Blurb on Derivatives
By IV
Risk and Knightian Uncertainty
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Blurb on Liquidity
By IVThis post attempts to organize a basic understanding of liquidity, oriented at DeFi. We’ll define liquidity and its key metrics, and analyze it for constant-product AMMs. Then we’ll touch on impermanent loss and end with a brief overview of concentrated liquidity. [Read More] -
Integrity Matters
By IVDistributed ledgers face three integrity problems: Network integrity Social integrity Computational integrity [Read More]