BNB Chain: Adopting fair ranking and other strategies to curb MEV abuse
BNB Chain posted that MEV (Maximum Extractable Value) improves market efficiency by improving price detection and liquidity, but there are also risks such as centralization and prioritization bias. To balance the system, BNB Chain will adopt a series of strategies to curb MEV abuse, including:
1. Fair sorting service: ensure fair and decentralized transaction sorting.
2. Off-chain transactions and batch processing: Reduce the impact of reordering through batch processing operations.
3. Maximum slippage limit: to prevent price changes during trading.
The BNB chain MEV solution evolution will provide higher BNB staking rewards, a fair blockchain market, and better cyber security.
https://x.com/BNBCHAIN/status/1812683647876759632