Alchemint participate in Blockchain Stable Economic Model Design Competition in Beijing

Blockchain Stable Economic Model Design Competition（BDC） is a world-famous mechanism design competition which jointly hosted by Tsinghua Wudaokou blockchain club，Qinghe Asset Management company and Changan Club young leader program. As a world-famous stable economic program, Alchemint maintains a keen interest in this competition. And after a long term of effort, Alchemint successfully reached the finals of this international competition and gained wide acceptance from the sponsors and judges. August 25th, Alchemint CTO Qi Feng attend the competition on behalf of Alchemint team in Chang’an Club，Beijing.

There are 10 teams from around the world participate it, including the famous project MakerDao which runs on Ethereum, Wangtong Team whose founder came from Nobel economics prize winner Jean Tirole’ lab, ANET teams composed of Korean data scientists, and other teams from universities such as Peking University. The design ideas of the participated teams are also different: there are excess mortgage model, similar mortgage market maker model using futures hedging, and algorithmic bank model. Each participated team made a profound exposition of its economic model in accordance with the requirements of the organizer in the specified time. On the basis of analyzing the pain points of the industry, each team combined its stable economic model with the application case, made stable economic design, which gave a wonderful expression.

Guest including Professor Chen Zhong from Peking University Blockchain Laboratory, Professor Liu Xiaolei from the Blockchain Lab of Guanghua District of Peking University, Yuan Yuming, Dean of the Huobi Institute, Zhu Youping, researcher of the National Information Center, Lin Xiaoyu from Fast Chain Planet, and Guo Lijing, head of the blockchain business unit of Jingdong Cloud District, commented on several teams and asked them many questions. The academic atmosphere was very strong and the discussion content was very profound.

In the end, Alchemint and the MAKERDAO successfully won the direct pass and will participate in the BDC final held in South Korea in three months later. The two projects also gave a wonderful comment on the design of the current stable economic model. Alchemint CTO Qi Feng said that the stable token as the most important infrastructure of the blockchain ecology, there are still many problems to be solved, whether it is part of the design that is too central, or the endogenous nature of the mortgage model. The problem needs to be considered by the entire industry including academic institutions and commercial organizations. Only in the premise of fully developed infrastructure, the blockchain industry can achieve the practical application of the landing and vigorous development.

The competition has received wide attention from all walks of life; Wudaokou Blockchain Club, Changan Club Youth Leadership Program, Peking University Guanghua Blockchain Lab, Peking University Xinke Blockchain Lab, and Tsinghua Encryption Economy Club have all supported and helped the event. Alchemint CTO Qi Feng said that Alchemint would not forget the initial purpose and work together to promote the overall development of the blockchain industry.

阿基米德参加BDC大赛并获得世界赛直通卡

BDC大赛是由清华五道口区块链俱乐部、青荷资产管理及长安俱乐部青年领袖计划联合举办的稳定经济模型设计大赛。作为目前国内知名的稳定经济模型设计项目，从赛事发起时起阿基米德便对BDC大赛保持高度关注并报名参赛，并最终成功进入BDC大赛的决赛，得到了主办方和参赛评委的高度认可。8月25日，阿基米德CTO齐峰代表阿基米德团队出征北京，参加在北京长安俱乐部举行的BDC大赛决赛。

10支参赛队伍来自世界各地：有以太坊上运行的项目MAKERDAO战队，有诺贝尔经济学奖让梯若尔弟子汪通教授的战队，有韩国的数据科学家组成的ANET战队，也有来自北大等高校的其他战队。参赛队伍设计思路也各有不同：有超额抵押模式，有利用期货对冲的等额抵押做市商模式，也有算法银行的模式。各支参赛队伍在规定时间内，按照主办方的要求对自己的经济模型进行了深刻阐述：在分析行业痛点的基础上，把自己的稳定经济模型与应用案例相结合，做出了稳定经济设计的精彩表达。

包括北大信科区块链实验室陈钟教授，北大光华区块链实验室刘晓蕾教授，北邮区块链实验室马兆丰教授，Huobi研究院袁煜明院长，国家信息中心研究员朱幼平老师，北大区块链俱乐部秘书长陈雷，快链星球林晓宇，京东云区块链事业部负责人郭理靖在内的评审嘉宾们对几支队伍都进行了点评和现场提问，现场学术气氛非常浓厚，讨论内容干货很多。

最终，阿基米德与MAKERDAO项目成功获得了世界赛的直通卡，将参加三个月后在韩国举办的世界赛。两个项目也对目前稳定经济模型的设计做了精彩的点评。阿基米德CTO齐峰表示，稳定经济通证作为区块链生态的最重要的基础设施，待解决的问题还有很多，无论是部分设计上过于中心化的问题，还是抵押模式的内生性问题，都需要包括学术机构和商业机构的整个行业共同思考。只有在基础设施得到充分发展的前提下，区块链行业才可以实现实际应用的落地和蓬勃的发展。

此次大赛得到了社会各界的广泛关注，五道口区块链俱乐部，长安俱乐部青年领袖计划，北大光华区块链实验室，北大信科区块链实验室，北邮区块链实验室，清华加密经济学俱乐部，人大法链实验室都对本次赛事进行了大力支持和帮助。阿基米德CTO齐峰表示，阿基米德将不忘初心，与各界一起共同推动区块链行业的整体发展。