# 170 - Burning MEV with Justin Drake and Dom

*Author: Ryan Sean Adams, David Hoffman*
*Published: May 5, 2023*
*Source: https://www.bankless.com/170-drake-dom*

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Ethereum is getting yet another economic upgrade! The scarcity engine is getting a massive level up with the advent of the MEV Burn.

With Justin Drake and Domothy, they walk us through the research and reasoning behind this next upgrade.

Just when we thought we couldn’t get any more bullish…

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### TIMESTAMPS
0:00 Intro

5:30 What is MEV?

12:00 MEV is Subjective

15:45 The Oil Analogy

19:45 The Benefits of Smoothing

27:05 Builders and Proposers

37:15 Forced Centralization

43:05 Rug Pool Protection

47:00 Distribution

54:40 Pros of Burning

1:02:00 Burning on Overdrive

1:06:15 Does this Hurt Stakers?

1:10:40 Too Deflationary?

1:20:00 Monetary Premium

1:25:00 EIP-4844

1:28:00 The Engine

1:32:30 Wen?

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### RESOURCES
Justin Drake:

https://twitter.com/drakefjustin?s=20

Dom:

https://twitter.com/domothy?s=20

Hildobby's Dune Board:

https://dune.com/hildobby/eth2-staking

Ultrasound.Money:

https://ultrasound.money/

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### RELATED EPISODES
EIP-1559:

https://www.bankless.com/-eip-1559-hasu

https://www.bankless.com/-eip-1559-expert-panel-tim-beiko

MEV:

https://www.bankless.com/-cryptos-existential-threat-mev-panel

https://www.bankless.com/125-matt-cutler

Ultra Sound Money:

https://www.bankless.com/-sotn-44-modeling-ultra-sound-money

https://www.bankless.com/-ultra-sound-money-justin-drake

https://www.bankless.com/-moon-math-the-bull-case-for-cryptography

Justin Drake: 

https://www.bankless.com/134-ethereum-unsensored-with-justin

https://www.bankless.com/shanghai-capella-eth-staking-withdrawals-with-tim-beiko-justin-drake-and-anthony-sassano

https://www.bankless.com/150-bull-case-for-ethereum-iv-with-justin-drake-dcinvestor-anthony-sassano

https://www.bankless.com/devcon-2-justin-drake

https://www.bankless.com/15-bad-eth-takes-with-justin-drake

https://www.bankless.com/the-pow-vs-pos-debate-lyn-alden-and

https://www.bankless.com/-layer-zero-justin-drake
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