论文标题
分散的财务，集中所有权？迭代映射过程，用于测量协议令牌分布
Decentralized Finance, Centralized Ownership? An Iterative Mapping Process to Measure Protocol Token Distribution
论文作者
论文摘要
在本文中，我们根据其令牌分布分析了各种分散融资（DEFI）方案。我们提出了一个迭代映射过程，使我们能够将汇总的代币持有量与托管和托管合同分开，并将其分配给其经济受益人。这种方法解释了流动性，贷款和蓄积池以及令牌包装纸，即使是高筑巢水平，也可以用来分解令牌持有量。我们计算几个快照的单个地址余额，并分析跨颞分布的变化。此外，我们研究了重新分配和协议用法数据，并提出了用于测量令牌依赖性和生态系统集成的代理。该论文提供了关于Defi互操作性以及令牌所有权分配的新见解，并可以作为进一步研究的基础。
In this paper, we analyze various Decentralized Finance (DeFi) protocols in terms of their token distributions. We propose an iterative mapping process that allows us to split aggregate token holdings from custodial and escrow contracts and assign them to their economic beneficiaries. This method accounts for liquidity-, lending-, and staking-pools, as well as token wrappers, and can be used to break down token holdings, even for high nesting levels. We compute individual address balances for several snapshots and analyze intertemporal distribution changes. In addition, we study reallocation and protocol usage data, and propose a proxy for measuring token dependencies and ecosystem integration. The paper offers new insights on DeFi interoperability as well as token ownership distribution and may serve as a foundation for further research.
