megaeth sequencer auctions redistribute 90% of mev to token stakers. ethereum l1 generates $20m monthly mev, arbitrum $5m. megaeth's sub-millisecond blocks create more arb opportunities than both. $108m annual mev at 50% staked means 21.6% apy from real economic activity, not inflation. $1b fdv for a productive asset yielding 20%+ from transaction ordering is mispriced. public auction starts october 27 at that valuation. every other l2 token is just governance. ...

🔎 RESEARCH: Batched Threshold Encryption (BTE) could redefine fairness in DeFi.By encrypting transactions until block finalization, BTE blocks frontrunning and sandwich attacks; the core of extractive MEV.The latest BEAST-MEV upgrade pushes decryption times down to under 1 second for ~500 transactions, with only 6KB communication and silent, non-interactive setup, a massive leap from earlier models.Could this finally be the breakthrough to make DeFi fair, private, and trustless again? ...

⚡️ RESEARCH: MEV thrives on mempool transparency. Threshold encryption flips that script by keeping transaction payloads encrypted until they are ordered into a block.Shutter is one of the pioneers in using threshold encryption to tackle MEV. https://t.co/lN0RFKPy7S ...

Blockchain Security - MEV (Miner Extractable Value) is a persistent issue, with approximately $300 thousand lost to sandwich attacks last month [1] - Threshold encryption offers protection by encrypting the mempool, hiding transactions until block inclusion [1] - Shutter pioneered threshold encryption, initially with per-epoch encryption, later improved to per-transaction encryption, now live on Gnosis Chain [1] Vulnerabilities - A critical flaw was revealed: when the epoch key was reconstructed, all transactions became public, including those not yet included in the block [2]

Key Concepts - Users and applications can now earn rewards from their transactions, a process they were previously excluded from [1] - This is presented as a productive form of MEV (Miner Extractable Value), distinct from malicious types, and does not negatively impact the user's trade [1] - Helius is releasing a new feature that allows users to earn SOL (Solana) for their transactions [1] Mechanism - Users send a transaction (buy/sell/swap) [1] - Searchers analyze the transaction [1] - Users capture the rewards generated by their transactions [1] Important Considerations - Participation in this reward system is completely optional [1] - The system aims to improve prices, user experience (UX), rewards, and overall market efficiency [1]

Project Launch - Arbiter MEV Capture Hook is live on PancakeSwap Infinity [1][2] - MEV rewards are redirected to LPs, starting with SOL-USDT pair on BNB Chain [1] Value Proposition - PancakeSwap LPs are positioned to receive a larger share of MEV CAKE [1] - The Arbiter Hook aims to deliver more value to Liquidity Providers [1]

On-Chain Trading Roles - The report identifies several roles within the on-chain trading ecosystem [1] - "Perps trader" indicates a focus on perpetual futures trading [1] - "MEV/HFT" suggests involvement in Miner Extractable Value and High-Frequency Trading strategies [1] Farming Strategies - "Stable farmer" points to strategies focused on earning yield with stablecoins [1] - "Airdrop farmer" indicates participation in activities to qualify for airdrops [1] Role Hierarchy - The report uses "top," "jungle," "adc," and "support" to categorize roles, possibly indicating a hierarchy or specialization within a team or community [1]