🚀 MEVengers: World's first social mechanism to hedge against MEVs 💰⚡
MEVengers is the world's first MEV (Maximal Extractable Value) protection system accessible through Telegram, democratizing MEV protection for retail users.
MEVengers creates a complete ecosystem where:
Our smart MEV detection system computes and onchain MEV score by analysing the following params:
Our hook automatically detects MEV scenarios and starts fee auctions. Users compete to set protective fees - winner pays premium but gets 50% back, everyone else gets protection. It's like surge pricing for MEV protection, but decided by the community
We implement Time Weighted Auction mechanics to incentivize early bidders: Early bidders get 20% time bonus Mid bids get 10% time bonus
Community-Funded: Automatic funding from auction proceeds
Evidence-Based: Requires cryptographic proof of MEV loss
Partial Coverage: 50% compensation to prevent moral hazard
Pool-Specific: Separate insurance funds per trading pool
MEVengers transforms MEV from a zero-sum extractive force into a positive-sum community mechanism where users actively participate in protecting each other.
MEVengers is built as a complete end-to-end ecosystem integrating cutting-edge Web3 infrastructure with accessible Web2 UX.
We implemented a novel auction system where earlier bidders receive time-based bonuses, creating incentives for rapid community response to MEV threats while maintaining fair price discovery.
Built a comprehensive pause mechanism that can halt all operations except admin functions during security incidents, with granular permission controls that allow owners to operate even during emergency states.
Created a community-funded insurance system where auction proceeds automatically contribute to a victim compensation fund, turning MEV protection into a positive-sum community endeavor.
Pioneered accessible DeFi interactions through messaging interfaces, with real-time blockchain state updates delivered as interactive chat messages with proper error handling and user feedback.