Have you ever been on the wrong side of a trade? Well, youāre a crypto bro. Your entire life is on the wrong side of a trade. š¤£
Turns out, the right side had bots. A lot of bots!
And turns out our guy Yuri has built a protocol to ā give money back to the users (people like you and me) that wouldāve gone to bots. He gives Prashanth a low-down of:
⢠How these bots work in the DeFi space
⢠MEV bots vs Flash Bots
⢠Wen Chrome extension
PLUS: Whatās the big difference between a web2 vs web3 founder
Brought to you by Doodhwala. š„
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Intro to MEV: https://www.mev.wiki/
Follow Yuri: https://twitter.com/kyparus
Learn more about Wallchain: https://www.wallchain.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
Timestamps:
1:01 - 4:08 Yuriās Intro
4:18 - 10:25 Key insights he developed
10:26 -17:07 Types of MEV
17:13-19:34 Valuechain & RPC
19:36-28:59 About Wallchain
29:08-34:07 MEV across different chains
34:08-37:06 How MEV works offchain
37:08-39:12 Views on Flashbot
39:14- 43:12 MEVās product market
43:15- 46:49 Difference between Web3 Founders v Web2 Founders
46:52- 47-27 Chrome extension wen?