Towards a Theory of Decentralized Finance

نویسندگان

چکیده

Decentralized Finance (DeFi) has brought about decentralized applications which allow untrusted users to lend, borrow and exchange crypto-assets. Many of such fulfill the role markets or market makers, featuring complex, highly parametric incentive mechanisms equilibrate interest rates prices. This complexity makes behaviour DeFi difficult understand: indeed, ill-designed could potentially lead emergent unwanted behaviours. We argue that theories, techniques tools rooted in formal methods can provide useful instruments better understand, specify analyze systems. summarize this paper our first steps towards a theory based on methods, we overview open challenges opportunities for DeFi.

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ژورنال

عنوان ژورنال: Lecture Notes in Computer Science

سال: 2021

ISSN: ['1611-3349', '0302-9743']

DOI: https://doi.org/10.1007/978-3-662-63958-0_20