The Short STOry

The Short STOry

By Stefan LoeschBusinessInvesting
Download on the App Store

The Short STOry episodes

  • Introducing the TheShortSTOry Botcast

    I was having a bit of a hiatus, but I think I've quite a decent excuse, because I was extremely busy. Apart from my other project I was working on the Bancor release v2.1 where I was retained to write the economic analysis paper. This was actually very exciting, and I _will_ make a podcast or two about it I promise. More exciting however is my new **Botcast** project which I believe is a world first: all TheShortSTOry podcasts will be available via a Telegram chatbot. This bot is, not unsurprisingly, called @TheShortSTOrybot. Go check it out!

    1. https://t.me/TheShortSTOrybot

    2. https://blog.bancor.network/proposing-bancor-v2-1-single-sided-amm-with-elastic-bnt-supply-bcac9fe655b

    3. https://drive.google.com/file/d/1en044m2wchn85aQBcoVx2elmxEYd5kEA/view

    3 min
  • Uniswap Papers ep. 2: The Reckoning

    Today we will be discussing the second part of the Uniswap paper [1]. If you found yesterday's episode a bit dry, worry not. This one is more fun and economics, the mathematics stuff is mostly over. We are now moving on to the economics implications, and those are very interesting. Also honorable mentions of Sushiswap [3].

    1. https://theshortstory-podcast.com/papers/202009-uniswap-multipool/#part2

    2. https://theshortstory-podcast.com/papers/202009-uniswap-formulas/

    3. https://thedefiant.substack.com/p/sushiswaps-vampire-scheme-hours-away

    11 min
  • The Uniswap papers
    I am currently working quite heavily on formalising my understanding of Uniswap and Uniswap-style pools like the infamous Sushiswap pool that provided a fair amount of drama over the weekend. So instead of a news podcast today a short podcast on those two papers. The first one is simply a collection of important formulas [1], and the second one is a series of charts showing how Uniswap pools prices change with the volume [2].
    1. https://theshortstory-podcast.com/papers/202009-uniswap-formulas/
    2. https://theshortstory-podcast.com/papers/202009-uniswap-multipool/
    11 min
  • The new SEC rules for accredited investors (with Jeff Bandman)
    Today's podcast is with Jeff Bandman [1], principal at Bandman Advisors [2,3] and an esteemed colleague at University of Nicosia where he is teaching a course on blockchain regulations [4]. He is an expert on regulations, in particular in the US, and today we will be talking about SEC's exciting move to extend the definition of accredited investors [5,6,7]
    1. https://www.linkedin.com/in/jeffbandman/
    2. https://www.linkedin.com/company/bandman-advisors/
    3. https://www.bandmanadvisors.com/
    4. https://www.unic.ac.cy/blockchain/u-blockchain-law-regulation-and-policy/
    5. https://www.linkedin.com/posts/jeffbandman_sec-modernizes-the-accredited-investor-definition-activity-6704379921923379200-UGgx
    6. https://www.sec.gov/news/press-release/2020-191
    7. https://www.sec.gov/rules/final/2020/33-10824.pdf
    12 min
  • Japanese messaging giant LINE in massive new push into crypto
    The Japanse messaging giant LINE, creator of the Line friends, launches a blockchain development platform called LINE Blockchain Developers, and a crypto wallet called BITMAX.
    1. https://www.coindesk.com/line-launches-digital-asset-wallet-and-blockchain-development-platform
    2. https://cointelegraph.com/news/line-expands-blockchain-and-crypto-product-portfolio-with-two-new-additions
    4 min
  • Man bites dog; also: Korea's ICON blockchain offers ID services to established banks
    In a true man-bites-dog story [1], Korea's largest blockchain firm ICON [2] now offers KYC services to Shinhan Bank, Korea's second largest bank [3] as Coin Telegraph reports.
    1. https://cointelegraph.com/news/icon-app-offers-remote-kyc-for-south-koreas-second-largest-bank
    2. https://cointelegraph.com/news/four-of-the-top-five-south-korean-banks-to-offer-crypto-services
    3. https://icon.foundation/?lang=en
    4 min
  • Ethereum is a Dark Forest
    Today's podcast is on @danrobinson's [4] medium post "Ethereum is a dark forest" [1] (the reference being of course the famous book from the Three Body Problem series [2,3]) where he describes how in Ethereum's mempool everyone raising the head gets sniped.
    1. https://medium.com/@danrobinson/ethereum-is-a-dark-forest-ecc5f0505dff
    2. https://en.wikipedia.org/wiki/The_Dark_Forest
    3. https://www.amazon.co.uk/dp/B00U7G0UYI/
    4. https://twitter.com/danrobinson
    8 min
  • What color does Uniswap bleed?
    I started writing a paper on the Uniswap protocol, and in particularly how it imposes a _bleed_ on its liquidity providers, akin to the bleed option traders with negative Gamma experience. The full paper is here paper but below is the non-technical summary and conclusion.
    1. https://theshortstory-podcast.com/2020/08/what-color-does-uniswap-bleed/202008-LOESCH-What-color-does-Uniswap-bleed.pdf
    18 min
  • Thomas Naegele's assessment of EU and Liechtenstein securities law with respect to security tokens
    Today's podcast is about Thomas Naegele's assessment of EU law, and Liechtenstein law in particular, with respect to security tokens and their (in)ability to be traded on regulated trading venues. Warning: my pdf of the post clocks in at 67 pages plus 40 pages of references.
    1. https://medium.com/@thomas.naegele/secondary-market-for-security-tokens-the-need-for-a-new-regulatory-approach-at-the-european-e922e4ca04
    3 min
  • Ethereum Classic 51% attack nets 5.6m
    A few days ago we had the reorganisation of the Ethereum Classic chain that was initially attributed to the mistake of a miner who has been disconnected from the network for 12 hours. Turns out it was an attack, and he or she made $5.6m out of it. Interestingly the playbook followed is well known [3], ht @edmund_schuster.
    https://www.coindesk.com/ethereum-classic-undergoes-likely-51-attack-with-3693-block-chain-reorganization
    https://blog.bitquery.io/attacker-stole-807k-etc-in-ethereum-classic-51-attack
    https://arxiv.org/abs/2002.10736
    https://twitter.com/Edmund_Schuster
    11 min

About The Short STOry

From the publisher's feed

It is hard to navigate the fast-paced developments in STOs. The topic is at the intersection of regulated finance and blockchain technology, and understanding both is required.