0xb597…199e on-chain memos

0xb597113b…199esent to0xec17aaba…5b392023-11-01·#18,476,189·0xfed8185d…01eb6f

<h1>MEV Protocol Listing for EigenLayer</h1>MEV Protocol is proposing to whitelist mevETH as one of the restaking assets on EigenLayer.<h3>About MEV Protocol</h3>MEV Protocol’s LST mevETH, is the acknowledgement that MEV is the block reward in Ethereum. MEV Protocol brings a new approach to capturing MEV opportunities through novel practices.Bootstrapped by the first LST in existence, crETH2, along with the infrastructure specialists at Manifold Finance, mevETH already contains over $50M in TVL after launching at the beginning of October 2023. The majority of crETH2 has migrated already, and users can mint new mevETH simply from the main website. mevETH utilizes the ERC-4246 vault standard, so it is non-rebasing, allowing for ease with use in other protocols.MEV Protocol adopts a vertically integrated approach to the Ethereum stack, harnessing the potential of relayers, block proposers, and block builders to enhance the MEV supply chain. This strategic approach aims to provide the most efficient means of capturing value within the system. In this innovative framework, the avenues for rewards multiply, encompassing not only the validator base fee and liquidity provider incentives, but also a groundbreaking MEV concept that allows for multiple auction winners during block building.Currently there is an implementation which allows for more than one block winner in block auctions simply by using the MEV Protocol relay. This mean more rewards from more searchers, as compared to a one-winner-takes-all auction system like mev-boost.Also under development is a MEV Options Auction Market (MOAM). This will create a futures market for forward proposed blockspace. This will split the block in two parts which will be auctioned separately. Splitting the auction enables backward compatibility with mev-boost, and it will implement a future market for blockspace inclusion using a call market.More on that here: <a target="_blank" rel="noopener noreferrer nofollow" href="https://forums.manifoldfinance.com/t/manifold-mev-options-auction-market/">https://forums.manifoldfinance.com/t/manifold-mev-options-auction-market/</a>mevETH is currently engaged with DeFi protocols, notably Yearn, Curve, Convex, Frax, Balancer, and Aura. Votes for inclusion into Yearn’s yETH, and Convex gauges are currently underway. Further utility within these protocols is currently in the works.mevETH currently is live across major liquidity pools: mevETH/ETH and mevETH/frxETH on Curve, and mevETH/WETH on Balancer.<h3>Synergy with EigenLayer</h3>mevETH is a great synergy for EigenLayer, as more and more protocols get involved in the MEV Protocol ecosystem due to its attractive vertical integration structure, this will provide greater utility and exposure, which in turn can be restaked with EigenLayer for further utilization. EigenLayer shares that same vision as as MEV Protocol, as it aims to make things as simple as possible for users to opt into, while gaining exposure to additional rewards.<a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/mevdotio/status/1719633886949593259">https://twitter.com/mevdotio/status/1719633886949593259</a> <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/mevdotio/status/1719633888409239748">https://twitter.com/mevdotio/status/1719633888409239748</a> <a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/mevdotio/status/1719633889860460959">https://twitter.com/mevdotio/status/1719633889860460959</a><a target="_blank" rel="noopener noreferrer nofollow" href="https://twitter.com/mevdotio/status/1719635441618657738">https://twitter.com/mevdotio/status/1719635441618657738</a><h3>Roadmap</h3>MEV Protocol has a very ambitious roadmap, and with an approach different than other LST’s:<ul><li>Implement the multiple winner per block auction system.</li><li>Provide the coverage system to cover potential slashing.</li><li>Implement the MEV Options Auction Market (MOAM), which creates a futures market for forward proposed block space.</li><li>Enable rewards claiming for mevETH holders.</li><li>Enable exiting from mevETH to ETH</li><li>Expand DeFi utility through protocols like Yearn, Curve, Convex, Frax, Balancer, Aura, and other notable projects.</li></ul><h3>Links for MEV Protocol</h3>Website: <a target="_blank" rel="noopener noreferrer nofollow" href="https://mev.io">https://mev.io</a>X (Twitter): <a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/mevdotio">https://x.com/mevdotio</a>Discord: <a target="_blank" rel="noopener noreferrer nofollow" href="https://discord.gg/mevprotocol">https://discord.gg/mevprotocol</a>Telegram: <a target="_blank" rel="noopener noreferrer nofollow" href="https://t.me/meveth">https://t.me/meveth</a>Forums: <a target="_blank" rel="noopener noreferrer nofollow" href="https://forums.mev.io">https://forums.mev.io</a>Medium: <a target="_blank" rel="noopener noreferrer nofollow" href="https://t.me/meveth">https://t.me/meveth</a>GitHub: <a target="_blank" rel="noopener noreferrer nofollow" href="https://github.com/manifoldfinance/mevETH2">https://github.com/manifoldfinance/mevETH2</a>Docs: <a target="_blank" rel="noopener noreferrer nofollow" href="https://docs.mev.io/">https://docs.mev.io/</a>Audits: <a target="_blank" rel="noopener noreferrer nofollow" href="https://github.com/manifoldfinance/mevETH2/issues/187">https://github.com/manifoldfinance/mevETH2/issues/187</a>Manifold Finance: <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.manifoldfinance.com/">https://www.manifoldfinance.com/</a>C.R.E.A.M. Finance: <a target="_blank" rel="noopener noreferrer nofollow" href="https://cream.finance/">https://cream.finance/</a>mevETH Token Address: <a target="_blank" rel="noopener noreferrer nofollow" href="https://etherscan.io/address/0x24ae2da0f361aa4be46b48eb19c91e02c5e4f27e">https://etherscan.io/address/0x24ae2da0f361aa4be46b48eb19c91e02c5e4f27e</a>