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Shadow Realms: Decrypting Privacy with Penumbra’s Henry de Valence

The Delphi Podcast

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How to Define M.E.V.

I'm just curious if you think that it could be financially solved without privacy. If somebody, M.E.V. is very easy to make dashboards of and make charts of, but if I'm running a trading strategy and someone can predict exactly how I provision liquidity then they can roll me over. That's value that I'm losing because of disclosing more information than is strictly necessary for my participation in the protocol. And even if you fix the tip of the iceberg, you know, the underwater part is still going to remain and like flow back up to the surface.

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