Wen Building aims to engage in in-depth conversations with Web3 builders. It explores the cutting-edge technological developments in Web3, analyzes the mechanics of blockchain products, and observes industry trends and challenges. This show is supported by Antalpha Labs. Antalpha Labs is a Web3 developer community dedicated to push the boundaries of crypto space by supporting the innovation and success of open-source projects.
Wen Building
Claim This Podcastby Franci, Stephanie
10 episodes
Updated Weekly
Accepts GuestsHas Sponsors
Podcast Overview
Wen Building aims to engage in in-depth conversations with Web3 builders. It explores the cutting-edge technological developments in Web3, analyzes the mechanics of blockchain products, and observes industry trends and challenges. This show is supported by Antalpha Labs. Antalpha Labs is a Web3 developer community dedicated to push the boundaries of crypto space by supporting the innovation and success of open-source projects.
Language
🇺🇲
Publishing Since
9/16/2023
1 verified contact email on file for Wen Building
Pitch yourself as a guest, propose sponsorships, or reach out directly to the host.
Recent Episodes
May 17, 2024
Mental Model of L2s Dealing with MEV, w/ a Deep Dive in Starknet
<p>The first quarter of 2024 stands out as a period of remarkable growth for Layer 2 solutions (L2s). During this time, gas fees on L2s continued to decline, daily activities on select L2 platforms began surpassing those on the Ethereum mainnet, and a wave of innovative L2s with modular designs emerged. The prosperity of L2s also brings sequencer decentralization into the spotlight. With a multitude of both anticipated and unforeseen innovations shaping the L2 landscape, the evolution of MEV warrants closer examination.</p><p>In this episode, Stephanie (@stephaniiee_ho) delves deeper into her MEV series alongside guests from Nethermind: Jorik (CTO of Nethermind) and Conor (@ConorMcMenamin9, a protocol researcher at Nethermind). Together, they explore a range of pertinent topics relating to L2s and MEV. This includes discussions on how MEV is extracted within the current centralized sequencer setting, the array of solutions for sequencer decentralization today, MEV opportunities and mitigation strategies in the era of sequencer decentralization, the mental models surrounding L2s addressing MEV, and the emerging options of outsourcing block proposal to a third party. Additionally, as part of Starknet’s design team, they provide insights into implementation considerations, which involve navigating realistic and complex challenges.</p><p>While these discussions may appear premature given the many unknowns and ongoing projects still under construction, the real value lies in the mental models shared. These insights offer a glimpse into how protocol designers navigate the intricate and interconnected elements of MEV and L2 dynamics, providing a tangible understanding of the current landscape and its trajectory.</p><p>--</p><p>Wen Building is supported by Antalpa Labs. Antalpha Labs is a Web3 developer community dedicated to push the boundaries of crypto space by supporting the innovation and success of open-source projects.(<a href="https://labs.antalpha.com/hackerhouse/">https://labs.antalpha.com/hackerhouse/</a>)</p><p>This episode is also supported by Starknet | 中文 (@Starknet_ZH), a Starkpilled Chinese community.</p><p>--</p><p>Timestamp</p><p>02:13 Introduction</p><p>03:50 Tx life cycle on Starknet in the centralized sequencer setting</p><p>06:24 MEV extractions on Starknet</p><p>08:54 Unique MEV opportunities on L2</p><p>11:15 The risk of reorg in zk-rollups</p><p>13:27 A measure of L2 finality risks to be expected on L2beat</p><p>14:42 An overview of the L2 sequencer decentralization solutions</p><p>17:20 Introduction of Based Rollup</p><p>18:28 Starknet's solution and rationale</p><p>24:35 MEV extraction space after sequencer being decentralized</p><p>28:06 Mental model of L2s dealing with MEV</p><p>33:42 Is PBS necessary on L2? If yes, in what sense?</p><p>39:40 Different options for outsourcing block proposal to a third party?</p><p>46:05 Starknet's current priorities</p><p>49:40 The perspective of protocol design</p><p>52:40 Projects of Starknet and Nethermind that need your engagement</p><p>--</p><p>Disclaimer: Any projects or tokens mentioned in Wen building don't construe any financial advice. This podcast is just for informational purposes.</p><p>--</p><p>Resources:</p><p>Nethermind: <a href="https://www.nethermind.io/">https://www.nethermind.io/</a></p><p>Starknet docs: <a href="https://docs.starknet.io/documentation/">https://docs.starknet.io/documentation/</a></p><p>Starknet forum: <a href="https://community.starknet.io/">https://community.starknet.io/</a></p>
January 12, 2024
Ep9 Are We Heading Towards the MEV Dystopia? A Deep Dive into the Complexities in MEV Supply Chain & Available Mitigations
<p>After the Merge, the MEV landscape is grappling with an unexpected development— the integration of CeFi and DeFi searchers and builders.. A few powerful entities act like mafia getting access to each layer down the stack, posing substantial risks to Ethereum and users' funds. The question looming is whether we are inexorably progressing towards a MEV dystopia.</p><p>In this episode, Stephanie (@stephaniiee_ho) achieves a milestone in her journey of MEV exploration with Danning (@sui414), a data scientist from Flashbots, who works at the forefront of MEV observation and analysis. They have a deep dive into the most crucial topics in MEV, commencing with an introduction to the components of the MEV supply chain. The conversation unravels the intricate dynamics between the two sophisticated roles, searchers and builders. Danning sheds light on Order Flow Auctions (OFAs), elucidating the distinction in efficiency and privacy setting between the two most significant OFAs. The discourse also touches on the increasing trend of transactions traversing private mempools.</p><p>The conversation further delves into a pressing concern—the emergence of CeFi-DeFi searcher-builder integration as a potent centralizing force within Ethereum, making the MEV dystopia so tangible. Danning provides a comprehensive list of available tools and a user-friendly guide on how to navigate and mitigate the risks of MEV attacks.</p><p>You can find the mentioned websites in the Resources.</p><p>--</p><p>Wen Building is supported by Antalpa Labs. Antalpha Labs is a Web3 developer community dedicated to push the boundaries of crypto space by supporting the innovation and success of open-source projects.(<a href="https://labs.antalpha.com/hackerhouse/">https://labs.antalpha.com/hackerhouse/</a>)</p><p>--</p><p>Timestamp</p><p>01:02 Introduction of Danning and Flashbots</p><p>03:40 What is MEV supply chain?</p><p>09:00 Complexities between searchers and builders</p><p>13:10 What is Order Flow Auction and its landscape</p><p>16:09 MEV Share vs. MEV Blocker</p><p>23:54 OFAs have a high adoption rate in dapps</p><p>25:51 Public mempools are going to dry up?</p><p>26:42 The break down of MEV of order flows in private mempool</p><p>28:00 CeFi-DeFi searcher builder integration</p><p>33:30 We are heading towards the MEV Dystopia?</p><p>37:03: Why observabiltiy and transparency so hard in MEV mitigation?</p><p>38:40 Tools to observe MEV extraction</p><p>44:00 Dark corners missing data</p><p>46:11 Best practices for users to avoid MEV attacks</p><p>48:14 Flashbots' upcoming releases</p><p>--</p><p>Disclaimer: Any projects or tokens mentioned in Wen building don't construe any financial advice. This podcast is just for informational purposes.</p><p>--</p><p><strong>Resources:</strong></p><p>You can observe MEV activities through:</p><p><a href="https://zeromev.org/">zeromev.org</a></p><p>libmev.com/dashboard</p><p>EigenTx: <a href="https://tx.eigenphi.io/analyseTransaction">tx.eigenphi.io</a></p><p>EF researcher Toni Wahrstätter@nero_eth made the DotPics series：</p><p>mevboost.pics (market share of builders, relays, and validators)</p><p>censorship.pics</p><p>tornado.pics</p><p>mempool.pics （proportioan of txs in private pools）</p><p>searcherbuilder.pics (searcher builder integration)</p><p>Flashbots's data tool that aggregates five data sources from different node providers:</p><p><a href="https://mempool-dumpster.flashbots.net/index.html">mempool-dumpster.flashbots.net</a></p><p>other resources:</p><p>Flashbots Docs：<a href="https://docs.flashbots.net/">docs.flashbots.net</a></p><p>SUAVE：<a href="https://writings.flashbots.net/the-future-of-mev-is-suave/">writings.flashbots.net</a></p><p>EigenPhi Twitter space：<a href="https://x.com/EigenPhi/status/1735009300945215850?s=20">x.com</a></p><p>The MEV Supply Chain: a peek into the future of this industry：</p><p><a href="https://flashbots.mirror.xyz/bqCakwfQZkMsq63b50vib-nibo5eKai0QuK7m-Dsxpo">flashbots.mirror.xyz</a></p>
January 2, 2024
ep8 An Anatomy of CoW Swap: A Pioneer In Intent-Based Trading With MEV-Minimizing Approaches - Ft. Anna George
<p>If you are interested in DeFi and MEV, you might have heard of intent-based trading, frequent auction batch, solvers model, and Order Flow Auctions (OFAs). CoW Swap exemplifies the above innovations, organically incorporating them in a DEX product, ensuring optimal prices, the best routes, and MEV protection for end-users.</p><p>In this episode, Stephanie (@stephaniiee_eth) and Anna (@AnnaMSGeorge), cofounder of CoW Swap, engages in a detailed discussion, delving into intricacies of CoW Swap's product design. The conversation explores how the trading cycle in CoW Swap starting with collecting users' trading intents different from the traditional transaction life cycle. Anna shed lights on how the security of users' fund is guaranteed when outsourcing transaction execution to sophisticated solovers; how to bootstrap an effective competition among solvers, which is the key component that takes intent-based trading to the next level; what are the strategies to continuously incentivize solvers and keep them behaved at the meantime.</p><p>Their discussion extends to broader subjects such as how a new joiner perceives the presence of Uniswap, why CoW Swap embraces MEV minimization over MEV maximization, and why mitigation at dapp level makes sense.</p><p>--</p><p>Wen Building is supported by Antalpa Labs. Antalpha Labs is a Web3 developer community dedicated to push the boundaries of crypto space by supporting the innovation and success of open-source projects.(<a href="https://labs.antalpha.com/hackerhouse/">https://labs.antalpha.com/hackerhouse/</a>)</p><p>--</p><p>Timestamps</p><p>01:15 Introduction of Anna and CoW Swap</p><p>03:48 Landscape of DEX Aggregators</p><p>05:56 What differentiates CoW Swap from other DEX Aggregators?</p><p>07:50 Trading cycle in CoW Swap</p><p>10:54 Any risk for users to delegating transations executions to solvers?</p><p>14:11 How CoW Swap brought intent-based trading to the next level?</p><p>17:26 How CoW Swap boostrapped the competition among solvers?</p><p>23:08 The sustainability of solvers' incentive policy</p><p>25:21 Is the solver set permissioned or permissionless?</p><p>29:22 The winning batches are sent through MEV blocker</p><p>31:34 How CoW Swap effectively enhances user welfare?</p><p>38:03 The first mover advantage of Uniswap</p><p>41:31 Comparison with Uniswap X</p><p>44:34 Why CoW Swap embraces MEV minimization over MEV maximization?</p><p>46:44 PBS is a result of MEV maximization?</p><p>50:10 Does mitigate MEV at dappp level make sense?</p><p>55:50 MEV blocker provides broader MEV protection</p><p>58:10 The roadmap of CoW Swap</p><p>--</p><p>Disclaimer: Any projects or tokens mentioned in Wen building don't construe any financial advice. This podcast is just for informational purposes.</p><p>--</p><p>Resources：</p><p>Cow Swap <a href="https://twitter.com/CoWSwap">https://twitter.com/CoWSwap</a></p><p>MEV Blocker <a href="https://mevblocker.io/">https://mevblocker.io/</a></p>
10 total episodes available
Deep-dive analytics for Wen Building
Frequently asked questions
Have a different question and can't find the answer you're looking for? Reach out to our support team by sending us an email and we'll get back to you as soon as we can.
- What is Wen Building?
- How often does this podcast release new episodes?
This podcast updates weekly.
- Where can I listen to this podcast?
This podcast is available on 7 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
- Does this podcast accept guests?
Yes, this podcast regularly features guests.
Legal Disclaimer
Pod Engine is not affiliated with, endorsed by, or officially connected with any of the podcasts displayed on this platform. We operate independently as a podcast discovery and analytics service.
All podcast artwork, thumbnails, and content displayed on this page are the property of their respective owners and are protected by applicable copyright laws. This includes, but is not limited to, podcast cover art, episode artwork, show descriptions, episode titles, transcripts, audio snippets, and any other content originating from the podcast creators or their licensors.
We display this content under fair use principles and/or implied license for the purpose of podcast discovery, information, and commentary. We make no claim of ownership over any podcast content, artwork, or related materials shown on this platform. All trademarks, service marks, and trade names are the property of their respective owners.
While we strive to ensure all content usage is properly authorized, if you are a rights holder and believe your content is being used inappropriately or without proper authorization, please contact us immediately at hey@podengine.ai for prompt review and appropriate action, which may include content removal or proper attribution.
By accessing and using this platform, you acknowledge and agree to respect all applicable copyright laws and intellectual property rights of content owners. Any unauthorized reproduction, distribution, or commercial use of the content displayed on this platform is strictly prohibited.