Constitutional AIP: Proposal to adopt Timeboost, a new transaction ordering policy

We are definitely excited to see Timeboost will be introduced to mitigate the issues around the L2 MEV landscape and actors while appropriately capturing the revenue opportunity and/or introduction to the burning mechanism for the ARB token.

We are generally in favor of Option 1 in terms of the auction proceeds. We believe the current priority for the DAO is to sustainably manage the DAO treasury as we are currently discussing the Arbitrum gas fee and sequencer revenue. We also like the “split profits” option @DisruptionJoe suggested too, but we consider it the best to keep the ratio of the ETH collection much more than the ARB burning for the short term anyway.

When it comes to the implementation and integration, we would suggest the team to look into what FastLane has been working on as the idea of introducing an Express Lane is very similar to their approach. (Ref: Alex’s post, Disclaimer: Tané’s investment arm is an investor of FastLane)

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