The Inequity of Bribe-based Trading
MEV (Miner Extractable Value) auction-based trading, commonly known as "Bribing", is a daunting part of the current market. The practice, where traders bid bribes to miners for transaction priority, often skews the market in favor of seasoned players with deep pockets. The uncertainty in bribing -where an amount that secures priority for one token may fail for another—adds to the imbalance, leaving less experienced traders sidelined in an environment where financial clout overshadows strategic insight.
Argus tackles this challenge head-on by offering a detailed view of bribing and mitigates the guessing game involved. Instead of directly combating the bribe-based system, our platform provides comprehensive data on bribing itself. It tracks crucial data such as the total and average amount of bribes for each token, the historical and recent success rates of specific bribe amounts, and factors like preapprovals and current gas prices. This detailed tracking helps to determine the optimal bribe amount needed to secure early transaction priority for each token, thereby reducing uncertainty and lessening the losses from bribed late entries.
By providing them with this level of information, users can navigate a market dominated by the MEV auction system with greater clarity and confidence. By shifting the focus from financial firepower to informed decision-making, we aspire to create an inclusive environment where success is determined by strategy and research, not just the depth of one's pockets.
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