Bernadette Charron-Bost

CNRS senior researcher and research Fellow at LIX-CNRS

Publications & Outlooks

The Economics of Constant Function Market Makers

We use microeconomic theory to describe the inner workings of Constant Function Market Makers (CFMMs). We show that standard results from consumer theory apply in this new context, endowing us with ...

SoK: Constant Function Market Makers

We provide an overview of the academic literature on Automated Market Makers for Decentralized Exchanges. Our review puts an emphasis on contributions from researchers in economics and finance. We ...

Rollups: a Powerful Scaling Mechanism

One of the major challenges in the world of blockchains is that of scaling up, particularly in terms of throughput, i.e. the number of transactions per second. One way to increase throughput is to use ...

A Hitchhiker’s Guide to Decentralized Finance

Decentralized Finance is a major innovation trend that is shaking the FinTech world. DeFi refers to a universe of financial applications that rely on blockchain technology to achieve decentralization. ...

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