Thomas Rivera
Institution
McGill University, Desautels Faculty of Management
PhD Year
2019
thomas.rivera@mcgill.ca
FTG Membership
Member
Featured Work
Jan 1, 2025
Equilibrium in a DeFi Lending Market
We develop a model of Decentralized Finance (DeFi) lending platforms that set interest rates as programmable functions of the utilization of available funds. These platforms are unable to incorporate off-chain...
Nov 1, 2022
Proof-of-Work versus Proof-of-Stake: A Comparative Economic Analysis
We develop an economic model to compare equilibrium security of Proof-of-Work (PoW) versus Proof-of-Stake (PoS) blockchains. We derive general conditions to determine when PoW blockchains are more secure than otherwise...
