Introduction

Despite game-theoretic results, prisoners don’t always defect, ultimatum-givers don’t always set their offer at (0 + epsilon), and ultimatum-receivers don’t accept every positive offer.

Ethereum clients (pools, traders, and service providers) have been operating for years in a cold war environment. We have provided services across the industry, from resilient market makers like Wintermute to the gone but not forgotten Alameda Group. These profit-maximizing, statistically-savvy operators operate in a trench-warfare environment: from DDoS, computational DoS via crafted transactions, treacherous participants (‘block withholding attacks’), rational and irrational, discriminatory block- and transaction-propagation, and so on.

SecureRPC is the only non-censoring Ethereum Relay that is active since the switch to Proof of Stake happened. We are committed to furthering the development of the Ethereum ecosystem.

It's important to be realize that MEV's ultimate impact will be to remind people that lots of other, harder-to-analyze factors dominate in real systems.

Manifold is rapidly approaching launch of its new flagship project, a MEV-focused liquid staking protocol called mevETH. mevETH is designed to capture MEV from sources unavailable to other liquid staking platforms. This is possible because Manifold operates the entire Ethereum validation stack—block builder, relay, and validators—which unlocks novel and sophisticated MEV approaches that wouldn’t otherwise be available. mevETH will also be the first natively multichain liquid staking token, enabled by LayerZero, maximizing defi composability across multiple chains. mevETH will launch with over 25,000 ETH staked, and a portion of revenue will accrue to stakers of Manifold’s FOLD token.

Manifold is committed to being a responsible, positive-sum partner for the Ethereum ecosystem. We have a no-transaction-censorship policy on all services, and we never employ predatory MEV approaches that generate profit at the expense of users.