124 citations · 152 across the 13 of their papers we have counts for
13 papers
Voting Biases in Decentralized Autonomous Organization (DAO) Governance
Stefano Balietti, Pietro Saggese, Markus Strohmaier
Decentralized Autonomous Organizations (DAOs) use token-weighted voting to allocate resources, set protocol rules, and legitimate collective decisions. Yet, support in DAO voting i…
Stablecoins under Stress in a National Economy: Transaction-Level Evidence from Austrian Crypto-Asset Service Providers
Pietro Saggese, Michael Sigmund, Burkhard Raunig +3
Cryptoassets are increasingly entangled with the traditional financial system, and how this activity integrates into national economies and behaves under stress bears on financial…
A Unified Framework and Comparative Study of Decentralized Finance Derivatives Protocols
Luca Pennella, Pietro Saggese, Fabio Pinelli +1
Decentralized Finance (DeFi) applications introduce novel financial instruments replicating and extending traditional ones through blockchain-based smart contracts. Among these app…
Slaying the Dragon: The Quest for Democracy in Decentralized Autonomous Organizations (DAOs)
Stefano Balietti, Pietro Saggese, Stefan Kitzler +1
This chapter explores how Decentralized Autonomous Organizations (DAOs), a novel institutional form based on blockchain technology, challenge traditional centralized governance str…
Towards Verifiability of Total Value Locked (TVL) in Decentralized Finance
Pietro Saggese, Michael Fröwis, Stefan Kitzler +2
Total Value Locked (TVL) aims to measure the aggregate value of cryptoassets deposited in Decentralized Finance (DeFi) protocols. Although blockchain data is public, the way TVL is…
Investigating Similarities Across Decentralized Financial (DeFi) Services
Junliang Luo, Stefan Kitzler, Pietro Saggese
We explore the adoption of graph representation learning (GRL) algorithms to investigate similarities across services offered by Decentralized Finance (DeFi) protocols. Following e…
Detecting Financial Bots on the Ethereum Blockchain
Thomas Niedermayer, Pietro Saggese, Bernhard Haslhofer
The integration of bots in Distributed Ledger Technologies (DLTs) fosters efficiency and automation. However, their use is also associated with predatory trading and market manipul…
The Governance of Decentralized Autonomous Organizations: A Study of Contributors' Influence, Networks, and Shifts in Voting Power
Stefan Kitzler, Stefano Balietti, Pietro Saggese +2
We present a study analyzing the voting behavior of contributors, or vested users, in Decentralized Autonomous Organizations (DAOs). We evaluate their involvement in decision-makin…
Assessing the Solvency of Virtual Asset Service Providers: Are Current Standards Sufficient?
Pietro Saggese, Esther Segalla, Michael Sigmund +3
Entities like centralized cryptocurrency exchanges fall under the business category of virtual asset service providers (VASPs). As any other enterprise, they can become insolvent.…
Disentangling Decentralized Finance (DeFi) Compositions
Stefan Kitzler, Friedhelm Victor, Pietro Saggese +1
We present a measurement study on compositions of Decentralized Finance protocols, which aim to disrupt traditional finance and offer services on top of distributed ledgers, such a…
Who are the arbitrageurs? Empirical evidence from Bitcoin traders in the Mt. Gox exchange platform
Pietro Saggese, Alessandro Belmonte, Nicola Dimitri +2
We mine the leaked history of trades on Mt. Gox, the dominant Bitcoin exchange from 2011 to early 2014, to detect the triangular arbitrage activity conducted within the platform. T…
Impact of Local Energy Markets on the Distribution Systems: A Comprehensive Review
Viktorija Dudjak, Diana Neves, Tarek Alskaif +14
In recent years extensive research has been conducted on the development of different models that enable energy trading between prosumers and consumers due to expected high integra…
Network-based indicators of Bitcoin bubbles
Alexandre Bovet, Carlo Campajola, Jorge F. Lazo +7
The functioning of the cryptocurrency Bitcoin relies on the open availability of the entire history of its transactions. This makes it a particularly interesting socio-economic sys…