Collected writing and research from the Paradigm team

Escaping the Dark Forest

9.24.2020 | samczsun

I was about to wrap up for the night when I decided to take another look at some smart contracts. I wasn’t expecting anything interesting, of course. Over the past [→]

Analysis of EIP-1559

6.10.2020 | Georgios Konstantopoulos, Hasu

If implemented, Ethereum improvement proposal (EIP) 1559 will be the largest change to how users bid for blockspace in any of the major blockchains. While the proposed rules are relatively simple, the [→]

The Yield Protocol: On-Chain Lending With Interest Rate Discovery

4.1.2020 | Dan Robinson

Read the paper here: PDF Abstract This paper presents a sketch of a new building block for decentralized finance: yTokens. yTokens are like zero-coupon bonds: on-chain obligations that settle on [→]

An analysis of Uniswap markets

11.1.2019 | Guillermo Angeris, Hsien-Tang Kao, Rei Chiang, Charlie Noyes, Tarun Chitra

Read the paper here: PDF Abstract Uniswap -- and other constant product markets -- appear to work well in practice despite their simplicity. In this paper, we give a simple [→]

The Rainbow Network: An Off-Chain Decentralized Synthetics Exchange

3.1.2019 | Dan Robinson

Read the paper here: PDF Abstract This paper presents the Rainbow Network, a design for an off-chain non-custodial exchange and payment network supporting any assets for which two parties can [→]