You do MEV and have to testify in front of congress - how are you framing this as value adding to the ecosystem?
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Replying to @lightspringfox
PGAs substract value by making txs more expensive and MEV coordination tools that take gas bidding off the mempool are positive sum (Flashbots’ initial argument). Hard case when data shows they have mainly enabled sandwich attacks, but one could make the
long run
argument.1 reply 0 retweets 3 likes -
Replying to @jose34730 @lightspringfox
If the q was directed at MEV bot operators, I guess I’d give the whole market efficiency spiel if I was running arb bots. If I was running sandwich bots OTOH… idk would probably hire a lobbyist
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“Look your honor, someone is going to be holding these bags and someone is going to be collecting sick gainz, we’re just arguing about who is who.”
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