"Decentralized Finance" 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,...
2019 Review: DeFi
  • research
Key Takeaways The growth of the Ethereum DeFi space was a key blockchain industry trend in 2019, with applications include stablecoins, lending, decentralized exchange, and synthetic asset issuance. Despite growth in Total Value Locked and number of users, DeFi-related tokens, including ETH, saw mixed returns. A variety of key challenges animate the ongoing development of...