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  3. Beyond Gas Fees — Can MEV Become a Public Good?

Beyond Gas Fees — Can MEV Become a Public Good?

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  • chainsniffC Offline
    chainsniffC Offline
    chainsniff
    wrote last edited by
    #1

    What_Are_Ethereum_Gas_Fees.webp

    Most people think of gas fees as the cost of using blockchains. But the real story is MEV (Maximal Extractable Value) — the invisible tax that traders, DeFi users, and NFT minters pay daily.

    Right now, MEV feels like a dark art:

    Bots frontrun swaps.

    Searchers sandwich trades.

    Block builders auction order flow.

    The result? Billions siphoned from users without them realizing it.

    But here’s the twist: what if MEV isn’t inherently bad?

    🧩 Projects like Flashbots SUAVE imagine a future where MEV gets socialized instead of exploited — redirected into protocol revenue, validator rewards, or even community treasuries. In theory, MEV could fund public goods the way transaction fees fund block rewards.

    The open question:
    👉 Can protocols really turn MEV from predation into coordination, or are we just painting lipstick on a pig?

    Because if we fail, MEV will become the “Wall Street HFT” of crypto — invisible, extractive, and concentrated in the hands of a few elite actors.
    If we succeed, MEV might be the hidden engine that powers sustainable blockchain economies.

    ⚡ Question for you: Would you support a chain that taxes MEV to fund public goods — even if it raised your trading costs?

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