News Formal

Manifold Finance rolls out an MEV auction protocol, names Frax founder and 0xMaki as advisors

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Manifold Finance has launched a new maximal extractable value (MEV) protocol, focused on providing the most value for validators.

Manifold Finance has launched a new maximal extractable value protocol. It introduces a new auction system that allows multiple winners for each auction slot, in contrast to the predominant “one winner per slot” model in the Ethereum ecosystem.

This new MEV protocol, Manifold Finance claims, can redefine how value is captured and distributed within the Ethereum network, with the focus on providing the most optimal MEV revenue for validators. It aims to compete with the prevalent MEV protocol offered by Flashbots. Manifold Finance confirmed that since August, the MEV Protocol’s mevETH has seen more than 28,000 ETH staked and has started receiving rewards. It also unveiled a streamlined process for users to deposit ETH and mint mevETH directly through its platform.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan will take appropriate steps vs excessive yen moves - finance min By ReutersJapan will take appropriate steps vs excessive yen moves - finance min
Source: Investingcom - 🏆 450. / 53 Read more »

Japan will take appropriate steps vs excessive yen moves, says finance ministerThe yen strengthened sharply overnight on Tuesday, leading some market participants to believe Tokyo had intervened to support the currency.
Source: CNBC - 🏆 12. / 72 Read more »

Todd Chrisley teaching finance classes in prison to reduce sentence after fraud conviction, daughter saysTodd and Julie Chrisley are working toward reducing their sentences by teaching classes in prison, their daughter Savannah revealed this week.
Source: FoxNews - 🏆 9. / 87 Read more »

India's retail inflation likely to ease by December - finance secretary By ReutersIndia's retail inflation likely to ease by December - finance secretary
Source: Investingcom - 🏆 450. / 53 Read more »

Blockchain finance to grow into $79.3B market by 2032Cross-border payments and trading are two of the largest sub-segments, driven by the rising demand from individuals, enterprises, merchants, industries and international development groups.
Source: Cointelegraph - 🏆 562. / 51 Read more »