19820
Julian
@julianma #19820
Research at Robust Incentives Group, EF
161 Follower 109 Following
Wrote a short post on using Harberger Lease, an idea from @aja @ciamac @sarareynolds.eth and @danrobinson, for Execution Tickets/Auctions. It is an interesting way to prevent hold-out problems and increase allocative efficiency at an, in my opinion, slightly increased risk of more multi-block MEV. https://mirror.xyz/0x03c29504CEcCa30B93FF5774183a1358D41fbeB1/TO_fODV1R1QampX9FVGOYP6m9WZAKckFsZjaj1dizTI
New post exploring the impact of issuance on Ethereum staking! A decentralized distribution of stake is important. Our analysis shows that stake distribution remains unaffected by the level of issuance.
This paper shows the cost of permissionless liquidity provision in AMMs, check the full thread here 😀
Excited to release a new paper with @davidecrapis! We present a game theoretic model of simultaneous liquidity provision by passive LPs. We show that competition between liquidity providers causes a loss in total LP welfare that grows linearly with the number of passive LPs.