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Recently, I've been looking into MEV again. Basically, it's about someone being able to "cut in line" on the blockchain. The biggest impact isn't necessarily from large whales, but rather ordinary users who just click at market price and get filled: slippage increases, transaction prices become inexplicable, and before and after the same operation feels like someone rifled through their pockets... You ask me if it's fair, I can't really say, I just feel the experience has genuinely worsened.
Some public chains are shouting about performance and TPS every day, but what I care more about is the "signal": whether the user experience for the same swap/mint is stable, failures are fewer, and prices aren't so easily front-run. When things are lively, various staking, shared security, and yield stacking are quite eye-catching, but I also understand the complaints about "over-structuring" — if the underlying ordering isn't clean, no matter how many layers of yield stacking there are, in the end, it might all be working for those who cut in line. Anyway, I’ll keep observing for now, and wait until I see signals that look more like "users are using it normally" before making any judgments.