{"title":"Are Constant Product Market Oracles Safe?","authors":"Joseph Clark","doi":"10.2139/ssrn.3538932","DOIUrl":null,"url":null,"abstract":"We derive bounds for profitable manipulation of a constant product market used as a reference provider (oracle) for a margin position. Such bounds exist in terms of limits imposed on deposits the constant product market and the margin position, and depend on the elasticity of the underlying spot market.","PeriodicalId":18516,"journal":{"name":"Microeconomics: Production","volume":"138 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2020-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Microeconomics: Production","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3538932","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
We derive bounds for profitable manipulation of a constant product market used as a reference provider (oracle) for a margin position. Such bounds exist in terms of limits imposed on deposits the constant product market and the margin position, and depend on the elasticity of the underlying spot market.
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
