3 papers
econ.GN2025
Towards a Formal Framework of the Ethereum Staking Market
Juan Beccuti, Thunj Chantramonklasri, Matthias Hafner +1
This paper examines how various categories of Ethereum stakers respond to changes in the consensus issuance schedule, and the potential impact of such changes on the composition of…
econ.GN2024
Towards an Optimal Staking Design: Balancing Security, User Growth, and Token Appreciation
Nicolas Oderbolz, Beatrix Marosvölgyi, Matthias Hafner
This paper examines the economic and security implications of Proof-of-Stake (POS) designs, providing a survey of POS design choices and their underlying economic principles in pro…
econ.GN2024
Impermanent Loss Conditions: An Analysis of Decentralized Exchange Platforms
Matthias Hafner, Helmut Dietl
Decentralized exchanges are widely used platforms for trading crypto assets. The most common types work with automated market makers (AMM), allowing traders to exchange assets with…