Imagine if a single team on a "decentralized" 300b chain was:
- The top MEV shop
- Building the new shiny client
- Invested in every top app (orderflow, gobble gobble)
- Hung out with the MEV system architects at every conference
Wouldn't very decentralized now would it!
A new type of MEV just dropped:
An infra provider that I will not name just asked me to move my solana validator to their DC to improve "skip rate" for their clients.
Can't make this s71t up.
Hey guys I just solved sandwiching!
Buy my centralized token of which
@bloxroute
owns [undisclosed]% so I can dump on your ass!
Definitely not frontrunning!
Look very closely at who is against MCP and cross-reference that list with those who benefit most from its absence.
You definitely won't be surprised!
Gobble Gobble
Ah, Hasu's latest stroke of genius. Because who needs solutions for scaling, gas fees, or that pesky MEV problem you helped create? I'm sure your TEE-powered revolution will fix Ethereum right after it solves world hunger!
Gobble Gobble
First it was ZK compression.
Now it's network extensions.
Slippage Monster sees through your facade.
Soon, integrated will become extended!
Gobble Gobble
Most of the L2-ish things on Solana are better thought of as Network Extensions. While the underlying tech stack might resemble bitcoin or ethereum L2’s, the function and role is so radically different I think founders would best be served by Network Extensions
Theres maybe like 20 people on Solana who fully understand the dark forest of MEV on Solana
Worry not though
There are 1000 eth maxis on twitter who can teach you instead
"Tell Toranaga-Sama that we need another thousand dependencies. Tell him that we need another million threads and a superfluity of unstable features about which users do not care. Tell him we need to give away half of the token supply to bad actors."
"The Anjin is from Solana"
Atlas is one of a kind! It has a unique name, it’s the first “blockchain that settles to ethereum”, and it uses the svm!
So refreshing compared to all of these “l2s” and their single sequencers.
I guess what they have in common is that they’re parasitic to l1!
Gobble Gobble.
Sandwich bots extracted over 150k SOL from retail memecoin traders last month.
Most of this flow is on coins originating from
@pumpdotfun
This market is fundamentally broken: when retail users trade, sophisticated actors should compete to lower their slippage, not maximize it.
Fill in the blank: The people who can honestly bid the highest on marinade stake are _?
Where "honest bid" is an academic term in auction theory meaning "reflecting the true value generated if the bid is won"
Who is really at fault here?
There is a sandwich transaction on
@solana
every 4 seconds. Since March 2024, new 3rd party mempools have emerged on Solana. Unfortunately, many were designed with a harmful intent: sandwiching user transactions. Let's break down how this works and why it’s a problem. 🧵👇
Changing tides in the Solana validator community, no more independent validators in the superminority (sad), growing stake with great project teams (good), even larger stake with institutions (sad), still lots of private validators (sad).
We don't know what's happening behind