Thread by @jgarzik

1/ Supportive of this innovation and effort, and encourage people to participate.

https://twitter.com/RuneKek/status/1313502099465003009

2/ #Ethereum bot ecosystems often unintentionally evolve to single-bot-wins situations, where it is pointless & costly to run a bot that consistently comes in "2nd place"

3/ Bot 1 consistently wins liquidation auctions. It becomes unprofitable for others to play the game, resulting in a single player game. If the player (Bot 1) leaves or malfunctions, no other bots step up and take its place, due to incentives & deteriorated ecosystem.

4/ Some commonly used #Ethereum #DeFi systems suffer from bot monoculture, and heavy reliance on some centralized piece of trustless infrastructure, and are more fragile than they appear on the surface.