"Compound" TAG

Does Farming Represent Progress in Token Distribution?
  • research
In late 2019, Smith + Crown published a report on issues of fairness related to token distribution mechanisms. A key takeaway identified in this research was the significant extent to which a project’s choice of token distribution mechanism reflected its priorities regarding incentivizing certain initial contributions and ongoing user behaviors. In the two years since,...
Measuring Ethereum DeFi Growth
  • research
Key Takeaways The Ethereum DeFi ecosystem has demonstrated strong growth, though highly concentrated in the lending and crypto-collateralized stablecoin sectors. While many cite Total Value Locked as evidence that all of DeFi is growing, a closer observation reveals that this metric is skewed by the importance of collateral and staking by design in the most...