2025-09-04 –, Masuria Stage
DeFi protocols often begin with idealized mathematical models, which must be implemented in fixed-point arithmetic on-chain. This workshop examines how such translations introduce rounding errors and exploitable deviations from the original model, with a focus on exchange algorithms.
Participants will learn how to isolate operations prone to fixed-point error, decompose calculations to control rounding, and apply defensive structuring to preserve model integrity under numerical constraints.
Mark Bentley Richardson, holding a PhD from the University of Melbourne, redirected his career from research science to DeFi in 2021, now serving as Bancor's Project Lead. Under his guidance, Bancor launched Carbon DeFi, a system that enhances user customization in decentralized exchanges by enabling strategy-specific liquidity utilization. Richardson's leadership emphasizes consistent innovation while maintaining the key principles of decentralization, user safety, and operational simplicity.