By “sandwiching” the original bid from a buyer with a new bid, the speculator has the effect of extracting value from the transaction. In practice, miners are often the catalysts behind front running, leading to the term “miner extractable value” , referring to the rents that a third party can extract from the original transaction. These sandwich attacks have largely been automated and implemented by bots, accounting for the bulk of MEV.
While price oracles help ensure adequate liquidity, no amount of liquidity can solve the core issue that transactions on-chain need to be as current as possible. Warwick explains:
$MTRG Meter_IO
Market makers constantly have some kind of problem
dex for safe investment = tbfx token bitcoin
It’s high time we get rid of scams in our community and focus the wealth on actual real world solutions using blockchain tech
Is it this thing that caused market to crash?