Core Research
lang
en
url
category
Null
date
Sep 2, 2024
slug
core-research
type
Single
status
Published
Explain our research and contextualize it within the literature. The contributions such as definitions, frameworks, and analysis of new mechanisms can be useful.
There are two types of research:
- Fundamental research: Explore mechanism design and prove the fundamental properties and limitations of new mechanisms, or define basic concepts and clarify their relevance.
- Applied research/R&D: Focus on practical problem solving. Develop new mechanisms, analyze and improve existing mechanisms, design implementations, and verify robustness through simulations.
We focus on applied research and cooperate with academic researchers on fundamental research. It is important for R&D to set problems based on the challenges Ethereum faces and provide timely solutions.
Ethereum's open research environment and permissionless nature allow us to create a system that allows people from various backgrounds, including fundamental researchers, applied researchers, developers, and communities, to collaborate at an unprecedented level. This approach allows us to approach problem solving from both theoretical and empirical perspectives.
Topics
- Mechanism of Value Distribution
- Issuance, Burning, and Validator Reward Design: Optimize the incentive structure for network participants and ensure long-term sustainability.
- Block Space Auction: Provide a mechanism to efficiently allocate limited block space.
- MEV Sources and L1-Application Interaction: Study the impact of MEV across different domains.
- Market Structure
- Monetary Policy for Sustainability and Security: Analyze the equilibrium model of Ethereum issuance and circulating supply.
- Market Structure and Dynamics: Analyze the bargaining power between players in the block construction process, collusion, and the market structure induced by MEV.
- Robustness against Attacks and Censorship: Explore the overview of Proof of Stake attacks and ideas on the cost of censorship.
- Applications to Improve UX
- LP Profitability: Explore what are the optimal strategies for passive and active LPs, and how to minimize the impact of DEX/CEX, DEX/DEX arbitrage, and sandwich attacks to avoid passive LPs paying extra costs.
- The LVR problem: We explore how DEXs can solve LVR.
- Designing a Cross-Chain DEX: As liquidity becomes more fragmented in general, we explore how to seamlessly aggregate liquidity and facilitate settlement.
Such topics can be layered into protocols and applications. Because the MEV problem affects not only consensus but also applications, we propose a complementary approach to framing the problem from both perspectives.
Current research
Name
Status
In progress
In progress
In progress
If you are looking to collaborate on any of the above or related topics, please feel free to contact us.