Manifold Finance, a key player in the MEV subsector, has unveiled its latest venture: a new maximal extractable value (MEV) protocol that seeks to redefine ETH staking.

Unlike the prevailing “one winner per slot” model in the Ethereum ecosystem, this new protocol introduces a novel auction system that permits multiple winners for each auction slot. The introduction of this innovative auction system is poised to be a game-changer, setting the stage for advanced applications related to priority-sensitive transactions and multi-slot bidding for block builders, while also prioritizing value creation for validators.

According to Manifold Finance, the new protocol aims to redefine the dynamics of value capture and distribution from within the Ethereum network. Developed collaboratively by pioneers in ETH staking services and Ethereum infrastructure, the MEV Protocol is designed to enhance network security, promote diversity among validators, and maximize value while advancing network decentralization.

“The Ethereum landscape is far from neutral. These “threats” from MEV are not the existential risks that many portray them to be, but rather subtle tactics in an ongoing battle for supremacy,” the developers said in

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Author: Vince Dioquino

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