Description
To build an in-protocol custom MEV module for Osmosis that aims to capture and distribute MEV to Osmosis participants. Note that the delivery of the grant is conditional upon governance approval. The milestones are as follows: Milestone 1 = delivery of MVP on Osmosis testnet with at least 10-20 validator partners; Milestone 2 = mainnet launch with integration of all validators.
Purpose
Skip's custom MEV module for Osmosis will unlock arbitrage revenue (which currently goes to MEV searchers) for the DAO, opening a new source of rewards for stakers and validators.
Useful links
Funding Amount
75,000 USDC
Payment Structuree
33% upfront / 33% at completion of Milestone 1 / 33% at completion of Milestone 2
Execution
6 months
Grantee
Skip Protocol