Corpus ID: 236635378

Decentralized Basic Income: Creating Wealth with On-Chain Staking and Fixed-Rate Protocols

  title={Decentralized Basic Income: Creating Wealth with On-Chain Staking and Fixed-Rate Protocols},
  author={Hakwan C. Lau and Stephen Tse},
In this review, we evaluate the mechanisms behind the decentralized finance protocols for generating stable, passive income. Currently, some savings interest rates can be as high as 20% annually, payable in traditional currency values such as US dollars. Therefore, one can benefit from the growth of the cryptocurrency markets, with minimal exposure to their volatility risks. We aim to explain the rationale behind these savings products in simple terms. The key here is that asset deposits in… Expand


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Why Stake When You Can Borrow?
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Uniswap is a decentralized exchange (DEX) and was first launched on November 2, 2018 on the Ethereum mainnet [1] and is part of an Ecosystem of products in Decentralized Finance (DeFi). It replaces aExpand
SoK: Lending Pools in Decentralized Finance
This work systematize the existing knowledge about lending pools, leveraging a new formal model of interactions with users, which reflects the archetypal features of mainstream implementations, which enables it to prove some general properties of lendingpools, such as the correct handling of funds, and to precisely describe vulnerabilities and attacks. Expand
Decentralized Finance (DeFi)
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This work establishes a general AMM framework describing the economics and formalizing the system’s state-space representation, and systematically compare the top AMM protocols’ mechanics, deriving their slippage and divergence loss functions. Expand
A Next-Generation Smart Contract and Decentralized Application Platform
When Satoshi Nakamoto first set the Bitcoin blockchain into motion in January 2009, he was simultaneously introducing two radical and untested concepts. The first is the "bitcoin", a decentralized Expand
Seigniorage and Inflation: The Case of Argentina
This paper studies the relation between seigniorage and inflation in Argentina for the period 1979-1989. We estimate a money demand function and derive the Laffer curve for several sub-periods withExpand
Money, Fiscal Policy, and Interest Rates: A Critique of Modern Monetary Theory
Abstract This paper examines modern monetary theory (MMT). MMT is a restatement of established Keynesian monetary macroeconomics and so there is nothing new warranting a separate nomenclature. MMTExpand
Evaluation of Performance and Security of Proof of Work and Proof of Stake using Blockchain
  • P. Nair, D. Dorai
  • 2021 Third International Conference on Intelligent Communication Technologies and Virtual Mobile Networks (ICICV)
  • 2021
Storing information in Blockchain has become in vogue in the Technical and Communication Industry with many major players jumping into the bandwagon. Two of the most prominent enablers for BlockchainExpand