Season 4 | Bonus Episode

In today's Bell Curve, we are joined by Stephane Gosselin, the founder of Flashbots and Frontier Research. We discuss why we need to reframe MEV, MEV burn, app-specific order flow auctions, user intents and EIP-4337, why centralized sequencers are fine, enshrined PBS and more! Stephane is a legend - you don't want to miss his unique insights. 

- -

Timestamps:

(00:00) Introduction

(01:58) Reframing MEV: From Allocation to Wealth Creation 

(09:36) MEV Burn

(12:37) The Evolution of DEX Architecture and MEV

(22:44) Order Flow Auctions

(27:30) The Case for Centralized Sequencers

(38:56) Share Sequencers and Cross-Domain MEV

(43:37) User Intents and Limitations of EIP-4337

(49:21) Block Building's Race to the Bottom

(54:45) Optimistic Relays and Enshrined PBS

(1:07:05) Frontier Research

- -

Follow Stephane: https://twitter.com/thegostep

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

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

Subscribe on Apple: https://apple.co/3pQTfmD

Subscribe on Spotify: https://spoti.fi/3cpKZXH

- -

Resources:

Frontier Research

https://frontier.tech/

MEV Utopia vs Dystopia by Stephane

https://flashbots.mirror.xyz/bqCakwfQZkMsq63b50vib-nibo5eKai0QuK7m-Dsxpo

Don’t Overload Ethereum’s Consensus by Vitalik

https://vitalik.ca/general/2023/05/21/dont_overload.html

- -

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.