Built on

Chitra, T.: Competitive equilibria between staking and on-chain lending. arXiv preprint arXiv:2001.00919 (2019), https://arxiv.org/pdf/2001.00919
Original
2001
Earlier work this paper cites.
Angeris, G., Chitra, T.: Improved price oracles: Constant function market makers. arXiv preprint arXiv:2003.10001 (2020), https://arxiv.org/pdf/2003.10001
Original
2003
Earlier work this paper cites.
Qin, K., Zhou, L., Livshits, B., Gervais: Attacking the DeFi Ecosystem with Flash Loans for Fun and Profit. In: Financial Cryptography (2021), (to appear) https://arxiv.org/pdf/2003.03810
Original
2003
Earlier work this paper cites.
Arusoaie, A.: Certifying Findel derivatives for blockchain. CoRR abs/2005.13602
Original
2005
Earlier work this paper cites.
Chitra, T., Evans, A.: Why stake when you can borrow? Available at SSRN 3629988 (2020), https://arxiv.org/pdf/2006.11156
Original
2006
Earlier work this paper cites.
Bartoletti, M., Bracciali, A., Lepore, C., Scalas, A., Zunino, R.: A formal model of Algorand smart contracts. In: Financial Cryptography (2021), (to appear) https://arxiv.org/abs/2009.12140
Original
2009
Earlier work this paper cites.
Darlin, M., Papadis, N., Tassiulas, L.: Optimal Bidding Strategy for Maker Auctions. arXiv preprint arXiv:2009.07086 (2020), https://arxiv.org/pdf/2009.07086
Original
2009
Earlier work this paper cites.
Perez, D., Werner, S.M., Xu, J., Livshits, B.: Liquidations: Defi on a knife-edge. In: Financial Cryptography (2021), (to appear) https://arxiv.org/abs/2009.13235
Original
2009
Earlier work this paper cites.
Wang, Y.: Automated market makers for decentralized finance (defi). arXiv preprint arXiv:2009.01676 (2020), https://arxiv.org/pdf/2009.01676
Original
2009
Earlier work this paper cites.
Zhou, L., Qin, K., Torres, C.F., Le, D.V., Gervais, A.: High-Frequency Trading on Decentralized On-Chain Exchanges. arXiv preprint arXiv:2009.14021 (2020), https://arxiv.org/pdf/2009.14021
Original
2009
Earlier work this paper cites.
Wang, D., Wu, S., Lin, Z., Wu, L., Yuan, X., Zhou, Y., Wang, H., Ren, K.: Towards understanding flash loan and its applications in defi ecosystem. arXiv preprint arXiv:2010.12252 (2020), https://arxiv.org/pdf/2010.12252
Original
2010
Earlier work this paper cites.
Buterin, V.: Ethereum: a next generation smart contract and decentralized application platform. https://github.com/ethereum/wiki/wiki/White-Paper (2013)
2013
Earlier work this paper cites.
ERC-20 token standard (2015), https://github.com/ethereum/EIPs/blob/master/EIPS/eip-20.md
2015
Earlier work this paper cites.
Understanding the DAO attack (June 2016), http://www.coindesk.com/understanding-dao-hack-journalists/
2016
Earlier work this paper cites.
Parity Wallet security alert (July 2017), https://paritytech.io/blog/security-alert.html
2017
Earlier work this paper cites.
A Postmortem on the Parity Multi-Sig library self-destruct (November 2017), https://goo.gl/Kw3gXi
2017
Earlier work this paper cites.
Atzei, N., Bartoletti, M., Cimoli, T.: A survey of attacks on Ethereum smart contracts (SoK). In: Principles of Security and Trust (POST). LNCS, vol. 10204, pp. 164–186. Springer (2017). https://doi.org/10.1007/978-3-662-54455-6_8
2017
Earlier work this paper cites.
Biryukov, A., Khovratovich, D., Tikhomirov, S.: Findel: Secure derivative contracts for Ethereum. In: Financial Cryptography Workshops. LNCS, vol. 10323, pp. 453–467. Springer (2017). https://doi.org/10.1007/978-3-319-70278-0_28
2017
Earlier work this paper cites.
Egelund-Müller, B., Elsman, M., Henglein, F., Ross, O.: Automated execution of financial contracts on blockchains. Business & Information Systems Engineering 59
2017
Earlier work this paper cites.

Similar

Seijas, P.L., Thompson, S.J.: Marlowe: Financial contracts on blockchain. In: ISoLA. LNCS, vol. 11247, pp. 356–375. Springer (2018). https://doi.org/10.1007/978-3-030-03427-6_27
2018
Cited alongside, same era.
Angeris, G., Kao, H.T., Chiang, R., Noyes, C., Chitra, T.: An analysis of uniswap markets. Cryptoeconomic Systems Journal (2019), https://ssrn.com/abstract=3602203
2019
Cited alongside, same era.
Aave markets website (2020), https://app.aave.com/markets
2020
Cited alongside, same era.
Aave maximum liquidation amount (2020), https://github.com/aave/aave-protocol/blob/efaeed363da70c64b5272bd4b8f468063ca5c361/contracts/lendingpool/LendingPoolLiquidationManager.sol#L181
2020
Cited alongside, same era.
Aave v1 flashloan receiver interface (2020), https://github.com/aave/aave-protocol/blob/efaeed363da70c64b5272bd4b8f468063ca5c361/contracts/flashloan/interfaces/IFlashLoanReceiver.sol#L11

Then

Compound valuation of ctokens (2020), https://github.com/compound-finance/compound-protocol/blob/a5591d5f9a7f6f7ad3601ec89b126a8c2af159f6/contracts/ComptrollerG5.sol#L753
2020
Closest in time.
Compound website (2020), https://www.compound.finance
2020
Closest in time.
Curve statistics (2020), https://www.curve.fi/dailystats
2020
Closest in time.
Curve website (2020), https://www.curve.fi
2020
Closest in time.
dydx website (2020), https://dydx.exchange
2020
Closest in time.
Harvest Finance flashloan attack post-mortem (2020), https://medium.com/harvest-finance/harvest-flashloan-economic-attack-post-mortem-3cf900d65217
2020
Closest in time.

Beyond the bibliography

alphaXiv searches the wider corpus for related work and actual follow-ups.

Open on alphaXiv

alphaXiv is searching for related work…

Reading the bibliography…

2020

SoK: Lending Pools in Decentralized Finance

Bartoletti, Massimo, Chiang, James Hsin-yu, Lluch-Lafuente, Alberto

Understand

Lending pools are decentralized applications which allow mutually untrusted users to lend and borrow crypto-assets.

These applications feature complex, highly parametric incentive mechanisms to equilibrate the loan market.
This complexity makes the behaviour of lending pools difficult to understand and to predict: indeed, ineffective incentives and attacks could potentially lead to emergent unwanted behaviours.
Reasoning about lending pools is made even harder by the lack of executable models of their behaviour: to precisely understand how users interact with lending pools, eventually one has to inspect their implementations, where the incentive mechanisms are intertwined with low-level implementation details.

Built on

Chitra, T.: Competitive equilibria between staking and on-chain lending. arXiv preprint arXiv:2001.00919 (2019), https://arxiv.org/pdf/2001.00919
Original
2001
Earlier work this paper cites.
Angeris, G., Chitra, T.: Improved price oracles: Constant function market makers. arXiv preprint arXiv:2003.10001 (2020), https://arxiv.org/pdf/2003.10001
Original
2003
Earlier work this paper cites.
Qin, K., Zhou, L., Livshits, B., Gervais: Attacking the DeFi Ecosystem with Flash Loans for Fun and Profit. In: Financial Cryptography (2021), (to appear) https://arxiv.org/pdf/2003.03810
Original
2003
Earlier work this paper cites.
Arusoaie, A.: Certifying Findel derivatives for blockchain. CoRR abs/2005.13602
Original
2005
Earlier work this paper cites.
Chitra, T., Evans, A.: Why stake when you can borrow? Available at SSRN 3629988 (2020), https://arxiv.org/pdf/2006.11156
Original
2006
Earlier work this paper cites.
Bartoletti, M., Bracciali, A., Lepore, C., Scalas, A., Zunino, R.: A formal model of Algorand smart contracts. In: Financial Cryptography (2021), (to appear) https://arxiv.org/abs/2009.12140
Original
2009
Earlier work this paper cites.
Darlin, M., Papadis, N., Tassiulas, L.: Optimal Bidding Strategy for Maker Auctions. arXiv preprint arXiv:2009.07086 (2020), https://arxiv.org/pdf/2009.07086
Original
2009
Earlier work this paper cites.
Perez, D., Werner, S.M., Xu, J., Livshits, B.: Liquidations: Defi on a knife-edge. In: Financial Cryptography (2021), (to appear) https://arxiv.org/abs/2009.13235
Original
2009
Earlier work this paper cites.
Wang, Y.: Automated market makers for decentralized finance (defi). arXiv preprint arXiv:2009.01676 (2020), https://arxiv.org/pdf/2009.01676
Original
2009
Earlier work this paper cites.
Zhou, L., Qin, K., Torres, C.F., Le, D.V., Gervais, A.: High-Frequency Trading on Decentralized On-Chain Exchanges. arXiv preprint arXiv:2009.14021 (2020), https://arxiv.org/pdf/2009.14021
Original
2009
Earlier work this paper cites.
Wang, D., Wu, S., Lin, Z., Wu, L., Yuan, X., Zhou, Y., Wang, H., Ren, K.: Towards understanding flash loan and its applications in defi ecosystem. arXiv preprint arXiv:2010.12252 (2020), https://arxiv.org/pdf/2010.12252
Original
2010
Earlier work this paper cites.
Buterin, V.: Ethereum: a next generation smart contract and decentralized application platform. https://github.com/ethereum/wiki/wiki/White-Paper (2013)
2013
Earlier work this paper cites.
ERC-20 token standard (2015), https://github.com/ethereum/EIPs/blob/master/EIPS/eip-20.md
2015
Earlier work this paper cites.
Understanding the DAO attack (June 2016), http://www.coindesk.com/understanding-dao-hack-journalists/
2016
Earlier work this paper cites.
Parity Wallet security alert (July 2017), https://paritytech.io/blog/security-alert.html
2017
Earlier work this paper cites.
A Postmortem on the Parity Multi-Sig library self-destruct (November 2017), https://goo.gl/Kw3gXi
2017
Earlier work this paper cites.
Atzei, N., Bartoletti, M., Cimoli, T.: A survey of attacks on Ethereum smart contracts (SoK). In: Principles of Security and Trust (POST). LNCS, vol. 10204, pp. 164–186. Springer (2017). https://doi.org/10.1007/978-3-662-54455-6_8
2017
Earlier work this paper cites.
Biryukov, A., Khovratovich, D., Tikhomirov, S.: Findel: Secure derivative contracts for Ethereum. In: Financial Cryptography Workshops. LNCS, vol. 10323, pp. 453–467. Springer (2017). https://doi.org/10.1007/978-3-319-70278-0_28
2017
Earlier work this paper cites.
Egelund-Müller, B., Elsman, M., Henglein, F., Ross, O.: Automated execution of financial contracts on blockchains. Business & Information Systems Engineering 59
2017
Earlier work this paper cites.

Similar

Seijas, P.L., Thompson, S.J.: Marlowe: Financial contracts on blockchain. In: ISoLA. LNCS, vol. 11247, pp. 356–375. Springer (2018). https://doi.org/10.1007/978-3-030-03427-6_27
2018
Cited alongside, same era.
Angeris, G., Kao, H.T., Chiang, R., Noyes, C., Chitra, T.: An analysis of uniswap markets. Cryptoeconomic Systems Journal (2019), https://ssrn.com/abstract=3602203
2019
Cited alongside, same era.
Aave markets website (2020), https://app.aave.com/markets
2020
Cited alongside, same era.
Aave maximum liquidation amount (2020), https://github.com/aave/aave-protocol/blob/efaeed363da70c64b5272bd4b8f468063ca5c361/contracts/lendingpool/LendingPoolLiquidationManager.sol#L181
2020
Cited alongside, same era.
Aave v1 flashloan receiver interface (2020), https://github.com/aave/aave-protocol/blob/efaeed363da70c64b5272bd4b8f468063ca5c361/contracts/flashloan/interfaces/IFlashLoanReceiver.sol#L11

Then

Compound valuation of ctokens (2020), https://github.com/compound-finance/compound-protocol/blob/a5591d5f9a7f6f7ad3601ec89b126a8c2af159f6/contracts/ComptrollerG5.sol#L753
2020
Closest in time.
Compound website (2020), https://www.compound.finance
2020
Closest in time.
Curve statistics (2020), https://www.curve.fi/dailystats
2020
Closest in time.
Curve website (2020), https://www.curve.fi
2020
Closest in time.
dydx website (2020), https://dydx.exchange
2020
Closest in time.
Harvest Finance flashloan attack post-mortem (2020), https://medium.com/harvest-finance/harvest-flashloan-economic-attack-post-mortem-3cf900d65217
2020
Closest in time.

Beyond the bibliography

alphaXiv searches the wider corpus for related work and actual follow-ups.

Open on alphaXiv

alphaXiv is searching for related work…

2020

Cited alongside, same era.

Aave v1 implementation (2020), https://github.com/aave/aave-protocol/tree/efaeed363da70c64b5272bd4b8f468063ca5c361

2020

Cited alongside, same era.

Aave v1 simplified interest (2020), https://github.com/aave/aave-protocol/blob/efaeed363da70c64b5272bd4b8f468063ca5c361/contracts/libraries/CoreLibrary.sol#L423

2020

Cited alongside, same era.

Aave valuation of atokens (2020), https://github.com/aave/aave-protocol/blob/efaeed363da70c64b5272bd4b8f468063ca5c361/contracts/lendingpool/LendingPoolDataProvider.sol#L114

2020

Cited alongside, same era.

Aave website (2020), https://www.aave.com

2020

Cited alongside, same era.

Akropolis Defi attack (2020), https://cryptonews.com/news/defi-akropolis-drops-20-following-a-usd-2m-heavy-hack-8299.htm

2020

Cited alongside, same era.

bzx fulcrum website (2020), https://fulcrum.trade

2020

Cited alongside, same era.

Coindesk: Value DeFi attack (2020), https://www.coindesk.com/value-defi-suffers-6m-flash-loan-attack

2020

Cited alongside, same era.

Makerdao website (2020), https://https://makerdao.com

2020

Closest in time.

Origin Dollar attack (2020), https://cryptonews.com/news/4th-major-defi-hack-in-a-month-origin-dollar-loses-usd-7m-8331.htm

2020

Closest in time.

Uniswap oracle template (2020), https://github.com/Uniswap/uniswap-v2-periphery/blob/dda62473e2da448bc9cb8f4514dadda4aeede5f4/contracts/examples/ExampleOracleSimple.sol

2020

Closest in time.

Uniswap statistics (2020), https://info.uniswap.org

2020

Closest in time.

Uniswap website (2020), https://www.uniswap.org

2020

Closest in time.

Daian, P., Goldfeder, S., Kell, T., Li, Y., Zhao, X., Bentov, I., Breidenbach, L., Juels, A.: Flash boys 2.0: Frontrunning in decentralized exchanges, miner extractable value, and consensus instability. In: IEEE Symposium on Security and Privacy. pp. 910–927. IEEE (2020). https://doi.org/10.1109/SP40000.2020.00040

2020

Closest in time.

Eskandari, S., Moosavi, S., Clark, J.: SoK: Transparent Dishonesty: Front-Running Attacks on Blockchain. In: Financial Cryptography. pp. 170–189. Springer International Publishing, Cham (2020). https://doi.org/10.1007/978-3-030-43725-1_13

2020

Closest in time.

Gu, W.C., Raghuvanshi, A., Boneh, D.: Empirical measurements on pricing oracles and decentralized governance for stablecoins. Available at SSRN 3611231 (2020), http://dx.doi.org/10.2139/ssrn.3611231

2020

Closest in time.

Gudgeon, L., Pérez, D., Harz, D., Livshits, B., Gervais, A.: The decentralized financial crisis. In: Crypto Valley Conference on Blockchain Technology (CVCBT). pp. 1–15. IEEE (2020). https://doi.org/10.1109/CVCBT50464.2020.00005

2020

Closest in time.

Gudgeon, L., Werner, S., Perez, D., Knottenbelt, W.J.: Defi protocols for loanable funds: Interest rates, liquidity and market efficiency. In: ACM Conference on Advances in Financial Technologies. pp. 92–112 (2020). https://doi.org/10.1145/3419614.3423254

2020

Closest in time.

Kao, H.T., Chitra, T., Chiang, R., Morrow, J.: An Analysis of the Market Risk to Participants in the Compound Protocol https://scfab.github.io/2020/FAB2020_p5.pdf

2020

Closest in time.

Moin, A., Sekniqi, K., Sirer, E.G.: Sok: A classification framework for stablecoin designs. In: Financial Cryptography and Data Security. LNCS, vol. 12059, pp. 174–197. Springer (2020). https://doi.org/10.1007/978-3-030-51280-4_11

2020

Closest in time.