TechFlow news: The dYdX community will launch a social slashing strategy against MEV, with 85.6% of members expressing support. The community will adopt this strategy to mitigate MEV by using Skip's dashboard to monitor on-chain behavior and identify malicious actors.
Meanwhile, the MEV Slashing Committee has been established, consisting of seven members serving six-month terms, with a budget of $84,000 ($2,000 per member per month). Members' responsibilities include reviewing MEV activities, examining anomalous data, providing regular reports, and making recommendations for community actions. All social slashing proposals will be subject to governance votes.
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