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TLDR: We describe a simple enshrined PBS add-on to smooth and redistribute MEV spikes. Spike smoothing yields security benefits. Redistribution yields economic benefits like EIP-1559. Special thanks to @dankrad, @domothy, @fradamt, @joncharbonneau, @mikeneuder, @vbuterin for feedback. part 1: enshrined PBS recap We recap enshrined PBS before describing the MEV burn add-on. builder balances ...
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