We've successfully democratized the avax mempool!
With mempool access, you gain access to a special class of MEV: same-block arbitrage.
Same-block arbitrage is secured by submitting a transaction in the same block that an arbitrage opportunity becomes available.
Learn more ๐
Happy Holidays from @ChainsightLabs!
To celebrate, we are giving away free access to Premium Tier of Snowsight, a mempool streaming and transaction propagation service on @avax C-Chain.
Interested? Like this post and comment below!
Happy to see independent analysis proving Snowsight has visiblity into ~95% of the @avax mempool.
Want a free Trial of Premium?
Repost this tweet and open your DMs.
Compare that to @ChainsightLabs mempool access on mainnet, significantly higher.
Possibly some transactions are private to specific validators as well, so you'd never expect this to be 100%.
Due to volatile market conditions, Snowsight mempool relay services will be paused starting Monday Nov. 25th at 12:00 PM EST.
Snowsight mempool relay services will resume when market conditions have stabilized.
Due to volatile market conditions, Snowsight mempool relay services will be paused starting Monday Nov. 25th at 12:00 PM EST.
Snowsight mempool relay services will resume when market conditions have stabilized.
Despite Flashbot's best intentions, after 2 years it is now clear that instead of democratizing block production, MEV-Boost has actually had the opposite effectโ2 builders monopolize the block building market, extracting $500k ETH daily.
How did this happen? Stay tuned for more.
3/9
Many decentralized perpetuals allow signficant value to be extracted from their LPs, forcing them to impose higher fees on users to compensate for this.
Over 40 days a value equalling ~10% of protocol profits was extracted from GMX by arbitrage bots
https://t.co/f5qzgaKPiG
๐Snowsight, a mempool streaming service and a transaction propagation service for MEV searchers on the Avalanche C-Chain, is officially a year old. ๐
To celebrate, we are granting free Premium Tier access to users in our telegram.
Join us ๐
https://t.co/CYPAN4osW4
For too long, MEV on @avalancheavax has been gatekept and siloed from the masses, due to AVAX not gossiping the mempool ๐ง
But no longer.
Today, we release the web app to Snowsight, an AVAX mempool service:
https://t.co/BjcHU3xi3c
Retweet this post for exclusive beta access!
A monopoly, on the other hand, would allow a single builder to keep more of these profits themselves, as there would be nowhere else for users to go.
Encouraging signs have emerged as the Flashbots builder is down from 75% to 25% market share.
1/
Today, we'd like to announce the biggest upgrade to the Keep3r Network to date
Introducing new features that make the network more powerful, efficient, and accessible than ever before