Ethereum's MEV Smoothing and Burn

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Einstein: MeV smoothing and burn is like a bird distribution system. The weaker birds are the lower capitalized hobbyist solo stakers, and then the big birds with guns and teeth and claws aren't allowed to get all of the food. He says MEV would need proposal builder separation enshrined in the protocol. Einstein: Once we have that, then we can have the attesters impose their view of bids on the proposer so that if they say they're all hearing builders bid one and then the proposer says, okay, I'm going to bid zero and then I'll just steal the MEV, then that's not going to work.

Ethereum is getting yet another economic upgrade! The scarcity engine is getting a massive level up with the advent of the MEV Burn.

With Justin Drake and Domothy, they walk us through the research and reasoning behind this next upgrade

Just when we thought we couldn’t get any more bullish…

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------ Topics Covered

0:00 Intro 7:00 What is MEV? 13:30 MEV is Subjective 17:15 The Oil Analogy 21:15 The Benefits of Smoothing 28:35 Builders and Proposers 38:45 Forced Centralization 44:35 Rug Pool Protection 48:30 Distribution 58:20 Pros of Burning 1:05:15 Burning on Overdrive 1:09:30 Does this Hurt Stakers? 1:13:55 Too Deflationary? 1:23:30 Monetary Premium 1:28:15 EIP-4844 1:31:00 The Engine 1:35:50 Wen?

——— Resources:

Justin Drake: https://twitter.com/drakefjustin?s=20

Dom: https://twitter.com/domothy?s=20

Hildobby's Dune Board: https://dune.com/hildobby/eth2-staking

Ultrasound.Money: https://ultrasound.money/

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