4 papers · 1 filter
A contribution to the critique of blockchain censorship
Ruichao Jiang, Michelle Yeo, Long Wen
We study the blockchain censorship attack introduced in [21], which shows that joining the attack is a dominant strategy. We show that, by introducing certain detectability thresho…
Target Weight Mechanism doesn't make delta hedge easier
Ruichao Jiang, Long Wen
Chitra et al. (2025) claim that Target Weight Mechanism (TWM) in Perpetual Demand Lending Pools (PDLPs) can lower the delta of the portfolio under certain condition. We prove that…
Concave Continuation: Linking Routing to Arbitrage
Ruichao Jiang, Long Wen
We extend AMM trade functions to negative inputs via the \textit{concave continuation}, derived from the invariance of the local conservation law under allocation direction flips.…
On the Convergence Rate of the One-Hop Transfer Algorithm
Ruichao Jiang, Long Wen
The transfer algorithm~\cite{jiang} solves the on-chain one-hop swap routing problem. In \cite{jiang}, the convergence is proved but the convergence rate is left open. We prove tha…