2 papers
q-fin.MF2025
Optimal Decisions for Liquid Staking: Allocation and Exit Timing
Ruofei Ma, Zhebiao Cai, Wenpin Tang +1
In this paper, we study an investor's optimal entry and exit decisions in a liquid staking protocol (LSP) and an automated market maker (AMM), primarily from the standpoint of the…
econ.TH2025
Analysis of the Order Flow Auction under Proposer-Builder Separation on Blockchain
Ruofei Ma, Wenpin Tang, David Yao
We study the impact of the order flow auction (OFA) in the context of the proposer-builder separation (PBS) mechanism in blockchains through a game-theoretic perspective. The OFA i…