Posted 9/26/2023, 7:21:00 PM
Blocknative Ending MEV-Boost Service Over Lack of Economic Incentives
- Blocknative to stop MEV-Boost Relay service due to lack of economic incentives
- Company advised users to remove Blocknative Relay from validator configs by Sept 27
- Blocknative to continue other services like mempool explorer and gas estimator
- CEO said MEV-Boost business didn't meet economic expectations
- Company tried to introduce incentives at relay layer but efforts didn't materialize
- MEV is an "invisible tax" validators/builders collect via transaction ordering