Towards understanding governance tokens in liquidity mining: a case study of decentralized exchanges

Fan, Sizheng; Min, Tian; Wu, Xiao Cheng; Cai, Wei

doi:10.1007/s11280-022-01077-4

Cited by 16 publications

(7 citation statements)

References 25 publications

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“…Specifically, we trained the data on AHC with 𝐾 ranging from 2 to 20 to determine the optimal number of clusters. We find that the AHC with 𝐾 ∈ [12,20] seems to be a good option in this circumstance.…”

Section: Determining the Number Of Rolesmentioning

confidence: 80%

“…While other previous research focuses on the data-driven analysis on transaction records and token flow [20,32,39], but only few of them concentrate on the specific topic of decentralized communities. Friedhelm Victor et al [53] presented a descriptive measurement study to reveal the quantitative characters of the token network by providing an overview of more than 64,000 ERC-20 token networks and pointed out that even though the token network on Ethereum has followed a power law in its degree distribution, lots of individual token networks are frequently dominated by spoke pattern or a single hub.…”

Section: Study On Decentralized Communitiesmentioning

confidence: 99%

See 1 more Smart Citation

Altruistic and Profit-oriented: Making Sense of Roles in Web3 Community from Airdrop Perspective

Fan

Min

Xiao³

et al. 2023

Proceedings of the 2023 CHI Conference on Human Factors in Computing Systems

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Regardless of which community, incentivizing users is a necessity for well-sustainable operations. In the blockchain-backed Web3 communities, known for their transparency and security, airdrop serves as a widespread incentive mechanism for allocating capital and power. However, it remains a controversy on how to justify airdrop to incentive and empower the decentralized governance. In this paper, we use ParaSwap as an example to propose a role taxonomy methodology through a data-driven study to understand the characteristic of community members and the effectiveness of airdrop. We find that users receive more rewards tend to take positive actions towards the community. We summarize several arbitrage patterns and confirm the current detection is not sufficient in screening out airdrop hunters. In conjunction with the results, we discuss from the aspects of interaction, financialization, and system design to conclude the challenges and possible research directions for decentralized communities. CCS CONCEPTS• Human-centered computing → Empirical studies in collaborative and social computing.

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Section: Determining the Number Of Rolesmentioning

confidence: 80%

Section: Study On Decentralized Communitiesmentioning

confidence: 99%

Altruistic and Profit-oriented: Making Sense of Roles in Web3 Community from Airdrop Perspective

Fan

Min

Xiao³

et al. 2023

Proceedings of the 2023 CHI Conference on Human Factors in Computing Systems

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“…Decentralized exchanges are another successful application of blockchain technology [106]. Decentralized exchanges based on blockchain technology, such as Uniswap and Sushiswap, enable peer-to-peer trading without the use of middlemen such as banks or brokers [106].…”

Section: ) Successful Implementations Of Blockchain Technology Inmentioning

confidence: 99%

Blockchain Technology and Virtual Asset Accounting in the Metaverse: A Comprehensive Review of Future Directions

AL-Hawamleh,

Altarawneh,

Hikal

et al. 2024

IJCDS

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This research focuses on the metaverse's evolving trend and the potential application of blockchain technology in the accounting of virtual assets in this digital domain. The metaverse introduces a new economy in which users may earn real-world revenue through virtual activities, necessitating the need for efficient and dependable virtual asset accounting. Blockchain technology, with its decentralized and immutable record, appears to be a viable answer to these problems. This paper discusses the present status of blockchain technology for accounting for virtual assets in the metaverse as well as its potential role for businesses and the economy. It also determines the technology's issues and limits and makes recommendations for further development. The approach of this study is based on a comprehensive review of the existing literature on the interactions between blockchain technology, virtual asset accounting, and the metaverse. The findings indicate that blockchain technology has the potential to transform virtual asset accounting in the metaverse by improving security, transparency, and consistency. However, scalability and legal/regulatory issues must be overcome before it can completely achieve its promise. Accounting experts, developers, and stakeholders interested in the convergence of blockchain technology and the metaverse economy will find this paper useful.

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“…Trailblazing metaverse platforms leveraging blockchain, such as Decentraland, CryptoVoxels, and Sandbox, utilize cryptocurrency and nonfungible tokens (NFTs) to define programmable assets or access privileges [11]. These tokens may facilitate a borderless and frictionless payment layer, ensuring the uniqueness, persistence, and tradability of users' digital assets [9]. Furthermore, the rise of smart contract-driven decentralized applications (DApps) [10]-spanning decentralized finance (DeFi) to innovative social applications [5]ushers in an era of transparent, self-regulating digital ecosystems.…”

Section: Guest Editorial Special Issue On Social Studies Human Factor...mentioning

confidence: 99%

Guest Editorial Special Issue on Social Studies, Human Factors, and Applications in Metaverse

Cai,

Zhao,

Gui

et al. 2023

IEEE Trans. Comput. Soc. Syst.

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Towards understanding governance tokens in liquidity mining: a case study of decentralized exchanges

Cited by 16 publications

References 25 publications

Altruistic and Profit-oriented: Making Sense of Roles in Web3 Community from Airdrop Perspective

Altruistic and Profit-oriented: Making Sense of Roles in Web3 Community from Airdrop Perspective

Blockchain Technology and Virtual Asset Accounting in the Metaverse: A Comprehensive Review of Future Directions

Guest Editorial Special Issue on Social Studies, Human Factors, and Applications in Metaverse

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