Watch / Building Synthetic Derivatives on Ethereum

Building Synthetic Derivatives on Ethereum

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Building Synthetic Derivatives on Ethereum

Duration: 01:35:25

Speaker: Regina Cai, Hart Lambur, Allison Lu

Type: Breakout

Expertise: Intermediate

Event: Devcon 5

Date: Oct 2019

This workshop will teach participants how to build best-in-class financial contracts on Ethereum that can support a wide array of DeFi use cases. Using concepts borrowed from fiat financial derivatives, participants will learn—with real, interactive examples—how to design and create their own decentralized financial contracts that are self-enforcing, permissionless and universally accessible. Participants will learn common design patterns for a wide range of financial products, including contracts for synthetic asset tokenization, decentralized margin trading, and interest rate swaps. We will also discuss how to implement these design patterns using the Optimistic Financial Contract framework, a new approach to financial contract design that allows for fast, secure, and scalable DeFi contracts. With examples and real-life code, participants will learn how to design new, scalable DeFi products, including a simplified design for a decentralized derivatives exchange (aka a decentralized BitMEX).
About the speakers


Hart Lambur

Hart is the Co-Founder of Risk Labs, the foundation supporting the UMA and Across protocols. UMA is an optimistic oracle (OO) that can provide and verify arbitrary data on-chain. Across is a cross-chain bridge that is secured by UMA's optimistic oracle. Hart studied computer science before working as an interest rate trader at Goldman Sachs through the financial crisis. In 2013. He now leads a team of researchers at Risk Labs.

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