# The MEV Letter #18 **URL:** https://collective.flashbots.net/t/the-mev-letter-18/2762 **Category:** The Flashbots Ship **Tags:** links, the-mev-letter **Created:** [December 2, 2023, 10:34pm UTC](https://collective.flashbots.net/t/the-mev-letter-18/2762 "2023-12-02T22:34:36Z") **Posts on this page:** 1 **Page:** 1
### 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: [December 2, 2023, 10:34pm UTC](https://collective.flashbots.net/t/the-mev-letter-18/2762/1 "2023-12-02T22:34:36Z")
_ **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 - [Ethereum’s Supply Chain, Part 2](https://www.umbraresearch.xyz/writings/ethereum-supply-chain-part-2) by [Emperor](https://twitter.com/0x_emperor) gives an overview of the current state of ePBS research by defining design goals and analyzing current proposals. - [Ethereum’s Supply Chain, Part 1](https://www.umbraresearch.xyz/writings/ethereum-supply-chain-part-1) by [Emperor](https://twitter.com/0x_emperor) - [How I implemented Ethereum’s PBS using .NET Part 1](https://mirror.xyz/0x7f78523619b1bb5d95ea69B63ce95F006Ed5AD3F/rJpbRPhFbRSe70UfUN3e_SMTwVV-deQkA7Ye842B098) by [Stefan Lindberg](https://twitter.com/mevsharp) describes their initiative to implement MEV-Boost in .NET Core to increase client diversity. - Github: [mevsharp](https://github.com/mevsharp/mevsharp) by [Stefan Lindberg](https://twitter.com/mevsharp) - [Infrastructural Frontiers for Multi-Rollup World](https://mirror.xyz/sevenxventures.eth/iQ7i5BQLtDDqm9UROTyNLUMEtMkP3NbE5HoUSxORbLg) by[Grace Deng](https://twitter.com/yuxiao_deng) explore the infrastructure layer of a multi-rollup ecosystem with a focus on security, interoperability, and cost. - [Thread](https://x.com/yuxiao_deng/status/1730615774732329122?s=20) by [Grace Deng](https://twitter.com/yuxiao_deng) - [ETH Global Istanbul : Flashbot & Uniswap’s prize winners and insights about SUAVE](https://collective.flashbots.net/t/eth-global-istanbul-flashbot-uniswap-s-prize-winners-and-insights-about-suave/2724) by [ywzx](https://twitter.com/_ywzx) provides a summary of the winning submissions of the [UNISUAVE prizes](https://ethglobal.com/events/istanbul/prizes/flashbots) at ETHGlobal Istanbul. - [MEV Supply Chain: Trust but Verify](https://blog.uniswap.org/auditing-mev-supply-chain) by[Austin Adams](https://twitter.com/AustinAdams10),[Benjamin Chan](https://twitter.com/Vervious),[Sarit Markovich](https://www.linkedin.com/in/sarit-markovich-b0a6476/) and[Xin Wan](https://twitter.com/xin__wan) describes findings from their paper that showcase how _reordering slippage_ can hold private RPCs, relayers, and builders accountable to users sending private transactions. - Paper: [The Costs of Swapping on the Uniswap Protocol](https://arxiv.org/pdf/2309.13648.pdf) by[Austin Adams](https://twitter.com/AustinAdams10),[Benjamin Chan](https://twitter.com/Vervious),[Sarit Markovich](https://www.linkedin.com/in/sarit-markovich-b0a6476/) and[Xin Wan](https://twitter.com/xin__wan) - [UniswapX: Moving toward intent-centric swaps](https://mirror.xyz/0xsuperscrypt.eth/QW4_mfwyoiXaOXt57sxhxWRt9CRnXodpaWV0CgMBQo0) by [Hitesh Joshi](https://twitter.com/0xheyjo) dives into the UniswapX design and the potential impact on LPs, centralization and cross-chain swaps. - [Resilient Shared Sequencers](https://hackmd.io/@0xtrojan/shared_sequencers) by [Rohan Shrothrium](https://twitter.com/0xshrothrium/status/1729217502356377899?s=52) explores how shared sequencers using pipelined BFT might be vulnerable to attacks and presents potential solutions. - [Thread](https://twitter.com/0xshrothrium/status/1729217502356377899?s=52) by [Rohan Shrothrium](https://twitter.com/0xshrothrium/status/1729217502356377899?s=52) # Posts & threads - [Danning Sui](https://twitter.com/sui414) published a [thread](https://twitter.com/sui414/status/1730375530003009755) that highlights the emerging trend of private mempools and the impact this has on the builder- and solver markets. - Dune Dashboard: [Mempool Hygrometer](https://dune.com/flashbots/mempool-hygrometer) by [Danning Sui](https://twitter.com/sui414) - [Danning Sui](https://twitter.com/sui414) published a [thread](https://twitter.com/sui414/status/1728182323445960807) that delves into the market share of fillers from the first $1b of volume on UniswapX. - Dune Dashboard: [Uniswap X](https://dune.com/flashbots/uniswap-x) by [Danning Sui](https://twitter.com/sui414) - [Uniswap Foundation](https://twitter.com/UniswapFND) published a [thread](https://twitter.com/UniswapFND/status/1730274368981495907) to celebrate the [UNISUAVE](https://ethglobal.com/events/istanbul/prizes/flashbots) prize winners that showcased innovative use cases of Uniswap V4 hooks and SUAVE at ETHGlobal Istanbul. - [Toni Wahrstätter](https://twitter.com/nero_eth) published a [thread](https://twitter.com/nero_eth/status/1728680630773575956?s=52) as a response to [the blog post](https://p2p.org/economy/unlock-p2p-orgs-mev-enhancement-feature/) by [P2P](https://twitter.com/P2Pvalidator) that describes how they get more valuable bids by delaying the relay request by the proposer. - [Response](https://twitter.com/vladismint/status/1728786638535348530?s=52) by [Vlad Kurenkov](https://twitter.com/VladisMint) - [Caspar Schwarz-Schilling](https://twitter.com/casparschwa) published a [thread](https://twitter.com/casparschwa/status/1728879324265365752?s=52) on the negative implications and downstream effects of Ethereum proposers participating in timing games. - [Response](https://twitter.com/vladismint/status/1729447374286688761?s=52) by [Vlad Kurenkov](https://twitter.com/VladisMint) - [arixon.eth](https://twitter.com/arixoneth) published a [thread](https://twitter.com/arixoneth/status/1729567265064976397?s=52) that explores rollup sequencing and the different ways it can be done. - [Sebastian Bürgel](https://twitter.com/SCBuergel) published a [thread](https://twitter.com/SCBuergel/status/1730199192302235688?s=20) that summarizes their talk from [censorship.wtf](http://censorship.wtf/) titled; [The Dark Endgame of CL, EL & Application Layers Without IP-level Privacy](https://tan-junior-cephalopod-107.mypinata.cloud/ipfs/QmXkuPRZnDeWEXGYLrWXxmbg1pAWPuRRABgBN5fRmeG8wC?_gl=1*fn50pr*_ga*ODM3NDkwMDUuMTcwMDI5ODc1MA..*_ga_5RMPXG14TE*MTcwMDMwNTc3Ny4yLjEuMTcwMDMwNTk4OS40NC4wLjA.). - [Dappnode](https://twitter.com/DAppNode) published a [thread](https://x.com/DAppNode/status/1730257622744379729?s=20) that introduces [Smooth](https://docs.dappnode.io/docs/smooth/); a smoothing pool for solo stakers that distributes proposer rewards. # Talks & Discussions - [Bankless](https://twitter.com/BanklessHQ): [How They Solved Ethereum’s Critical Flaw](https://www.youtube.com/watch?v=j3ZM2ZdUWXU) invites [Phil Daian](https://twitter.com/phildaian) and [Andrew Miller](https://twitter.com/socrates1024) for a deep dive into SUAVE. - [Thread](https://twitter.com/BanklessHQ/status/1729138573272809861) by [Bankless](https://twitter.com/BanklessHQ) - [Hot Take Series](https://lu.ma/battle-of-the-l2s) by [Avail](https://twitter.com/AvailProject): [Do Sequencers Matter?](https://www.youtube.com/watch?v=ub-IxvVKsmM) by [Toghrul Maharramov](https://twitter.com/toghrulmaharram) discusses the roles of sequencers and how they might evolve and decentralize going forward. - [Ava Labs x CBER](https://owlexplains.com/ava-labs-x-cber): [Loss-Versus-Rebalancing (LVR) at Decentralized Exchanges](https://owlexplains.com/ava-labs-x-cber?id=ep5-loss-versus-rebalancing-at-decentralized-exchanges) invites [Ciamac Moallemi](https://twitter.com/ciamac) to give an overview of LVR and proposed solutions to reduce it. - [Fenbushi Capital Research Workshop - MEV & Orderflow & PBS](https://lu.ma/MEVfenbushi) by [Fenbushi Capital](https://twitter.com/fenbushi) invited researchers to share insights on relay incentives, OFAs, integrated searcher-builders, and more. - [Competitive Relays](https://youtu.be/kumD7njaCcU?si=uDNpeLIqf2T4r7lX&t=750) by [Alex](https://twitter.com/alextes) - [Orderflow, Mempool & Block Building](https://www.youtube.com/watch?v=kumD7njaCcU&t=2490s) by [Danning Sui](https://twitter.com/sui414) - [Panel On The Order Flow Landscape](https://youtu.be/kumD7njaCcU?si=X5Bs-QsQnfWhCQMn&t=3992) with [Quintus Kilbourn](https://twitter.com/0xQuintus),[Barnabé Monnot](https://twitter.com/barnabemonnot),[Julian Ma](https://twitter.com/_julianma),[Thomas Thiery](https://twitter.com/soispoke) and[Toni Wahrstätter](https://twitter.com/nero_eth). - [Structural Advantages of Integrated Builders: Beyond Latency](https://youtu.be/kumD7njaCcU?si=7O4wT9sDIkBwc9ay&t=7305) by [Max Resnick](https://twitter.com/MaxResnick1) - [Observability Challanges in Ethereum PBS - A Practical Case Study on Order Flow Auctions](https://www.youtube.com/watch?v=kumD7njaCcU&t=9161s) by [Blair Marshall](https://twitter.com/blairlmarshall) - [STAKESURE: Proof of Stake Mechanisms with Strong Cryptoeconomic Security](https://youtu.be/kumD7njaCcU?si=SQd1WNSJDPGTJRau&t=10448) by [Soubhik Deb](https://twitter.com/soubhik_deb) - [MEV x Account Abstraction - Atlas x SUAVE](https://youtu.be/kumD7njaCcU?si=t_Uks6hkFgy8jX1M&t=12561) by [Alex Watts](https://twitter.com/ThogardPvP) - [Internalizing MEV Leakage in AMMs](https://www.youtube.com/watch?v=kumD7njaCcU&t=14991s) by [Ludwig Thouvenin](https://twitter.com/0xvanbeethoven) and [Karthik Srinivasan](https://twitter.com/0xMozart) - [ETHStaker’s Staking Gathering](https://ethstaker.cc/#staking-gathering) by [ETHStaker](https://twitter.com/ethStaker) explored Ethereum staking, crypto-economics, and protocol design. - [Censorship Resistance Before ePBS](https://www.youtube.com/watch?v=ONZG4wqc2VM) by [Kydo](https://twitter.com/0xkydo) - [Increase the MAX\_EFFECTIVE\_BALANCE](https://www.youtube.com/watch?v=d_cpJtvv5cE) by [Mike Neuder](https://twitter.com/mikeneuder) - [Beacon chain design mistakes](https://www.youtube.com/watch?v=10Ym34y3Eoo) by [Justin Drake](https://twitter.com/drakefjustin) - [Checks and Balances - Maintaining rationality across the stack](https://www.youtube.com/watch?v=i3SdCpi6GKc) by [Danny Ryan](https://twitter.com/dannyryan) - [Guarding Ethereum: Protecting Staking Pools from MEV Theft in the Upcoming Dencun Era](https://www.youtube.com/watch?v=ebt_4W0rCII) by [Ken Smith](https://twitter.com/nextblock_eth) - [Smooth your MEV Rewards as a Solo Staker](https://www.youtube.com/watch?v=1IwUipFc4eY) by [Alvaro Revuelta](https://es.linkedin.com/in/alvarolopezrevuelta) - [TrustX](https://www.secureum.xyz/trustx/#schedule) by [Secureum](https://twitter.com/TheSecureum) brought together researchers and analysts to discuss Ethereum security from the perspectives of protocols, projects or products. - [In-Depth Exploration of Front-Running Protection](https://www.youtube.com/watch?v=Nx6yp3ZofwQ) by [Tony Ke](https://twitter.com/tonyke_bot) - [Unpacking the Debate: Trusted Execution Environments (TEEs) in Web3](https://www.youtube.com/watch?v=Ce78eUfoQdU) by [Zheng Leong Chua](https://twitter.com/melynx) - [Exploring the Secret World of Trusted Execution Environments](https://www.youtube.com/watch?v=XJWkdKvQmD4) by [Zheng Leong Chua](https://twitter.com/melynx) # Upcoming events - Dec 6-7: [Columbia CryptoEconomics (CCE) Workshop 2023](http://columbiacryptoeconomics.org/) will host talks and keynotes on MEV, Ethereum staking economics, mechanism design and more. - Dec 14: [MEV-Boost Community Call #7](https://collective.flashbots.net/t/mev-boost-community-call-7-14-december-2023/2737) by [Alex Stokes](https://twitter.com/ralexstokes) invites the MEV-Boost community to discuss ecosystem updates and the specification- and implementation details of Deneb. # Other - [Eden Public Data](https://docs.edennetwork.io/public-data/overview/) by [Eden Network](https://twitter.com/EdenNetwork) is a public dataset collection from MEV-Boost relays including historical [bids](https://docs.edennetwork.io/public-data/:highlight%5Bmev%5D-:highlight%5Bboost%5D/bids/%20https://console.cloud.google.com/bigquery?p=eden-data-public&d=mev_boost&page=dataset) and [payloads](https://docs.edennetwork.io/public-data/:highlight%5Bmev%5D-:highlight%5Bboost%5D/payloads/%20https://console.cloud.google.com/bigquery?p=eden-data-public&d=mev_boost&t=bids&page=dataset), with more to come. - [Thread](https://twitter.com/edennetwork/status/1729500838513524754?s=52) by [Eden Network](https://twitter.com/EdenNetwork) - [Forum Topic](https://collective.flashbots.net/t/mev-boost-public-data-relay-bids-and-payloads/2734) by [Caleb](https://twitter.com/calebsheridan?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor) - [Titania Research](https://scandalous-stick-9ab.notion.site/Titania-Research-587cd20f07b14d259fa7d5c8d9646fc9) is a research group formed to propose and develop solutions related to block construction, MEV supply chain, centralization, and censorship on Ethereum. - [Thread](https://twitter.com/keccak254/status/1730482733745607067?s=52) by [vita](https://twitter.com/keccak254) * * * ✉ [**Sign up here**](https://forms.gle/Qr6MEUkVa13TDipW6) if you’d like to get The MEV Letter straight to your inbox! [Previous editions of The MEV Letter ](https://collective.flashbots.net/tag/the-mev-letter)[Join Flashbots ⚡ 🤖](https://www.flashbots.net/jobs)