πΈMEV Cashback
MEV Cashback: OMNIA Stops Bots and Returns Cash to Your Wallet
OMNIA's MEV Cashback tool offers direct cashback on DEX transactions vulnerable to MEV. Instead of letting bots profit off your trades, OMNIA's technology intercepts and returns cash back to your wallets. Get more value from your DeFi activities.
Get MEV Cashback on Ethereum, Binance, Polygon and many more. Plus, your transaction is protected from frontrunning attacks.
Don't leave money on the table
With backrunning, unlike frontrunning, MEV money is not taken directly out of your pocket. The user's transaction goes through as intended, but the price shift has some significance than it allows arbitrage to take place. The user got exactly what they intended (their trade went through), but they unknowingly influenced the market. The searchers and builders have effectively extracted value (MEV) from the user's transaction, but the user may not realize this.
What is MEV
Maximal Extractable Value (MEV) is a measure of the profit usually a bot can make through their ability to arbitrarily include, exclude, or reorder transactions within the blocks they produce. The MEV landscape has evolved significantly over time. Initially, miners were the only ones who could extract MEV, as they were the ones building and proposing blocks. However, with the advent of new technologies and PoS protocols, the landscape has become more complex.
MEV infrastructure consists of several key components
Public mempool
This is where all pending transactions reside. Both regular transactions and those aiming to exploit MEV opportunities can be found here. The public mempool acts as a bucket where all the pending transactions stay
Searchers
Bots or individuals that look for MEV opportunities in the public mempool. They create strategies and bundles of transactions that, if included in a block in a specific order, can generate profit. Searchers look into the public mempool to find opportunities for arbitrage or front-running.
Builders
Receive bundles from searchers and assemble them into full blocks. They aim to construct a block that includes the most profitable set of transactions. The builders propose blocks and are part of the new architecture that Ethereum is trying to impose.
Relays
The relay receives full block proposals from builders and selects the most profitable one to propose to the validator. The relay takes information from a builder who proposes blocks.
Validators
The relay receives full block proposals from builders and selects the most profitable one to propose to the validator. The relay takes information from a builder who proposes blocks.
Last updated