Add "MEV" page to developer docs [Resolves #3610]#3704
Add "MEV" page to developer docs [Resolves #3610]#3704samajammin merged 4 commits intoethereum:devfrom nathanhleung:nathanhleung/mev
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Thanks for the PR @nathanhleung Overall it looks really good. Got a few subject matter experts having a look before we merge because MEV isn't something I'm knowledgeable about 🙂 |
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Some feedback I received:
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Thanks for the feedback! I am still waiting to hear suggestions from some of my friends in the MEV space, but I will let you know once I make the changes they suggest and this PR is ready to be merged. |
timbeiko
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Very good overview! Left a couple minor comments.
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| ### The long tail {#mev-examples-long-tail} | ||
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| DEX arbitrage, liquidations, and sandwich trading are all very well-known MEV opportunities and are unlikely to be profitable for new searchers. However, there is a huge long tail of less well-known MEV opportunities (NFT MEV is arguably one such opportunity). |
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s/less well-known/lesser known
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Thank you for the thorough review! I've been busy this week, but just wanted to comment to say this PR is still on my mind and I hope to get to it fully this weekend. |
@nathanhleung no worries, thanks for keeping us in the loop 🙏 |
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Made the changes y'all requested, let me know if I missed anything or you have any other suggestions. Thanks again for reviewing! |
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Looks great! Thanks again for this 🙏.
Made a handful of small tweaks - will accept those & merge.
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| ## MEV extraction {#mev-extraction} | ||
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| While in theory, MEV accrues entirely to miners, because miners are the only party that can guarantee the execution of a profitable MEV opportunity (at least in Eth1 — this will change in Eth2), in practice, a large portion of MEV is extracted by independent network participants referred to as "searchers." Searchers run complex algorithms on blockchain data to detect profitable MEV opportunities and have bots to automatically submit those profitable transactions to the network. |
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at least in Eth1 — this will change in Eth2
How so? Worth expanding on? Is this change in Eth2 just validators vs. miners, or something else?
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Description
This PR adds a page about miner extractable value (MEV) to the developer docs.
Let me know what you think — I am also sending the deploy preview out to other folks I know in the MEV space for more feedback.
Related Issue
#3610
Link to deploy preview of the page: https://deploy-preview-3704--ethereumorg.netlify.app/en/developers/docs/miner-extractable-value/