MEV Committee Renewal

The social mitigation strategy received positive support from the community, and launched with a group of seven contributors to help coordinate decision making and planning for mitigation strategies. The group was successful in catching a potentially malicious validator, P2P, and promoting best practices for validators to maximize performance (reducing the likelihood of MEV).

While we consider this initial implementation a success, we also think the committee structure can be improved by trimming the amount of contributors. We also now know that the majority of the work required involves reviewing validator configurations/setups and performing data analysis of on-chain activity to uncover malicious behavior. Contributors should be familiar with Cosmos chains, validator setups, and on-chain data analysis via SQL.

With that in mind, we are revamping the Committee with two contributors that bring specialized skill sets. 0xCLR, a Chaos Labs contributor and an existing member of the committee, is very familiar with on-chain data analysis and trading behavior. Jordi, a research contributor at Imperator and former data analyst at Flipside, spends his days writing SQL queries on Cosmos chains -- bringing tons of insight on data wrangling via Numia and validator configurations. Reverie will also participate in the committee (but not be paid additional compensation for contributions) to help coordinate decision making and planning.