: 400;\">Hlavn\u00ed rozd\u00edly\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>Oba stabiln\u00edcoins slibuj\u00ed z\u00e1ruku ceny: FRAX a USDC by m\u011bly v\u017edy st\u00e1t 1 USD. Maj\u00ed v\u0161ak r\u016fzn\u00e9 metody, jak tohoto slibu dos\u00e1hnout.<\/b><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Collaterals\"><\/span><span style=\"font-weight: 400;\">Kolater\u00e1ly<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">USDC a Frax pou\u017e\u00edvaj\u00ed r\u016fzn\u00e9 druhy kolater\u00e1l\u016f, aby zaru\u010dily sv\u00e9 vazby na USD.\u00a0<\/span><\/p>\n<p><b>USDC je pln\u011b zaji\u0161t\u011bn\u00e9 aktivum. Je zaji\u0161t\u011bn hotovost\u00ed a hotovostn\u00edmi ekvivalenty, tak\u017ee ka\u017ed\u00fd USDC v ob\u011bhu lze vym\u011bnit za dolar.<\/b><\/p>\n<p><b>Naproti tomu FRAX je nedostate\u010dn\u011b zaji\u0161t\u011bn USDC. Tak\u017ee za ka\u017ed\u00fd FRAX m\u016f\u017eete z\u00edskat polovinu USDC a nav\u00edc n\u011bjak\u00e9 FXS.<\/b><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Reserves\"><\/span><span style=\"font-weight: 400;\">Rezervy<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Ji\u017e na za\u010d\u00e1tku jsme zd\u016fraznili, \u017ee je d\u016fle\u017eit\u00e9, aby byl stabiln\u00edcoins zaji\u0161t\u011bn jedna ku jedn\u00e9 aktivy podobn\u00fdmi hotovosti, aby se zabr\u00e1nilo de-peggingu.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Jeliko\u017e je USDC zaji\u0161t\u011bn hotovost\u00ed a pen\u011b\u017en\u00edmi ekvivalenty, jsou rezervy USDC ulo\u017eeny v bank\u00e1ch. To je obecn\u011b bezpe\u010dn\u011bj\u0161\u00ed varianta ve srovn\u00e1n\u00ed s jin\u00fdmi mo\u017enostmi rezerv, jako jsou kryptorezervy, proto\u017ee kr\u00e1de\u017ee a ztr\u00e1ty kryptom\u011bn jsou \u010dast\u011bj\u0161\u00ed ne\u017e ztr\u00e1ta pen\u011bz v bance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Banky v\u0161ak mohou tak\u00e9 selhat. P\u0159esn\u011b to se stalo USDC s bankou Silvergate, kdy projekt m\u00e1lem p\u0159i\u0161el o 3,3 miliardy USD pot\u00e9, co banka vyhl\u00e1sila bankrot.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kl\u00ed\u010dov\u00fdm slovem je v\u0161ak <\/span><b>t\u00e9m\u011b\u0159<\/b><span style=\"font-weight: 400;\">. Circle se poda\u0159ilo obnovit sv\u00e9 rezervy USDC d\u00edky vl\u00e1dn\u00edmu z\u00e1sahu, kter\u00fd roz\u0161\u00ed\u0159il kryt\u00ed FDIC nad p\u0159edem stanoven\u00fd limit 250 000 USD.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To, co v\u00edme o rezerv\u00e1ch USDC, je samoz\u0159ejm\u011b do zna\u010dn\u00e9 m\u00edry omezeno na to, co \u0159\u00edk\u00e1 Circle. Bez nez\u00e1visl\u00e9ho auditu si nem\u016f\u017eeme b\u00fdt 100% jisti finan\u010dn\u00edm z\u00e1zem\u00edm spole\u010dnosti USDC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FRAX je na druhou stranu podpo\u0159en USDC, ale proto\u017ee je algoritmick\u00fd a nedostate\u010dn\u011b kolateralizovan\u00fd, nen\u00ed ani pln\u011b podpo\u0159en. Jeho jedinou v\u00fdhodou oproti USDC je, \u017ee m\u016f\u017eete sledovat rezervy FRAXu USDC, co\u017e technicky p\u0159id\u00e1v\u00e1 FRAXu trochu v\u00edce transparentnosti.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Vzhledem k tomu, co v\u00edme o tom, jak centralizovan\u00fd m\u016f\u017ee b\u00fdt syst\u00e9m FRAX, m\u016f\u017ee b\u00fdt transparentnost iluz\u00ed. Vzhledem k tomu, \u017ee administr\u00e1to\u0159i maj\u00ed v s\u00edti Frax Finance zvl\u00e1\u0161tn\u00ed pr\u00e1va, mohou tak\u00e9 manipulovat s chytr\u00fdmi kontrakty.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_Capitalization\"><\/span><span style=\"font-weight: 400;\">Tr\u017en\u00ed kapitalizace<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Pamatujete si, jak jsme \u0159\u00edkali, \u017ee USDC m\u00e1 n\u011bkolik p\u0159\u00edpad\u016f pou\u017eit\u00ed? No, to proto, \u017ee USDC je vysoce likvidn\u00ed coin s obrovskou tr\u017en\u00ed kapitalizac\u00ed. V podstat\u011b je USDC u\u017eite\u010dn\u00fd, proto\u017ee ho jako nosi\u010d hodnoty pou\u017e\u00edv\u00e1 mnoho dal\u0161\u00edch lid\u00ed. Koneckonc\u016f je to druh\u00fd nejv\u011bt\u0161\u00ed stabiln\u00edcoin na sv\u011bt\u011b.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Na druhou stranu je FRAX velmi malou rybou ve skupin\u011b stablecoin. V dosahu trhu se nedostane ani do prvn\u00ed des\u00edtky, nato\u017e aby se p\u0159ibl\u00ed\u017eil USDC.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Je t\u0159eba \u0159\u00edci, \u017ee FRAX je nov\u011bj\u0161\u00edm p\u0159\u00edr\u016fstkem do sv\u011bta stablecoin. USDC vstoupil na trh o dva roky d\u0159\u00edve ne\u017e FRAX, tak\u017ee m\u00e1 \u010dasovou v\u00fdhodu. Krach Terra UST mo\u017en\u00e1 tak\u00e9 zmen\u0161il tr\u017en\u00ed dosah FRAXu, proto\u017ee lid\u00e9 se po jeho kolos\u00e1ln\u00edm ne\u00fasp\u011bchu za\u010dali li\u0161it od algoritmick\u00e9ho coins.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_Associated_With_USDC_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Rizika spojen\u00e1 s USDC a FRAXem\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Risk_of_Depegging\"><\/span><span style=\"font-weight: 400;\">Riziko depeggingu<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Kdy\u017e se stabiln\u00edcoin nav\u00e1zan\u00fd na USD odv\u00e1\u017ee, bu\u010f klesne pod svou garantovanou cenu 1 USD, nebo stoupne nad ni.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Zat\u00edmco m\u00edrn\u00e9 v\u00fdkyvy cen jsou pova\u017eov\u00e1ny za norm\u00e1ln\u00ed v d\u016fsledku n\u00e1hl\u00e9ho n\u00e1r\u016fstu a poklesu popt\u00e1vky po stabiln\u00edchcoin, sn\u00ed\u017een\u00ed cen je v\u00fdznamn\u011bj\u0161\u00ed ud\u00e1lost\u00ed. De-peg znamen\u00e1 velkou zm\u011bnu ceny a stabilizace ceny bu\u010f n\u011bjakou dobu trv\u00e1, nebo k n\u00ed nikdy nedojde.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pokud stabiln\u00ed coin ztr\u00e1c\u00ed hodnotu a kles\u00e1, st\u00e1v\u00e1 se coin v podstat\u011b bezcenn\u00fdm. Proto de-pegging p\u0159edstavuje pro stablecoins v\u00e1\u017en\u00e9 riziko.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">U stabiln\u00edch aktiv coin v\u017edy existuje ur\u010dit\u00e9 riziko de-peggingu, a\u010dkoli u USDC a FRAX se toto riziko vyskytuje pon\u011bkud odli\u0161n\u011b.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">USDC by mohl zru\u0161it sv\u016fj kol\u00ed\u010dek v d\u016fsledku n\u00e1hl\u00e9 ztr\u00e1ty rezerv, k n\u00ed\u017e do\u0161lo v prvn\u00edm \u010dtvrtlet\u00ed roku 2023, kdy se na ve\u0159ejnost dostala zpr\u00e1va o bankrotu spole\u010dnosti Silvergate. Ud\u00e1lost de-peg byla kr\u00e1tkodob\u00e1, ale p\u0159esto st\u00e1la spole\u010dnost USDC pom\u011brn\u011b velkou \u010d\u00e1st jej\u00edho pod\u00edlu na trhu.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Pokud se USDC nadobro odpoj\u00ed, bude to m\u00edt vliv i na FRAX, proto\u017ee rezervy FRAX jsou tvo\u0159eny USDC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Na druhou stranu by se FRAX mohl d\u00edky sv\u00e9 poloalgoritmick\u00e9 struktu\u0159e tak\u00e9 zhroutit nebo de-pegovat. Pokud se FXS token (Frax finance token) ocitne na dn\u011b, m\u016f\u017ee to u tohoto aktiva vyvolat de-peg reakci.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Legal_and_Financial_Risks\"><\/span><span style=\"font-weight: 400;\">Pr\u00e1vn\u00ed a finan\u010dn\u00ed rizika<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Stablecoins pln\u00ed v kryptografick\u00e9m prost\u0159ed\u00ed jedine\u010dnou roli: propojuj\u00ed tradi\u010dn\u00ed ekonomiku a pen\u00edze s kryptoekonomikou. To v\u0161ak tak\u00e9 znamen\u00e1, \u017ee mus\u00ed tan\u010dit kolem r\u016fzn\u00fdch pr\u00e1vn\u00edch omezen\u00ed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Prost\u0159ednictv\u00edm slu\u017eby stablecoins m\u016f\u017eete nap\u0159\u00edklad rychle p\u0159ev\u00e9st velk\u00e9 \u010d\u00e1stky pen\u011bz bez byrokracie a bankovn\u00edch linek, ale z\u00e1rove\u0148 m\u016f\u017eete tuto v\u00fdsadu vyu\u017e\u00edt k \u0159ad\u011b nez\u00e1konn\u00fdch transakc\u00ed, v\u010detn\u011b poru\u0161ov\u00e1n\u00ed mezin\u00e1rodn\u00edch sankc\u00ed, pran\u00ed \u0161pinav\u00fdch pen\u011bz a financov\u00e1n\u00ed zlo\u010dinu a terorismu. Nen\u00ed p\u0159ekvapen\u00edm, \u017ee tyto skute\u010dnosti nejsou stablecoins pro regula\u010dn\u00ed org\u00e1ny p\u0159\u00edzniv\u00e9.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ned\u00e1vno americk\u00e9 \u00fa\u0159ady uk\u00e1zaly svou neochotu tolerovat nez\u00e1konn\u00e9 jedn\u00e1n\u00ed souvisej\u00edc\u00ed se stablecoin t\u00edm, \u017ee <\/span><a href=\"https:\/\/www.cnbc.com\/2022\/08\/08\/crypto-mixing-service-tornado-cash-blacklisted-by-treasury-department-.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">tmav\u00fd seznam n\u011bkolika pen\u011b\u017eenek spojen\u00fdch s Tornado Cash<\/span><\/a><span style=\"font-weight: 400;\">, slu\u017eba coin-tumbling, kter\u00e1 se pou\u017e\u00edv\u00e1 ke skryt\u00ed digit\u00e1ln\u00ed stopy \u0161ifrov\u00e1n\u00ed. Na \u010dernou listinu bylo za\u0159azeno p\u0159ibli\u017en\u011b 38 pen\u011b\u017eenek souvisej\u00edc\u00edch s Tornado Cash s v\u00edce ne\u017e 75 000 USDC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To je p\u0159\u00edkladem pr\u00e1vn\u00edch a finan\u010dn\u00edch rizik, kter\u00e1 jsou s kryptom\u011bnami, a zejm\u00e9na s USDC, spojena.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Naproti tomu FRAX je ohro\u017een kv\u016fli sv\u00e9 poloalgoritmick\u00e9 struktu\u0159e. Regula\u010dn\u00ed org\u00e1ny hovo\u0159ily o \u00fapln\u00e9m z\u00e1kazu algoritmick\u00e9ho coins a FRAX se pohybuje na hranici mezi algoritmick\u00fdm a stabiln\u00edmcoins zalo\u017een\u00fdm na kolater\u00e1lu.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A co h\u016f\u0159, pokud by USDC ztratil svou hodnotu z n\u011bkter\u00e9ho z v\u00fd\u0161e uveden\u00fdch d\u016fvod\u016f, FRAX by jej brzy n\u00e1sledoval, proto\u017ee je z\u00e1visl\u00fd na USDC, kter\u00fd zaru\u010duje cenovou stabilitu.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Where_Can_You_Buy_USDC_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Kde m\u016f\u017eete koupit USDC a FRAX?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">USDC a FRAX si m\u016f\u017eete koupit na v\u011bt\u0161in\u011b kryptom\u011bnov\u00fdch burz. Centralizovan\u00e9 burzy umo\u017e\u0148uj\u00ed n\u00e1kup USDC (a n\u011bkdy i FRAX) za hotovost. Tato aktiva najdete tak\u00e9 na decentralizovan\u00fdch burz\u00e1ch, jako nap\u0159. <a href=\"https:\/\/coinkickoff.com\/cs\/uniswap-uni\/\" data-internallinksmanager029f6b8e52c=\"34\" title=\"Co je Uniswap (UNI), jak funguje a kde ho koupit?\">Uniswap<\/a> nebo <\/span><a href=\"https:\/\/changelly.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Changelly<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Vzhledem k tomu, \u017ee v\u011bt\u0161ina kryptografick\u00fdch burz provozuje sv\u00e9 vlastn\u00ed kryptografick\u00e9 trhy, mohou m\u00edt n\u011bkter\u00e9 z nich v\u011bt\u0161\u00ed likviditu, pokud jde o tato aktiva. Kter\u00e1 burza m\u00e1 nejv\u011bt\u0161\u00ed obchodn\u00ed trh s USDC nebo FRAX, se dozv\u00edte, kdy\u017e se pod\u00edv\u00e1te na jejich tr\u017en\u00ed \u00fadaje na str\u00e1nce <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/frax\/#Markets\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Coinmarketcap.com<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Can_You_Exchange_USDC_for_FRAX\"><\/span><span style=\"font-weight: 400;\">Jak m\u016f\u017eete vym\u011bnit USDC za FRAX?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">FRAX si m\u016f\u017eete koupit na kter\u00e9koli burze, kde je k\u00f3tov\u00e1n. Sta\u010d\u00ed nav\u0161t\u00edvit va\u0161i obl\u00edbenou burzu a vyhledat p\u00e1rov\u00e1n\u00ed USDC\/FRAX. Pokud burza p\u00e1rov\u00e1n\u00ed USDC\/FRAX uv\u00e1d\u00ed, nebudete m\u00edt probl\u00e9my.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Spole\u010dnosti Uniswap, Curve a Solidly nab\u00edzej\u00ed nejv\u011bt\u0161\u00ed trhy s USDC\/FRAX. <a href=\"https:\/\/coinkickoff.com\/cs\/gateio-review\/\" data-internallinksmanager029f6b8e52c=\"155\" title=\"Gate.io Recenze 2023: Pro a proti: poplatky, funkce, bezpe\u010dnost, v\u00fdhody a nev\u00fdhody\">Gate.io<\/a> je centralizovan\u00e1 burza, na kter\u00e9 m\u016f\u017eete sm\u011bnit USDC za Frax.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Future_Plans_for_USDC_and_FRAX\"><\/span><span style=\"font-weight: 400;\">Budouc\u00ed pl\u00e1ny pro USDC a FRAX<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Sam Kazemian, zakladatel spole\u010dnosti Frax Finance, v roce 2023 ozn\u00e1mil, \u017ee zva\u017euje vybudov\u00e1n\u00ed spole\u010dnosti. <\/span><a href=\"https:\/\/thedefiant.io\/frax-compliant-stablecoin\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">zcela v souladu s p\u0159edpisy stabiln\u00edcoin<\/span><\/a><span style=\"font-weight: 400;\">. Vzhledem k tomu, \u017ee algoritmick\u00e9 coins jsou v hork\u00e9 vod\u011b s regula\u010dn\u00edmi org\u00e1ny, Kazemian\u016fv pl\u00e1n vy\u017eaduje aktivum s pln\u011b zaji\u0161t\u011bn\u00e9 kolater\u00e1lem.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Zat\u00edm v\u0161ak nen\u00ed jist\u00e9, jak do tohoto syst\u00e9mu zapad\u00e1 FRAX. Pokud bude Frax v USA zak\u00e1z\u00e1n kv\u016fli sv\u00e9 poloalgoritmick\u00e9 struktu\u0159e, bude pro coin t\u011b\u017ek\u00e9 ochr\u00e1nit sv\u016fj kol\u00edk.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Aby toho nebylo m\u00e1lo, americk\u00e9 \u00fa\u0159ady tak\u00e9 tvrd\u011b postihuj\u00ed slu\u017eby \"staking\" poskytovan\u00e9 centralizovan\u00fdmi burzami a pooly. FRAX se t\u011b\u0161\u00ed vzestupu popularity pot\u00e9, co spustil svou <\/span><a href=\"https:\/\/defillama.com\/protocol\/fraxlend\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">fond likvidity<\/span><\/a><span style=\"font-weight: 400;\"> v \u0159\u00edjnu 2022, ale pokud regula\u010dn\u00ed org\u00e1ny za\u010dnou st\u00edhat DeFi a s\u00e1zky na deriv\u00e1ty, i to by mohlo m\u00edt kr\u00e1tk\u00e9 trv\u00e1n\u00ed.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Na druhou stranu se zd\u00e1, \u017ee spole\u010dnost USDC je unaven\u00e1 z neochoty b\u011b\u017en\u00fdch bank spolupracovat s kryptografick\u00fdmi spole\u010dnostmi. Finan\u010dn\u00ed \u0159editel spole\u010dnosti Circle navrhl, \u017ee nejlep\u0161\u00edm zp\u016fsobem, jak zajistit bezpe\u010dnost rezerv USDC, je. <\/span><a href=\"https:\/\/beincrypto.com\/circle-calls-holding-usdc-reserve-federal-reserve\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">ulo\u017eit je ve Feder\u00e1ln\u00edch rezerv\u00e1ch<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>USDC vs FRAX Na pap\u00ed\u0159e jsou si USDC a FRAX docela podobn\u00e9: jsou stabiln\u00edcoins nav\u00e1zan\u00e9 na americk\u00fd dolar. Maj\u00ed v\u0161ak d\u016fle\u017eit\u00e9 rozd\u00edly, o kter\u00fdch byste m\u011bli v\u011bd\u011bt, ne\u017e si n\u011bkter\u00fd z nich coin koup\u00edte. V tomto \u010dl\u00e1nku porovn\u00e1me USDC a Frax, abychom v\u00e1m pomohli pochopit rizika a v\u00fdhody investice do t\u011bchto stabiln\u00edchcoins. Bez [...]<\/p>","protected":false},"author":3,"featured_media":135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"categories":[4,9],"tags":[],"class_list":{"0":"post-3765","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-coins","8":"category-comparisons","9":"entry"},"featured_image_src":"https:\/\/coinkickoff.com\/wp-content\/uploads\/2022\/06\/USD-Coin-USDC-600x400.png","featured_image_src_square":"https:\/\/coinkickoff.com\/wp-content\/uploads\/2022\/06\/USD-Coin-USDC-600x600.png","author_info":{"display_name":"Ian Wright","author_link":"https:\/\/coinkickoff.com\/cs\/author\/ianw\/"},"_links":{"self":[{"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/posts\/3765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/comments?post=3765"}],"version-history":[{"count":2,"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/posts\/3765\/revisions"}],"predecessor-version":[{"id":3768,"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/posts\/3765\/revisions\/3768"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/media\/135"}],"wp:attachment":[{"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/media?parent=3765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/categories?post=3765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinkickoff.com\/cs\/wp-json\/wp\/v2\/tags?post=3765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}