Transaction fees compensate actors for resources expended on transactions and can only
be charged from transactions included in blocks. But, the expressiveness of Turing-complete …

We present and analyze an attack on Ethereum 1's consensus mechanism, which allows
miners to obtain higher mining rewards compared to their honest peers. This attack is novel …

Airdrops are used by blockchain applications and platforms to attract an initial user base,
and to grow the user base over time. In the case of many airdrops, tokens are distributed to …

Decentralized finance (DeFi) borrowing and lending platforms are crucial to the
decentralized economy, involving two main participants: lenders who provide assets for …

Blockchain platforms attempt to expand their user base by awarding tokens to users, a
practice known as issuing airdrops. Empirical data and related work implies that previous …

We study financial contagion in Compound V2, a decentralized lending protocol deployed
on the Ethereum blockchain. We explain how to construct the balance sheets of …

Decentralized Finance (DeFi) has revolutionized lending by replacing intermediaries with
algorithm-driven liquidity pools. However, existing platforms like Aave and Compound rely …

In recent years, we have seen the growth of decentralized finance (DeFi), an ecosystem of
financial applications and protocols that enable complex, automated, permissionless …

Layer-2 (L2) blockchains offer security guarantees for Ethereum while reducing transaction
(gas) fees, and consequentially are gaining popularity among traders at Automated Market …

Cryptocurrencies are becoming increasingly important for the modern economy. Prior
literature focuses on aligning actor incentives to ensure the secure and efficient operation of …