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Protocol Design Support for Havven (Synthetix)

Havven, rebranded as Synthetix, is a decentralized payment network enabling cryptocurrency purchases.

cryptocoins

Project period

2018 – 2019

Team

Juan Beccuti, Christian Jaag, Michael Funk, Matthias Hafner

Contact

Matthias Hafner
Project Description

Synthetix, formerly Havven launched a dual-token solution consisting of a stabilized exchange token and a reserve token, which serves as collateral. The concept guarantees a permissionless, low-fee, and stable payment network. Havven initially contracted cryptecon in 2018 to analyze the white paper. After that, Havven hired cryptecon to model the incentives described in the white paper and provide support during the platform's implementation phase.

Methods used by cryptecon
  • Game theory
  • Equilibrium modelling
  • Numerical simulations

 

 

 

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