Discover and read the best of Twitter Threads about #univ3

Most recents (3)

According to @jphackworth42, the revenue of #JIT #MEV on #UniV3 has reached $7.3M as of Jun 8. dune.com/queries/233623….
The newly released spec of #UniV4 brings novel development to the field. Do you think JIT will become more frequent or less seen?
#UniV3's concentrated liquidity created Just-In-Time MEV bots that extract fees from LPs, with risks for passive providers. JIT involves 3 more txs, it's hard to read the detail steps inside these txs. Let's dissect on of these JIT πŸ€– and find out what's going on inside.
3️⃣ key transactions involved in a JIT trade: add liquidity, swap, and remove liquidity.
Let's take a look at the adding liquidity tx first.
bit.ly/42MvoFt
Steps 0-1: The LP provider added $7.8M $USDC and 98 $WBTC as liquidity to a #UniV3 pool.
Read 25 tweets
A flash bot botched its arb by earning $3 using $200M ⚑️ loan.
bit.ly/3PfnkKC
1️⃣ flash loan from @MakerDAO
2️⃣ saved the loan to @AaveAave to borrow $WETH
3️⃣ used the $WETH to arb on $T between @CurveFinance and @balancerlabs
4️⃣ took the $3 profit
Why did the πŸ€– only borrow such a small amount of WETH? The short answer is it's its intention. Since flash loans have no cost, there is no incentive for bots to consider and optimize the utilization of funds. This situation is common among arbitrage robots.
And the πŸ€– has been doing this all the time πŸ‘‡
You can find out its MEV history on this page: eigenphi.io/mev/ethereum/c…
Its trading volume reached $24.6M today on 40 txs with a profit of $867.

The top MEVs in the last 30D done by it always use Flash Loan.
No.
Read 5 tweets
#CryptoEducation Gems [Mega Thread]

A navigational aid for the variety of projects featured in current @gitcoin #GR13:

A curated list of projects that are helping blockchains become an integral part of the world by empowering people with knowledge and education. πŸ€“πŸ”–πŸ’ͺ

1/N
πŸ”Ž @LearnWeb3DAO / @haardikkk
(education system)

For open-minded individuals, interested in everything they need to know in order to become a #Web3 native.

A very rich resource with a fast-growing userbase of Web3 students.

πŸ‘‰gitcoin.co/grants/5066/le…

2/N #GR13
πŸ”Ž Odyssey DAO / @odyssey_dao
(Educational DAO / resource)

For #Web3 newcomers interested in high-quality learning material with a variety of learning paths.

πŸ‘‰gitcoin.co/grants/5016/od…

3/N #GR13
Read 70 tweets

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