@emeriti
💫 In 2014, before Ethereum even launched, an anonymous user named Pmcgoohan warned about front-running risks. MEV, as it’s now known, acts like a “socially useless tax,” costing users through missed opportunities, higher slippage, and increased gas fees.
On the other hand, when “code is law”, anything within those rules goes, and tech-savvy users can profit from the way the platform is designed.
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