cover of episode MEV 2.0 - Order Flow Auctions & Privacy | Quintus Kilbourn, Barnabé Monnot

MEV 2.0 - Order Flow Auctions & Privacy | Quintus Kilbourn, Barnabé Monnot

2023/5/16
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Bell Curve

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Season 4 | Episode 8:

In this episode of Bell Curve, we are joined by Quintus Kilbourn and Barnabé Monnot to discuss order flow auctions, proposer-builder separation (PBS) and the future of MEV. We start with a deep discussion on order flow auctions, application vs protocol layer designs and the implementation tradeoffs. Quintus and Barnabé then explain the risks of vertical integration and how we can build systems to mitigate these supply chain centralization points. We end with a discussion on enshrined PBS, off-chain infrastructure and the future of MEV.

Timestamps:

(00:00) Intro: Pre-Interview

(04:11) MEV 2.0

(31:37) "Rook Ad"

(33:29) MEV 2.0

(1:07:08) Recap: Post-Interview

Follow Quintus: https://twitter.com/0xQuintus)

Follow Barnabé: https://twitter.com/barnabemonnot)

Follow Hasu: https://twitter.com/hasufl)

Follow Mike: https://twitter.com/MikeIppolito_)

Subscribe on YouTube: https://bit.ly/3R1D1D9)

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This episode is brought to you by Rook. Close to a billion dollars has already been taken out of users’ pockets through MEV. Rook built a solution that automatically drives this value back to where it belongs: with the users and applications that create it.

If you use on-chain products, tell your wallet, favorite app and go-to node provider to use Rook; if you're a developer, message us today to find out how to integrate Rook with your product. Follow Rook on Twitter and them a message at https://twitter.com/Rook).

Resources:

Barnabé's article on protocol credibility

https://barnabe.substack.com/p/seeing-like-a-protocol)

Vitalik's article on the End Game

https://vitalik.ca/general/2021/12/06/endgame.html)

PEPC

https://ethresear.ch/t/unbundling-pbs-towards-protocol-enforced-proposer-commitments-pepc/13879)

Eric Budish's article on batch auctions

https://academic.oup.com/qje/article/130/4/1547/1916146)

Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.