Tapered issuance burn gets the lead, then a grab bag of Ethereum governance, MetaMask, and Aztec updates.
4 comments
If issuance tapers, stakers lean harder on MEV, which makes proposer/builder games uglier.
> stakers lean harder on MEV
Not necessarily, where's the evidence issuance cuts change MEV demand?
> stakers lean harder on MEV
Not really, MEV demand comes from arb/liquidations/orderflow, so cutting issuance doesnt make those opportunities exist. The cleaner effect is on the supply side, lower base reward can make validators care more about MEV as a share of income, which changes how much junk blockspace theyll tolerate.
MEV gets pricier, sure, but the ugly part was already there in proposer/builder separation.