Robbed Withdraw

Ze Chen, Ruichao Jiang (), Javad Tavakoli () and Yiqiang Zhao ()
Additional contact information
Ze Chen: Ergodi Labs
Ruichao Jiang: Ergodi Labs
Javad Tavakoli: University of British Columbia
Yiqiang Zhao: Carleton University

Chapter Chapter 17 in Mathematical Research for Blockchain Economy, 2024, pp 337-345 from Springer

Abstract: Abstract In this article we show that Theorem 2 in (Lie et al. in Mathematical Research for Blockchain Economy, MARBLE 2022. Springer, pp. 233–251, 2023) contains a gap. We then show that an undesirable phenomenon, which we call the robbed withdrawal, can happen as a consequence. Finally, we provide an almost necessary and sufficient condition for the avoidance of the robbed withdrawal phenomenon and use it to show that Wombat Exchange is safe against the robbed withdrawal.

Keywords: Automated market maker; Blockchain; Decentralized finance (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnopch:978-3-031-68974-1_17

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DOI: 10.1007/978-3-031-68974-1_17

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