Graduation Year

2024

Date of Submission

12-2024

Document Type

Campus Only Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Michael Gelman

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Abstract

Decentralized finance is an emerging alternative to traditional banking that enables users to leverage their assets for considerably higher yield than a bank may offer. The cryptocurrency ecosystem that emerged from the creation of BTC is diverse and robust. Defi-driven cryptocurrency yields have emerged as a strong contender to traditional finance offerings, providing an alternate investment option with distinct mechanisms, yet comparable fundamentals. This thesis will explore the intricacies of these yields, comparing them with those provided in global finance.

This thesis is restricted to the Claremont Colleges current faculty, students, and staff.

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