Casper: CAPM & Validation Yield

[vbuterin]

This looks like it might be an argument for lower p values as I describe here

Casper: The Fixed Income Approach

OK, so this is what I in my previous paper call the p=1 approach. The formula was interest_rate = k / total_deposits^p With p=1, that becomes a simple interest_rate = k / total_deposits The other main alternatives are p=0 (fixed interest rate), p=0.5 (what we’re currently doing) and p=infinity (consider this as the limit of k and p going to infinity at the same time; basically, this is a policy that targets some specific total deposit size, and if the actual deposit size is different then it…