Status: Major Revision at ISR
(Joint work with Yuxin Geng and Chenshuo Sun)
Enabling free-floating tradability of platform specific digital tokens without active stabilization can hurt platform and user engagement. Tradability increases the salience of real-value of tokens.
This paper holds a special place in my heart as it is my first collaboration with two authors who are not only academically but also physically younger than me. One of the authors, Yuxin, was actually a sophomore undergraduate student when we began this project.