@dennis_qian Don't forget the 100 $EXY new buyers get. Technically speaking, $EXY price goes up if (sale price/400) > (current treasury/current total amount of $EXY) for each sale, and vice versa.
Two years ago I did the original "Interview with a searcher" on UCC. Many people told me that this episode nerdsniped them on MEV originally. It was fascinating to get an update on how searching works in 2023. What do you think changed and what stayed the same?