โIntegral-Based Token Conversion with Diminishing Returns and Rate Recoveryโ is now published.
The paper introduces the Integral Conversion Model, where conversion output is defined as the integral of a decaying marginal rate.
It formalizes the marginal return behavior of the conversion process, invariance to transaction granularity, and the Half-Life Recovery process that governs how the marginal rate evolves under concentrated conversion activity.
Full Research โ
https://t.co/GEgiaG9pVI