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New oracle system to help DApps retrieve millions lost to MEV

<!-- SC_OFF --><div class="md"><blockquote> <p>A new oracle system aims to retrieve the additional fees paid by decentralized application (DApp) users to miners called maximal extractable value (MEV). It is the maximum value a miner can extract from moving-around transactions when producing a block on a blockchain network. </p> <p>“Data from Flashbots <a href="https://explore.flashbots.net/">suggests </a>that block producers have captured nearly $653 million in MEV. “</p> </blockquote> <p><a href="https://cointelegraph.com/news/new-oracle-system-to-help-dapps-retrieve-millions-lost-to-mev">From CoinTelegraph </a></p> <p>I don’t think big block producers will be happy if OEV becomes commonplace! Certainly a step in the right direction for the everyday man in crypto though.</p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/stanley9528"> /u/stanley9528 </a> <br/> <span><a href="https://www.reddit.com/r/ethereum/comments/ylbg5x/new_oracle_system_to_help_dapps_retrieve_millions/">[link]</a></span>   <span><a href="https://www.reddit.com/r/ethereum/comments/ylbg5x/new_oracle_system_to_help_dapps_retrieve_millions/">[comments]</a></span>