Decentralized finance—A systematic literature review and research directions
E Meyer, IM Welpe, PG Sandner - 2022 - papers.ssrn.com
Abstract Decentralized Finance (DeFi) is the (r) evolutionary movement to create a solely
code-based, intermediary-independent financial system—a movement which has grown …
code-based, intermediary-independent financial system—a movement which has grown …
CeFi vs. DeFi--Comparing Centralized to Decentralized Finance
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 …
because users are typically not aware of the underlying rules or agreements of financial …
Central banks digital currency: Detection of optimal countries for the implementation of a CBDC and the implication for payment industry open innovation
SL Náñez Alonso, J Jorge-Vazquez… - Journal of Open …, 2021 - mdpi.com
This article analyzes the current situation of Central Bank Digital Currencies (CBDCs), which
are digital currencies backed by a central bank. It introduces their current status, and how …
are digital currencies backed by a central bank. It introduces their current status, and how …
The technology of decentralized finance (DeFi)
Abstract Decentralized Finance (DeFi) is a new financial paradigm that leverages distributed
ledger technologies to offer services such as lending, investing, or exchanging cryptoassets …
ledger technologies to offer services such as lending, investing, or exchanging cryptoassets …
On the just-in-time discovery of profit-generating transactions in defi protocols
Decentralized Finance (DeFi) is a blockchain-asset-enabled finance ecosystem with millions
of daily USD transaction volume, billions of locked up USD, as well as a plethora of newly …
of daily USD transaction volume, billions of locked up USD, as well as a plethora of newly …
An empirical study of defi liquidations: Incentives, risks, and instabilities
Financial speculators often seek to increase their potential gains with leverage. Debt is a
popular form of leverage, and with over 39.88 B USD of total value locked (TVL), the …
popular form of leverage, and with over 39.88 B USD of total value locked (TVL), the …
The blockchain imitation game
The use of blockchains for automated and adversarial trading has become commonplace.
However, due to the transparent nature of blockchains, an adversary is able to observe any …
However, due to the transparent nature of blockchains, an adversary is able to observe any …
SoK: lending pools in decentralized finance
Lending pools are decentralized applications which allow mutually untrusted users to lend
and borrow crypto-assets. These applications feature complex, highly parametric incentive …
and borrow crypto-assets. These applications feature complex, highly parametric incentive …
Sok: Yield aggregators in defi
S Cousaert, J Xu, T Matsui - 2022 IEEE International …, 2022 - ieeexplore.ieee.org
Yield farming has been an immensely popular activity for cryptocurrency holders since the
explosion of Decentralized Finance (DeFi) in the summer of 2020. In this Systematization of …
explosion of Decentralized Finance (DeFi) in the summer of 2020. In this Systematization of …
Stablecoins 2.0: Economic foundations and risk-based models
Stablecoins are one of the most widely capitalized type of cryptocurrency. However, their
risks vary significantly according to their design and are often poorly understood. We seek to …
risks vary significantly according to their design and are often poorly understood. We seek to …