논문KCI 등재
분산금융
Decentralized Finance(DeFi)
0
조회
0
다운로드
7
인용
0
참고문헌
키워드
초록
비트코인의 탄생 이래로 블록체인과 관련 산업이 폭발적인 성장을 거듭하고 있다. DeFi(decentralized finance)는분산금융을 지칭하는 서비스이자 프로토콜로서 현재 가장 뜨거운 주목을 받고 있는 새로운 금융기술이자사업이다. 이 논문에서는 DeFi에 대해서 정의부터 시작해서 DeFi를 구성하는 기간구조, DeFi의 핵심적인기능 및 금융서비스, 그리고 전통 금융시장에 내재된 문제를 DeFi가 어떤 식으로 해결하는지 알아본다.
Abstract
A new financial service, DeFi (decentralized finance) emerges explosively since the birth of the first cryptocurrency(or cryptoasset) bitcoin and the supporting ecosystem Bitcoin blockchain network. It is a service as well as a protocol with smart contract without central trusted party. We study the fundamentals of DeFi: the definition, the infrastructure, and the primitives of DeFi. Also we investigate how DeFi solves innate problems in traditional centralized financial system.
참고문헌 (38)
- Angeris, G., "Improved price oracles: Constant function market makers", Proceedings of the 2nd ACM Conference on Advances in Financial Technologies (2020)
- Angeris, G., "When does the tail wag the dog? Curvature and market making", ~ (2020)
- Angeris, G., "Replicating market makers", ~ (2021)
- Angeris, G., "An analysis of uniswap markets", Cryptoeconomic Systems Journal (2019)
- Bartoletti, M., "Sok : Lending pools in decentralized finance", ~ (2020)
- "Bitmex perpetual contracts guide" (2020)[URL]
- "yEARN, 2020" (2020)[URL]
- "What is defi?" (2019)[URL]
- "The decentralized finance leaderboard at defi pulse" (2020)[URL]
- "A game-theoretic analysis of cross-ledger swaps with packetized payments" (2021)[URL]
- "dydx" (2019)[URL]
- "Stableswap - efficient mechanism for stablecoin liquidity" (2019)[URL]
- "Set: A protocol for baskets of tokenized assets" (2019)[URL]
- Gudgeon, L., "Defi protocols for loanable funds: Interest rates, liquidity and market efficiency", Proceedings of the 2nd ACM Conference on Advances in Financial Technologies, pp.92~112 (2020)
- Hanson, R., "Combinatorial information market design", Information System Frontiers, 5(1), pp.107~119 (2003)
- "Harvest flashloan economic attack post-mortem, accessed:29-12-2020" (2020)[URL]
- "Index: A comprehensive list of decentralized exchanges (dex)"[URL]
- Jones, S. P., "Composing contracts: an adventure in financial engineering", ACM SIG-PLAN Notices, 35(9), pp.280~292 (2000)
- Klages-Mundt, A., "Stablecoins 2.0: Economic foundations and risk-based models", Proceedings of the 2nd ACM Conference on Advances in Financial Technologies, pp.59~79 (2020)
- Lindsay, X. Lin, "Deconstructing decentralized exchanges", Stanford Journal of Blockchain Law & Policy (2019)
- Liu, B., "A first look into defi oracles", ~ (2020)
- "Balancer whitepaper: A non-custodial portfolio manager, liquidity provider, and price sensor" (2019)[URL]
- Nakamoto, S., "Bitcoin: A peer-to-peer electronic cash system", ~ (2008)
- Narayanan, A., "Bitcoin and cryptocurrency technologies: a comprehensive introduction" (2016), Princeton University Press
- "Yieldspace" (2020)[URL]
- "Opyn" (2020)[URL]
- "Cheese bank’s multi-million-dollar hack explained by security firm" (2020)[URL]
- Perez, D., "Revisiting transactional statistics of high-scalability blockchains, ser. IMC ’20", pp.535~550 (2020), Associa-tion for Computing Machinery
- "Synthetix—decentralised synthetic assets" (2020)[URL]
- "Value defi protocol suffers $6 million flash loan exploit" (2020)[URL]
- "Uniswap whitepaper" (2020)[URL]
- "Wbtc wrapped bitcoin an erc20 token backed 1:1 with bitcoin" (2020)[URL]
- "Hegic: On-chain options trading protocol on ethereum powered by hedge contracts and liquidity pools" (2020)[URL]
- "Ethereum: A secure decentralised generalised transaction ledger, Ethereum project yellow paper" (2021)[URL]
- Xu, J., "A game-theoretic analysis of cross-chain atomic swaps with htlcs", ~ (2020)
- Zamyatin, A., "Xclaim: Trustless, interoperable, cryptocurrency-backed assets", 2019IEEE Symposium on Security and Privacy (SP), pp.193~210 (2019), IEEE
- Zamyatin, A., "Sok: communication across distributed ledger" (2020), IACR Cryptol. ePrint Arch
- "Formal specification of constant product (xy= k) market maker model and implementation" (2018)[URL]
관련 논문AI추천
블록체인을 기반으로하는 탈중앙 금융(DeFi)의 조사김세용, 김준상한국컴퓨터정보학회 · 한국컴퓨터정보학회논문지2021 · 제26권 제3호디파이(De-Fi) 기술의 이해와 활용 -금융 서비스를 중심으로-김협, 권혁준한국지급결제학회 · 지급결제학회지2020 · 제12권 제2호분산형 금융(DeFi)의 리스크와 거래의 신뢰에 관한 고찰김종호한국지급결제학회 · 지급결제학회지2022 · 제14권 제1호디파이(DeFi)와 스마트계약에 관한 연구김승래, 송인방한국채무자회생법학회 · 회생법학2024 · 제29호탈중앙화 금융(Decentralized Finance) 비즈니스 모델김도훈, 이상욱한국질서경제학회 · 질서경제저널2024 · 제27권 제2호탈중앙화금융(Decentralized Finance)과 금융안정고동원예금보험공사 · 금융안정연구2024 · 제25권 제1호