This podcast episode delves into the concept of MEV (Maximal Extractable Value) burn in the context of Ethereum, exploring how it can help address negative externalities caused by MEV spikes, enhance chain stability, and improve the overall security of the network. It discusses the potential benefits of MEV burn, including increased value of ETH, a decrease in issuance, a transfer of wealth from stakers to holders, and a positive impact on staking businesses. The episode also explores the technical challenges associated with MEV burn, such as separating the role of proposer from block builder, and the potential impact of MEV burn on the issuance policy and monetary premium of ETH. Overall, the episode provides a comprehensive overview of MEV burn and its implications for the Ethereum ecosystem.
