MEV is the Millennium Prize Problem of crypto. We are deeply convinced that the value to be unlocked through coopetition in MEV is monumental. We believe that the sum is greater than its parts and that we can align the best possible execution with the most decentralized infrastructure. We commit to preserving the decentralization and respecting the preferences of every user and every domain that MEV touches.
- After successfully isolating the centralizing effects of MEV to the block builder role, we turn ourselves toward a new challenge: to decentralize block building itself. Exclusive orderflow and cross-domain MEV present emerging centralization threats to all cryptocurrencies, so we must make sure to keep MEV decentralized, or the decentralization of crypto will be lost.
- To hold ourselves to our decentralization commitments, we are building SUAVE - the Single Unifying Auction for Value Expression.
- SUAVE unbundles the mempool and block builder role from existing blockchains and offers a highly specialized and decentralized plug-and-play alternative. Sharing the same sequencing layer allows crypto to stay decentralized, block builders to capture cross-domain MEV, validators to maximize their revenue, and users to transact with the best execution, while reducing the economic centralization pressure on each domain.
- We are building SUAVE in the open and invite all interested parties — users, wallets, searchers, builders, researchers, and blockchain developers — to work with us.