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MEV_on_Ethereum/eip-1559.md
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## 🍩 mev and eip-1559
<b>
<br>
<img width="746" alt="Screen Shot 2022-12-21 at 8 53 03 PM" src="https://user-images.githubusercontent.com/1130416/209059634-7d8384b2-4198-4406-8880-3b35a4d54d4d.png">
<br>
##### dune query
```
SELECT
DATE_TRUNC('month',block_time) AS month,
-- For every month, Compute Number of eip 1559 transactions / Total transactions
COUNT(*) FILTER ( WHERE `type` = 'DynamicFee') / COUNT(*) AS eip1559_tx,
COUNT(*) FILTER ( WHERE `type` = 'Legacy' ) / COUNT(*) AS legacy_tx,
COUNT(*) FILTER ( WHERE `type` NOT IN ('DynamicFee', 'Legacy') ) / COUNT(*) AS other_tx
FROM
ethereum.transactions
WHERE
block_number >= 12965000 --London upgrade block number
GROUP BY
month
```
<br>
<img width="612" alt="Screen Shot 2022-11-17 at 1 18 14 PM" src="https://user-images.githubusercontent.com/1130416/202561827-69afafa9-7f44-438b-babf-f823b7ac7ee1.png">
<br>
- The incorporation of EIP-1559 in the London hardfork brought a major restructuring of the Ethereum fee mechanism, aiming to allow for easier
fee estimation by users and consolidate ETH as the base currency of the network by burning part of the transaction fees.
@ -30,8 +45,16 @@ protection in some DEXes, where miner fees are taken directly from the transferr
<br>
<img width="612" alt="Screen Shot 2022-11-17 at 1 18 14 PM" src="https://user-images.githubusercontent.com/1130416/202561827-69afafa9-7f44-438b-babf-f823b7ac7ee1.png">
<br>
----
### resources
- [eip-1559 dune board](https://dune.com/barnabe/EIP1559)
- [structuring blockspace derivatives by julian ma](https://mirror.xyz/0x03c29504CEcCa30B93FF5774183a1358D41fbeB1/WKa3GFC03uY34d2MufTyD0c595xVRUEZi9RNG-dHNKs)
- [Agent-based simulation environment for EIP 1559.](https://github.com/ethereum/abm1559)
- [agent-based simulation environment for EIP 1559.](https://github.com/ethereum/abm1559)