4 papers
The Economic Security of Exponential EIP-1559
Ben Berger, Edward W. Felten, Robin Fritsch
We consider the problem of parameter selection for EIP-1559, a widely used gas pricing mechanism for blockchains. As opposed to previous work, we aim to achieve economic security,…
MEV Capture Through Time-Advantaged Arbitrage
Robin Fritsch, Maria Inês Silva, Akaki Mamageishvili +2
As blockchains begin processing significant economic activity, the ability to include and order transactions inevitably becomes highly valuable, a concept known as Maximal Extracta…
Measuring Arbitrage Losses and Profitability of AMM Liquidity
Robin Fritsch, Andrea Canidio
This paper presents the results of a comprehensive empirical study of losses to arbitrageurs (following the formalization of loss-versus-rebalancing by [Milionis et al., 2022]) inc…
Liquid Staking Tokens in Automated Market Makers
Krzysztof Gogol, Robin Fritsch, Malte Schlosser +3
This paper studies liquid staking tokens (LSTs) on automated market makers (AMMs), both theoretically and empirically. LSTs are tokenized representations of staked assets on proof-…