You vs Your MEV Competition

You: • trying to get chatgpt to write you an entire strategy • stars random mev related repos on github • on chapter 4 of "the rust programming language", "i hate rust" • simple js script that merely reads a contract still doesn't compile • thinks you get alpha from mev personalities on twitter • "MEV is just a sp0op" • gets rugged easily Your competition: "Institutional John" • quant at crypto arm of a trading firm that has no idea what he does • adjusts his tie whilst he codes in Python 2.1 • can afford to lose more money than you have ever made • outbids everyone, 99.99% profit goes to validator • completely indifferent to the future of crypto, will probably return to tradfi in 2 years "Family Man Bjorn" • started doing MEV as a weekend hobby during golden era (late 2020) • gets off at 5 from senior dev job, still outperforms most quant and prop funds by an order of magnitude • writes in C++ and x86 assembly, referencing a concurrency model from a paper published in 1999 • kids constantly running in and out of his office • doesn't know what Rust is. Most recent tweet is a pic from a fly fishing trip a year ago. • home PC is literally more powerful than AWS • loves saying YAGNI and has an xkcd comic for every situation "OxCuteSocks" • started MEV exclusively to see rental, ends up in gas with actual alpha • doesn't really care about profits • gender/sexuality extremely ambiguous • searching on some obscure CEX with massive trading vol but no users • stares at their own Twitter profile 1 hour a day • open sourced a 8000 line rust bot that's unfinished (but you can't tell the difference) • takes ungodly dosages of stimulants "Undergrad Chad" • writes in Golang because "the concurrency primitives are super nice dude" • president of blockchain club • can see them opening Sublime Text in lectures • taking a course in graph theory • paying $8k tuition, but willing to fail their classes to make a single dollar with their bot • literally uses bubble sort in their code • questions daily if they should be applying for tech internships instead "Researcher Lebnitz" • EECS PhD Candidate • could be making millions but would rather solve the Landauer limit for MEV • sometimes sends texts in LaTeX by accident • trying desperately to apply zpp to block building • posts 3 hour presentations on auction mechanisms and bread-first game theory that get 34 views "Insider aka. OxMonk" • lead Developer at Major DeFi Protocol • runs the most performant bot on their own protocol, flexes it on twitter from an alt • wrote the entire codebase and is the only one who can understand it • is ready to extract new value before a governance proposal is even made • says "there is MEV on x" and nothing further • "I'm just a Keeper, anyone can compete with it" • rarely tweets from main for legal reasons

В меме сравнивается обычный начинающий MEV-разработчик с несколькими карикатурными типами конкурентов: институциональным трейдером, семейным инженером, эксцентричным боттером, студентом, исследователем и инсайдером протокола. Шутка строится на преувеличении технических навыков, финансовых возможностей и абсурдной специфики криптовалютной MEV-среды. Такой мем отправляют как самоироничную реакцию на ощущение, что конкуренты в крипторазработке одновременно богаче, умнее и страннее тебя.

• @profunctor_io / 8553 2023-01-02