Dear Colleagues,

I am pleased to invite you to the following seminar in Quantitative Finance by Lorenzo Schoenleber (CCA), which will take place at Collegio Carlo Alberto (Torino) and online at the Zoom link below on Monday, June 27th, 12.00.

Best regards,

Luca Regis

Speaker: Lorenzo Schoenleber (CCA)

Title: Manoeuvring and Investing in Yield Farms

Abstract: This paper is about Yield Farming which denotes a DeFi strategy of seeking rewards in the form of transaction fees by depositing tokens into a decentralized application. We demystify the investment process and quantify transaction costs, returns, and risks using historical data from a major DEX. We reveal the economic mechanisms providing a mathematical (optimization) framework which resembles the yield farming investment process including the direct modeling of returns, transaction costs, and sources of risk.

Join Zoom Meeting https://us02web.zoom.us/j/84470949996?pwd=MnNoU3YwMHRmTmc4eWRycmZLQ0lRUT09 Meeting ID: 844 7094 9996 Passcode: 884334