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Manifold Finance has introduced the MEV (Miner/Maximal Extractable Value) auction protocol, as reported by The Block. This protocol focuses on optimizing the order of blockchain transactions to increase validator earnings. Notably, Manifold's auction system allows for multiple winners per slot, in contrast to Ethereum's single winner per slot model. Additionally, the project has introduced the liquidity staking token mevETH. It is led by Leo Cheng, co-founder of Cream Finance, with advisory support from Sam Kazemian (founder of FRAX) and 0xMaki.
