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Relay Guild Proposal - HackMD

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Since The Merge, adoption of MEV-Boost has grown such that slot auctions now deliver around 95% of Ethereum mainnet blocks. At the time of writing eight entities are operating relays at the centre of this architecture. Their job is to act as a trusted escrow agents, conducting the auction, performing appropriate blinding of block contents and ensuring validator payment.

Relay Guild Proposal - HackMD # Superceded - # Background - Since The Merge, adoption of MEV-Boost has grown such that slot auctions now deliver around 95% of Ethereum mainnet blocks. At the time of writing, eight entities are operating relays at the centre of this architecture. Their job is to act as escrow agents while conducting the auction, performing appropriate blinding of block contents and ensuring validator payment. Annualised - hundreds of millions of dollars of profit from MEV flows to searchers, builders and validators through the MEV-Boost system. Relays currently have no source o

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