As we have been reminded recently by the Compound DAO incident, governance attacks are a reality. What attack vectors are exploited most often, and which factors facilitate attacks? This is what we set to find out in our Systemization of Knowledge on Attacks on DAOs. (1/8)
New research with the amazing @robin_ethz (who did most of the work) "Measuring Arbitrage Losses and Profitability of AMM Liquidity". Tldr: for passive LPs, Uni v2 pools are more profitable than Uni v3 pools, and, no, LVR does not explode with block time. (1/n)
⚔ Research Paper: Attacks on DAOs ⚔
ETH Zurich has prepared an in-depth exploration of attacks on this research paper, including a case study of the attempt made on the @proofofhumanity DAO, which was successfully thwarted by Kleros. 🫡
Check this overview by @alex__eth 👇
⚔ Research Paper: Attacks on DAOs ⚔
ETH Zurich has prepared an in-depth exploration of attacks on this research paper, including a case study of the attempt made on the @proofofhumanity DAO, which was successfully thwarted by Kleros. 🫡
Check this overview by @alex__eth 👇
🌊 🌊 🌊
The dirty secret of AMMs is that many of their pools are leaking.
In fact, liquidity providers lose 5-7% of their profits to MEV every year, making *most liquidity pools* unprofitable.
That's why CoW DAO is building the first MEV-capturing AMM.
We call it CoW AMM.
🌟 Major Milestone Alert! 🚀 The launch of FM-AMM (also known internally as CoWAMM), is one step closer! This was a fantastic journey: from the fundamental research with the invaluable @robin_ethz, to figuring out how to bring it to reality. #CowSwap#MEV#AMM
New paper by CoW Research team @AndreaCanidio & @robin_ethz!
Arb profits(aka LVR) & 🥪 attacks are the scourge of DeFI, but not for long!
The paper discovers a new benefit of trading as a batch: designing an AMM with batch trading to eliminate both 👉 arxiv.org/abs/2307.02074
New paper alert! With @robin_ethz we just completed v1 of the paper ``Arbitrageurs' profits, LVR, and sandwich attacks: batch trading as an AMM design response” TL,DR: an #AMM in which trades are batched eliminates #arbprofits#lvr#sandwitchattacks. Bye-bye #MEV!
We analyzed 21 DAOs to gain an overview of the current on-chain governance, so you don't have to. Are DAOs really decentralized? How much do they cost, and how often do token holders participate? #DAO#governance
Need a conference to submit your paper? Confsearch lets you search matching conferences in various ways (keywords, similar conference, authors, etc.), covering pretty much all computer science conferences. Give it a try!
confsearch.ethz.ch/?query=AAAI+AA…
Thanks, @AlexThillen.
SCRF #ResearchPulse Issue 70 is now live. Dig into a curated weekly list of notable #web3research.
This week's topics include:
📌 Money for Protocol
📌 Flashbot Shockers
📌 Monero Goes Bi-Directional
Of special interest…
smartcontractresearch.org/t/1659
Did you know that a voting outcome consisting of all majority opinions may not be supported by a majority of voters? We study how bad this effect can get (and what it means for democracy) in our recent paper at AAMAS 2022. arxiv.org/abs/2201.12303@robin_ethz
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