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Game-theoretic Model for MEV-boost Auctions (MMA) 🥊 - Economics - Ethereum Research

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Thomas Thiery – July 27th, 2023 Thanks to Julian, Fei, Stefanos, Carmine, Barnabé, Davide and Mike for helpful comments on the draft. Introduction On September 15th, 2022, with the Merge was introduced a novel protocol feature designed to reduce computational overhead and foster decentralization among Ethereum validators. This feature, known as Proposer-Builder Separation (PBS), distinguishes the role of block construction from that of block proposal, thus shifting the burden and computationa...

Game-theoretic Model for MEV-boost Auctions (MMA) 🥊 - Economics - Ethereum Research Game-theoretic Model for MEV-boost Auctions (MMA) 🥊 Economics mev soispoke July 27, 2023, 12:48pm 1 Thomas Thiery – July 27th, 2023 Thanks to Julian , Fei , Stefanos , Carmine , Barnabé , Davide and Mike for helpful comments on the draft. Introduction On September 15th, 2022, with the Merge was introduced a novel protocol feature designed to reduce computational overhead and foster decentralization among Ethereum validators. This feature, known as Proposer-Builder Separation (PBS), distinguishes the role of b

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