# The MEV Letter #10

**URL:** https://collective.flashbots.net/t/the-mev-letter-10/2474
**Category:** The Flashbots Ship
**Tags:** links, the-mev-letter
**Created:** [September 26, 2023, 3:27pm UTC](https://collective.flashbots.net/t/the-mev-letter-10/2474 "2023-09-26T15:27:26Z")
**Posts on this page:** 1
**Page:** 1

<div class="post-metadata">

### Author: ![Fred](https://collective.flashbots.net/user_avatar/collective.flashbots.net/fred/32/1288_2.png) [@Fred](https://collective.flashbots.net/u/Fred)
#### Post date: [September 26, 2023, 3:27pm UTC](https://collective.flashbots.net/t/the-mev-letter-10/2474/1 "2023-09-26T15:27:26Z")

</div>

_ **The MEV Letter** _ is a weekly collection of papers, articles and resources related to MEV. The intention of this letter is to provide a comprehensive summary of the latest research, discussions, and developments in the space, with links for further reading.

See our [Transparency Reports](https://collective.flashbots.net/tag/transparency-report) for deeper dives into updates related to Flashbots.

# Papers & Articles

- [Structural Advantages for Integrated Builders in MEV-Boost](https://github.com/MaxResnick/Papers/blob/main/Latency_Advantages_in_PBS%20(4).pdf) by [Mallesh Pai](https://twitter.com/malleshpai) and [Max Resnick](https://twitter.com/MaxResnick1) looks at integrated searcher-builders and how they outcompete neutral builders though CEX/DEX arbitrage.
  - [Thread](https://twitter.com/MaxResnick1/status/1705320727162077235?s=20) by [Max Resnick](https://twitter.com/MaxResnick1)

- [Optimal Dynamic Fees for Blockchain Resources](https://arxiv.org/abs/2309.12735) by [Davide Crapis](https://twitter.com/DavideCrapis/),[Ciamac C. Moallemi](https://twitter.com/ciamac) and[Shouqiao Wang](https://twitter.com/Qiaoqiao2001) introduces a framework for designing dynamic fee mechanisms for multiple network resources.
  - [Thread](https://twitter.com/DavideCrapis/status/1706345726966460855?t=rZgym4brMYkI4TmN3Ib9aA&s=19) by [Davide Crapis](https://twitter.com/DavideCrapis/)

- [Ethereum’s Supply Chain, Part 1](https://www.umbraresearch.xyz/writings/ethereum-supply-chain-part-1) by [Emperor](https://twitter.com/0x_emperor) explores the past, present, and future of the Ethereum’s supply chain, with a focus on issues with the current architecture under PoS and MEV-Boost.
- [Enablement of MEV and the Morals of Extracting](https://www.cryptofrens.info/p/enablement-of-mev-and-the-morals) by [Patrick McCorry](https://twitter.com/stonecoldpat) delves into the ethical considerations of MEV and the concept of _fairness_ in transaction ordering.
- [Lessons Earned One Year Post-Merge: Unraveling PBS and its effect on MEV, Block Building, and the Ethereum Network](https://www.blocknative.com/blog/one-year-post-merge-ethereum) by [Sajida Zouarhi](https://twitter.com/sajidazouarhi) review the first year since the Merge, with a focus on MEV, PBS and decentralization.
- [Navigating Ethereum’s 2024 Consensus Landscape](https://terencechain.substack.com/p/navigating-ethereums-2024-consensus)by [Terence Tsao](https://twitter.com/terencechain) looks at the potential next steps for the Ethereum consensus layer, including work on stability, scalability, and reducing tech debt.
- [Introducing ERC-7521: Generalized Intents for Smart Contract Wallets](https://blog.essential.builders/introducing-erc-7521-generalized-intents/) by [Stephen Monn](https://blog.essential.builders/author/stephen/) introduce [ERC-7521](https://github.com/essential-contributions/EIPs/blob/master/EIPS/eip-7521.md?ref=blog.essential.builders) as a standard for creating generalized intents in smart contract wallets.
  - [Thread](https://twitter.com/intentessential/status/1704173138228171044) by [Essential](https://twitter.com/intentessential)

- [An Introduction to Intents and Intent-centric Architectures](https://anoma.net/blog/an-introduction-to-intents-and-intent-centric-architectures) by [Awa Sun Yin](https://twitter.com/awasunyin) looks at generalized intents, intent-centric architectures, and what properties they provide to dApps.
- [Typhon’s Chimera Chains](https://anoma.net/blog/chimera-chains) by [Isaac Sheff](https://twitter.com/IsaacSheff) describes how Anoma’s Chimera Chains generalize shared sequencers and enable stronger cross-chain atomicity guarantees.
  - [Thread](https://x.com/IsaacSheff/status/1704964315311141265?s=20) by [Isaac Sheff](https://twitter.com/IsaacSheff)

# Posts & threads

- [Making PEPC-DVT private with BLS Blinded Multi-Signatures](https://ethresear.ch/t/making-pepc-dvt-private-with-bls-blinded-multi-signatures/16692) by [diego](https://twitter.com/0xfuturistic) explores how BLS Blinded Multi-Signatures can keep the block content private while obtaining signatures from the DVT network.
  - [Thread](https://twitter.com/0xfuturistic/status/1704875044693065908?t=MBUNa46OuJTKticw-iohBw&s=19) by [diego](https://twitter.com/0xfuturistic)

- [A decentralised solver architecture for executing intents on EVM blockchain](https://ethresear.ch/t/a-decentralised-solver-architecture-for-executing-intents-on-evm-blockchain/16608?u=rishotics) by [Nitanshu Lokhande](https://twitter.com/NitanshuL) and [Haque Farazul](https://twitter.com/haque5farazul) introduces _Abstracted Transaction Objects_ (ATOs) to capture operation-specific information and optimize user intents.
- [Grace Deng](https://twitter.com/yuxiao_deng) published [a thread](https://twitter.com/yuxiao_deng/status/1704502949488033896?s=20) on proposer commitments (PCs) that categorizes the various alternatives and explores ways they can be combined.
- [Robert Miller](https://twitter.com/bertcmiller) published [a post](https://twitter.com/bertcmiller/status/1704171687283966412?s=20) to highlight how users of Flashbots Protect can send private transactions to additional builders for _much faster_ inclusion times while benefitting from the same privacy guarantees and MEV refunds.

# Talks & Discussions

- [Summer '23 Research Seminars](https://www.youtube.com/playlist?list=PLjQ9HCQMu_8xtsmVfxruRRWU9qdQsgGYI) by [a16z crypto](https://twitter.com/a16zcrypto) has been expanded with recordings from 4 presentations related to MEV:
  - [Automated Market Making and Arbitrage Profits in the Presence of Fees](https://www.youtube.com/watch?v=Hth4P4tMVnY) by [Ciamac C. Moallemi](https://twitter.com/ciamac)
  - [High-Frequency Trading and the Design of Financial Markets](https://www.youtube.com/watch?v=OwQjTedWSUM) by [Eric Budish](https://www.linkedin.com/in/ebudish?original_referer=https%3A%2F%2Fwww.google.com%2F)
  - [Transaction Fee Mechanism Design with Active Block Producers](https://www.youtube.com/watch?v=VAFy6JZxtT4) by [Pranav Garimidi](https://twitter.com/PGarimidi)
  - [Trusted Execution Environments (TEEs) for Blockchain Applications](https://www.youtube.com/watch?v=Xq7oWtiwWII) by [Ari Juels](https://twitter.com/AriJuels)

- [Based rollups and decentralized sequencing](https://twitter.com/i/spaces/1YqxoDeqywZKv) hosted by [Taiko](https://twitter.com/taikoxyz/) invites [Justin Drake](https://twitter.com/drakefjustin), [Ben Fisch](https://twitter.com/benafisch), [Tomasz K. Stańczak](https://twitter.com/tkstanczak) and [Daniel Wang](https://twitter.com/daniel_taikoxyz) to discuss based rollups, decentralized sequensing, MEV on L2, and SUAVE.

# Other

- [ePBS – the infinite buffet](https://notes.ethereum.org/@mikeneuder/infinite-buffet) by [Mike Neuder](https://twitter.com/mikeneuder) provides an overview of the evolving discourse related to ePBS, including (1) in-protocol designs, (2) out-of-protocol proposals, and (3) open questions.
- [censorship.pics](https://t.co/1Pnbe14NLG) by [Toni Wahrstätter](https://twitter.com/nero_eth) is a dashboard that sheds light on the extent of censorship at the different layers of PBS by looking at validators, relays, and builders.
  - [Thread](https://twitter.com/nero_eth/status/1706594750155931953?t=VSAWwv7Du1BnwWLVacoiFg&s=19) by [Toni Wahrstätter](https://twitter.com/nero_eth)

- [Memswap.xyz](https://www.memswap.xyz/) is an alpha release of a MEV-aware protocol for swapping tokens and NFTs using intents and solvers.
  - [Thread](https://twitter.com/ptrwtts/status/1704202560272306353?t=cZFFFF3m5ncMa9kGrbgJ3w&s=19) by [Peter](https://twitter.com/ptrwtts)

# Upcoming events

- Sept 27th: [ETHconomics at Devconnect](https://twitter.com/i/spaces/1jMKgmgZzolJL) invites [Barnabé Monnot](https://twitter.com/barnabemonnot), [Julian Ma](https://twitter.com/_julianma) and [Christine Kim](https://twitter.com/christine_dkim) to discuss all things [ETHconomics](https://efdn.notion.site/ETHconomics-2-15-11-2023-f3ff71566e8140bfa832c2462288a14c?pvs=4) ahead of the Devconnect event on November 15th.
- Oct 5th: [MEV-Boost Community Call #6](https://collective.flashbots.net/t/mev-boost-community-call-6-5-october-2023/2454) hosted by [Alex Stokes](https://twitter.com/ralexstokes) invites the MEV-Boost ecosystem to discuss Deneb updates, open questions and new proposals.

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