Crypto Economist [Blockchain DeFi]

As a Crypto Economist your role will focus on mathematical groundings of the Acala & Karura DeFi platforms, and their primitives. These primitives are; A trustless staking derivative (liquid DOT); A multi-collateralized stablecoin backed by cross-chain assets (aUSD); And an AMM DEX – all with micro gas fees that can be paid in any token.

You’ll be working closely with our Auckland-based founders on the 'Cryptoeconomics' of our entire platform, and also with our decentralized Engineering Team of 10+. You'll need to bring a data-driven Economic mindset to the technical domain of a substrate-based blockchain ecosystem, in this case - Polkadot. Your objective will be to Implement the past century of lessons learned from monetary economics to the future of our DeFi applications.

Our ideal candidate will be a Mathematical Economist who has already spent some time working on Ethereum-based blockchain research, whether commercially successful or not. But at minimum as an Engineering-centric startup we need a technically-fluent Economist with a mature interest in decentralized applications and the general concept behind Ethereum and smart contracts. If you're willing to attempt a short evaluation exercise for us, geared toward Blockchain Economics, then we want to hear from you.

What you'll do

• Research and design DeFi economic models for blockchain solutions
• Research and develop decentralized financial protocols including but not limited to; mechansim design, incentive scheme design, financial engineering, token economics (the coins in circulation, soft/hard cap, burn rate, etc).
• Perform quantitative analysis and verification using statistical data with economic mathematical modelling to support product design.
• Work closely with our Founders & Engineering Team(s), to turn research into product implementations
• Communicate findings clearly and concisely, and collaborate on the development of educational material

What it takes

• Masters or PhD in Applied Mathematics, Statistical Economics, or similar
• Familiarity with crypto-economic infrastructure such as exchanges, wallets, etc.
• Ability to design token-economic models balancing security and opportunity for real-world applications
• An entrepreneurial mindset with the ability to succeed in a fast-paced environment
• Deep understanding of and passion for decentralized applications
• Alignment with our core values: communication, positivity, continuous learning, and efficient execution

What we offer

• Competitive contract-based compensation (you'll have to invoice us from wherever you are)
• Flexible working hours within Pacific timezones
• Collaborative, transparent and empowering work culture
• Meaningful work on creating better technologies for a fairer future
• Opportunity to work in a multinational, high-performance team with diverse backgrounds

More Information

• Series A statement by CEO Ruitao Su
• Web3 Grant statement by COO Bette Chen
• Coinbase investment statement by Growth VP Dan Reecer
• Get started! Try out our Testnet for yourself

About Acala
Acala's mission is to support and nurture the DeFi applications of the decentralized web (aka Web3) for an open and fairer financial future for everyone. The drivers of our mission are delivering financial stability, liquidity and accessibility for every human being.
Our core project is the Acala Network itself, which we expect to become the de facto DeFi parachain and stablecoin of the Polkadot ecosystem. Polkadot provides the underlying trust primitives to our parachain, upon which we’ve built our suite of financial primitives including; Multi-collateralized Stablecoin; Trustless Staking Derivatives, and Unified Decentralized Exchange. These primitives will be used by us and other teams to power open DeFi innovations, and burn away all need for the parasitic intermediaries that inhabit almost every conventional trust-based financial system.
We have secured our support from eminent backers like Polychain, Coinbase Venture, Pantera and many more. We’re still preparing Acala’s parachain launch, so there’s no better time to join our mission and be a part of the future that we’re building. Because whoever you are, we’re building it for you 🚀