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Home»Blockchain»MEV protection for BNB chain
Blockchain

MEV protection for BNB chain

2023-10-08No Comments2 Mins Read
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Announced in a blog post by Wallchain investor, MH Ventures, this latest integration with BNB Chain’s leading decentralized exchange aims to allow PancakeSwap’s community to benefit from Wallchain’s MEV protection and discount features.

According to the post, Wallchain’s integration partners “now cover 90%+ of order flow on the BNB chain.” Although Wallchain is starting with BNB Chain, it reportedly plans to expand its offering to other major EVM ecosystems, with the aim of improving the cryptocurrency user experience across the industry.

“The integration with PancakeSwap is a big step forward. The PancakeSwap community will soon be able to take advantage of Wallchain’s advanced MEV discount features, saving on MEV losses. This is a win-win situation for both platforms and users.” reads the message

Wallchain’s solution to MEV vulnerability

Wallchain uses an innovative solution known as ‘meta-intents’ to improve the cryptocurrency user journey.

Meta intents work by “combining user transaction data and searcher backrun into a single transaction” – a process that not only protects merchants from MEV attacks, but also provides a financial benefit as a result.

MH’s blog post further highlights three of Wallchain’s most notable achievements:

  1. Eliminates the need for additional gas/bribes.
  2. Blockchain type independence, making it blockchain agnostic
  3. MEV extraction before OFA, RPCs, sequencers, validators etc.

“The launch of Wallchain’s integration with PancakeSwap marks a pivotal moment in the crypto industry and sets new standards for user-centric innovation and cost efficiency. This collaboration not only addresses the long-standing problem of MEV attacks, but also transforms it into an opportunity for users to benefit financially.”

See also  Georgia Opposition Party launches United Space, a blockchain-based democracy app ahead of the elections

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