Now that full trading is set to launch, we think the time is right to move ahead with this mitigation strategy and committee appointment. As volume starts to grow, so does the opportunity to profit from MEV. It’s important that the committee is in place to actively review data so as to catch early indications of malicious behavior.
New Member
We’re excited to add Rob Tiong from Rated Network as the seventh member of the committee. Rob joins us with a background in data analysis, as well as experience in assessing the performance of validators through his work at Rated.
Proposal
We are moving ahead with the on-chain proposal to launch a social strategy for mitigating MEV on dYdX v4. The proposal will signal community alignment with the strategy and an intent to take action against bad actors. The goal is to make it clear that the community agrees on the need to prevent MEV.
Here is the DIP outlining the proposal: dYdX v4 social mitigation for MEV proposal · GitHub
If the proposal passes, the Grants program will process the grant and kick off funding for committee members.