By KatsuragiThere’s been much ado about MEV lately. Why is it so hot right now? No telling, really. MEV has been widely present (and captured) on Ethereum for many months now. Proper understanding eludes the masses due to its complex technical nature, so we set out to share our thoughts on it and why it is important. The existence of MEV on state-rich blockchains like Ethereum creates powerful incentive structure that can pervert the decentralized nature of the EVM itself, as we will explore....