# The MEV Letter #77 **URL:** https://collective.flashbots.net/t/the-mev-letter-77/4736 **Category:** The Flashbots Ship **Tags:** the-mev-letter **Created:** [March 4, 2025, 2:36pm UTC](https://collective.flashbots.net/t/the-mev-letter-77/4736 "2025-03-04T14:36:01Z") **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: [March 4, 2025, 2:36pm UTC](https://collective.flashbots.net/t/the-mev-letter-77/4736/1 "2025-03-04T14:36:01Z")
_ **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. * * * # Papers & Articles - [The Block Auction Arms Race](https://collective.flashbots.net/t/the-block-auction-arms-race/4734) by @dataalways examines the evolving bidding patterns in MEV-Boost over the past two years, and the increasing importance of latency and relay optimizations. - [Thread](https://x.com/Data_Always/status/1896580394646200785) by @dataalways - [Welcoming a new EF leadership structure](https://blog.ethereum.org/2025/03/01/leadership-announcement) by [Ethereum Foundation](https://ethereum.foundation/) announces the appointment of [Hsiao-Wei Wang](https://x.com/hwwonx) and[Tomasz Stańczak](https://twitter.com/tkstanczak) to _co-Executive Directors_ of the Ethereum Foundation. - [Thread](https://x.com/ethereumfndn/status/1895851576251826227) by [Ethereum Foundation](https://ethereum.foundation/) - [Post](https://x.com/hwwonx/status/1895854936916639830) by[Hsiao-Wei Wang](https://x.com/hwwonx) - [Post](https://x.com/tkstanczak/status/1895854479599091871) by [Tomasz Stańczak](https://twitter.com/tkstanczak) - [Post](https://x.com/AyaMiyagotchi/status/1895852760874303814) by [Aya Miyaguchi](https://x.com/AyaMiyagotchi) - [A new chapter in the infinite garden](https://blog.ethereum.org/2025/02/25/aya-announcement) by [Aya Miyaguchi](https://x.com/AyaMiyagotchi) announces her transition from _Executive Director_ to _President_ of the [Ethereum Foundation](https://ethereum.foundation/) while emphasizing Ethereum’s core values of decentralization, resilience, and credible neutrality. - [Post](https://x.com/AyaMiyagotchi/status/1894422130462249185) by[Aya Miyaguchi](https://x.com/AyaMiyagotchi) - [Post](https://x.com/VitalikButerin/status/1894421753465643265) by[Vitalik Buterin](https://vitalik.eth.limo/) - [Building for the long-term: making Base faster, simpler, and more powerful](https://base.mirror.xyz/HwG1GQ5hoxz0OTOF_nQhNcVTk4Ae9cRIrcqVQ14N4-c) by [Base](https://www.base.org/) presents three new upgrades to Base — [_Flashblocks_](https://writings.flashbots.net/introducing-rollup-boost) for 10x speed, _Base Appchains_ for L3 scalability, and _Smart Wallet Sub Accounts_ for streamlined UX. - [Thread](https://x.com/base/status/1895222961789116481) by [Base](https://www.base.org/) - [Thread](https://x.com/buildonbase/status/1895223243713458184) by [Build on Base](https://x.com/buildonbase) - [Post](https://x.com/gakonst/status/1895276902203695568) by [Georgios Konstantopoulos](https://x.com/gakonst) - [Sealed transactions](https://ethresear.ch/t/sealed-transactions/21859) by [Anders Elowsson](https://x.com/weboftrees) presents a design to mitigate MEV via an encrypted mempool where transactions are committed in one block and revealed in a subsequent block. - [Post](https://x.com/weboftrees/status/1895823316671225882) by [Anders Elowsson](https://x.com/weboftrees) - [Smart Account Encrypted Mempools](https://ethresear.ch/t/smart-account-encrypted-mempools/21834) by[Marc Harvey-Hill](https://x.com/marchhill1) explores the concept of using smart accounts to validate that encrypted mempool rules are followed. - [Post](https://x.com/marchhill1/status/1894774608248578248) by[Marc Harvey-Hill](https://x.com/marchhill1) - [Selfish mining under general stochastic rewards](https://arxiv.org/abs/2502.20360) by[Maryam Bahrani](https://www.mbahrani.net/),[Michael Neuder](https://twitter.com/mikeneuder), and[S. Matthew Weinberg](https://www.cs.princeton.edu/~smattw/) presents a framework for analyzing selfish mining strategies in Bitcoin under more general miner reward functions that could be stochastic, variable in time, and/or ephemeral. - [Thread](https://x.com/mikeneuder/status/1895530401374105797) by[Michael Neuder](https://twitter.com/mikeneuder) - [An Overview of Uniswap v4 for Researchers](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5152215) by[Brad Bachu](https://x.com/BradBachu), [Joel Hasbrouck](https://www.stern.nyu.edu/faculty/bio/joel-hasbrouck), [Fahad Saleh](https://x.com/cryptoeconprof), and[Xin Wan](https://x.com/xin__wan) provides an overview of [Uniswap v4](https://v4.uniswap.org/) and details how hooks enable tailored liquidity pool designs such as dynamic trading fees, novel pricing rules, and new order types. - [Post](https://x.com/cryptoeconprof/status/1894754321927156218?s=52) by[Fahad Saleh](https://x.com/cryptoeconprof) - [Post](https://x.com/xin__wan/status/1894780015910195310) by[Xin Wan](https://x.com/xin__wan) - [Smart Contract Commitment Attacks](https://ethresear.ch/t/smart-contract-commitment-attacks/21835) by [Daji Landis](https://www.linkedin.com/in/daji-landis-03157b15a/) examines the game-theoretic implications of absolute commitments in smart contracts, with examples on MEV extraction and potential attacks on[EIP-1559](https://eips.ethereum.org/EIPS/eip-1559). - [Vote Buying as a Service, LobbyFi and DarkDAOs](https://www.cryptofrens.info/p/vote-buying-as-a-service-lobbyfi?utm_campaign=post&utm_medium=web) by [Patrick McCorry](https://x.com/stonecoldpat0) analyzes the emergence of _vote-buying-as-a-service_ in DAOs, detailing [LobbyFi](https://lobbyfi.xyz/)’s approach and the broader consequences for decentralized governance. - [Post](https://x.com/stonecoldpat0/status/1895463950067884261) by[Patrick McCorry](https://x.com/stonecoldpat0) - [Native Rollups - Promises and Challenges](https://scroll.io/research/native-rollups-promises-and-challenges) by [Mohammad Jahanara](https://x.com/MMJahanara) discusses the challenges and trade-offs in achieving L1 security with native rollups while maintaining rollup flexibility. - [Thread](https://x.com/scrollresearch/status/1894491254454718526) by [Scroll Research](https://scroll.io/research) - [Revisit Native Rollups](https://taiko.mirror.xyz/Mr5Fl0epl7ooCr5199yVrmGXWUV-IdYBHHtAwLXrp58) by [Jünger](https://x.com/Junger0x) explores native rollups, detailing their benefits and potential upgrades to improve efficiency. - [Thread](https://x.com/taikoxyz/status/1896531713242927500) by [Taiko](https://taiko.xyz/) - [Dynamic Blob Sizing: Reducing Zero-Padding Overhead in Small Rollups](https://ethresear.ch/t/dynamic-blob-sizing-reducing-zero-padding-overhead-in-small-rollups/21846) by [1xiaoxiao11111111](https://ethresear.ch/u/1xiaoxiao11111111/profile-hidden) proposes a dynamic blob sizing mechanism for [EIP-4844](https://www.eip4844.com/) that allows rollups to pay only for the space they use, without waiting to accumulate additional data. - [How To Make Cross-Chain Tokens Fungible Again: Part II](https://research.2077.xyz/how-to-make-cross-chain-tokens-fungible-again-part-ii#the-need-for-a-better-approach) by [Alex Hook](https://twitter.com/alexhooketh) and[Emmanuel Awosika](https://twitter.com/eawosikaa) details how[ERC-7281](https://ethereum-magicians.org/t/erc-7281-sovereign-bridged-tokens/14979) is designed to streamline cross-chain token transfers, reduce liquidity fragmentation, and give token issuers greater control over bridging mechanisms. - [Thread](https://x.com/2077research/status/1894811808403194222) by[2077 Research](https://research.2077.xyz/) - [Decentralized Random Block Proposal: Eliminating MEV and Fully Democratizing Ethereum](https://ethresear.ch/t/decentralized-random-block-proposal-eliminating-mev-and-fully-democratizing-ethereum/21856) by[malik](https://github.com/malik672) outlines a design intended to democratize block building and reduce MEV by having all nodes run the same block building algorithm. - [Introducing Gas Network](https://paragraph.xyz/@gas/introducing-gas-network) by [Blocknative](https://www.blocknative.com/) introduces [Gas Network](https://gas.network/) as a decentralized oracle protocol designed to bring Web3 gas markets onchain. - [Thread](https://x.com/mcutler/status/1894821310729199681) by[Matt Cutler](https://x.com/mcutler) # Posts & Threads - [caspar](https://twitter.com/casparschwa) published a [thread](https://x.com/casparschwa/status/1894799590135865499) detailing the current priorities of the [Robust Incentives Group](https://efdn.notion.site/Robust-Incentives-Group-RIG-Homepage-802339956f2745a5964d8461c5ccef02), focused on staking, scaling execution, and scaling data. - [Barnabé Monnot](https://barnabemonnot.com/) published a [thread](https://x.com/barnabemonnot/status/1895405264544936415) sharing publications and collaborations by [EF Research](http://research.ethereum.foundation) from the previous week. - [Tim Beiko](https://twitter.com/TimBeiko) published a [thread](https://x.com/TimBeiko/status/1895219970356949418) outlining the status of Holešky after Pectra activation, actions being taken to finalize the chain, and the unaffected timeline for Sepolia. - [PBS Foundation](https://pbs.foundation/) published a[thread](https://x.com/PBS_Foundation/status/1895292327947837627) summarizing[MEV-Boost community call #12](https://www.youtube.com/watch?v=Bpy_otcoimw) that discussed Pectra readiness,[BuilderNet](https://buildernet.org/), and more. - [Mikerah](https://x.com/badcryptobitch) published a[post](https://x.com/badcryptobitch/status/1894809846924320829) explaining how TEEs could have mitigated the [recent attack](https://learn.bybit.com/this-week-in-bybit/bybit-security-incident-timeline/) involving[Safe](https://safe.global/) and[Bybit](https://www.bybit.com/) by providing remote attestation to verify code integrity - [f(gautham)](https://x.com/gauthamzzz) published a [thread](https://x.com/gauthamzzz/status/1895239780159660105) detailing how Flashblocks on Base enables near-instant confirmations and the improvements this will bring to DeFi, gaming, and trading. - [Gattaca](https://www.gattaca.com/) published a[thread](https://x.com/gattacahq/status/1894781878596505691?s=52) announcing the launch of a based OP Stack devnet together with [LambdaClass](https://lambdaclass.com/). - [arixon.eth](https://x.com/arixoneth) published a [post](https://x.com/arixoneth/status/1895480634392633757) comparing the trade-offs between centralized sequencers and preconfirmation gateways for based rollups in terms of MEV, composability, and decentralization. - [The Latest in Defi Research](https://www.thelatestindefi.org/) published a[thread](https://x.com/thelatestindefi/status/1895169310202437633) highlighting an upcoming paper that compares execution welfare on solver platforms vs. traditional DEXes. # Talks & Discussions - [Recordings](https://youtube.com/playlist?list=PLAy4HNUNlzRmmKuiAVJcwnjMikeUBmluQ&si=vTomdWcQuMTwS8RM) from [ETHDenver](https://www.ethdenver.com/) have been uploaded: - [Scaling Ethereum for Everyone](https://www.youtube.com/watch?v=k7s3MNxOu0Y) with [Tom Vieira](https://x.com/neodaoist) and [Evin McMullen](https://x.com/provenauthority) - [The Dirty Secret of Solver Markets](https://www.youtube.com/watch?v=KR_lkwy7dAM) by[Gregory Markou](https://x.com/gregthegreek) - [Taking Ethereum Back to First Principles: tee/acc in 2025](https://www.youtube.com/watch?v=flABgpT6Bsw) by [Deli Gong](https://x.com/deligong) - [If You’re in Infra, Pivot to Apps: The Story Behind Unichain](https://www.youtube.com/watch?v=eFHqbtXR_2c) by [Zach Wong](https://zachrwong.info/) - [Leveraging MEV for Your Customers](https://www.youtube.com/watch?v=XPg7lAEkF58) with [Theo Powers](https://x.com/_theopowers) and [Carl DiClementi](https://x.com/CahlDee) - [Preconfirmations and Based Sequencing](https://www.youtube.com/watch?v=9I5yFmSjpeM) by [Irfan Shaik](https://x.com/i_shaix) - [Surveying Stakers: What We Learned About Stakers and Why It Matters](https://www.youtube.com/watch?v=o8G1LJY-eFQ) by [Jonathan Meyer](https://x.com/jwmeyer) - [Visions of Ethereum and the Path Ahead](https://www.youtube.com/watch?v=AQTA717brPY) by[Ben Jones](https://x.com/ben_chain) - [Indexed Podcast](https://x.com/indexed_pod): [The $1.5B Bybit Hack, Crypto’s Largest Hack Ever](https://www.youtube.com/watch?v=QCCj-zb8ZGY) by [hildobby](https://x.com/hildobby_),[Boxer](https://x.com/0xBoxer), and @sui414 discuss the [recent Bybit hack](https://learn.bybit.com/this-week-in-bybit/bybit-security-incident-timeline/) and the impact on DeFi. - [Post](https://x.com/indexed_pod/status/1895150868812701928) by [Indexed Podcast](https://x.com/indexed_pod) - [Post](https://x.com/sui414/status/1895171408940167278) by @sui414 - [Coordinated](https://x.com/0xcoordinated): [How Primev is Making Ethereum 10x Faster](https://www.youtube.com/watch?v=8RidNY08SGk) invites[Murat Akdeniz](https://x.com/MuratLite) for a conversation on preconfirmations, [mev-commit](https://github.com/primev/mev-commit), and [Primev](https://primev.xyz/). - [Post](https://x.com/0xcoordinated/status/1895106985038930409) by [Coordinated](https://x.com/0xcoordinated) - [Post](https://x.com/primev_xyz/status/1895119079658377225) by [Primev](https://primev.xyz/) - [Beam Call #2](https://www.youtube.com/watch?v=BtYb_guRq78) hosted by [Justin Drake](https://twitter.com/drakefjustin) invites speakers from the Beam Chain ecosystem to share research updates related to post-quantum cryptography. - [Agenda](https://github.com/ethereum/pm/issues/1336) by [Will Corcoran](https://x.com/corcoranwill) - [EIP-7732 breakout room #17](https://www.youtube.com/watch?v=gKzKY9IWZ0E) hosted by [Potuz](https://x.com/potuz_eth) covered devnet stability, proposed spec changes, fork choice challenges, and next steps for [EIP-7732](https://eips.ethereum.org/EIPS/eip-7732) development. - [Notes](https://hackmd.io/@ttsao/epbs-breakout-18) by [Terence Tsao](https://terencecha.in/) - [Talking Tokens Podcast](https://x.com/_TalkingTokens): [Fixing Ethereum’s Interoperability with Open Intents Framework](https://www.youtube.com/watch?v=j5exK19s_B4) invites [Hart Lambur](https://x.com/hal2001) and [Nam Chu Hoai](https://x.com/nambrot) to discuss interoperability, and how [The Open Intents Framework](https://www.openintents.xyz/) aims to solve chain fragmentation. - [Post](https://x.com/_TalkingTokens/status/1895128488564179111) by [Talking Tokens Podcast](https://x.com/_TalkingTokens) - [Post](https://x.com/jacqmelinek/status/1895126919814709488) by [Jacquelyn Melinek](https://x.com/jacqmelinek) - [Post](https://x.com/edatweets_/status/1896182492077629851) by [Eda](https://x.com/edatweets_) # Other - [GCP Mempool Dumpster Public Data](https://collective.flashbots.net/t/gcp-mempool-dumpster-public-data/4730) by @tesa announces the availability of [Mempool Dumpster](https://mempool-dumpster.flashbots.net/) data on [Google Cloud Web3 Portal](https://cloud.google.com/application/web3/discover) and [BigQuery](https://console.cloud.google.com/bigquery/analytics-hub/exchanges/projects/1035301635708/locations/us/dataExchanges/ethereum_mempool_dumpster_by_flashbots_1953788a09b/listings/ethereum_mempool_dumpster_community_dataset_by_flashbots_19537a4ec38), offering free access to historical mempool transactions. - [Post](https://x.com/elenahoolu/status/1895134000349327863) by @elainehu - [Buildathon: 2025-02-flash](https://docs.base.org/buildathons/2025-02-flash) by [Base](https://www.base.org/) details a one-day _Builder Side Quest_ to showcase Flashblocks’ 10x speed improvement for Base with 200ms block times. - [Post](https://x.com/neodaoist/status/1895229868532457898) by [Tom Vieira](https://x.com/neodaoist) - [PBH-CTF](https://github.com/worldcoin/pbh-ctf) by [World](https://world.org/) presents a CTF event where participants compete to find bugs in the [Priority Blockspace for Humans](https://world.org/blog/announcements/reclaiming-blockchain-priority-blockspace-for-humans-launches-world-chain-testnet) system on [World Chain](https://world.org/blog/announcements/world-chain-now-open-every-human) Sepolia, running from February 28 to March 8. - [Thread](https://x.com/world_chain_/status/1895566356185301158) by [World](https://world.org/) - [TLDR February Newsletter](https://substack.com/home/post/p-157989372) by [The Latest in Defi Research](https://www.thelatestindefi.org/) features updates from fellows, councilmembers, and other researchers in the TLDR ecosystem. - [SuperchainArb](https://github.com/GDP-of-Mongolia/SuperchainArb) by [Eremeyen](https://x.com/Eremeyen3), Akhil, and [Arnav Kumar](https://github.com/ArnavKumar270) demonstrates a proof-of-concept implementation of cross-chain arbitrage using [SuperchainERC20](https://docs.optimism.io/stack/interop/superchain-erc20) interoperability. - [Post](https://x.com/zainbacchus/status/1895952000891949163?s=52) by [zain](https://x.com/zainbacchus) * * * ✉ [**Sign up here**](https://flashbots.net/the-mev-letter) if you’d like to get The MEV Letter straight to your inbox! 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