1 hr 38 min

170 - Burning MEV with Justin Drake and Dom Bankless

    • Technology

Ethereum is getting yet another economic upgrade! The scarcity engine is getting a massive level up with the advent of the MEV Burn.
With Justin Drake and Domothy, they walk us through the research and reasoning behind this next upgrade
Just when we thought we couldn’t get any more bullish…
------
🚀 DEBRIEF 🚀
https://bankless.cc/YouTubeInfo
------
BANKLESS SPONSOR TOOLS: 
📣 SAFE (Gnosis) | ACCOUNT ABSTRACTION
https://bankless.cc/AA 
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum 
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://bankless.cc/kraken 
🧠 AMBIRE | SMART CONTRACT WALLET
https://bankless.cc/Ambire 
👻 PHANTOM | FRIENDLY MULTICHAIN WALLET
https://bankless.cc/phantom-waitlist 
🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE
https://bankless.cc/MetaMask 
------
Topics Covered
0:00 Intro
7:00 What is MEV?
13:30 MEV is Subjective
17:15 The Oil Analogy
21:15 The Benefits of Smoothing
28:35 Builders and Proposers
38:45 Forced Centralization
44:35 Rug Pool Protection
48:30 Distribution
58:20 Pros of Burning
1:05:15 Burning on Overdrive
1:09:30 Does this Hurt Stakers?
1:13:55 Too Deflationary?
1:23:30 Monetary Premium
1:28:15 EIP-4844
1:31:00 The Engine
1:35:50 Wen?
———
Resources:
Justin Drake:
https://twitter.com/drakefjustin?s=20 
Dom:
https://twitter.com/domothy?s=20 
Hildobby's Dune Board:
https://dune.com/hildobby/eth2-staking 
Ultrasound.Money:
https://ultrasound.money/ 
------
Related Episodes:
EIP-1559:
https://www.bankless.com/-eip-1559-hasu 
https://www.bankless.com/-eip-1559-expert-panel-tim-beiko 
MEV:
https://www.bankless.com/-cryptos-existential-threat-mev-panel 
https://www.bankless.com/125-matt-cutler 
Ultra Sound Money:
https://www.bankless.com/-sotn-44-modeling-ultra-sound-money 
https://www.bankless.com/-ultra-sound-money-justin-drake 
https://www.bankless.com/-moon-math-the-bull-case-for-cryptography 
Justin Drake: 
https://www.bankless.com/134-ethereum-unsensored-with-justin 
https://www.bankless.com/shanghai-capella-eth-staking-withdrawals-with-tim-beiko-justin-drake-and-anthony-sassano 
https://www.bankless.com/150-bull-case-for-ethereum-iv-with-justin-drake-dcinvestor-anthony-sassano 
https://www.bankless.com/devcon-2-justin-drake 
https://www.bankless.com/15-bad-eth-takes-with-justin-drake 
https://www.bankless.com/the-pow-vs-pos-debate-lyn-alden-and 
https://www.bankless.com/-layer-zero-justin-drake 
----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures 

Ethereum is getting yet another economic upgrade! The scarcity engine is getting a massive level up with the advent of the MEV Burn.
With Justin Drake and Domothy, they walk us through the research and reasoning behind this next upgrade
Just when we thought we couldn’t get any more bullish…
------
🚀 DEBRIEF 🚀
https://bankless.cc/YouTubeInfo
------
BANKLESS SPONSOR TOOLS: 
📣 SAFE (Gnosis) | ACCOUNT ABSTRACTION
https://bankless.cc/AA 
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum 
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://bankless.cc/kraken 
🧠 AMBIRE | SMART CONTRACT WALLET
https://bankless.cc/Ambire 
👻 PHANTOM | FRIENDLY MULTICHAIN WALLET
https://bankless.cc/phantom-waitlist 
🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE
https://bankless.cc/MetaMask 
------
Topics Covered
0:00 Intro
7:00 What is MEV?
13:30 MEV is Subjective
17:15 The Oil Analogy
21:15 The Benefits of Smoothing
28:35 Builders and Proposers
38:45 Forced Centralization
44:35 Rug Pool Protection
48:30 Distribution
58:20 Pros of Burning
1:05:15 Burning on Overdrive
1:09:30 Does this Hurt Stakers?
1:13:55 Too Deflationary?
1:23:30 Monetary Premium
1:28:15 EIP-4844
1:31:00 The Engine
1:35:50 Wen?
———
Resources:
Justin Drake:
https://twitter.com/drakefjustin?s=20 
Dom:
https://twitter.com/domothy?s=20 
Hildobby's Dune Board:
https://dune.com/hildobby/eth2-staking 
Ultrasound.Money:
https://ultrasound.money/ 
------
Related Episodes:
EIP-1559:
https://www.bankless.com/-eip-1559-hasu 
https://www.bankless.com/-eip-1559-expert-panel-tim-beiko 
MEV:
https://www.bankless.com/-cryptos-existential-threat-mev-panel 
https://www.bankless.com/125-matt-cutler 
Ultra Sound Money:
https://www.bankless.com/-sotn-44-modeling-ultra-sound-money 
https://www.bankless.com/-ultra-sound-money-justin-drake 
https://www.bankless.com/-moon-math-the-bull-case-for-cryptography 
Justin Drake: 
https://www.bankless.com/134-ethereum-unsensored-with-justin 
https://www.bankless.com/shanghai-capella-eth-staking-withdrawals-with-tim-beiko-justin-drake-and-anthony-sassano 
https://www.bankless.com/150-bull-case-for-ethereum-iv-with-justin-drake-dcinvestor-anthony-sassano 
https://www.bankless.com/devcon-2-justin-drake 
https://www.bankless.com/15-bad-eth-takes-with-justin-drake 
https://www.bankless.com/the-pow-vs-pos-debate-lyn-alden-and 
https://www.bankless.com/-layer-zero-justin-drake 
----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures 

1 hr 38 min

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