I am voting in favor of this proposal on Snapshot.
Thank you very much for the proposal and for all the work in developing Time Boost. I believe MEV capture is beneficial as long as it doesn’t affect the user experience or their economic interests, and it provides the DAO with an additional source of revenue beyond the usual fees.
That said, MEV capture is still a topic whose legal implications remain somewhat unclear. There is no clear regulatory outlook, nor a solid stance from various jurisdictions on this matter.
This is why I find @chaoslabs analysis of potential risks crucial, particularly the possibility of capturing MEV derived from sandwich attacks on users during the liquidation of their positions.
I would like to know if the Foundation or the OCL team has a reporting roadmap or if they are considering hiring a service provider for this purpose. These reports could be funded with the new revenue generated by Time Boost.
Regarding this, like many other delegates, I lean toward capturing the gains in ETH. This will strengthen the DAO’s treasury with the most important and valuable asset in the Ethereum ecosystem. I’m also not a big fan of burn initiatives, as past experiences have shown they don’t have the short-term impact people expect (i.e., price increases). Market dynamics and asset prices depend on multiple factors, and such measures usually fail to deliver the desired outcome.