THE FUTURE OF MEV 

 

Blockchain technology advancements are being driven by the need for higher throughput, lower latency, and more efficient transaction processing. The emergence of high-throughput blockchains like Monad, which aims to deliver 10,000 transactions per second with a 1-second block finality, represent a significant leap forward in blockchain technology. However, as blockchains strive to optimize performance, they encounter issues such as Miner Extractable Value (MEV) inefficiencies, high gas fees, and centralization risks. 

 

WHY WE INVESTED IN APRIORI

 

aPriori’s mission is to address the fundamental challenges in the MEV landscape on Monad by developing a high-performance infrastructure tailored for their network. Here’s why we are excited about aPriori:

 

Innovative MEV Infrastructure

 

aPriori is building a robust MEV infrastructure that enables Monad validators to source blocks from an external network of block builders, benefiting from MEV-related activities. Drawing inspiration from companies like Flashbots and Jito Labs, aPriori introduces core architectural changes to fit Monad’s unique design. aPriori’s solution involves partial-block auctions, allowing builders to construct the top of the block from searcher-submitted bundles while validators append the remaining transactions from the public mempool. This reduces latency and eliminates the need for simulating the entire block proposal.

 

Enhanced User Experience

 

By introducing structure to the MEV marketplace, aPriori helps decentralize Monad’s network and improves the overall user experience by reducing gas fees for users, driving sustainable incentives for validators, and minimizing validator and node traffic. 

 

Strategic Liquid Staking Solutions

 

aPriori’s liquid staking product provides more flexibility and utility to stakers, allowing users to maintain liquidity of their holdings while accruing MEV and staking rewards. Leveraging their MEV infrastructure, aPriori creates a technical moat around their liquid staking solution. Their strong relationships within Monad’s ecosystem and with major oracle providers enable them to quickly create an oracle price feed, a critical component for driving DeFi adoption. This strategic positioning allows aPriori to address significant challenges faced by other liquid staking protocols.

 

A major strength of aPriori lies in its exceptional team, composed of industry veterans with extensive experience in blockchain and high-frequency trading. The executive team includes:

 

Ray, CEO: Led special projects at Jump Crypto and was a high-frequency trader at Flow Traders. Ray brings a wealth of experience in growing middleware from his role as a contributor at Pyth Network, where he helped expand the protocol across 30 chains, serving 150+ dApps. 

 

Olivia, CTO: A former senior software engineer at Coinbase, Olivia designed and built the in-house distributed trace pipeline, handling traffic of 1 million traces per second. She brings expertise in infrastructure and high-availability systems.

 

We are thrilled to lead the $8 million seed round for aPriori as they continue to build the necessary infrastructure for MEV and liquid staking on Monad. 

 

For more information about aPrior and to explore potential opportunities, please visit apr.io.