# The MEV Letter #3 **URL:** https://collective.flashbots.net/t/the-mev-letter-3/2144 **Category:** The Flashbots Ship **Tags:** links, the-mev-letter **Created:** [August 4, 2023, 3:04pm UTC](https://collective.flashbots.net/t/the-mev-letter-3/2144 "2023-08-04T15:04:16Z") **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: [August 4, 2023, 3:04pm UTC](https://collective.flashbots.net/t/the-mev-letter-3/2144/1 "2023-08-04T15:04:16Z")
_ **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. * * * # Articles - [PEPC FAQ](https://efdn.notion.site/PEPC-FAQ-0787ba2f77e14efba771ff2d903d67e4) by [Barnabé Monnot](https://twitter.com/barnabemonnot) dives into the philosophy and architecture of PEPC and how it compares to Eigenlayer, SUAVE and ABCI++. The post also introduces two new designs: In-protocol MEV-capture using PEPC, and Out-of-protocol PEPC with PEPC-Boost. - [Game-theoretic Model for MEV-boost Auctions (MMA)](https://ethresear.ch/t/game-theoretic-model-for-mev-boost-auctions-mma/16206) by [soispoke](https://twitter.com/soispoke) presents a game-theoretic model for MEV-boost auctions, where players bid as block builders and proposers act as auctioneers. - [Account Abstraction(AA): Link Web3 and Web2](https://mirror.xyz/0x55a0c204c6fDd0DCf238430cb4BF79D45e8D9Bc3/BuNVzejowvUs0aYJrhp9TYNIqWE8ejwRKW4jbvr6A7A) by [YQ](https://twitter.com/jiayaoqi/) delves into the “intricacies of account abstraction, tracing its evolution, present state, and future trajectory, while addressing key questions revolving around this topic.” - [Tweet-thread](https://twitter.com/jiayaoqi/status/1686818558326784000?t=KTRbv9SkWDQRk7PyBvU_Hw&s=19) by [YQ](https://twitter.com/jiayaoqi/) - [Intent-Based Architectures and Projects Experimenting with Them](https://bwetzel.medium.com/intent-based-architectures-and-projects-experimenting-with-them-c3ee63ae24c) by [Bastian Wetzel](https://twitter.com/bastian_wetzel) gives an overview of projects working on intent-based architectures, enabling users to express their desired outcomes, rather than specifying each transaction. - [Tweet-thread](https://twitter.com/bastian_wetzel/status/1686255619177648128?t=a7c87qi1lVXfRuBZ9pdTwA&s=19) by [Bastian Wetzel](https://twitter.com/bastian_wetzel) - [Curve Pool Reentrancy Exploit Postmortem July 30th, 2023](https://hackmd.io/@LlamaRisk/BJzSKHNjn) by [LlamaRisk](https://twitter.com/LlamaRisk) looks at the reentrancy bug in (certain versions of) the Vyper compiler that led to 4 Curve pools being drained on July 30th. The exploit resulted in the second highest daily payout to proposers through MEV-Boost with [7186 ETH](https://mevboost.pics/). # Posts & threads - [Capture the Flag 🏴‍☠️](https://collective.flashbots.net/t/capture-the-flag/2100) by [Shea Ketsdever](https://twitter.com/SheaKetsdever) introduces [MEV-Share CTF](https://ctf.flashbots.net/) – a capture the flag event using MEV-Share on Goerli running from Aug 5-7th. The CTF consists of 10 flags that are activated by specific transactions or bundles, with points awarded to searchers based on difficulty. - [The MEV Workshop at the Science of Blockchain Conference 2023 (MEV-SBC ’23)](https://collective.flashbots.net/t/the-mev-workshop-at-the-science-of-blockchain-conference-2023-mev-sbc-23/2038) by [Sarah Allen](https://twitter.com/sarahalle_) announces the MEV-SBC workshop on Aug 31st at Stanford University. The event will highlight important MEV research from the past year and present new research problems for the community to prioritize. - [Should builder discard failed transactions from bundles when they’re specified as reverting transaction hashes?](https://collective.flashbots.net/t/should-builder-discard-failed-transactions-from-bundles-when-theyre-specified-as-reverting-transaction-hashes/2039) by [Wasif Iqbal](https://twitter.com/wazzymandias) seeks community feedback on whether the Flashbots builder should discard failed transactions from bundles when they’re specified as reverting transaction hashes. - [Grace Deng](https://twitter.com/yuxiao_deng) published [a thread](https://twitter.com/yuxiao_deng/status/1686031593893412864?t=ZVtzprpxM4NJqSc8hv20TA&s=19) on intents, providing an overview of the current landscape with a closer look at CowSwap hooks, UniswapX and the MEVM on SUAVE. - [Thogard](https://twitter.com/ThogardPvP) published [a thread](https://twitter.com/ThogardPvP/status/1684921684305022977?t=xJvao64qC3PIpbsqtZoY7w&s=19) detailing the “Hook of Divine Sandwiches”, a Uniswap v4 hook that aims to minimize LVR/IL by leveraging sandwiches as a way that benefits the LPs of the pool. - [JK](https://twitter.com/jonathankingvc) published [a thread](https://twitter.com/jonathankingvc/status/1686412534696251392?t=wMvNs8xkzoTY2HrA845OZQ&s=19) of their takeaways looking at various organizations in the MEV space and how the landscape might evolve going forward. # Other - [Reorg.pics](https://www.reorg.pics/) by [Toni Wahrstätter](https://twitter.com/nero_eth) is a dashboard that visualizes missed slots on Ethereum with breakdowns of CL-clients, proposers, relays and builders. - [Tweet-thread](https://twitter.com/nero_eth/status/1686347380159926272?t=LsGXOS3ldDXKfZkZytVOTA&s=19) by [Toni Wahrstätter](https://twitter.com/nero_eth) - [MEV at the Crossroads | MEV Decoded Part 3](https://twitter.com/blocknative/status/1684274493068546048?t=DNKtKopxmAiJrVGaH-xsvw&s=19) hosted by [Blocknative](https://twitter.com/blocknative) with guests [@ballsyalchemist](https://twitter.com/ballsyalchemist) [Sophie\_EigenPhi](https://twitter.com/Sophie_EigenPhi), [Blair Marshall](https://twitter.com/blairlmarshall) and [Tony Denyer](https://twitter.com/tonydenyer) explore the future of MEV through the lens of transaction data analysis. - [DeFi 2.0: How This Changes Everything with Paradigm’s Head of Research, Dan Robinson](https://www.youtube.com/watch?v=h4gzZib0j48) invites [Dan Robinson](https://twitter.com/danrobinson) to talk about UniswapX and how it will impact the AMM landscape including MEV, chain interoperability and the introduction of new off-chain actors. - [MEV-Week Paris](https://mev.space) has been updated with additional recordings and slides from MEV-related events in Paris. The page will continuously be updated over the next couple of weeks as more recordings are being uploaded. # Upcoming events - Aug 5-7: [MEV-Share CTF](https://collective.flashbots.net/t/capture-the-flag/2100). - Aug 8: [Pantera Capital MEV Conference call](https://twitter.com/PanteraCapital/status/1686376762949992448?t=euLK31HLQ4UVIxvypjbWDw&s=19) with [Matt Stephenson](https://twitter.com/stephensonhmatt) and [Quintus](https://twitter.com/0xQuintus). - Aug 10: [Mechanism Design Deep Dive](https://twitter.com/Blockworks_/status/1687187638401286144?t=8G_RIBZaHCKMMcYMFEd1Pg&s=19) with [Blockworks Research](https://twitter.com/blockworksres) and [SMG](https://twitter.com/specialmech) to dive into censorship, private orderflow and MEV. - Aug 17: [MEV-Boost Community Call #5](https://collective.flashbots.net/t/mev-boost-community-call-5-17-august-2023/2124) hosted by [Alex Stokes](https://twitter.com/ralexstokes) will discuss Deneb, including spec and implementation updates, as well as [eth\_validatePayload](https://notes.ethereum.org/Owy6Hb_oRfe7lUZaLeZWqA)and [validator registrations onchain](https://notes.ethereum.org/W-rfDoXkSZSwZ8k4oOlE0g). - Aug 18: [ETHPortland Summit](https://2023.ethportland.com/) will have [Danning Sui](https://twitter.com/sui414) present insights on MEV data. - Aug 31: [MEV-SBC workshop](https://collective.flashbots.net/t/the-mev-workshop-at-the-science-of-blockchain-conference-2023-mev-sbc-23/2038). * * * ✉ [**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/search?q=the%20mev%20letter) ![px](https://collective.flashbots.net/uploads/default/original/2X/c/ca60e38032b234ad59a56965fe98b2abf584da78.png)