We’ve long argued that MEV and unfair validator behaviour are preventable via ACE. Now, we're putting our points where our mouth is, and offering rewards to 250k+ solana wallets that are verified victims of sandwitching. Go check if you qualify at: app.fermi.trade/points More soon!

Imho the under-discussed aspect in the microstructure debate is how FCFS is simply the lowest latency ordering rule for all participants. Every other (non-forward time) rule requires you to wait after your transaction already landed, as execution depends on subsequent events. This applies to everything from Maker Priority, FBA, FBO, and taker speedbumps. Probably a major reason for its dominance in tradfi markets.