Bank error in whose favor? A case study of decentralized finance misgovernance

• Main Authors: KE, Ping Fan, NG, Ka Chung Boris
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: DeFi; misgovernance; fat-finger error; total value locked; synthetic control; incident response; Databases and Information Systems
• Online Access: https://ink.library.smu.edu.sg/sis_research/7681; https://ink.library.smu.edu.sg/context/sis_research/article/8684/viewcontent/Bank_Error_in_Whose_Favor__A_Case_Study_of_Decentralized_Finance.pdf
• Institution: Singapore Management University

Decentralized Finance (DeFi) emerged rapidly in recent years and provided open and transparent financial services to the public. Due to its popularity, it is not uncommon to see cybersecurity incidents in the DeFi landscape, yet the impact of such incidents is under-studied. In this paper, we examin...