GEENIE
@geenie
Personal Reflections on MEV Experiences and the Necessity of Radius It was only about a year or two ago that I first encountered the concept of MEV (Maximal Extractable Value). Until then, I had accepted the high fees and slow transaction speeds of the Ethereum network as an unavoidable part of the experience. However, what left the most bitter impression on me was the repeated financial losses I experienced while using DeFi. Even though my transaction amounts were relatively small, I consistently found myself buying at prices slightly above market value or selling at lower prices. At first, I dismissed it as bad luck or simply an issue of fees. But over time, the losses accumulated, and I was forced to reduce my trading activities — from 100 trades to 10, and eventually down to just 1. That was the only way I could protect my assets from being slowly eroded.
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GEENIE
@geenie
It was only much later that I came to understand that these experiences were the result of sandwich attacks, a classic example of MEV exploitation. More importantly, I realized that these attacks do not only harm individual users like myself, but they also undermine the overall trust in the Ethereum network, potentially driving users away and setting off a vicious cycle where MEV profits also diminish, ultimately leading to the regression of the entire network. This understanding is what made Radius’s proposed Secure Block Building (SBB) solution particularly striking to me. Rather than simply suppressing or eliminating MEV, Radius offers a realistic and necessary approach where L2 networks can monetize MEV in a fair and sustainable way, while at the same time enhancing user protection.
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