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Deep Dive: The CAKE Framework & Building a One Click Experience | Hart Lambur & Stephane Gosselin
Bell Curve
Equilibrium Requires Transparency
The complexities of price setting in crypto block space highlight systemic issues stemming from asymmetric access to information. This asymmetry grants certain entities disproportionate price-setting power, perpetuating existing problems rather than solving them. To achieve a true equilibrium, systems must be designed to eliminate these entities. Furthermore, the emergence of Miner Extractable Value (MEV) illustrates how shared realities among consensus participants can oversimplify divergent individual desires, leading to exclusion for some. This reinforces the need for design philosophies like Proposer-Built Segments (PBS) that foster transparency and inclusiveness in decision-making.
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