The Importance of Proposal Builder Separation in a Smart Contract Chain

In this episode, we chat about the MEV landscape in Osmosis with Dev Ohja, founder of Osmosis, and Barry Plunkett, founder of Skip. Osmosis has had a very unique, first-principles approach to dealing with MEV, attempting to mitigate "bad" forms while allowing the protocol to internalize" good" forms. We discuss how MEV has been an important theme for Osmosis since inception, and how Dev feels about existing MEV approaches on Ethereum. We also discuss how Skip's products help Osmosis with internalizing MEV, and the long-term implications of these design decisions. Lastly, we touch-on how MEV in Osmosis will change once changes like threshold encryption and mesh security are implemented.