{"bundle_type":"pith_open_graph_bundle","bundle_version":"1.0","pith_number":"pith:2024:6PSUAHWPLEK2UL4WGCLUMO7UGE","short_pith_number":"pith:6PSUAHWP","canonical_record":{"source":{"id":"2403.10226","kind":"arxiv","version":2},"metadata":{"license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"cs.CR","submitted_at":"2024-03-15T11:53:46Z","cross_cats_sorted":[],"title_canon_sha256":"5771a09959aba5b0bc70257f256205f16d1d0fc24723a1de2d45e7e3313ca558","abstract_canon_sha256":"4bfa8b9637748e4e74be111b172db9c3f74cf937df76eb9fa9b55f9b97e4b9cd"},"schema_version":"1.0"},"canonical_sha256":"f3e5401ecf5915aa2f963097463bf4310477ecbc040758bd7583f250f9257818","source":{"kind":"arxiv","id":"2403.10226","version":2},"source_aliases":[{"alias_kind":"arxiv","alias_value":"2403.10226","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"arxiv_version","alias_value":"2403.10226v2","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.2403.10226","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"pith_short_12","alias_value":"6PSUAHWPLEK2","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"pith_short_16","alias_value":"6PSUAHWPLEK2UL4W","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"pith_short_8","alias_value":"6PSUAHWP","created_at":"2026-07-05T08:46:07Z"}],"events":[{"event_type":"record_created","subject_pith_number":"pith:2024:6PSUAHWPLEK2UL4WGCLUMO7UGE","target":"record","payload":{"canonical_record":{"source":{"id":"2403.10226","kind":"arxiv","version":2},"metadata":{"license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"cs.CR","submitted_at":"2024-03-15T11:53:46Z","cross_cats_sorted":[],"title_canon_sha256":"5771a09959aba5b0bc70257f256205f16d1d0fc24723a1de2d45e7e3313ca558","abstract_canon_sha256":"4bfa8b9637748e4e74be111b172db9c3f74cf937df76eb9fa9b55f9b97e4b9cd"},"schema_version":"1.0"},"canonical_sha256":"f3e5401ecf5915aa2f963097463bf4310477ecbc040758bd7583f250f9257818","receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-07-05T08:46:07.531918Z","signature_b64":"IxHv9EwVsTlDdji1/HqGo+JIA6FSMJtZ8SNdY4z6txeLcBDhcHCXXRlrt2+61KLcCkny486qsxqT+ticLXbLDQ==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"f3e5401ecf5915aa2f963097463bf4310477ecbc040758bd7583f250f9257818","last_reissued_at":"2026-07-05T08:46:07.531376Z","signature_status":"signed_v1","first_computed_at":"2026-07-05T08:46:07.531376Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"source_kind":"arxiv","source_id":"2403.10226","source_version":2,"attestation_state":"computed"},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-07-05T08:46:07Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"PEA4PQwm06ESGwuArcIuCni8jYO47wSjButcQnmFFzNJmyQoDthGoycwEk6LWTifZATYPuTYXutiTiyUdDB3Aw==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-07-07T14:18:51.221798Z"},"content_sha256":"6cffeb4cf073498d4b243e56728627a42031594d0cd8a923504ba7e4e3be7719","schema_version":"1.0","event_id":"sha256:6cffeb4cf073498d4b243e56728627a42031594d0cd8a923504ba7e4e3be7719"},{"event_type":"graph_snapshot","subject_pith_number":"pith:2024:6PSUAHWPLEK2UL4WGCLUMO7UGE","target":"graph","payload":{"graph_snapshot":{"paper":{"title":"Liquid Staking Tokens in Automated Market Makers","license":"http://creativecommons.org/licenses/by/4.0/","headline":"","cross_cats":[],"primary_cat":"cs.CR","authors_text":"Benjamin Kraner, Claudio Tessone, Johnnatan Messias, Krzysztof Gogol, Malte Schlosser, Robin Fritsch","submitted_at":"2024-03-15T11:53:46Z","abstract_excerpt":"This paper studies liquid staking tokens (LSTs) on automated market makers (AMMs), both theoretically and empirically. LSTs are tokenized representations of staked assets on proof-of-stake blockchains. First, we model LST-liquidity on AMMs theoretically, categorizing suitable AMM types for LST liquidity and deriving formulas for the necessary returns from trading fees to adequately compensate liquidity providers under the particular price trajectories of LSTs. For the latter, two relevant metrics are considered: (1) losses compared to holding the liquidity outside the AMM (loss-versus-holding,"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"2403.10226","kind":"arxiv","version":2},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"integrity":{"clean":true,"summary":{"advisory":0,"critical":0,"by_detector":{},"informational":0},"endpoint":"/pith/2403.10226/integrity.json","findings":[],"available":true,"detectors_run":[],"snapshot_sha256":"c28c3603d3b5d939e8dc4c7e95fa8dfce3d595e45f758748cecf8e644a296938"},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"verdict_id":null},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-07-05T08:46:07Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"e41OVXQ81XPuqFJzclYAiYMTjKuzzE7pxXUB7EC3yBrvm+A8neCEx3XQQWcZp+tYl6jYfa6hamLY3ly8l6eAAQ==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-07-07T14:18:51.222387Z"},"content_sha256":"369a1b9bac346885df2a8e890790adc42bbd26f13ce7e912a7608e0a26658138","schema_version":"1.0","event_id":"sha256:369a1b9bac346885df2a8e890790adc42bbd26f13ce7e912a7608e0a26658138"}],"timestamp_proofs":[],"mirror_hints":[{"mirror_type":"https","name":"Pith Resolver","base_url":"https://pith.science","bundle_url":"https://pith.science/pith/6PSUAHWPLEK2UL4WGCLUMO7UGE/bundle.json","state_url":"https://pith.science/pith/6PSUAHWPLEK2UL4WGCLUMO7UGE/state.json","well_known_bundle_url":"https://pith.science/.well-known/pith/6PSUAHWPLEK2UL4WGCLUMO7UGE/bundle.json","status":"primary"}],"public_keys":[{"key_id":"pith-v1-2026-05","algorithm":"ed25519","format":"raw","public_key_b64":"stVStoiQhXFxp4s2pdzPNoqVNBMojDU/fJ2db5S3CbM=","public_key_hex":"b2d552b68890857171a78b36a5dccf368a953413288c353f7c9d9d6f94b709b3","fingerprint_sha256_b32_first128bits":"RVFV5Z2OI2J3ZUO7ERDEBCYNKS","fingerprint_sha256_hex":"8d4b5ee74e4693bcd1df2446408b0d54","rotates_at":null,"url":"https://pith.science/pith-signing-key.json","notes":"Pith uses this Ed25519 key to sign canonical record SHA-256 digests. Verify with: ed25519_verify(public_key, message=canonical_sha256_bytes, signature=base64decode(signature_b64))."}],"merge_version":"pith-open-graph-merge-v1","built_at":"2026-07-07T14:18:51Z","links":{"resolver":"https://pith.science/pith/6PSUAHWPLEK2UL4WGCLUMO7UGE","bundle":"https://pith.science/pith/6PSUAHWPLEK2UL4WGCLUMO7UGE/bundle.json","state":"https://pith.science/pith/6PSUAHWPLEK2UL4WGCLUMO7UGE/state.json","well_known_bundle":"https://pith.science/.well-known/pith/6PSUAHWPLEK2UL4WGCLUMO7UGE/bundle.json"},"state":{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2024:6PSUAHWPLEK2UL4WGCLUMO7UGE","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"4bfa8b9637748e4e74be111b172db9c3f74cf937df76eb9fa9b55f9b97e4b9cd","cross_cats_sorted":[],"license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"cs.CR","submitted_at":"2024-03-15T11:53:46Z","title_canon_sha256":"5771a09959aba5b0bc70257f256205f16d1d0fc24723a1de2d45e7e3313ca558"},"schema_version":"1.0","source":{"id":"2403.10226","kind":"arxiv","version":2}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"2403.10226","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"arxiv_version","alias_value":"2403.10226v2","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.2403.10226","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"pith_short_12","alias_value":"6PSUAHWPLEK2","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"pith_short_16","alias_value":"6PSUAHWPLEK2UL4W","created_at":"2026-07-05T08:46:07Z"},{"alias_kind":"pith_short_8","alias_value":"6PSUAHWP","created_at":"2026-07-05T08:46:07Z"}],"graph_snapshots":[{"event_id":"sha256:369a1b9bac346885df2a8e890790adc42bbd26f13ce7e912a7608e0a26658138","target":"graph","created_at":"2026-07-05T08:46:07Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"integrity":{"available":true,"clean":true,"detectors_run":[],"endpoint":"/pith/2403.10226/integrity.json","findings":[],"snapshot_sha256":"c28c3603d3b5d939e8dc4c7e95fa8dfce3d595e45f758748cecf8e644a296938","summary":{"advisory":0,"by_detector":{},"critical":0,"informational":0}},"paper":{"abstract_excerpt":"This paper studies liquid staking tokens (LSTs) on automated market makers (AMMs), both theoretically and empirically. LSTs are tokenized representations of staked assets on proof-of-stake blockchains. First, we model LST-liquidity on AMMs theoretically, categorizing suitable AMM types for LST liquidity and deriving formulas for the necessary returns from trading fees to adequately compensate liquidity providers under the particular price trajectories of LSTs. For the latter, two relevant metrics are considered: (1) losses compared to holding the liquidity outside the AMM (loss-versus-holding,","authors_text":"Benjamin Kraner, Claudio Tessone, Johnnatan Messias, Krzysztof Gogol, Malte Schlosser, Robin Fritsch","cross_cats":[],"headline":"","license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"cs.CR","submitted_at":"2024-03-15T11:53:46Z","title":"Liquid Staking Tokens in Automated Market Makers"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"2403.10226","kind":"arxiv","version":2},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:6cffeb4cf073498d4b243e56728627a42031594d0cd8a923504ba7e4e3be7719","target":"record","created_at":"2026-07-05T08:46:07Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"4bfa8b9637748e4e74be111b172db9c3f74cf937df76eb9fa9b55f9b97e4b9cd","cross_cats_sorted":[],"license":"http://creativecommons.org/licenses/by/4.0/","primary_cat":"cs.CR","submitted_at":"2024-03-15T11:53:46Z","title_canon_sha256":"5771a09959aba5b0bc70257f256205f16d1d0fc24723a1de2d45e7e3313ca558"},"schema_version":"1.0","source":{"id":"2403.10226","kind":"arxiv","version":2}},"canonical_sha256":"f3e5401ecf5915aa2f963097463bf4310477ecbc040758bd7583f250f9257818","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"f3e5401ecf5915aa2f963097463bf4310477ecbc040758bd7583f250f9257818","first_computed_at":"2026-07-05T08:46:07.531376Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-07-05T08:46:07.531376Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"IxHv9EwVsTlDdji1/HqGo+JIA6FSMJtZ8SNdY4z6txeLcBDhcHCXXRlrt2+61KLcCkny486qsxqT+ticLXbLDQ==","signature_status":"signed_v1","signed_at":"2026-07-05T08:46:07.531918Z","signed_message":"canonical_sha256_bytes"},"source_id":"2403.10226","source_kind":"arxiv","source_version":2}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:6cffeb4cf073498d4b243e56728627a42031594d0cd8a923504ba7e4e3be7719","sha256:369a1b9bac346885df2a8e890790adc42bbd26f13ce7e912a7608e0a26658138"],"state_sha256":"35fa8b643ff6bc15095a623751179e93dd02a2bd776ef5d335c96888fecf201e"},"bundle_signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"QE177tn+RwvWXGFX6l+oos9jXw+HY7wxsF2xJwWhaTrB6EqP6yqbICqa+LUC3s4mvu2EkE4YKWcvEgav7wHlAQ==","signed_message":"bundle_sha256_bytes","signed_at":"2026-07-07T14:18:51.224879Z","bundle_sha256":"dd1574d8f1ede917d6955c100f6b960bf1553c51f7404be3247f1411524f723e"}}