mev-toolkit/flashbots

🤖🔪 flashbots

tl;dr

• flashbots is a research and development organization focused on mitigating the negative externalities of current MEV extraction techniques and avoiding the existential risks MEV could cause to state-rich blockchains like Ethereum.

• flashbots try to move the problem to another area to prevent clogging up the Ethereum network and giving it more clarity. I works by reducing MEV's complexity by three fronts:

  • inspect and quantize the impact of MEV: this helps reduce the information asymmetry and people can understand the problem and its impact better (mev-Inspect).
  • democratize the extraction of MEV: the power to extract MEV exists in the hands of few people so they provide tools for everyone to start extracting MEV (mev-feth, mev-boost).
  • distribute the benefit of mev: currently, the miners and validators extract a disproportionate amount of benefits. So it’s important to redistribute these to all the participants.

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auction architecture

• searcher: bots looking for access to blockspace, users frontrunning protection on their transactions, and dapps
• relay
• miner

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resources in this repo

• scripts
• tools
• mev-boost stuff