I-Corps: Technical Framework for Testing, Simulating, and Designing Stable Assets

I-Corps：测试、模拟和设计稳定资产的技术框架

• 批准号: 1934711
• 负责人: Andreea Minca
• 金额: $ 5万
• 依托单位: Cornell University
• 依托单位国家: 美国
• 项目类别: Standard Grant
• 财政年份: 2019
• 资助国家: 美国
• 起止时间: 2019-06-15 至 2020-11-30
• 项目状态: 已结题
• 来源: https://www.nsf.gov/awardsearch/showAward?AWD_ID=1934711&HistoricalAwards=false
• 关键词: Corps; Technical; Framework; Testing; Simulating

The broader impact/commercial potential of this I-Corps project is enhanced ability to design stable assets and currencies, particularly in the cryptocurrency `stablecoin' space. This project develops testing and design technology that allows a scientific approach to designing new stablecoins and provides tools for agents in decentralized finance to make informed decisions about risk and investment. Both serve to enhance the long-term stability of stablecoins, which could form the basis for a robust decentralized financial system and facilitate economic adoption of cryptocurrencies. The testing and design technology can be used by stablecoin companies and investors in these markets (such as hedge funds). For the former, the technology is useful to perform validation and to make informed design choices. In the latter, the technology can be used to provide trading and value indicators and to measure the risks in different positions.This I-Corps project develops a framework for understanding stable assets that provides the testing, simulation, and design capabilities missing in the decentralized finance space. This requires new financial models involving various algorithmic contracts between anonymous agents in a multi-period system that requires recurring actions without a central bank. Aside from these models, which explain actual stablecoin movements, no existing models apply to this setting. This framework involves substantial market design based on these models. Market design is a new field at the intersection of economics and computer science; it studies how markets can be designed to work well. The complexity of stablecoin protocols presents a substantial computer science component to the research. The models enable market simulation and understanding of market dynamics arising from different protocol design, which allows improved learning in how to design better stablecoins.This award reflects NSF's statutory mission and has been deemed worthy of support through evaluation using the Foundation's intellectual merit and broader impacts review criteria.

这个I-Corps项目的更广泛的影响/商业潜力是增强了设计稳定资产和货币的能力，尤其是在加密货币“ Stablecoin”空间中。该项目开发了测试和设计技术，该技术允许科学方法设计新的稳定币，并为代理商提供分散融资的工具，以做出有关风险和投资的明智决定。两者都可以增强稳定菌的长期稳定性，这可能构成了强大的分散金融体系的基础，并促进了加密货币的经济采用。 Stablecoin公司和投资者可以在这些市场（例如对冲基金）使用测试和设计技术。对于前者来说，该技术对于执行验证和做出明智的设计选择很有用。在后者中，该技术可用于提供交易和价值指标并衡量不同位置的风险。该I-Corps项目为理解稳定资产的框架开发了一个框架，以提供分散融资领域中缺少测试，模拟和设计功能。这就需要新的财务模型，涉及多周期系统中匿名代理之间的各种算法合同，该系统需要无需中央银行的重复行动。除了这些模型（解释实际的稳定运动）外，没有现有模型适用于此设置。该框架涉及基于这些模型的实质性市场设计。市场设计是经济学与计算机科学交集的新领域。它研究了如何设计市场的运作良好。 Stablecoin协议的复杂性为研究提供了实质性的计算机科学组成部分。这些模型使市场模拟和对不同协议设计产生的市场动态的理解，这可以改善如何设计更好的稳定稳定剂。该奖项反映了NSF的法定任务，并被认为是值得通过基金会的智力优点和更广泛影响的评估来评估的支持标准。