Bitcoin and Ethereum are frequently promoted as decentralized, but developers and
academics question their actual decentralization. This motivates further experiments with …

Ethereum's public distributed ledger can issue tokenised voting rights that are tradable on
crypto-asset exchanges by potentially anyone. Ethereum thus enables global …

Blockchain introduces decentralized trust in peer-to-peer networks, advancing security and
democratizing systems. Yet, a unified definition for decentralization remains elusive. Our …

Decentralised finance (DeFi) is a category of unlicensed, unregulated, and non-custodial
financial services that utilise public, distributed ledgers like Ethereum. The Bloomberg …

We empirically study the state of three prominent DAO governance systems on the Ethereum
blockchain: Compound, Uniswap and ENS. In particular, we examine how the voting power …

Governance is a critical component in cryptocurrency systems for their sustainable
development and evolution. In particular, on-chain governance has attracted a lot of …

This paper focuses on the centralized governance mechanisms of decentralized finance
(DeFi) projects managed by Distributed Autonomous Organizations (DAOs) and discusses …

Abstract Decentralized Autonomous Organization (DAO) is very popular in Decentralized
Finance (DeFi) applications as it provides a decentralized governance solution through …

Bitcoin and other cryptocurrencies built on blockchains have increasingly attracted investors
in recent years. Motivated by the opportunities of this technology, blockchain-based …

To non-experts, the traditional Centralized Finance (CeFi) ecosystem may seem obscure,
because users are typically not aware of the underlying rules or agreements of financial …