Economic Audit of a Lending Protocol

Exactly is an algorithmic credit market protocol built on the Ethereum blockchain. Exactly asked Swiss Economics to review their protocol design.

People discussing in front of 2 laptops

Client

Exactly

Project period

2022

Related expertise

Blockchains and Cryptoassets, Audit Support and Compliance, Financial Services, Digital markets and media, Data Science

Team

Matthias Hafner, Claudio Burkhard, Romain de Luze, Felix Wüthrich

Contact

Matthias Hafner

Project Description

Exactly allows users to earn interest on their deposits and borrow assets against collaterals for variable or fixed rates. Swiss Economics Center for Cryptoeconomics was asked to audit the economic model of Exactly. The Center for Cryptoeconomics validated the mathematical model, recalculated its outcome, and overviewed the competition.

Methods:

  • Expert knowledge of blockchain technologies and crypto markets
  • Platform economics
  • Simulations
  • Comparative analysis

 

 

 

Other projects

Green meadow with power line

At what level should the general productivity factor (Xgen) for German gas and electricity networks in the fifth regulatory period (RP5) be set?

podium in grass

How well do Kurate.org's AI-generated paper rankings align with human expert assessments?

Laptop

What is the economic impact of the proposed SPTO revision?