The overlap between traditional finance and on-chain systems. Option pricing with the Black-Scholes model, credit derivatives such as credit default swaps, and accounting itself, including how a multi-chain protocol keeps a general ledger on-chain.
A small category by count, and one that overlaps heavily with DeFi.
11 posts
What a power law y = a·x^k is, why it has no preferred scale, how to read it on log-log axes, and where it appears in DeFi pricing curves and fat tails.
2026, Oct 22 —
How Monte Carlo simulation works and how it turns a DeFi position's dependencies into a loss distribution, VaR, CVaR and a stay-or-exit decision.
2026, Oct 10 —
Why a tokenised EU money market fund falls under the MMF Regulation, not MiCA, and how dealing price, gates, holder checks and the support ban apply to it.
2026, Oct 01 —
How EU LVNAV money market funds keep a stable price, how the 10 bp, 20 bp and 30 % rules behaved in 2020 and 2022, and what the 2023 and 2026 reviews concluded.
2026, Oct 01 —
How Regulation (EU) 2017/1131 governs EU money market funds: VNAV, LVNAV and CNAV types, eligible assets, WAM/WAL limits, the 20 bp collar and gates.
2026, Oct 01 —
A worked EUR 1 billion EU money market fund portfolio checked against the MMF Regulation: eligible assets, group limits, credit assessment, WAM and WAL.
2026, Oct 01 —
BIO tokenomics on 18 Sept 2026: 3.32 B fully minted, 2.15 B circulating, 0.91 B vesting on-chain, veBIO locks, unlock pace, and no revenue path to the token.
2026, Sep 18 —
How Centrifuge implements real double-entry accounting in Solidity - debit-normal accounts, balanced journals, cross-chain snapshots, and the NAV and share price derived from them.
2026, Aug 18 —
A technical walkthrough of the 1973 Black-Scholes paper - the no-arbitrage hedging argument, the option pricing differential equation, its closed-form solution, and the reading of corporate liabilities as options.
2026, Jul 18 —
A simple guide to the Black-Scholes model - what an option is, why pricing it was a hard puzzle, and how two clever people solved it, explained with everyday analogies for curious readers.
2026, Jul 18 —
A Credit Default Swap (CDS) is a financial derivative that functions as a form of insurance against the default of a borrower.
2025, May 30 —
