6 papers
Kladia Liquidity Deflator (KLD): A Debt-Indexed Deflationary Token on XRPL
Kiarash Firouzi, Parham Pajouhi
Kladia Liquidity Deflator (KLD) is an XRPL-based, debt-indexed token whose supply dynamics respond directly to a debt index derived from macroeconomic data sources. The model links…
A Tokenized Sovereign Debt Conversion Mechanism for Dynamic Public Debt Reduction
Kiarash Firouzi
In this paper, we present the Tokenized Sovereign Debt Conversion Mechanism (TSDCM), a smart-contracted instrument that, upon meeting both debt-to-GDP and GDP-growth thresholds, au…
Stochastic Dynamics of Ripple XRP for Cross-Border Settlement Optimization
Kiarash Firouzi
The feasibility of XRP as a liquidity medium in cross-border transactions is assessed in this paper using a thorough stochastic framework. We use simulations of settlement latency,…
Quantifying Crypto Portfolio Risk: A Simulation-Based Framework Integrating Volatility, Hedging, Contagion, and Monte Carlo Modeling
Kiarash Firouzi
Extreme volatility, nonlinear dependencies, and systemic fragility are characteristics of cryptocurrency markets. The assumptions of normality and centralized control in traditiona…
Log-Ergodic Dynamics in Stochastic Monetary Velocity: Theoretical Insights and Economic Implications
Kiarash Firouzi, Mohammad Jelodari Mamaghani
We suggest employing log-ergodic processes to simulate the velocity of money in an ergodic manner. Our approach sheds light on economic behavior, policy implications, and financial…
Some Applications of Log-Ergodic Processes: Ergodic Trading Model and Call Option Pricing Using the Irrational Rotation
Kiarash Firouzi, Mohammad Jelodari Mamaghani
Due to the increasing popularity of futures trading among financial market participants, the risk management of these instruments is crucial. In this paper, we introduce a model fo…