Odaily News - Flashbots infrastructure service researcher Shea Ketsdever announced that Flashbots has open-sourced all the source code for MEV-Share-related references and tools, including protocol specifications, nodes, client libraries, and example bots.



Additionally, Flashbots is offering funding for client library development in other languages to encourage more developers to integrate and expand MEV-Share (applications can apply until today).



Ketsdever also mentioned that with SUAVE, the team envisions a decentralized platform for combining and expanding MEV applications like MEV-Share, and they hope that the open-sourcing of MEV-Share nodes will accelerate innovation and transparency in order flow auctions.



Previously in February, blockchain research and infrastructure provider Flashbots launched a new protocol called MEV-Share. This protocol aims to distribute a portion of the funds earned from Maximum Extractable Value (MEV) to Ethereum users, not just validators and block producers. The announcement of this new protocol was made by the Flashbots team on their community forum, and it is currently in the proposal stage.



MEV-Share is a new protocol that allows Ethereum users to benefit from profits generated by MEV and become part of the transaction supply chain. Flashbots' product lead, Robert Miller, stated that MEV-Share can match transaction bundles from searchers with user transactions by introducing a new entity called a "matchmaker," enabling searchers to further optimize their MEV capture work. The team ensures that sensitive user transaction details, such as wallet addresses, will remain confidential.