devcon 6 / the fight for mev
Duration: 00:26:44
Speaker: Alex Vinyas
Type: Talk
Expertise: Intermediate
Event: Devcon
Date: Oct 2022
Categories
Nano-payments on Ethereum
Piotr Janiu of Golem (http://golemproject.net/) presents on Nano-payments on the Ethereum blockchain
A Modest Proposal for Ethereum 2.0
Vitalik Buterin gives his talk titled, "A Modest Proposal for Ethereum 2.0"
Cryptoeconomics Dive: LP Volatility Harvesting Across Yield Rates
This talk furthers the concept of volatility harvesting. Currently, Uniswap and other major dexes see a huge part of their trading volume consist of the result of volatility in the market. Value changes and as a result, trading volume spikes and LPs profit. When extending yield, which is also quite a volatile concept, to AMMs, volatility harvesting is increased further to not only affect value but also the yield that value creates.
Amplifying Consensus Participation with Blockspace Markets
In order to maximize staking participation post-merge, we need to provide capital markets for blockspace demand. This can come in the form of Yield Tokenization (e.g. Swivel, Element), blockspace reservations (e.g. Eden Network), or direct exchanges (e.g. Alkimiya), however composable infrastructure is necessary. With composable infrastructure on the capital markets layer, we can create interesting instruments such as combined staking+lending+options products, and derivative stablecoins.
An Overview of AMM Mechanisms
The talk will give an exhaustive overview of the different AMM algorithms currently deployed on major distributed ledgers, as well as the underlying intuition behind their design. Building up from the basic principles of AMM design, the talk will then cover the algorithmic mechanisms used in the various different algorithms including Constant Sum, Constant Product (Uniswap V2), Uniswap V3, KyberSwap, StableSwap (Curve), CryptoSwap (Curve V2), Solidly Stable pairs, Clipper, Dodo, and RFQ systems.
Evaluating the PBS Experiment: Early insights from MEV-Boost and the Builder Market
PBS is a major change to the core Ethereum protocol. It attempts to minimise negative effects of MEV by delegating block building to a market of block builders. This talk would cover what we have learned from the rollout of mev-boost, focusing on what is happening in the builder market, and what this means for the future of in-protocol PBS. What are the main improvements that we can make to the PBS design in response to how this prototype version is performing?
One Block, One Batch: Examining the Potential of Frequent Batch Auctions in Ethereum
This talk will focus on the future of (de)centralized trading, and examine how frequent batch auctions can revolutionize existing market economics by bringing fairness and protection to Ethereum’s various stakeholders. We will review why Ethereum would benefit from a global batch settlement layer, touching on MEV and unfair pricing of CFMMs.
This is not MEV.
As a nascent field, cryptoeconomics is still lacking in terms of formal definitions upon which a cohesive theoretical edifice can be built. Maximal Extractable Value (MEV) is a particular example of a technical concept where there is no widely agreed upon formalization. Here, we discuss the difficulties in arriving to such a formulation, and survey some proposals. Critically, we emphasize what MEV is *not*, highlighting the critical aspects that need to be encompassed in its definition.
Towards Fairer DEXs on Ethereum
MEV is inherent to Ethereum and cannot be banned at the core protocol layer. Dapps should therefore carefully assess and reduce the amount of MEV they create. Multi-dimensional batch auctions with just in time competition for order flow offer a fundamentally fairer way of trading on Ethereum. P2P matching reduces the amount of extractable AMM interactions, while best price execution is guaranteed through a network of competing “solvers”.
Synthetic Assets
Dominic Williams presents on Synthetic Assets at Ethereum's DEVCON1.