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To be honest, every day I watch that bunch of people rant about MEV and “unfair ordering,” and I’m getting a bit fed up. Retail traders keep saying “cutting in line” affects them, but with on-chain transactions ending up like this, can we really expect miners/validators to play the savior? Their income being high isn’t because they’re doing charity.
I’ve always stuck to tracking only on-chain data—what emotions, candles/K-lines, or the news cycle are, in my eyes, is just noise. But lately I’ve been disgusted by the way a few MEV arbitrageurs have been “robbed” people: you just place your order, and you get sandwiched to death—your slippage is faster than a slide. Retail thinks it’s because the market is too volatile; the real issue is that your order’s liquidity gets eaten.
Forget it—there are classes on-chain too. To put it plainly, whoever bids higher gets to go first.
Now I see someone calling for “fair ordering,” and I just want to laugh. If it’s truly fair, then who is providing you the order? Better think about how not to clamp down the fee settings too hard. Anyway, I’m set on watching cash flow—I can’t be fooled by that whole emotion play.