{"id":13534,"date":"2026-01-16T08:31:21","date_gmt":"2026-01-16T11:31:21","guid":{"rendered":"http:\/\/anguloempreiteira.com.br\/site\/?p=13534"},"modified":"2026-05-18T11:34:06","modified_gmt":"2026-05-18T14:34:06","slug":"yudongseong-yudongseong-gonggeub-iran-mueosigo-taljungang-georaesoeseo-wae-anjeoni-jungyohanga","status":"publish","type":"post","link":"http:\/\/anguloempreiteira.com.br\/site\/yudongseong-yudongseong-gonggeub-iran-mueosigo-taljungang-georaesoeseo-wae-anjeoni-jungyohanga\/","title":{"rendered":"\uc720\ub3d9\uc131(\uc720\ub3d9\uc131 \uacf5\uae09)\uc774\ub780 \ubb34\uc5c7\uc774\uace0, \ud0c8\uc911\uc559 \uac70\ub798\uc18c\uc5d0\uc11c \uc65c \uc548\uc804\uc774 \uc911\uc694\ud55c\uac00?"},"content":{"rendered":"

\uc800\ub141\uc5d0 \ucf54\uc778\uc2a4\uc651\uc744 \ud558\ub824\ub2e4 \uc2ac\ub9ac\ud53c\uc9c0(slip)\ub85c \uc608\uc0c1\ubcf4\ub2e4 \ub9ce\uc740 \ube44\uc6a9\uc744 \uc9c0\ubd88\ud55c \uacbd\ud5d8\uc774 \uc788\ub2e4\uba74, \uadf8\uac83\uc740 \ub2e8\uc21c\ud55c ‘\uac00\uaca9 \ubcc0\ub3d9’\uc774 \uc544\ub2c8\ub77c \uc720\ub3d9\uc131\uc758 \ubb38\uc81c\uc77c \uac00\ub2a5\uc131\uc774 \ub192\uc2b5\ub2c8\ub2e4. \uc774 \uae00\uc740 \ud55c\uad6d \uc0ac\uc6a9\uc790\ub4e4\uc774 Uniswap \uacc4\uc815\uc744 \ucc3e\uace0 \uc2e4\uc81c\ub85c \uc2a4\uc651\uc744 \ud560 \ub54c \ubb34\uc5c7\uc744 \ud655\uc778\ud574\uc57c \ud558\ub294\uc9c0 \u2014 \ud2b9\ud788 \ubcf4\uc548\uacfc \ub9ac\uc2a4\ud06c \uad00\uc810\uc5d0\uc11c \u2014 \uae30\uacc4\uc801 \uc6d0\ub9ac\uc640 \uc2e4\uc804 \uac00\uc774\ub4dc\ub97c \ud1b5\ud574 \uc124\uba85\ud569\ub2c8\ub2e4. \ud604\uc2e4\uc801 \uc0ac\ub840\ub85c \uc2dc\uc791\ud574 \ub17c\uc758\ub97c \uc804\uac1c\ud558\uace0, \ub9c8\uc9c0\ub9c9\uc5d0\ub294 \uc2e4\ubb34\uc801\uc73c\ub85c \uc989\uc2dc \uc801\uc6a9\ud560 \uc218 \uc788\ub294 \uc810\uac80 \ubaa9\ub85d\uc744 \uc81c\uacf5\ud569\ub2c8\ub2e4.<\/p>\n

\uc9e7\uac8c \uc694\uc57d\ud558\uba74: \uc720\ub3d9\uc131\uc740 \uac70\ub798 \uac00\ub2a5\ud55c \uc790\uc0b0\uc758 ‘\uae4a\uc774’\uc774\uc790 ‘\ubc18\uc751\uc131’\uc785\ub2c8\ub2e4. \ud0c8\uc911\uc559\ud654 \uac70\ub798\uc18c(DEX)\uc5d0\uc11c \uc720\ub3d9\uc131\uc740 \uc2a4\ub9c8\ud2b8\ucee8\ud2b8\ub799\ud2b8\uc5d0 \uc608\uce58\ub41c \uc790\uc0b0\uc73c\ub85c \uad6c\uc131\ub418\uba70, \uc720\ub3d9\uc131\uc758 \uc591\uacfc \ubc30\uce58\uac00 \uac70\ub798 \uc2ac\ub9ac\ud53c\uc9c0, \uacf5\uaca9 \ud45c\uba74, \uadf8\ub9ac\uace0 \uc790\uae08 \uc778\ucd9c \uc704\ud5d8\uc744 \uacb0\uc815\ud569\ub2c8\ub2e4. \uc774\uac83\uc774 \uc65c KR \uc0ac\uc6a9\uc790\uc5d0\uac8c \uc911\uc694\ud558\ub0d0\uba74, \uad6d\ub0b4\uc5d0\uc11c \uc0ac\uc6a9\uc790\uac00 \uc9c1\uc811 \uc9c0\uac11\uc744 \ud1b5\uc81c\ud558\ub294 \uacbd\uc6b0\uac00 \ub9ce\uc544 \uc911\uc559\ud654 \uac70\ub798\uc18c\uc758 \ub9ac\uc2a4\ud06c(\uc608: \ucd9c\uae08\uc815\uc9c0)\uc640\ub294 \ub2e4\ub978 \ud615\ud0dc\uc758 \uae30\uc220\u00b7\uc6b4\uc601 \ub9ac\uc2a4\ud06c\ub97c \uc9c1\uc811 \uac10\uc218\ud574\uc57c \ud558\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4.<\/p>\n

\"Uniswap<\/p>\n

\uc720\ub3d9\uc131\uc758 \ub0b4\ubd80 \uba54\ucee4\ub2c8\uc998: \ud480, \uac00\uaca9\uacb0\uc815, \uadf8\ub9ac\uace0 \uc784\ud37c\ub808\ub9e8\ud2b8 \ub85c\uc2a4<\/h2>\n

DEX \ub300\ubd80\ubd84\uc740 \uc790\ub3d9\ud654\ub41c \uc2dc\uc7a5 \uc870\uc131\uc790(AMM, Automated Market Maker)\ub97c \uc0ac\uc6a9\ud569\ub2c8\ub2e4. \uac00\uc7a5 \ub2e8\uc21c\ud55c AMM \ubaa8\ub378\uc778 Uniswap v2\uc758 \uacbd\uc6b0, \ud1a0\ud070 A\uc640 \ud1a0\ud070 B\uac00 \ud558\ub098\uc758 \ud480\uc5d0 \uc874\uc7ac\ud558\uace0 \uac00\uaca9\uc740 \uc774\ub4e4\uc758 \uacf1(constant product)\uc73c\ub85c \uc720\uc9c0\ub429\ub2c8\ub2e4. \uc989, \ub204\uad70\uac00 A\ub97c \uc0ac\uba74 A\uc758 \ud480 \uc794\uc561\uc740 \uc904\uc5b4\ub4e4\uace0 B\uc758 \uc794\uc561\uc740 \ub298\uc5b4\ub098\uba70, \uadf8 \uacfc\uc815\uc5d0\uc11c \uac00\uaca9\uc774 \uc790\ub3d9\uc73c\ub85c \uc870\uc815\ub429\ub2c8\ub2e4. \uc911\uc694\ud55c \ud3ec\uc778\ud2b8\ub294 \uc720\ub3d9\uc131\uc758 \uc808\ub300\ub7c9\uc774 \uc791\uc744\uc218\ub85d \ub3d9\uc77c\ud55c \uac70\ub798\ub7c9\uc5d0\uc11c \uac00\uaca9 \ubcc0\ub3d9(\uc2ac\ub9ac\ud53c\uc9c0)\uc740 \ucee4\uc9c4\ub2e4\ub294 \uc0ac\uc2e4\uc785\ub2c8\ub2e4.<\/p>\n

\uc720\ub3d9\uc131 \uc81c\uacf5\uc790(LP)\ub294 \ub450 \ud1a0\ud070\uc744 \uc77c\uc815 \ube44\uc728\ub85c \uc608\uce58\ud574 \uc218\uc218\ub8cc\ub97c \ubc1b\uc9c0\ub9cc, \uac00\uaca9\uc774 \ubcc0\ub3d9\ud558\uba74 \ubcf4\uc720 \ube44\uc911\uc774 \uc790\ub3d9\uc73c\ub85c \uc870\uc815\ub418\uc5b4 ‘\uc784\ud37c\ub808\ub9e8\ud2b8 \ub85c\uc2a4'(impermanent loss)\uac00 \ubc1c\uc0dd\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774 \uc190\uc2e4\uc740 \uc601\uad6c\uc801\uc77c \uc218\ub3c4 \uc788\uace0(\ud1a0\ud070\uc774 \ub2e4\uc2dc \ucd08\uae43\uac12\uc73c\ub85c \ud68c\ubcf5\ub418\uc9c0 \uc54a\uc73c\uba74), \uac70\ub798 \uc218\uc218\ub8cc\ub85c \uc0c1\uc1c4\ub420 \uc218\ub3c4 \uc788\uc2b5\ub2c8\ub2e4. \ud575\uc2ec\uc740 \uc720\ub3d9\uc131 \uacf5\uae09\uc758 \ubcf4\uc0c1\uad6c\uc870\uac00 \uac70\ub798\uc218\uc218\ub8cc\uc640 \uac00\uaca9 \ubcc0\ub3d9(\uc2dc\uc7a5\uc758 \ubcc0\ub3d9\uc131)\uc774\ub77c\ub294 \uc11c\ub85c \ub2e4\ub978 \ud798\uc758 \ud569\uc0b0\uc774\ub77c\ub294 \uc810\uc785\ub2c8\ub2e4.<\/p>\n

\ud0c8\uc911\uc559\ud654 \uac70\ub798\uc18c\uc5d0\uc11c\uc758 \uacf5\uaca9\uba74\uacfc \ubcf4\uc548 \uc6b0\uc120\uc21c\uc704<\/h2>\n

\ud0c8\uc911\uc559 \ud658\uacbd\uc5d0\uc11c \u2018\ubcf4\uc548\u2019\uc740 \ud06c\uac8c \uc138 \uac00\uc9c0 \uc601\uc5ed\uc73c\ub85c \ub098\ub269\ub2c8\ub2e4: \uc2a4\ub9c8\ud2b8\ucee8\ud2b8\ub799\ud2b8 \uc548\uc804\uc131, \uc720\ub3d9\uc131 \uc870\uc791\u00b7\uac00\uaca9 \uc870\uc791 \uc704\ud5d8, \uadf8\ub9ac\uace0 \uc0ac\uc6a9\uc790 \ub2e8\ub9d0(\uc9c0\uac11\u00b7\ube0c\ub77c\uc6b0\uc800 \ud655\uc7a5 \ub4f1)\uc758 \uc6b4\uc601 \ub9ac\uc2a4\ud06c. \uac01\uac01\uc740 \uc11c\ub85c \ub2e4\ub978 \ubc29\uc5b4\ucc45\uc744 \uc694\uad6c\ud569\ub2c8\ub2e4.<\/p>\n

\uc2a4\ub9c8\ud2b8\ucee8\ud2b8\ub799\ud2b8\ub294 \ucf54\ub4dc \ubc84\uadf8\uc640 \uc124\uacc4 \uc2e4\uc218\uc5d0 \ucde8\uc57d\ud569\ub2c8\ub2e4. \uac10\uc0ac(audit)\ub294 \uc911\uc694\ud558\uc9c0\ub9cc \uc644\uc804\ud55c \ubcf4\uc99d\uc774 \uc544\ub2c8\uba70, \ube44\uc6a9\uacfc \uc2dc\uac04\uc758 \uc81c\uc57d\uc73c\ub85c \ubaa8\ub4e0 \uc2dc\ub098\ub9ac\uc624\ub97c \ucee4\ubc84\ud560 \uc218 \uc5c6\uc2b5\ub2c8\ub2e4. \ucd5c\uadfc Uniswap\uc758 \uc8fc\uac04 \uc18c\uc2dd\uc5d0\uc11c\ub294 API\ub97c \ud1b5\ud574 \uae4a\uc740 \uc720\ub3d9\uc131\uc5d0 \uc811\uadfc\ud560 \uc218 \uc788\ub3c4\ub85d \uc81c\uacf5\ud55c\ub2e4\ub294 \uc810\uc774 \uac15\uc870\ub418\uc5c8\uc2b5\ub2c8\ub2e4(\uc774\ub97c \ud1b5\ud574 \uc571 \uac1c\ubc1c\uc790\ub294 \ud480\uc5d0 \uc9c1\uc811 \uc5f0\uacb0\ud574 \uc720\ub3d9\uc131\uc744 \ud6a8\uc728\uc801\uc73c\ub85c \ud65c\uc6a9\ud560 \uc218 \uc788\uc74c). \uadf8\ub7ec\ub098 API \uc811\uadfc \uc790\uccb4\ub294 \ub354 \ub9ce\uc740 \uc11c\ube44\uc2a4 \ud1b5\ud569\uc744 \uac00\ub2a5\ud558\uac8c \ud558\ub294 \ubc18\uba74, \uc798\ubabb\ub41c \ud1b5\ud569\uc740 \ub610 \ub2e4\ub978 \uacf5\uaca9\ud45c\uba74\uc744 \ub9cc\ub4ed\ub2c8\ub2e4.<\/p>\n

\uc720\ub3d9\uc131 \uc870\uc791\uc740 \uc18c\uaddc\ubaa8 \ud480\uc5d0\uc11c \ud2b9\ud788 \uc27d\uc2b5\ub2c8\ub2e4. \uacf5\uaca9\uc790\ub294 \uc2dc\uc7a5\uc744 \uc870\uc791\ud558\uac70\ub098 \ud50c\ub798\uc2dc\ub860(Flash loan)\uc744 \uc774\uc6a9\ud574 \uc77c\uc2dc\uc801\uc73c\ub85c \uac00\uaca9\uc744 \uc65c\uace1\ud55c \ub4a4 \uc774\uc775\uc744 \ucde8\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc774\uac83\uc774 \uc65c \ud55c\uad6d \uac19\uc740 \uaddc\uc81c\u00b7\uae08\uc735 \uc778\ud504\ub77c\uac00 \ubc1c\ub2ec\ud55c \ud658\uacbd\uc5d0\uc11c\ub3c4 \u2018\uc790\uae30 \ucc45\uc784\u2019\uc758 \uc911\uc694\uc131\uc774 \ucee4\uc9c0\ub294\uc9c0 \uc124\uba85\ud569\ub2c8\ub2e4: \uc911\uc559\ud654 \uac70\ub798\uc18c\uc758 \ubcf4\ud638 \uc7a5\uce58(\ub2f4\ubcf4, \uccad\uc0b0, \uc790\uae08\uc138\ud0c1 \uac80\uc0ac \ub4f1)\uac00 \uc5c6\uc744 \ub54c, \uc0ac\uc6a9\uc790\ub294 \uc720\ub3d9\uc131 \uc2ec\ub3c4\uc640 \ud480\uc758 \uc5ed\uc0ac\uc801 \ud328\ud134\uc744 \uc9c1\uc811 \ud3c9\uac00\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n

\uc2e4\uc804 \uc810\uac80 \ub9ac\uc2a4\ud2b8: \ub85c\uadf8\uc778\u00b7\uc2a4\uc651 \uc804 \ud655\uc778\ud560 \uac83<\/h2>\n

\ub2e4\uc74c\uc740 Uniswap \uac19\uc740 DEX\uc5d0\uc11c \ub85c\uadf8\uc778\ud558\uace0 \uc2a4\uc651\ud558\uae30 \uc804\uc5d0 \ubc18\ub4dc\uc2dc \uc810\uac80\ud574\uc57c \ud560 \ud56d\ubaa9\ub4e4\uc785\ub2c8\ub2e4. \uc774 \ubaa9\ub85d\uc740 \ud2b9\ud788 \ud55c\uad6d \uc0ac\uc6a9\uc790\ub4e4\uc774 \uc790\uc8fc \ud558\ub294 \uc2e4\uc218\uc640 \ud604\uc9c0 \ud658\uacbd\uc744 \uace0\ub824\ud574 \uad6c\uc131\ud588\uc2b5\ub2c8\ub2e4.<\/p>\n

1) \uc811\uc18d URL\uacfc \uc11c\uba85 \uc694\uccad \ud655\uc778: \uacf5\uc2dd \ub85c\uadf8\uc778 \ud398\uc774\uc9c0\ub97c \ucc3e\ub294 \ubc29\ubc95\uc73c\ub85c\ub294 \uc2e0\ub8b0\ud560 \uc218 \uc788\ub294 \ucd9c\ucc98\ub97c \ud1b5\ud574 \ub9c1\ud06c\ub97c \ud655\uc778\ud558\ub294 \uac83\uc774 \uac00\uc7a5 \uc548\uc804\ud569\ub2c8\ub2e4. \ud544\uc694\ud558\ub2e4\uba74 \ube0c\ub77c\uc6b0\uc800 \ubd81\ub9c8\ud06c\ub97c \uc9c1\uc811 \ub4f1\ub85d\ud558\uc138\uc694. \uacf5\uc2dd \ud398\uc774\uc9c0\ub97c \ucc3e\uc544\uc57c \ud560 \ub54c\ub294 uniswap \ub85c\uadf8\uc778<\/a> \uac19\uc740 \uac80\uc99d\ub41c \ub9c1\ud06c\ub97c \uc0ac\uc6a9\ud574 \uae30\ubcf8 \uc9c4\uc785\uc810\uc744 \ud655\ubcf4\ud558\uc138\uc694.<\/p>\n

2) \ud480 \uc720\ub3d9\uc131\uacfc \uc2ac\ub9ac\ud53c\uc9c0 \uc608\uc0c1: \uc2a4\uc651 \uc804 \ud480\uc758 \ucd1d\uac00\uce58(TVL)\uc640 \ucd5c\uadfc \uac70\ub798\ub7c9\uc744 \ud655\uc778\ud558\uba74 \uc2ac\ub9ac\ud53c\uc9c0\uc640 \uac00\uaca9 \ucda9\uaca9\uc744 \ub300\ub7b5 \uc608\uce21\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. TVL\uc774 \uc801\uace0 \ucd5c\uadfc \uac70\ub798\uac00 \ub4dc\ubb3c\ub2e4\uba74 \uc18c\uaddc\ubaa8 \uc8fc\ubb38\ub3c4 \uac00\uaca9\uc744 \ud06c\uac8c \ud754\ub4e4 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n

3) \uac70\ub798 \uc218\uc218\ub8cc\uc640 \uac00\uc2a4 \ube44\uc6a9 \ube44\uad50: \uc628\uccb4\uc778 \uc2a4\uc651\uc740 \ub124\ud2b8\uc6cc\ud06c \uac00\uc2a4\ube44\uac00 \ubcc0\ub3d9\uc801\uc785\ub2c8\ub2e4. \ud55c\uad6d \uc0ac\uc6a9\uc790\uc758 \uad00\uc810\uc5d0\uc11c \uc2dc\uac04\ub300\ubcc4(\uc608: \ud55c\uad6d \uc800\ub141 \uc2dc\uac04\ub300) \ub124\ud2b8\uc6cc\ud06c \ud63c\uc7a1\uc744 \ubbf8\ub9ac \ud655\uc778\ud574 \ubd88\ud544\uc694\ud55c \ube44\uc6a9\uc744 \ud53c\ud558\uc138\uc694.<\/p>\n

4) \ucee8\ud2b8\ub799\ud2b8 \uc8fc\uc18c\uc640 \ud1a0\ud070 \uac80\uc99d: \ud1a0\ud070\uc774 \uac00\uc9dc\uc778\uc9c0, \ud639\uc740 \uc774\ub984\uc774 \ube44\uc2b7\ud55c \ud1a0\ud070\uc778\uc9c0 \ubc18\ub4dc\uc2dc \ud655\uc778\ud558\uc138\uc694. \ud1a0\ud070\uc758 \ucee8\ud2b8\ub799\ud2b8 \uc8fc\uc18c\ub97c \ubcf5\uc0ac\ud574 \uc775\uc2a4\ud50c\ub85c\ub7ec\uc5d0\uc11c \uc9c1\uc811 \ud655\uc778\ud558\ub294 \uc2b5\uad00\uc744 \uad8c\ud569\ub2c8\ub2e4.<\/p>\n

\ud55c \uac78\uc74c \ub354: \ub9ac\uc2a4\ud06c \uad00\ub9ac\uacfc \uc804\ub7b5\uc801 \uc120\ud0dd<\/h2>\n

\uc720\ub3d9\uc131 \ucc38\uc5ec \ud639\uc740 \uaddc\ubaa8 \uc788\ub294 \uc2a4\uc651\uc744 \uace0\ubbfc\ud560 \ub54c \uc0ac\uc6a9\ud560 \uc218 \uc788\ub294 \uc2e4\uc6a9\uc801 \ud504\ub808\uc784\uc6cc\ud06c\ub294 \ub2e4\uc74c\uacfc \uac19\uc2b5\ub2c8\ub2e4. \uccab\uc9f8, \ubaa9\uc801\uc744 \ubd84\uba85\ud788 \ud558\uc138\uc694: \ub2e8\uae30 \ud2b8\ub808\uc774\ub529\uc778\uac00, \uc911\uc7a5\uae30 \ubcf4\uc720\uc778\uac00, \uc544\ub2c8\uba74 \uc218\uc775\ub960\uc744 \ub178\ub9ac\uae30 \uc704\ud55c LP \uc81c\uacf5\uc778\uac00\uc5d0 \ub530\ub77c \ud569\ub9ac\uc801 \uc120\ud0dd\uc774 \ub2ec\ub77c\uc9d1\ub2c8\ub2e4. \ub458\uc9f8, \ub300\uc751 \uac00\ub2a5\ud55c \uc190\uc2e4 \ud55c\ub3c4\ub97c \uc815\ud558\uc138\uc694 \u2014 \uc784\ud37c\ub808\ub9e8\ud2b8 \ub85c\uc2a4\uc640 \uc2a4\ub9c8\ud2b8\ucee8\ud2b8\ub799\ud2b8 \ub9ac\uc2a4\ud06c\ub294 \uc608\uce21 \ubd88\uac00\ub2a5\ud55c \uc694\uc18c\uac00 \ub9ce\uc73c\ubbc0\ub85c \u2018\uac10\ub0b4 \uac00\ub2a5\ud55c \ucd5c\ub300 \uc190\uc2e4\u2019\uc744 \uc124\uc815\ud569\ub2c8\ub2e4. \uc14b\uc9f8, \ubd84\uc0b0\uacfc \ubc00\ub3c4 \uc0ac\uc774\uc758 \uade0\ud615\uc744 \ub9de\ucd94\uc138\uc694: \uc720\ub3d9\uc131\uc774 \ub450\uaebc\uc6b4 \ud480\uc5d0 \uc18c\uc561\uc744 \uc790\uc8fc \uac70\ub798\ud558\ub294 \uac83\uc774 \uc791\uc740 \ud480\uc5d0 \ud55c \ubc88\uc5d0 \ud070 \uae08\uc561\uc744 \ud22c\uc785\ud558\ub294 \uac83\ubcf4\ub2e4 \uc704\ud5d8\uc774 \uc801\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n

\ub610 \ud55c \uac00\uc9c0 \uc790\uc8fc \uac04\uacfc\ub418\ub294 \uc810\uc740 ‘\uc6b4\uc601 \ub9ac\uc2a4\ud06c’\uc785\ub2c8\ub2e4. \uc9c0\uac11 \ube44\ubc00\ubc88\ud638, \uc2dc\ub4dc\uad6c\ubb38 \ubcf4\uad00, \ube0c\ub77c\uc6b0\uc800 \ud655\uc7a5 \ud504\ub85c\uadf8\ub7a8\uc758 \uad8c\ud55c \uc124\uc815\uc740 \uae30\uc220\uc801\uc73c\ub85c \ub2e8\uc21c\ud558\uc9c0\ub9cc \uacf5\uaca9\uc790\uac00 \uac00\uc7a5 \ub9ce\uc774 \ub178\ub9ac\ub294 \uc9c0\uc810\uc785\ub2c8\ub2e4. \ud55c\uad6d \uc774\uc6a9\uc790\uc5d0\uac8c\ub294 \ubaa8\ubc14\uc77c\uacfc \ub370\uc2a4\ud06c\ud0d1 \ud658\uacbd\uc758 \uc0ac\uc6a9 \ud328\ud134, \uacf5\uc6a9 \ub124\ud2b8\uc6cc\ud06c \uc0ac\uc6a9 \uc5ec\ubd80, \ud53c\uc2f1 \ubb38\uc790\u00b7\uba54\uc77c \ube48\ub3c4 \ub4f1\uc744 \uace0\ub824\ud55c \uc6b4\uc601 \uaddc\uce59\uc744 \uad8c\ud569\ub2c8\ub2e4.<\/p>\n

\ubb34\uc5c7\uc774 \ub17c\uc7c1\uac70\ub9ac\uc774\uace0 \ubb34\uc5c7\uc774 \ud655\uc2e4\ud55c\uac00<\/h2>\n

\uc804\ubb38\uac00\ub4e4\uc774 \ub110\ub9ac \ub3d9\uc758\ud558\ub294 \ubd80\ubd84\uc740 AMM \uc124\uacc4\uac00 \uc720\ub3d9\uc131\uacfc \uc811\uadfc\uc131\uc744 \ud06c\uac8c \ub0ae\ucd94\uc5c8\ub2e4\ub294 \uc810\uc785\ub2c8\ub2e4. \ubc18\uba74 \ub17c\uc7c1\uc801\uc778 \ubd80\ubd84\uc740 ‘\uc5b4\ub5a4 \ud480 \ubaa8\ub378\uc774 \uc7a5\uae30\uc801\uc73c\ub85c \ub354 \uc548\uc804\ud558\uace0 \ud6a8\uc728\uc801\uc778\uac00’\uc785\ub2c8\ub2e4. \uc608\ub97c \ub4e4\uc5b4 \uc9d1\uc911\ud615 \uc720\ub3d9\uc131(concentrated liquidity)\uc740 \uc790\ubcf8 \ud6a8\uc728\uc744 \ub192\uc774\uc9c0\ub9cc \ubcf5\uc7a1\uc131\uc744 \uc99d\uac00\uc2dc\ud0a4\uace0, \uc798\ubabb\ub41c \uac00\uaca9 \ubc94\uc704 \uc124\uc815\uc740 LP\uc5d0\uac8c \ucd94\uac00 \ub9ac\uc2a4\ud06c\ub97c \uc90d\ub2c8\ub2e4. \uc774\ucc98\ub7fc \uc124\uacc4\uc758 \ubbf8\uc138\ud55c \ucc28\uc774\uac00 \uc2e4\uc81c \ubcf4\uc0c1\uacfc \uc704\ud5d8\uc744 \ud06c\uac8c \ubc14\uafc0 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n

\ubd88\ud655\uc2e4\uc131\uc758 \ud575\uc2ec\uc740 \uaddc\uc81c\uc640 \uc2dc\uc7a5 \ucc38\uc5ec\uc790 \ud589\ub3d9\uc785\ub2c8\ub2e4. \ucd5c\uadfc Uniswap\uc774 \uac1c\ubc1c\uc790\uc6a9 API\ub97c \uac15\uc870\ud55c \uac83\uc740 \uae30\uad00\ud615 \uc778\ud130\ud398\uc774\uc2a4\uc640 \uae4a\uc740 \uc720\ub3d9\uc131 \uc811\uadfc\uc744 \ub354 \ucd09\uc9c4\ud560 \uc218 \uc788\ub2e4\ub294 \uc2e0\ud638\uc785\ub2c8\ub2e4. \uc774\ub294 \uc7a5\uae30\uc801\uc73c\ub85c \uc720\ub3d9\uc131\uc758 \uc911\uc559\uc9d1\uc911\uc801 \ud750\ub984\uc744 \uac15\ud654\ud560 \uc5ec\uc9c0\uac00 \uc788\uc9c0\ub9cc, \ub3d9\uc2dc\uc5d0 \ud1b5\ud569\uc744 \ud1b5\ud574 \uc0c8\ub85c\uc6b4 \uacf5\uaca9\uba74(\uc608: \uc5f0\uc1c4\uc801 \uc885\uc18d\uc131)\ub3c4 \ub298\ub9b4 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c ‘\ub354 \ub9ce\uc740 \uc720\ub3d9\uc131 = \ud56d\uc0c1 \ub354 \uc548\uc804’\uc774\ub77c\ub294 \ub2e8\uc21c\ud55c \uacf5\uc2dd\uc740 \uc131\ub9bd\ud558\uc9c0 \uc54a\uc2b5\ub2c8\ub2e4.<\/p>\n

\n

\uc790\uc8fc \ubb3b\ub294 \uc9c8\ubb38<\/h2>\n
\n

Q1: \uc720\ub3d9\uc131\uc774 \uc801\uc740 \ud480\uc5d0\uc11c \uc18c\uc561 \uac70\ub798\ud574\ub3c4 \uc548\uc804\ud55c\uac00\uc694?<\/h3>\n

A1: ‘\uc548\uc804’\uc740 \uc0c1\ub300\uc801\uc785\ub2c8\ub2e4. \uc18c\uc561 \uac70\ub798\ub294 \uae08\uc804\uc801 \uc190\uc2e4 \uaddc\ubaa8\ub97c \ub0ae\ucd9c \uc218 \uc788\uc9c0\ub9cc, \ud480\uc758 \uac00\uaca9 \ubcc0\ub3d9\uc131 \ub54c\ubb38\uc5d0 \uc2ac\ub9ac\ud53c\uc9c0 \ube44\uc728\uc740 \ud074 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uae30\uc220\uc801\uc73c\ub85c \ub354 \ud070 \uc704\ud5d8\uc740 \uac00\uaca9 \uc870\uc791\uc774\ub098 \ud50c\ub798\uc2dc\ub860\uc5d0 \uc758\ud55c \uacf5\uaca9\uc778\ub370, \uc18c\uc561 \uac70\ub798\ub77c \ud574\ub3c4 \uccb4\uc778 \uc0c1\uc5d0\uc11c \uc545\uc601\ud5a5(\uc608: \ud1a0\ud070 \uac00\uaca9\uc758 \uc77c\uc2dc\uc801 \uc65c\uace1)\uc774 \ubc1c\uc0dd\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \ub530\ub77c\uc11c \uac70\ub798 \uc804 \ud480\uc758 TVL\uacfc \ucd5c\uadfc \uac70\ub798 \ud328\ud134\uc744 \ud655\uc778\ud558\uc138\uc694.<\/p>\n<\/p><\/div>\n

\n

Q2: Uniswap \ub85c\uadf8\uc778 \ud6c4 \uc9c0\uac11\uc744 \uc5f0\uacb0\ud558\uba74 \uc5b4\ub5a4 \ubcf4\uc548 \uc704\ud5d8\uc774 \uc788\ub098\uc694?<\/h3>\n

A2: \ub85c\uadf8\uc778 \uc790\uccb4\ub294 \uc9c0\uac11 \uc5f0\uacb0 \uad8c\ud55c\uc744 \ubd80\uc5ec\ud558\ub294 \uacfc\uc815\uc785\ub2c8\ub2e4. \uc774\ub54c \uc8fc\uc758\ud560 \uc810\uc740 DApp\uc774 \uc694\uccad\ud558\ub294 \uad8c\ud55c\uc758 \ubc94\uc704\uc785\ub2c8\ub2e4. \uc784\uc758\uc758 \ud1a0\ud070 \uc804\uc1a1 \uad8c\ud55c\uc744 \ubd80\uc5ec\ud558\uba74 \uacf5\uaca9\uc790\uac00 \ud574\ub2f9 \uad8c\ud55c\uc744 \uc545\uc6a9\ud560 \uac00\ub2a5\uc131\uc774 \uc788\uc2b5\ub2c8\ub2e4. \uc11c\uba85 \uc694\uccad\uc740 \ud56d\uc0c1 \ub0b4\uc6a9(\uae08\uc561, \ucee8\ud2b8\ub799\ud2b8 \uc8fc\uc18c, \ub9cc\ub8cc \uc2dc\uac04 \ub4f1)\uc744 \ud655\uc778\ud558\uace0, \ud544\uc694 \uc2dc \uad8c\ud55c\uc744 \uc881\ud788\ub294 \ubcc4\ub3c4\uc758 \ud2b8\ub79c\uc7ad\uc158\uc744 \ud1b5\ud574 \ud5c8\uc6a9 \ubc94\uc704\ub97c \uc81c\ud55c\ud558\uc138\uc694.<\/p>\n<\/p><\/div>\n

\n

Q3: LP\uac00 \ub418\ub824\uba74 \uc5b4\ub5a4 \ubcf4\uc548 \uc870\uce58\ub97c \uba3c\uc800 \ud574\uc57c \ud558\ub098\uc694?<\/h3>\n

A3: \uc2a4\ub9c8\ud2b8\ucee8\ud2b8\ub799\ud2b8\uc758 \uac10\uc0ac \uc5ec\ubd80 \ud655\uc778, \ud480\uc758 \uacfc\uac70 \uacf5\uaca9 \uae30\ub85d \uac80\ud1a0, \uc608\uce58\ud560 \uc790\uae08\uc758 \uc77c\ubd80\ub9cc\uc73c\ub85c \uc2dc\uc791\ud574 \uc131\uacfc\uc640 \ub9ac\uc2a4\ud06c\ub97c \uad00\ucc30\ud558\ub294 \ub2e8\uacc4\uc801 \uc811\uadfc\uc744 \uad8c\ud569\ub2c8\ub2e4. \ub610\ud55c \uc2dc\ub4dc\uad6c\ubb38\uacfc \uac1c\uc778\ud0a4\ub294 \uc624\ud504\ub77c\uc778\uc73c\ub85c \ubcf4\uad00\ud558\uace0, \uac70\ub798 \uc2dc\uc5d0\ub294 \ucd5c\uc18c \uad8c\ud55c \uc6d0\uce59\uc744 \uc801\uc6a9\ud558\uc138\uc694.<\/p>\n<\/div>\n

\uacb0\ub860\uc801\uc73c\ub85c, \uc720\ub3d9\uc131\uc740 DEX\uc758 \uc791\ub3d9\uc5d0 \ud544\uc218\uc801\uc774\uc9c0\ub9cc \uadf8 \ucde8\uae09 \ubc29\uc2dd\uc740 \uc548\uc804\uacfc \ud6a8\uc728 \uc0ac\uc774\uc758 \ud2b8\ub808\uc774\ub4dc\uc624\ud504\ub97c \ub3d9\ubc18\ud569\ub2c8\ub2e4. \ud55c\uad6d \uc0ac\uc6a9\uc790\ub85c\uc11c \uc911\uc694\ud55c \uac83\uc740 ‘\uae30\uc220\uc801 \uba54\ucee4\ub2c8\uc998\uc744 \uc774\ud574\ud55c \uc0c1\ud0dc\uc5d0\uc11c \uc6b4\uc601 \ub9ac\uc2a4\ud06c\ub97c \uc5c4\uaca9\ud788 \uad00\ub9ac\ud558\ub294 \uc2b5\uad00’\uc744 \uae30\ub974\ub294 \uac83\uc785\ub2c8\ub2e4. \ub9c8\uc9c0\ub9c9\uc73c\ub85c \uacf5\uc2dd \ub85c\uadf8\uc778 \uacbd\ub85c\uc640 \uc2e0\ub8b0 \uac00\ub2a5\ud55c \ub3c4\uad6c\ub97c \uc0ac\uc6a9\ud574 \uc811\uadfc\uc810\uc744 \ub2e8\uc21c\ud654\ud558\uba74 \uacf5\uaca9\uba74\uc744 \uc904\uc774\ub294 \ub370 \ud070 \ub3c4\uc6c0\uc774 \ub429\ub2c8\ub2e4.<\/p>\n

\ubb34\uc5c7\uc744 \ub354 \uc9c0\ucf1c\ubd10\uc57c \ud560\uc9c0 \uac04\ub2e8\ud55c \uccb4\ud06c\ub9ac\uc2a4\ud2b8: \ud480 TVL, \ucd5c\uadfc \uac70\ub798\ub7c9, \uc2a4\ub9c8\ud2b8\ucee8\ud2b8\ub799\ud2b8 \uac10\uc0ac \uc5ec\ubd80, \ucee8\ud2b8\ub799\ud2b8 \uc8fc\uc18c \uc9c1\uc811 \ud655\uc778, \uac70\ub798 \uc804\uc5d0 \uc2ac\ub9ac\ud53c\uc9c0 \ud55c\uacc4 \uc124\uc815. \uc774 \ub2e4\uc12f \uac00\uc9c0\ub97c \uc2b5\uad00\ud654\ud558\uba74, \uc720\ub3d9\uc131\uacfc \ubcf4\uc548 \uc0ac\uc774\uc758 \uade0\ud615\uc744 \ubcf4\ub2e4 \ud569\ub9ac\uc801\uc73c\ub85c \uc720\uc9c0\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

\uc800\ub141\uc5d0 \ucf54\uc778\uc2a4\uc651\uc744 \ud558\ub824\ub2e4 \uc2ac\ub9ac\ud53c\uc9c0(slip)\ub85c \uc608\uc0c1\ubcf4\ub2e4 \ub9ce\uc740 \ube44\uc6a9\uc744 \uc9c0\ubd88\ud55c \uacbd\ud5d8\uc774 \uc788\ub2e4\uba74, \uadf8\uac83\uc740 \ub2e8\uc21c\ud55c ‘\uac00\uaca9 \ubcc0\ub3d9’\uc774 \uc544\ub2c8\ub77c \uc720\ub3d9\uc131\uc758 \ubb38\uc81c\uc77c \uac00\ub2a5\uc131\uc774 \ub192\uc2b5\ub2c8\ub2e4. \uc774 \uae00\uc740 \ud55c\uad6d \uc0ac\uc6a9\uc790\ub4e4\uc774 Uniswap \uacc4\uc815\uc744 \ucc3e\uace0 \uc2e4\uc81c\ub85c \uc2a4\uc651\uc744 \ud560 \ub54c \ubb34\uc5c7\uc744 \ud655\uc778\ud574\uc57c \ud558\ub294\uc9c0 \u2014 \ud2b9\ud788 \ubcf4\uc548\uacfc \ub9ac\uc2a4\ud06c \uad00\uc810\uc5d0\uc11c \u2014 \uae30\uacc4\uc801 \uc6d0\ub9ac\uc640 \uc2e4\uc804 \uac00\uc774\ub4dc\ub97c \ud1b5\ud574 \uc124\uba85\ud569\ub2c8\ub2e4. \ud604\uc2e4\uc801 \uc0ac\ub840\ub85c \uc2dc\uc791\ud574 \ub17c\uc758\ub97c \uc804\uac1c\ud558\uace0, \ub9c8\uc9c0\ub9c9\uc5d0\ub294 \uc2e4\ubb34\uc801\uc73c\ub85c \uc989\uc2dc \uc801\uc6a9\ud560 \uc218 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/posts\/13534"}],"collection":[{"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/comments?post=13534"}],"version-history":[{"count":1,"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/posts\/13534\/revisions"}],"predecessor-version":[{"id":13535,"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/posts\/13534\/revisions\/13535"}],"wp:attachment":[{"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/media?parent=13534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/categories?post=13534"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/anguloempreiteira.com.br\/site\/wp-json\/wp\/v2\/tags?post=13534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}