FAQ
Last updated
Last updated
What is MEV (Miner Extractable Value), and why is it important? MEV, or Miner Extractable Value, is the additional profit that miners or validators can earn by strategically reordering, including, or excluding transactions within a block. It’s important because it provides an extra revenue stream for validators, enhancing their incentives and potentially increasing the security and decentralization of the network. For investors, understanding MEV is crucial as it impacts the profitability of staking and the overall efficiency and fairness of the blockchain ecosystem. Sova leverages MEV to optimize staking rewards on the TON blockchain, making it a compelling opportunity for those looking to maximize returns in the digital asset space.
How does Sova help optimize MEV on the TON network? Sova optimizes Maximal Extractable Value (MEV) on the TON network by implementing advanced algorithms and integrating with an external oracle to strategically order transactions. This approach maximizes rewards for validators and stakers while ensuring fair distribution. Sova introduces a transaction bundling and auctioning system, allowing searchers to bid for block inclusion, optimizing MEV extraction through a competitive market. Additionally, Sova reduces transaction latency and enhances transparency, fairness, and security, making MEV extraction more efficient and equitable for all participants on the network.
What are the requirements for running a validator on Sova? To run a validator on Sova, the hardware requirements are consistent with those of a standard TON validator, ensuring accessibility for existing TON validators. However, validators must operate the Sova Validator client fork, which is seamlessly integrated with the Sova Engine. This customized software is crucial for participating in Sova's enhanced transaction processing and optimization features, ensuring validators can maximize their potential earnings.
What security measures does Sova implement? Security is a top priority for Sova. To protect users and validators, we have implemented rate limits for searchers to manage their subscription to transactions and the submission of bundles, ensuring that the system remains robust against potential overloads or abuse. Additionally, we are committed to the transparency and reliability of our platform by planning external audits of our customized TON client. These audits will provide an independent verication of our security protocols and system integrity, further enhancing trust among our stakeholders.
Can I participate in MEV optimization on Sova as a non-validator? Non-validators have the opportunity to participate in MEV optimization on Sova. Operators of TON LiteServers or Wallet platforms can run custom Light servers. However, to be eligible for reward participation, these operators must obtain authorization from the Sova team. This controlled approach ensures that only trusted participants contribute to and benefit from the MEV optimization process, maintaining the integrity and effectiveness of the network.
How does Sova handle network congestion or high transaction volumes? Sova addresses network congestion and high transaction volumes through its innovative architecture. By exposing mempool transactions to the Sova Engine and allowing searchers to define and submit optimized bundles, Sova ensures that only the most valuable and efficient transactions are processed.
Where can I explore MEV bundles and validator activity? You can explore elected bundles, transaction inclusion, and validator activity on Sova explorers:
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