We are in favor of adopting the Timeboost transaction ordering policy. This implementation will introduce several key benefits to the Arbitrum ecosystem:
- Efficient Arbitrage: Timeboost will enable more efficient arbitrage opportunities within the network, helping to tighten price spreads and provide better trading experiences across decentralized exchanges (DEXs) and other protocols.
- Lower Infrastructure Burden: By optimizing the way transactions are ordered and processed, Timeboost will reduce the infrastructure burden on validators, ensuring more efficient resource usage and faster transaction throughput.
- New Revenue Stream for the DAO: A key benefit of Timeboost is its ability to collect bids in ETH for transaction ordering. This can generate a new and sustainable revenue stream for the Arbitrum DAO, strengthening the DAO’s long-term financial health while maintaining fair and efficient transaction processing.
We believe the introduction of Timeboost will be a valuable addition to the Arbitrum protocol, benefiting both the community and the DAO by enhancing the performance and economic incentives of the ecosystem.