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<br>
#### private order flow protocols (POFPs)
### private order flow protocols (POFPs)
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### validator transaction reordering protocols (VTRPs)
<br>
* private tx reordering
* two goals: 1) identify valuable user txs, 2) replace the POFP's value-extracted tx with its own value-extractive tx
* when a VTRP is able to identify a valuable user tx but, due to the tactics of the POFP, is unable to inject its own transaction in place of the POFP's -> VTRP's optimal strategy is to censor the user's transaction from the final block
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### stat arbs