Dean Eigenmann, a Miner Extractable Value (MEV) searcher, joins The Gwart Show to give an insiders look into the MeV landscape, strategies, decentralization challenges, and regulatory concerns. He discusses key differences between Ethereum and Binance Smart Chain, DeFi's future, L2 developments, and offers a critique of Bitcoin.
00:00:00 Start
00:01:21 Dean intro
00:02:14 MEV = Oligopoly
00:03:18 Builder centralization on ETH
00:04:34 PBS design
00:05:51 Enshrined PBS
00:07:31 Atomic strategies & inventory risk
00:09:00 Censorship
00:10:27 Censorship & geographic distribution
00:12:44 MEV on BSC
00:13:41 MEV developer crossover
00:13:58 What chains do they do?
00:14:47 MEV on Solana
00:15:41 Faster chain = less MEV?
00:16:44 MEV on L2's?
00:17:45 Shared sequencing
00:20:04 Intents
00:22:15 Operating at a loss
00:23:51 Amm execution
00:24:50 Define MEV?
00:25:12 Is sandwiching bad still?
00:26:56 Private relays
00:28:03 Can you prevent private relays?
00:29:09 Is there a way to promote geographic distribution?
00:30:47 Is MEV like high feq trading?
00:32:04 Timing games
00:33:10 SEP of BSC
00:33:36 MEV searchers on the downlow
00:35:37 Legal aspects of MEV
00:36:29 Sandwiching illegal?
00:39:47 Regulating builders
00:40:30 OFAC transactions
00:41:40 Encrypted mempools
00:43:10 Ideology
00:45:14 What's missing
00:45:56 Restaking
00:46:41 Rollups good?
00:47:38 Bullish L2's?
00:49:04 ETH L1 innovation
00:49:55 Thoughts on Solana?
00:50:55 BSC happenings?
00:52:29 Bitcoin sucks
Follow our guest on Twitter: @DeanEigenmann
Follow our host: @gwartygwart
