Wednesday, November 20, 2024
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Ethereum projects unite to protect users from MEV-induced high prices

Over 27 prominent Ethereum projects joined hands to launch MEV Blocker, a solution that aims to tackle and minimize the amount of value extracted from their users, a.k.a maximally extractable value (MEV) — Ethereum’s invisible tax. MEV is a tax imposed on decentralized finance (DeFi) users on transactions. MEV bots can

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