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Flashbots
Flashbots is a research and development organization formed to mitigate the negative externalities posed by Maximal Extractable Value (MEV) to stateful blockchains, starting with Ethereum.
Distributed
Description
Our primary focus is to enable a permissionless, transparent, and sustainable ecosystem for MEV, via a three-pronged approach: • Illuminate: bringing transparency to MEV activity, quantifying its impact, and reducing information asymmetry between participants. • Democratize: democratizing access to MEV via open platforms that maximize competition and are freely available to all. • Distribute: enabling sustainable distribution of any remaining MEV. Product & research are the semi-autonomous dual engines that propel our organization forward: • Flashbots Product builds core infrastructure and ecosystem tooling that redefine the block production supply chain across blockchains and protect users. • Flashbots Research explores MEV market dynamics and blockchain design challenges at the intersection of economics, security, and cryptography.Grant Funding
VC Funding
None
2023
$0
$60M