devcon 7 / exploring auction mechanisms in protocol design
Duration: 00:00:00
Speaker: Terence
Type: Lightning Talk
Expertise: Beginner
Event: Devcon
Date: Nov 2024
Inclusion List Inevitable Tradeoffs
Inclusion lists have been a popular topic over the years, with various versions emerging, such as EIP-7547 and FOCIL. All these inclusion lists are constrained by a common trade-off: the Ethereum slot time. This talk explores the details of this trade-off and examines whether there is a "best" solution given these constraints.
Start contributing to economic protocol development
Protocol development needs more economists, yet many potential contributors do not know which problems are important to Ethereum protocol development. This talk bridges the gap for those interested in blockchain research who want to work on impactful problems. The talk will overview different economic research areas at the protocol level. Examples include an economic perspective on consensus systems, transaction fee mechanism design, and economic sides of current EIPs.
Nano-payments on Ethereum
Piotr Janiu of Golem (http://golemproject.net/) presents on Nano-payments on the Ethereum blockchain
A Modest Proposal for Ethereum 2.0
Vitalik Buterin gives his talk titled, "A Modest Proposal for Ethereum 2.0"
One Block, One Batch: Examining the Potential of Frequent Batch Auctions in Ethereum
This talk will focus on the future of (de)centralized trading, and examine how frequent batch auctions can revolutionize existing market economics by bringing fairness and protection to Ethereum’s various stakeholders. We will review why Ethereum would benefit from a global batch settlement layer, touching on MEV and unfair pricing of CFMMs.
Demand-based recurring fees in practice
ALL 4 letter .COMs have been taken since 2013. Yet most only have a few natural buyers; hence, speculation doesn't make that market more efficient. Yet, in crypto-economics, we can already transcend private property to deter the monopolization of digital assets like domains. This talk explores solutions from Weyl, Posner, and Henry George. We'll show how pricing and allocative efficiency can be improved through Georgist land value tax for assets like real estate, domain names, or ad space.
Bootstrapping a block builder
The sessions aims to be a practical overview of how to go from zero to having a running and reasonably competitive builder (profits may vary). It aims to answer the following questions: - What software to run? How can this be customized? - What would need to go into writing a builder from the ground up? - How does one acquire orderflow? What is the relative value of various sources of orderflow? - What infrastructure is required? How much does it cost?
Deep Dive the LP Pricing
Accurate and robust oracle pricing is the backbone of DeFi. However, LP token prices can easily be manipulated if not calculated correctly. In this talk, I will focus on how to calculate a "fair price" for LP tokens, ensuring security and accuracy. This includes LP token pricing for various protocols such as Uniswap V2, Uniswap V3, Trader Joe v2, Curve – sharing insights and implementations from my experience developing Alpha Homora, Stella, INIT Capital and INFINIT.
Superliquid Mechanisms for Decentralized Stablecoins
USDC and USDT outpace decentralized stablecoins in large part due to their liquidity. This talk covers the theory, data, and risks of stablecoin liquidity innovations. This will include mint/redemption mechanism design, liquidity pool design, rehypothecation, and protocol-owned liquidity. The analysis will distill how the flexibility of decentralized stablecoin issuance mechanisms can safely be used to their advantage over centralized stablecoins, which Gyroscope v2 is putting into practice.
A Conservative Approach to a Radical Roadmap
The current Ethereum 2.0 roadmap is doing a lot of great work on many fronts such as research on VDFs, data availability proofs, and multi-execution environments. However, as an active observer of the Ethereum 2.0 roadmap development over the past 2 years, I am concerned with some of the choices in roadmap strategy, particularly its approach to radically transforming a network with over $30B of value and hundreds of applications depending on it. In this talk, I will present an alternative, more conservative view of how to approach the Ethereum 2.0 roadmap. Some of the topics covered will include: - Radical vs Conservative technological upgrade paths. - We should use Ethereum 1.x as the beacon chain instead of launching a new beacon chain. - Proof of Stake is highly experimental. We should test Proof of Stake on shards before using it on the beacon chain. - Why requiring a 1-way peg burn of ETH to stake is scary. - Learnings from 3 months of Proof of Stake on Cosmos - Why we NEED delegation *in-protocol* - Why sharding doesn't solve social scalability.