Saved by Timothy Shih
Intern Breakdown #2: MEV
Tom So added
The rise of Flashbots has sprouted an interest in MEV among the entire Web3 ecosystem. Competitors have appeared in Ethereum, such as Manifold , which competes with Flashbots in the block-building space with non-compliant OFAC blocks.
Gonzalo Hirsch • Enter the MEV Void: the Rise of Flashbots
Tom So added
Front-running is a predatory market behavior that arises due to information asymmetries created by different actors accessing privileged information. Front-running is one of the ways to access MEV, and selling clients' orders is equivalent to the public Ethereum mempool.
Gonzalo Hirsch • Enter the MEV Void: the Rise of Flashbots
Tom So added
Interestingly, Ethereum’s rollup-centric roadmap is implicitly a gambit in this direction. ETH is sacrificing REV to its L2s rather than capturing it all to itself, in return for spreading the moneyness of ETH the asset. It’s unclear if its L2s will win out, or if they’ll continue to aggressively use and spread ETH in the future, but it’s clearly t... See more
Jon Charbonneau • L1 & L2 Token Value Capture - DBA
sari and added
sari and added
Marcel Mairhofer and added