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[pile] - price manipulation #19

Open quinn-dougherty opened 3 years ago

quinn-dougherty commented 3 years ago

Description

This nice cryptoeconomic property that we believe holds of our DeX is that an attacker who wanted to make Danaswap's beliefs untrue (where "true beliefs" is defined to be the underlying meaning of "accurate prices") either to manufacture arbitrage opportunities or because they hate us would need to constantly apply pressure with infinite money, and even then it's only a maybe. The practical takeaway is we believe an attack like this is way more expensive to carry out than could possibly be worthwhile.

Deliverable

Perhaps a whole audit chapter on cryptoeconomic analyses? At least this section is in the cryptoeconomics section.

quinn-dougherty commented 3 years ago

Infinite attacker thought experiment is in postamble/future.md, the future work section. Meanwhile I'm writing a main audit.pdf section about price manipulation, at src/attacks/pump.md.