💎 MEV Attacks on TON: What Are They and How Do They Work?
It’s commonly believed that MEV (Maximal Extractable Value) can’t be implemented on TON, but that’s not entirely true.
🔝 Why Is MEV Considered Unavailable on TON?
⚫️ Transaction fees are fixed, and demand is regulated by sharding.
⚫️ There’s no access to variables like block.coinbase, which would allow sending a bribe to a validator.
⚫️ Even if someone wanted to “negotiate” directly with a validator, it’s not a typical practice.
🔝 But New Approaches Are Emerging: MEV Wallets
They add a field before signing a message, where the validator can insert their address.
🔝 What’s Needed for Implementation? Changes in validator software to automatically handle such transactions and the ability to sort transactions for maximum profit
🔝 Protective Base: Every new mechanic gives developers tools to outplay you in trading. Therefore, minimize risks:
🤑 TON Insider 🤑
It’s commonly believed that MEV (Maximal Extractable Value) can’t be implemented on TON, but that’s not entirely true.
🔝 Why Is MEV Considered Unavailable on TON?
⚫️ Transaction fees are fixed, and demand is regulated by sharding.
⚫️ There’s no access to variables like block.coinbase, which would allow sending a bribe to a validator.
⚫️ Even if someone wanted to “negotiate” directly with a validator, it’s not a typical practice.
🔝 But New Approaches Are Emerging: MEV Wallets
They add a field before signing a message, where the validator can insert their address.
This allows the validator to receive “conditional bribes” only in the case of successful transactions.
🔝 What’s Needed for Implementation? Changes in validator software to automatically handle such transactions and the ability to sort transactions for maximum profit
🔝 Protective Base: Every new mechanic gives developers tools to outplay you in trading. Therefore, minimize risks:
Set minimal slippage when swapping and be cautious when choosing wallets and applications.
🤑 TON Insider 🤑