Front-running as a Service (FaaS) or MEV Auctions (MEVA)
MEVA and FaaS solutions.
In a FaaS or MEVA system, MEV is extracted in a variety of ways such as miners auctioning off the right to front-run users.
'Centralizing MEV extraction is good because it quarantines a revenue stream that could otherwise drive centralization in other sectors.'
'In this article, I’m going to go deep into my personal arguments for why extracting MEV in cryptocurrencies isn’t like theft, why it is a critical metric for network security in any distributed system secured by economic incentives (yes, including centralized ones), and what we should do about MEV in the next 3-5 years as a community.'
Last modified 1yr ago