Conference on Decentralized Finance (DeFi)
Rethinc. Labs Faculty Director and UNC Kenan-Flagler Business School Professor of Finance, Eric Ghysels and Cam Harvey, Professor of Finance at Duke’s Fuqua School of Business co-hosted the first academic conference on Decentralized Finance (DeFi). The call for papers included research related to DeFi, defined as decentralized exchange (DEX) and various protocols (e.g., lending, derivatives, prediction, tokenization, decentralized stablecoins, insurance, community, identity, bundling and oracles).
The agenda included presentations on six papers that were selected for the conference. The day ended with a panel discussion featuring Professor Eric Ghysels, Professor Cam Harvey and Zoe Cruz, CEO of Menai Financial Group. The three discussed the application of the research and theories presented throughout the day. Much of the discussion was centered around the need for a regulatory framework for the industry.
The conference was recorded and the full program is available below.
Decentralization through Tokenization
Michael Sockin (UT Austin) and Wei Xiong (Princeton)
Blockchain Analysis of the Bitcoin Market
Igor Makarov (LSE) and Antoinette Schoar (MIT)
Decentralized Exchanges
Alfred Lehar (U Alberta) and Christine Parlour (UC Berkeley)
The Conceptual Flaws of Constant Product Automated Market Making
Andreas Park (U Toronto)
An Economic Model of Consensus on Distributed Ledgers
Hanna Halaburda (NYU), Zhiguo He (U Chicago) and Jiasun Li (George Mason U)
Staking, Token Pricing, and Crypto Carry
Will Cong (Cornell), Zhiheng He (Tsinghua U) and Ke Tang (Tsinghua U)
DeFi: Theory and Practice – A conversation
Campbell Harvey (Duke) and Zoe Cruz (CEO of Menai Financial Group)