- A Measure of the profit a miner (or validator, sequencer, etc.) can make through their ability to arbitrarily include, exclude, or re-order transactions within the blocks they produce.
- Transactions are simply organized by transaction fee, such that the highest fee/byte transactions are included first, whereas the lowest fee transactions above the threshold for inclusion are included last to ensure the block is filled.
There is something here for us. I am not saying anything unscrupulous, but we are operating in an unregulated space. If ''they'' didn't say we can't do it, exploit the inefficiency until its not there. Efficient market theory is inevery Portfolio Management Class out there.
For more info:
https://coinmarketcap.com/alexandria/glossary/miner-extractable-value-mev
https://coinmarketcap.com/alexandria/article/frontrunners-and-mev-explained-how-to-beat-the-bots
Please get some ''strange'' ideas. Doing the same thing everyone else does, gets you the same returns as everyone else. If everyone else is getting those returns, you technically have not made any return, you are playing catch up. The only thing catchup is good for is small fries.