{"id":107,"date":"2025-03-05T23:57:00","date_gmt":"2025-03-05T23:57:00","guid":{"rendered":"https:\/\/thedailycripto.com\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/"},"modified":"2025-03-05T23:57:00","modified_gmt":"2025-03-05T23:57:00","slug":"unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance","status":"publish","type":"post","link":"https:\/\/thedailycripto.com\/ja\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/","title":{"rendered":"\u300c\u6d41\u52d5\u6027\u306e\u89e3\u653e\uff1a\u5206\u6563\u578b\u91d1\u878d\u306b\u304a\u3051\u308b\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u53f0\u982d\u300d"},"content":{"rendered":"<p>\u3053\u3053\u6570\u30f6\u6708\u3001\u5206\u6563\u578b\u91d1\u878d\uff08DeFi\uff09\u5206\u91ce\u306f\u7206\u767a\u7684\u306a\u6210\u9577\u3092\u9042\u3052\u3001\u9a5a\u7570\u7684\u306a\u30da\u30fc\u30b9\u3067\u65b0\u305f\u306a\u30d7\u30ed\u30c8\u30b3\u30eb\u3084\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u304c\u6b21\u3005\u3068\u767b\u5834\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u6025\u901f\u306a\u9032\u5316\u306f\u3001\u591a\u304f\u306e\u6295\u8cc7\u5bb6\u3084\u958b\u767a\u8005\u3092\u60f9\u304d\u3064\u3051\u3001\u3053\u306e\u30c0\u30a4\u30ca\u30df\u30c3\u30af\u306a\u5206\u91ce\u306b\u304a\u3051\u308b\u30d3\u30b8\u30cd\u30b9\u30c1\u30e3\u30f3\u30b9\u3092\u63a2\u6c42\u3055\u305b\u3066\u3044\u307e\u3059\u3002DeFi\u5206\u91ce\u306b\u304a\u3051\u308b\u6700\u3082\u91cd\u8981\u306a\u9032\u5c55\u306e\u4e00\u3064\u306f\u3001Liquid Staking\uff08\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\uff09\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u53f0\u982d\u3067\u3059\u3002Liquid Staking\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u304c\u4fdd\u6709\u3059\u308b\u6697\u53f7\u8cc7\u7523\u3092\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3059\u308b\u3068\u540c\u6642\u306b\u3001\u4fdd\u6709\u8cc7\u7523\u306e\u4f7f\u7528\u3068\u53d6\u5f15\u3092\u540c\u6642\u306b\u884c\u3046\u6a5f\u80fd\u3092\u63d0\u4f9b\u3057\u307e\u3059\u3002\u3053\u306e\u4e8c\u91cd\u306e\u6a5f\u80fd\u306f\u3001\u5f93\u6765\u306e\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u6163\u884c\u306b\u4f34\u3046\u56fa\u6709\u306e\u5236\u7d04\u306b\u76f4\u63a5\u5bfe\u51e6\u3059\u308b\u305f\u3081\u3001DeFi\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306b\u304a\u3051\u308b\u91cd\u8981\u306a\u9032\u5316\u3092\u8868\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u5f93\u6765\u3001\u30e6\u30fc\u30b6\u30fc\u304c\u30d7\u30eb\u30fc\u30d5\u30fb\u30aa\u30d6\u30fb\u30b9\u30c6\u30fc\u30af\u30fb\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u5185\u3067\u8cc7\u7523\u3092\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3059\u308b\u5834\u5408\u3001\u591a\u304f\u306e\u5834\u5408\u3001\u30c8\u30fc\u30af\u30f3\u3092\u4e00\u5b9a\u671f\u9593\u30ed\u30c3\u30af\u3059\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u306e\u30ed\u30c3\u30af\u671f\u9593\u4e2d\u3001\u30b9\u30c6\u30fc\u30ab\u30fc\u306f\u5b89\u5168\u306b\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3055\u308c\u305f\u8cc7\u7523\u3092\u5229\u7528\u307e\u305f\u306f\u53d6\u5f15\u3059\u308b\u80fd\u529b\u3092\u5931\u3044\u307e\u3059\u3002\u3053\u306e\u72b6\u6cc1\u306f\u6f5c\u5728\u7684\u306a\u6d41\u52d5\u6027\u554f\u984c\u306b\u3064\u306a\u304c\u308a\u3001\u8cc7\u91d1\u3078\u306e\u30a2\u30af\u30bb\u30b9\u3084\u5e02\u5834\u6a5f\u4f1a\u306e\u6d3b\u7528\u3092\u5e0c\u671b\u3059\u308b\u30e6\u30fc\u30b6\u30fc\u306b\u3068\u3063\u3066\u8ab2\u984c\u3068\u306a\u308a\u307e\u3059\u3002\u3053\u306e\u554f\u984c\u3092\u52b9\u679c\u7684\u306b\u89e3\u6c7a\u3059\u308b\u305f\u3081\u306b\u767b\u5834\u3057\u305f\u306e\u304c\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30fb\u30d7\u30ed\u30c8\u30b3\u30eb\u3067\u3059\u3002\u3053\u306e\u30d7\u30ed\u30c8\u30b3\u30eb\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u304c\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3057\u305f\u8cc7\u7523\u306e\u30c8\u30fc\u30af\u30f3\u5316\u3055\u308c\u305f\u8868\u73fe\u3092\u53d7\u3051\u53d6\u308b\u3053\u3068\u3092\u53ef\u80fd\u306b\u3057\u307e\u3059\u3002\u3053\u306e\u30c8\u30fc\u30af\u30f3\u5316\u3055\u308c\u305f\u8868\u73fe\u3001\u3064\u307e\u308a\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u306f\u3001\u69d8\u3005\u306aDeFi\u30a2\u30d7\u30ea\u30b1\u30fc\u30b7\u30e7\u30f3\u3067\u30b7\u30fc\u30e0\u30ec\u30b9\u306b\u5229\u7528\u3067\u304d\u308b\u305f\u3081\u3001\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3055\u308c\u305f\u8cc7\u7523\u306e\u6c4e\u7528\u6027\u3068\u4fdd\u6709\u8005\u306b\u3068\u3063\u3066\u306e\u30e1\u30ea\u30c3\u30c8\u3092\u9ad8\u3081\u307e\u3059\u3002 <\/p>\n<p>\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u6982\u5ff5\u306f\u5168\u304f\u65b0\u3057\u3044\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u304c\u3001Lido\u3001Rocket Pool\u306a\u3069\u306e\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u306f\u3001\u3053\u306e1\u5e74\u9593\u3067\u76ee\u899a\u307e\u3057\u3044\u52e2\u3044\u3092\u5897\u3057\u3066\u3044\u307e\u3059\u3002\u4f8b\u3048\u3070\u3001Lido\u306f\u3001\u30a4\u30fc\u30b5\u30ea\u30a2\u30e02.0\u306e\u30b9\u30c6\u30fc\u30ab\u30fc\u304c\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3057\u305f\u30a4\u30fc\u30b5\u3068\u5f15\u304d\u63db\u3048\u306bstETH\u30c8\u30fc\u30af\u30f3\u3092\u53d7\u3051\u53d6\u308b\u3053\u3068\u3092\u53ef\u80fd\u306b\u3057\u307e\u3059\u3002\u3053\u306estETH\u306f\u53d6\u5f15\u3001\u62c5\u4fdd\u3068\u3057\u3066\u5229\u7528\u3001\u3042\u308b\u3044\u306f\u4ed6\u306eDeFi\u30a4\u30f3\u30d5\u30e9\u3078\u306e\u7d71\u5408\u304c\u53ef\u80fd\u3067\u3001\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u5831\u916c\u3092\u751f\u307f\u51fa\u3059\u3068\u540c\u6642\u306b\u3001\u305d\u306e\u6709\u7528\u6027\u3092\u5927\u5e45\u306b\u5411\u4e0a\u3055\u305b\u307e\u3059\u3002\u3053\u306e\u958b\u767a\u306f\u3001\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306b\u5bfe\u3059\u308b\u30e6\u30fc\u30b6\u30fc\u306e\u8003\u3048\u65b9\u3092\u5909\u9769\u3057\u3001\u6697\u53f7\u8cc7\u7523\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u7ba1\u7406\u306b\u304a\u3051\u308b\u67d4\u8edf\u6027\u3068\u53ce\u76ca\u6027\u306e\u5411\u4e0a\u3092\u53ef\u80fd\u306b\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u4eba\u6c17\u304c\u9ad8\u307e\u3063\u3066\u3044\u308b\u4e3b\u306a\u8981\u56e0\u306e\u4e00\u3064\u306f\u3001\u30a4\u30fc\u30eb\u30c9\u30d5\u30a1\u30fc\u30df\u30f3\u30b0\u3078\u306e\u9700\u8981\u306e\u9ad8\u307e\u308a\u3067\u3059\u3002DeFi\u6295\u8cc7\u5bb6\u306f\u5e02\u5834\u306e\u9078\u629e\u80a2\u306b\u3064\u3044\u3066\u3088\u308a\u6d17\u7df4\u3055\u308c\u3001\u77e5\u8b58\u3092\u6df1\u3081\u308b\u306b\u3064\u308c\u3066\u3001\u30ea\u30bf\u30fc\u30f3\u3092\u6700\u5927\u5316\u3059\u308b\u305f\u3081\u306e\u9769\u65b0\u7684\u306a\u65b9\u6cd5\u3092\u5e38\u306b\u6a21\u7d22\u3057\u3066\u3044\u307e\u3059\u3002\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u304c\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u5831\u916c\u3092\u7372\u5f97\u3057\u306a\u304c\u3089\u3001\u540c\u6642\u306b\u305d\u308c\u3089\u306e\u8cc7\u7523\u3092DeFi\u74b0\u5883\u5168\u4f53\u306b\u304a\u3051\u308b\u69d8\u3005\u306a\u5229\u56de\u308a\u5275\u51fa\u6d3b\u52d5\u306b\u6d3b\u7528\u3067\u304d\u308b\u3088\u3046\u306b\u3059\u308b\u3053\u3068\u3067\u3001\u3053\u306e\u76ee\u6a19\u3092\u52b9\u679c\u7684\u306b\u4fc3\u9032\u3057\u307e\u3059\u3002\u3053\u306e\u6226\u7565\u306f\u6700\u7d42\u7684\u306b\u6295\u8cc7\u5bb6\u306e\u5168\u4f53\u7684\u306a\u5229\u56de\u308a\u3092\u5411\u4e0a\u3055\u305b\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u3001\u30ea\u30bf\u30fc\u30f3\u306e\u6700\u5927\u5316\u304c\u6700\u512a\u5148\u3055\u308c\u308b\u71be\u70c8\u306a\u7af6\u4e89\u306e\u6fc0\u3057\u3044DeFi\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306b\u304a\u3044\u3066\u9b45\u529b\u7684\u306a\u63d0\u6848\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u3055\u3089\u306b\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30d7\u30ed\u30c8\u30b3\u30eb\u306f\u3001\u30d7\u30eb\u30fc\u30d5\u30fb\u30aa\u30d6\u30fb\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30fb\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306e\u5206\u6563\u5316\u3068\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u306e\u4e21\u65b9\u3092\u5411\u4e0a\u3055\u305b\u308b\u4e0a\u3067\u91cd\u8981\u306a\u5f79\u5272\u3092\u679c\u305f\u3059\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306f\u3001\u3088\u308a\u591a\u304f\u306e\u30e6\u30fc\u30b6\u30fc\u304c\u8cc7\u7523\u3092\u30ed\u30c3\u30af\u30a2\u30c3\u30d7\u3059\u308b\u3068\u3044\u3046\u56fa\u6709\u306e\u5236\u7d04\u306a\u3057\u306b\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3067\u304d\u308b\u3088\u3046\u306b\u3059\u308b\u3053\u3068\u3067\u3001\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u5168\u4f53\u3067\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3055\u308c\u305f\u30c8\u30fc\u30af\u30f3\u306e\u7dcf\u91cf\u3092\u5927\u5e45\u306b\u5897\u52a0\u3055\u305b\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u6bd4\u7387\u304c\u9ad8\u3044\u307b\u3069\u3001\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u30e1\u30ab\u30cb\u30ba\u30e0\u306b\u53c2\u52a0\u3059\u308b\u30c8\u30fc\u30af\u30f3\u306e\u6570\u304c\u5897\u3048\u308b\u305f\u3081\u3001\u901a\u5e38\u3001\u305d\u308c\u305e\u308c\u306e\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306e\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u304c\u5411\u4e0a\u3057\u307e\u3059\u3002\u3053\u306e\u4e0a\u6607\u50be\u5411\u306f\u3001\u9032\u5316\u3059\u308b\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u30fb\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u5168\u4f53\u7684\u306a\u5065\u5168\u6027\u3068\u5805\u7262\u6027\u306b\u30d7\u30e9\u30b9\u306e\u5f71\u97ff\u3092\u4e0e\u3048\u3001\u5206\u6563\u578b\u91d1\u878d\uff08DIF\uff09\u306b\u304a\u3051\u308b\u5b89\u5168\u306a\u74b0\u5883\u3092\u4fc3\u9032\u3057\u307e\u3059\u3002<\/p>\n<p>\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306b\u306f\u591a\u304f\u306e\u5229\u70b9\u304c\u3042\u308b\u4e00\u65b9\u3067\u3001\u7279\u6709\u306e\u8ab2\u984c\u3082\u5b58\u5728\u3059\u308b\u3053\u3068\u3092\u8a8d\u8b58\u3057\u3066\u304a\u304f\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002\u6d41\u52d5\u6027\u30d7\u30fc\u30eb\u3001\u30b9\u30de\u30fc\u30c8\u30b3\u30f3\u30c8\u30e9\u30af\u30c8\u306e\u8106\u5f31\u6027\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u30ac\u30d0\u30ca\u30f3\u30b9\u306b\u95a2\u9023\u3059\u308b\u30ea\u30b9\u30af\u306f\u3001\u3053\u306e\u9769\u65b0\u7684\u306a\u5206\u91ce\u3078\u306e\u53c2\u52a0\u3092\u76ee\u6307\u3059\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u6df1\u523b\u306a\u8105\u5a01\u3068\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u30e6\u30fc\u30b6\u30fc\u306f\u3001\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u3092\u5229\u7528\u3059\u308b\u969b\u306b\u3001\u5341\u5206\u306a\u6ce8\u610f\u3068\u6ce8\u610f\u3092\u6255\u3046\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u308c\u3089\u306e\u30d7\u30ed\u30c8\u30b3\u30eb\u306b\u304a\u3051\u308b\u4e0d\u5177\u5408\u3084\u8106\u5f31\u6027\u306e\u60aa\u7528\u306f\u3001\u591a\u5927\u306a\u7d4c\u6e08\u7684\u640d\u5931\u306b\u3064\u306a\u304c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3055\u3089\u306b\u3001\u3053\u308c\u3089\u306e\u30d7\u30ed\u30c8\u30b3\u30eb\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u3092\u4fdd\u8b77\u3057\u3001\u3088\u308a\u5e83\u7bc4\u306a\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u5185\u3067\u6c38\u7d9a\u7684\u306a\u4fe1\u983c\u3092\u7bc9\u304f\u305f\u3081\u306b\u3001\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u5bfe\u7b56\u3092\u7d99\u7d9a\u7684\u306b\u5f37\u5316\u3059\u308b\u3053\u3068\u304c\u4e0d\u53ef\u6b20\u3067\u3059\u3002<\/p>\n<p>\u3082\u3046\u4e00\u3064\u306e\u91cd\u5927\u306a\u61f8\u5ff5\u306f\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u652f\u914d\u306b\u3088\u3063\u3066\u751f\u3058\u308b\u53ef\u80fd\u6027\u306e\u3042\u308b\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u6f5c\u5728\u7684\u306a\u4e2d\u592e\u96c6\u6a29\u5316\u3067\u3059\u3002Lido\u306e\u3088\u3046\u306a\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u304c\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u8cc7\u7523\u5168\u4f53\u306e\u5927\u304d\u306a\u5272\u5408\u3092\u5360\u3081\u308b\u3088\u3046\u306b\u306a\u308b\u3068\u3001\u30b5\u30dd\u30fc\u30c8\u3059\u308b\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306b\u5927\u304d\u306a\u5f71\u97ff\u529b\u3092\u6301\u3064\u3088\u3046\u306b\u306a\u308a\u307e\u3059\u3002\u3053\u3046\u3057\u305f\u6a29\u529b\u306e\u96c6\u4e2d\u306f\u3001\u5206\u6563\u578b\u30d7\u30ed\u30c8\u30b3\u30eb\u306b\u304a\u3051\u308b\u30ac\u30d0\u30ca\u30f3\u30b9\u3068\u5f71\u97ff\u529b\u306e\u30d0\u30e9\u30f3\u30b9\u306b\u95a2\u3059\u308b\u6b63\u5f53\u306a\u61f8\u5ff5\u3092\u5f15\u304d\u8d77\u3053\u3057\u307e\u3059\u3002\u3057\u305f\u304c\u3063\u3066\u3001\u30e6\u30fc\u30b6\u30fc\u306f\u3053\u3046\u3057\u305f\u52d5\u5411\u306b\u3064\u3044\u3066\u5e38\u306b\u60c5\u5831\u3092\u5165\u624b\u3057\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306b\u4f34\u3046\u4e2d\u592e\u96c6\u6a29\u5316\u30ea\u30b9\u30af\u3092\u8efd\u6e1b\u3059\u308b\u65b9\u6cd5\u3068\u3057\u3066\u3001\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u9078\u629e\u80a2\u306e\u591a\u69d8\u5316\u3092\u691c\u8a0e\u3059\u308b\u3053\u3068\u304c\u4e0d\u53ef\u6b20\u3067\u3059\u3002<\/p>\n<p>\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u5206\u91ce\u306b\u304a\u3051\u308b\u81ea\u5f8b\u5206\u6563\u578b\u7d44\u7e54\uff08DAO\uff09\u306e\u5c0e\u5165\u306f\u3001\u9032\u5316\u3092\u7d9a\u3051\u308b\u74b0\u5883\u306b\u3055\u3089\u306a\u308b\u8907\u96d1\u3055\u3092\u52a0\u3048\u3066\u3044\u307e\u3059\u3002DAO\u306f\u3001\u30a4\u30f3\u30bb\u30f3\u30c6\u30a3\u30d6\u69cb\u9020\u3084\u610f\u601d\u6c7a\u5b9a\u30d7\u30ed\u30bb\u30b9\u306a\u3069\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u69d8\u3005\u306a\u5074\u9762\u3092\u7ba1\u7406\u3057\u3066\u3044\u307e\u3059\u3002DAO\u306f\u3088\u308a\u6c11\u4e3b\u7684\u306a\u30ac\u30d0\u30ca\u30f3\u30b9\u30a2\u30d7\u30ed\u30fc\u30c1\u3092\u63d0\u4f9b\u3067\u304d\u307e\u3059\u304c\u3001\u3053\u308c\u3089\u306e\u5206\u6563\u578b\u30ac\u30d0\u30ca\u30f3\u30b9\u30e2\u30c7\u30eb\u306e\u6709\u52b9\u6027\u306f\u3001\u73fe\u5b9f\u4e16\u754c\u306e\u72b6\u6cc1\u4e0b\u3067\u4f9d\u7136\u3068\u3057\u3066\u7a4d\u6975\u7684\u306b\u691c\u8a3c\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u3001DAO\u304c\u904b\u55b6\u3059\u308b\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u9032\u5316\u306f\u3001DeFi\u5206\u91ce\u5168\u4f53\u306e\u4eca\u5f8c\u306e\u767a\u5c55\u3068\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u3092\u6ce8\u8996\u3057\u3066\u3044\u304f\u4e0a\u3067\u91cd\u8981\u306a\u9818\u57df\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u8fd1\u5e74\u3001\u30af\u30ed\u30b9\u30c1\u30a7\u30fc\u30f3\u306e\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u3078\u306e\u95a2\u5fc3\u304c\u9ad8\u307e\u3063\u3066\u3044\u307e\u3059\u3002\u69d8\u3005\u306aDeFi\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u304c\u3001\u4ed6\u306e\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u3068\u306e\u7d71\u5408\u306b\u3088\u3063\u3066\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u6a5f\u80fd\u3092\u62e1\u5f35\u3059\u308b\u65b9\u6cd5\u3092\u7a4d\u6975\u7684\u306b\u6a21\u7d22\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u30a2\u30d7\u30ed\u30fc\u30c1\u306f\u76f8\u4e92\u904b\u7528\u6027\u3092\u4fc3\u9032\u3057\u3001\u30e6\u30fc\u30b6\u30fc\u306b\u5e45\u5e83\u3044\u8cc7\u7523\u3078\u306e\u30a2\u30af\u30bb\u30b9\u3068\u3001\u5358\u4e00\u306e\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306e\u9650\u754c\u3092\u8d85\u3048\u305f\u53ce\u76ca\u6a5f\u4f1a\u3092\u63d0\u4f9b\u3057\u307e\u3059\u3002\u30af\u30ed\u30b9\u30c1\u30a7\u30fc\u30f3\u6a5f\u80fd\u3092\u91cd\u8996\u3057\u305f\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u306b\u65b0\u305f\u306a\u91d1\u878d\u306e\u53ef\u80fd\u6027\u3092\u89e3\u304d\u653e\u3061\u3001\u6700\u7d42\u7684\u306b\u306f\u3088\u308a\u76f8\u4e92\u63a5\u7d9a\u3055\u308c\u305f\u5305\u62ec\u7684\u306aDeFi\u74b0\u5883\u3092\u4fc3\u9032\u3059\u308b\u53ef\u80fd\u6027\u3092\u79d8\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306f\u9032\u5316\u3092\u7d9a\u3051\u3001\u3053\u306e\u65b0\u305f\u306a\u30c8\u30ec\u30f3\u30c9\u3092\u63a2\u6c42\u3059\u308b\u3053\u3068\u306b\u71b1\u5fc3\u306a\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u6ce8\u76ee\u3092\u96c6\u3081\u3066\u3044\u307e\u3059\u3002\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306f\u901a\u5e38\u3001\u9577\u671f\u306b\u308f\u305f\u308b\u30ea\u30bf\u30fc\u30f3\u3092\u5411\u4e0a\u3055\u305b\u308b\u3068\u540c\u6642\u306b\u3001\u95a2\u9023\u3059\u308b\u30ea\u30b9\u30af\u3092\u6700\u5c0f\u9650\u306b\u6291\u3048\u308b\u65b9\u6cd5\u3092\u6a21\u7d22\u3057\u3066\u304a\u308a\u3001\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306f\u3053\u3046\u3057\u305f\u76ee\u6a19\u9054\u6210\u306e\u305f\u3081\u306e\u9b45\u529b\u7684\u306a\u624b\u6bb5\u3068\u306a\u308a\u307e\u3059\u3002\u6d41\u52d5\u6027\u3092\u72a0\u7272\u306b\u3059\u308b\u3053\u3068\u306a\u304f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306b\u53c2\u52a0\u3067\u304d\u308b\u30e1\u30ab\u30cb\u30ba\u30e0\u3092\u63d0\u4f9b\u3059\u308b\u3053\u3068\u3067\u3001\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306f\u3088\u308a\u5e83\u7bc4\u306aDeFi\u5206\u91ce\u3078\u306e\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u53c2\u52a0\u3092\u4fc3\u9032\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304b\u3089\u306e\u3053\u306e\u3088\u3046\u306a\u8cc7\u91d1\u6d41\u5165\u306f\u3001\u591a\u69d8\u306aDeFi\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306b\u304a\u3051\u308b\u3055\u3089\u306a\u308b\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u3068\u767a\u5c55\u3092\u52a0\u901f\u3055\u305b\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u5e02\u5834\u306e\u30c0\u30a4\u30ca\u30df\u30af\u30b9\u3068\u30e6\u30fc\u30b6\u30fc\u306e\u884c\u52d5\u3082\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30fb\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u5168\u4f53\u7684\u306a\u666e\u53ca\u3068\u6210\u529f\u306b\u304a\u3044\u3066\u6975\u3081\u3066\u91cd\u8981\u306a\u5f79\u5272\u3092\u679c\u305f\u3057\u307e\u3059\u3002\u30e6\u30fc\u30b6\u30fc\u306fDeFi\u88fd\u54c1\u306e\u64cd\u4f5c\u306b\u6163\u308c\u3066\u304f\u308b\u306b\u3064\u308c\u3066\u3001\u72ec\u81ea\u306e\u91d1\u878d\u6226\u7565\u3092\u5f37\u5316\u3059\u308b\u65b0\u3057\u3044\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u3092\u6a21\u7d22\u3059\u308b\u50be\u5411\u304c\u3042\u308a\u307e\u3059\u3002\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u5229\u70b9\u3068\u6a5f\u80fd\u306b\u95a2\u3059\u308b\u6559\u80b2\u3068\u8a8d\u77e5\u306f\u3001\u65b0\u898f\u30e6\u30fc\u30b6\u30fc\u3092\u3053\u306e\u5206\u91ce\u306b\u53d6\u308a\u8fbc\u3080\u4e0a\u3067\u975e\u5e38\u306b\u91cd\u8981\u3067\u3059\u3002\u5305\u62ec\u7684\u306a\u30ac\u30a4\u30c9\u3001\u308f\u304b\u308a\u3084\u3059\u3044\u30c1\u30e5\u30fc\u30c8\u30ea\u30a2\u30eb\u3001\u305d\u3057\u3066\u30e6\u30fc\u30b6\u30fc\u30d5\u30ec\u30f3\u30c9\u30ea\u30fc\u306a\u30a4\u30f3\u30bf\u30fc\u30d5\u30a7\u30fc\u30b9\u306e\u63d0\u4f9b\u306b\u91cd\u70b9\u3092\u7f6e\u304f\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u306f\u3001\u3088\u308a\u591a\u304f\u306e\u53c2\u52a0\u8005\u3092\u5f15\u304d\u4ed8\u3051\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u6b63\u5f53\u6027\u3092\u9ad8\u3081\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u5206\u91ce\u306b\u304a\u3051\u308b\u4eca\u5f8c\u306e\u767a\u5c55\u306b\u306f\u3001\u5f37\u5316\u3055\u308c\u305f\u30ea\u30b9\u30af\u8a55\u4fa1\u3084\u6700\u9069\u5316\u3055\u308c\u305f\u5229\u56de\u308a\u6226\u7565\u3068\u3044\u3063\u305f\u3001\u30e6\u30fc\u30b6\u30fc\u30cb\u30fc\u30ba\u306b\u76f4\u63a5\u5bfe\u5fdc\u3059\u308b\u9ad8\u5ea6\u306a\u6a5f\u80fd\u304c\u7d44\u307f\u8fbc\u307e\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002DeFi\u6295\u8cc7\u5bb6\u306f\u3001\u5206\u6563\u578b\u91d1\u878d\uff08DeFi\uff09\u306b\u4f34\u3046\u8907\u96d1\u306a\u72b6\u6cc1\u306b\u5bfe\u5fdc\u3059\u308b\u305f\u3081\u306e\u5805\u7262\u306a\u30ea\u30b9\u30af\u7ba1\u7406\u30c4\u30fc\u30eb\u3092\u5e38\u306b\u6c42\u3081\u3066\u3044\u307e\u3059\u3002\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306b\u95a2\u9023\u3059\u308b\u6f5c\u5728\u7684\u306a\u30ea\u30b9\u30af\u3092\u76e3\u8996\u3059\u308b\u5206\u6790\u30c4\u30fc\u30eb\u3092\u30b7\u30fc\u30e0\u30ec\u30b9\u306b\u7d71\u5408\u3059\u308b\u3053\u3068\u3067\u3001\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u306f\u30e6\u30fc\u30b6\u30fc\u306b\u8cb4\u91cd\u306a\u6d1e\u5bdf\u3092\u63d0\u4f9b\u3057\u3001\u60c5\u5831\u306b\u57fa\u3065\u3044\u305f\u610f\u601d\u6c7a\u5b9a\u3092\u53ef\u80fd\u306b\u3057\u3001\u3053\u308c\u3089\u306e\u91d1\u878d\u5546\u54c1\u3078\u306e\u53c2\u52a0\u306b\u304a\u3051\u308b\u5168\u4f53\u7684\u306a\u4fe1\u983c\u3092\u9ad8\u3081\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n<p>\u73fe\u5728\u63a2\u6c42\u3055\u308c\u3066\u3044\u308b\u6700\u3082\u8208\u5473\u6df1\u3044\u30d5\u30ed\u30f3\u30c6\u30a3\u30a2\u306e\u4e00\u3064\u306f\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3068\u975e\u4ee3\u66ff\u6027\u30c8\u30fc\u30af\u30f3\uff08NFT\uff09\u306e\u76f8\u4e92\u4f5c\u7528\u3067\u3059\u3002\u3044\u304f\u3064\u304b\u306e\u9769\u65b0\u7684\u306a\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3067\u306f\u3001NFT\u306e\u6240\u6709\u6a29\u3068\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u6a5f\u80fd\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u3053\u3068\u3067\u3001NFT\u4fdd\u6709\u8005\u304c\u81ea\u8eab\u306e\u30b3\u30ec\u30af\u30b7\u30e7\u30f3\u306b\u56fa\u6709\u306e\u8cc7\u7523\u3092\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3067\u304d\u308b\u3088\u3046\u306b\u3059\u308b\u3053\u3068\u3092\u691c\u8a0e\u3057\u3066\u3044\u307e\u3059\u3002\u5206\u6563\u578b\u91d1\u878d\uff08DeFi\uff09\u3068NFT\u306e\u878d\u5408\u306f\u3001\u30af\u30ea\u30a8\u30a4\u30bf\u30fc\u3068\u4fdd\u6709\u8005\u53cc\u65b9\u306b\u65b0\u305f\u306a\u53ce\u76ca\u6e90\u3092\u3082\u305f\u3089\u3059\u3068\u540c\u6642\u306b\u3001\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u306e\u30a8\u30f3\u30b2\u30fc\u30b8\u30e1\u30f3\u30c8\u3092\u9ad8\u3081\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u306e\u9769\u65b0\u7684\u306a\u30b3\u30f3\u30bb\u30d7\u30c8\u304c\u666e\u53ca\u3059\u308b\u306b\u3064\u308c\u3001\u65e2\u5b58\u306eDeFi\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u306b\u30b7\u30fc\u30e0\u30ec\u30b9\u306b\u7d71\u5408\u3055\u308c\u305f\u3001\u3053\u308c\u307e\u3067\u306b\u306a\u3044\u6d41\u52d5\u6027\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u306b\u3064\u306a\u304c\u308b\u53ef\u80fd\u6027\u3092\u79d8\u3081\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3055\u3089\u306b\u3001\u4eca\u5f8c\u6570\u30f6\u6708\u9593\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3092\u53d6\u308a\u5dfb\u304f\u898f\u5236\u306e\u52d5\u5411\u306f\u53b3\u3057\u304f\u7cbe\u67fb\u3055\u308c\u308b\u3053\u3068\u304c\u4e88\u60f3\u3055\u308c\u307e\u3059\u3002\u653f\u5e9c\u3084\u91d1\u878d\u5f53\u5c40\u304c\u5206\u6563\u578b\u91d1\u878d\uff08DeFi\uff09\u306b\u95a2\u3059\u308b\u3088\u308a\u660e\u78ba\u306a\u30ac\u30a4\u30c9\u30e9\u30a4\u30f3\u306e\u7b56\u5b9a\u306b\u53d6\u308a\u7d44\u3080\u4e2d\u3067\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30d7\u30ed\u30c8\u30b3\u30eb\u306f\u3001\u3053\u306e\u5909\u5316\u3057\u7d9a\u3051\u308b\u74b0\u5883\u304b\u3089\u751f\u3058\u308b\u65b0\u305f\u306a\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u4e0a\u306e\u8ab2\u984c\u306b\u76f4\u9762\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u5206\u6563\u5316\u306e\u4e2d\u6838\u539f\u5247\u3092\u7dad\u6301\u3057\u306a\u304c\u3089\u898f\u5236\u9075\u5b88\u3092\u78ba\u4fdd\u3059\u308b\u306b\u306f\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u958b\u767a\u8005\u306b\u3088\u308b\u9769\u65b0\u7684\u306a\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u3068\u9069\u5fdc\u304c\u4e0d\u53ef\u6b20\u3067\u3059\u3002DeFi\u74b0\u5883\u304c\u5916\u90e8\u304b\u3089\u306e\u5727\u529b\u3084\u696d\u754c\u898f\u7bc4\u306e\u5909\u5316\u306b\u9069\u5fdc\u3057\u3066\u3044\u304f\u4e2d\u3067\u3001\u898f\u5236\u3068\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u306e\u3053\u306e\u7e4a\u7d30\u306a\u76f8\u4e92\u4f5c\u7528\u306f\u3001\u6ce8\u610f\u6df1\u304f\u76e3\u8996\u3059\u3079\u304d\u91cd\u8981\u306a\u9818\u57df\u3067\u3059\u3002<\/p>\n<p>\u7d50\u8ad6\u3068\u3057\u3066\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306fDeFi\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u306b\u304a\u3051\u308b\u5909\u9769\u7684\u306a\u30c8\u30ec\u30f3\u30c9\u3067\u3042\u308a\u3001\u9769\u65b0\u7684\u306a\u91d1\u878d\u6226\u7565\u3092\u63a8\u9032\u3057\u3001\u5f93\u6765\u306e\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u30d7\u30ed\u30bb\u30b9\u306b\u9769\u547d\u3092\u3082\u305f\u3089\u3057\u3001\u30e6\u30fc\u30b6\u30fc\u306e\u6d41\u52d5\u6027\u30aa\u30d7\u30b7\u30e7\u30f3\u3092\u5411\u4e0a\u3055\u305b\u308b\u53ef\u80fd\u6027\u3092\u79d8\u3081\u3066\u3044\u307e\u3059\u3002\u57fa\u76e4\u3068\u306a\u308b\u30d7\u30ed\u30c8\u30b3\u30eb\u304c\u9032\u5316\u30fb\u9069\u5fdc\u3057\u3066\u3044\u304f\u4e2d\u3067\u3001\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u3001\u5206\u6563\u5316\u3001\u30af\u30ed\u30b9\u30c1\u30a7\u30fc\u30f3\u4e92\u63db\u6027\u3068\u3044\u3063\u305f\u91cd\u8981\u306a\u7126\u70b9\u9818\u57df\u306f\u6975\u3081\u3066\u91cd\u8981\u306b\u306a\u308a\u307e\u3059\u3002\u30e6\u30fc\u30b6\u30fc\u306f\u3001\u6d41\u52d5\u6027\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u53d6\u308a\u7d44\u307f\u306b\u53c2\u52a0\u3059\u308b\u969b\u306b\u306f\u3001\u6f5c\u5728\u7684\u306a\u30e1\u30ea\u30c3\u30c8\u3068\u305d\u308c\u306b\u4f34\u3046\u30ea\u30b9\u30af\u306e\u4e21\u65b9\u3092\u614e\u91cd\u306b\u691c\u8a0e\u3057\u3001\u5e38\u306b\u6ce8\u610f\u3092\u6255\u3044\u3001\u5341\u5206\u306a\u60c5\u5831\u3092\u5f97\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002 <\/p>\n<p>\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u306e\u6210\u9577\u8ecc\u9053\u306f\u3001DeFi\u696d\u754c\u306e\u6d3b\u6c17\u306b\u6e80\u3061\u305f\u7d76\u3048\u9593\u306a\u3044\u9032\u5316\u3092\u7269\u8a9e\u3063\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u3089\u306e\u753b\u671f\u7684\u306a\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u304c\u9032\u5c55\u3059\u308b\u306b\u3064\u308c\u3001\u3088\u308a\u5305\u62ec\u7684\u3067\u5206\u6563\u5316\u3055\u308c\u305f\u3001\u305d\u3057\u3066\u53ce\u76ca\u6027\u306e\u9ad8\u3044\u91d1\u878d\u74b0\u5883\u3078\u306e\u9053\u304c\u958b\u304b\u308c\u307e\u3059\u3002\u3053\u306e\u5206\u91ce\u306e\u53c2\u52a0\u8005\u306f\u3001\u5354\u529b\u3001\u7d99\u7d9a\u7684\u306a\u5b66\u7fd2\u3001\u305d\u3057\u3066\u60c5\u5831\u306b\u57fa\u3065\u3044\u305f\u610f\u601d\u6c7a\u5b9a\u3092\u901a\u3058\u3066\u3001\u6025\u901f\u306b\u5909\u5316\u3059\u308b\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u3092\u4e57\u308a\u8d8a\u3048\u3001\u65b0\u305f\u306a\u53ef\u80fd\u6027\u3092\u5207\u308a\u958b\u304f\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u4eca\u5f8c\u6570\u30f6\u6708\u306f\u3001\u30ea\u30ad\u30c3\u30c9\u30b9\u30c6\u30fc\u30ad\u30f3\u30b0\u3068\u3088\u308a\u5e83\u7bc4\u306aDeFi\u306e\u4e16\u754c\u306e\u7d99\u7d9a\u7684\u306a\u767a\u5c55\u306b\u3068\u3063\u3066\u6975\u3081\u3066\u91cd\u8981\u306a\u6642\u671f\u3068\u306a\u308b\u3067\u3057\u3087\u3046\u3002\u306a\u305c\u306a\u3089\u3001\u3053\u306e\u7d76\u3048\u305a\u9032\u5316\u3059\u308b\u5206\u91ce\u306b\u306f\u3001\u523a\u6fc0\u7684\u306a\u6a5f\u4f1a\u3068\u56f0\u96e3\u306a\u8ab2\u984c\u306e\u4e21\u65b9\u304c\u5f85\u3061\u53d7\u3051\u3066\u3044\u308b\u304b\u3089\u3067\u3059\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>In recent months, the decentralized finance (DeFi) space has witnessed an explosive surge in growth, with an array of new protocols and platforms emerging at an astonishing pace. This rapid evolution has attracted many investors and developers to explore the opportunities within this dynamic sector. Among the most significant developments in the DeFi landscape is the rise of liquid staking protocols. Liquid staking offers users the ability to stake their cryptocurrencies while retaining the capability to use and trade their assets simultaneously. This dual feature represents a crucial evolution in the DeFi ecosystem as it directly addresses some inherent limitations associated with traditional staking practices. Traditionally, when users choose to [&hellip;]<\/p>","protected":false},"author":3,"featured_media":106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&quot;Unlocking Liquidity: The Rise of Liquid Staking in Decentralized Finance&quot; - The Daily Cripto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailycripto.com\/ja\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/\" \/>\n<meta property=\"og:locale\" content=\"ja_JP\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;Unlocking Liquidity: The Rise of Liquid Staking in Decentralized Finance&quot; - The Daily Cripto\" \/>\n<meta property=\"og:description\" content=\"In recent months, the decentralized finance (DeFi) space has witnessed an explosive surge in growth, with an array of new protocols and platforms emerging at an astonishing pace. This rapid evolution has attracted many investors and developers to explore the opportunities within this dynamic sector. Among the most significant developments in the DeFi landscape is the rise of liquid staking protocols. Liquid staking offers users the ability to stake their cryptocurrencies while retaining the capability to use and trade their assets simultaneously. This dual feature represents a crucial evolution in the DeFi ecosystem as it directly addresses some inherent limitations associated with traditional staking practices. Traditionally, when users choose to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thedailycripto.com\/ja\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/\" \/>\n<meta property=\"og:site_name\" content=\"The Daily Cripto\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-05T23:57:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thedailycripto.com\/wp-content\/uploads\/sites\/248\/2025\/03\/Cryptoeconomics-typed-on-paper-using-vintage-typewriter-on-wooden-background-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"525\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bruno Gianni\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bruno Gianni\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7\u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/\",\"url\":\"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/\",\"name\":\"\\\"Unlocking Liquidity: The Rise of Liquid Staking in Decentralized Finance\\\" - The Daily Cripto\",\"isPartOf\":{\"@id\":\"https:\/\/thedailycripto.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thedailycripto.com\/wp-content\/uploads\/sites\/248\/2025\/03\/Cryptoeconomics-typed-on-paper-using-vintage-typewriter-on-wooden-background-2.jpg\",\"datePublished\":\"2025-03-05T23:57:00+00:00\",\"dateModified\":\"2025-03-05T23:57:00+00:00\",\"author\":{\"@id\":\"https:\/\/thedailycripto.com\/#\/schema\/person\/d52888235fd6563bd07d97185d6a61e4\"},\"breadcrumb\":{\"@id\":\"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#breadcrumb\"},\"inLanguage\":\"ja\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ja\",\"@id\":\"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#primaryimage\",\"url\":\"https:\/\/thedailycripto.com\/wp-content\/uploads\/sites\/248\/2025\/03\/Cryptoeconomics-typed-on-paper-using-vintage-typewriter-on-wooden-background-2.jpg\",\"contentUrl\":\"https:\/\/thedailycripto.com\/wp-content\/uploads\/sites\/248\/2025\/03\/Cryptoeconomics-typed-on-paper-using-vintage-typewriter-on-wooden-background-2.jpg\",\"width\":525,\"height\":350,\"caption\":\"Cryptoeconomics typed on paper using vintage typewriter on wooden background.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thedailycripto.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"&#8220;Unlocking Liquidity: The Rise of Liquid Staking in Decentralized Finance&#8221;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thedailycripto.com\/#website\",\"url\":\"https:\/\/thedailycripto.com\/\",\"name\":\"The Daily Cripto\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thedailycripto.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"ja\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/thedailycripto.com\/#\/schema\/person\/d52888235fd6563bd07d97185d6a61e4\",\"name\":\"Bruno Gianni\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ja\",\"@id\":\"https:\/\/thedailycripto.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0f5d42d7bf77874643c1478932860e3f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0f5d42d7bf77874643c1478932860e3f?s=96&d=mm&r=g\",\"caption\":\"Bruno Gianni\"},\"description\":\"Bruno writes the way he lives, with curiosity, care, and respect for people. He likes to observe, listen, and try to understand what is happening on the other side before putting any words on the page.For him, writing is not about impressing, but about getting closer. It is about turning thoughts into something simple, clear, and real. Every text is an ongoing conversation, created with care and honesty, with the sincere intention of touching someone, somewhere along the way.\",\"url\":\"https:\/\/thedailycripto.com\/ja\/author\/bcgianni\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\"Unlocking Liquidity: The Rise of Liquid Staking in Decentralized Finance\" - The Daily Cripto","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thedailycripto.com\/ja\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/","og_locale":"ja_JP","og_type":"article","og_title":"\"Unlocking Liquidity: The Rise of Liquid Staking in Decentralized Finance\" - The Daily Cripto","og_description":"In recent months, the decentralized finance (DeFi) space has witnessed an explosive surge in growth, with an array of new protocols and platforms emerging at an astonishing pace. This rapid evolution has attracted many investors and developers to explore the opportunities within this dynamic sector. Among the most significant developments in the DeFi landscape is the rise of liquid staking protocols. Liquid staking offers users the ability to stake their cryptocurrencies while retaining the capability to use and trade their assets simultaneously. This dual feature represents a crucial evolution in the DeFi ecosystem as it directly addresses some inherent limitations associated with traditional staking practices. Traditionally, when users choose to [&hellip;]","og_url":"https:\/\/thedailycripto.com\/ja\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/","og_site_name":"The Daily Cripto","article_published_time":"2025-03-05T23:57:00+00:00","og_image":[{"width":525,"height":350,"url":"https:\/\/thedailycripto.com\/wp-content\/uploads\/sites\/248\/2025\/03\/Cryptoeconomics-typed-on-paper-using-vintage-typewriter-on-wooden-background-2.jpg","type":"image\/jpeg"}],"author":"Bruno Gianni","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bruno Gianni","Est. reading time":"7\u5206"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/","url":"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/","name":"\"Unlocking Liquidity: The Rise of Liquid Staking in Decentralized Finance\" - The Daily Cripto","isPartOf":{"@id":"https:\/\/thedailycripto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#primaryimage"},"image":{"@id":"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#primaryimage"},"thumbnailUrl":"https:\/\/thedailycripto.com\/wp-content\/uploads\/sites\/248\/2025\/03\/Cryptoeconomics-typed-on-paper-using-vintage-typewriter-on-wooden-background-2.jpg","datePublished":"2025-03-05T23:57:00+00:00","dateModified":"2025-03-05T23:57:00+00:00","author":{"@id":"https:\/\/thedailycripto.com\/#\/schema\/person\/d52888235fd6563bd07d97185d6a61e4"},"breadcrumb":{"@id":"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#breadcrumb"},"inLanguage":"ja","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/"]}]},{"@type":"ImageObject","inLanguage":"ja","@id":"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#primaryimage","url":"https:\/\/thedailycripto.com\/wp-content\/uploads\/sites\/248\/2025\/03\/Cryptoeconomics-typed-on-paper-using-vintage-typewriter-on-wooden-background-2.jpg","contentUrl":"https:\/\/thedailycripto.com\/wp-content\/uploads\/sites\/248\/2025\/03\/Cryptoeconomics-typed-on-paper-using-vintage-typewriter-on-wooden-background-2.jpg","width":525,"height":350,"caption":"Cryptoeconomics typed on paper using vintage typewriter on wooden background."},{"@type":"BreadcrumbList","@id":"https:\/\/thedailycripto.com\/es\/unlocking-liquidity-the-rise-of-liquid-staking-in-decentralized-finance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thedailycripto.com\/"},{"@type":"ListItem","position":2,"name":"&#8220;Unlocking Liquidity: The Rise of Liquid Staking in Decentralized Finance&#8221;"}]},{"@type":"WebSite","@id":"https:\/\/thedailycripto.com\/#website","url":"https:\/\/thedailycripto.com\/","name":"The Daily Cripto","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thedailycripto.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"ja"},{"@type":"Person","@id":"https:\/\/thedailycripto.com\/#\/schema\/person\/d52888235fd6563bd07d97185d6a61e4","name":"Bruno Gianni","image":{"@type":"ImageObject","inLanguage":"ja","@id":"https:\/\/thedailycripto.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0f5d42d7bf77874643c1478932860e3f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0f5d42d7bf77874643c1478932860e3f?s=96&d=mm&r=g","caption":"Bruno Gianni"},"description":"Bruno writes the way he lives, with curiosity, care, and respect for people. He likes to observe, listen, and try to understand what is happening on the other side before putting any words on the page.For him, writing is not about impressing, but about getting closer. It is about turning thoughts into something simple, clear, and real. Every text is an ongoing conversation, created with care and honesty, with the sincere intention of touching someone, somewhere along the way.","url":"https:\/\/thedailycripto.com\/ja\/author\/bcgianni\/"}]}},"_links":{"self":[{"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/posts\/107"}],"collection":[{"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/comments?post=107"}],"version-history":[{"count":0,"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/posts\/107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/media\/106"}],"wp:attachment":[{"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/media?parent=107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/categories?post=107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedailycripto.com\/ja\/wp-json\/wp\/v2\/tags?post=107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}