Redstone rollup simulation
Redstone is an Optimistic Rollup built on the OP Stack by Lattice . It aims to be a highly efficient and cost-effective rollup for on-chain games and other heavy applications. In this project, we worked with the team at Lattice to model the costs of running the Redstone mainnet and stress-test the operation’s sustainability. A key part of this project was the development of Redsim , a simulation framework to model Redstone’s Sequencer operation and its associated revenue and costs.
Full report | GitHub | Demo Notebook
Qredo tokenomics redesign
The Qredo Network is a decentralized MPC-based custody platform designed to offer businesses and investors a secure and efficient way to manage digital assets. In this project, we collaborated with the Qredo team to redesign the mechanisms of their already launched token - QRDO. In particular, we proposed a set of new tokenomic mechanisms, including two new Fee Models aimed at increasing token utility and a Staking Model to support Qredo’s introduction of a federated Proof-of-Stake consensus, and we created a bespoke model for the Qredo economy to test, analyze and tune the new mechanisms.
Full report | Blog post | GitHub | Talk
MechaFIL
MechaFIL is a python package that contains a “mechanistic” model for the Filecoin Economy. This model to forecast all the components underlying Filecoin’s circulating supply (i.e., minting, vesting, locking, and burning), based on a set of parameters that encode storage provider behavior. The goal of this project was to provide a tool that can help the Filecoin economy to make more informed decisions and better manage the risks associated with designing and updating the rules behind crypto economies.
Blog post | Notebook | GitHub | Talk 1 | Talk 2
Saturn Aliens
Filecoin Saturn is a decentralized Content Delivery Network (CDN) that aims to accelerate the retrieval of content from the IPFS and Filecoin. In this project, we analyzed the incentives for the stakeholders within the network, and we designed the Treasury module of Saturn, which is responsible for allocating rewards to network participants.
Full report | Blog post | GitHub | Talk 1 | Talk 2
Baseline Crossing analysis
Filecoin employs a hybrid mining model that combines two minting mechanisms - Simple minting and Baseline minting. With Baseline minting, the protocol only mints tokens at full capacity when the network meets or exceeds a predefined storage growth target. The goal of this project was to estimate the date where the network would cross the Baseline target (and thus stop minting tokens at full capacity) and analyze the impact of such event for the network, the token economy and the Storage Providers.