Alpha Finance Lab is proud to announce that we will share Eden Networks’ priority slot with Band Protocol in order to leverage Eden Network’s priority queue. The Eden Network is bringing significant value to DeFi and the blockchain ecosystem, and we are more than excited to have Alpha be one of Eden’s main launch partners to drive blockchain space forward.
Eden Network is a new priority transaction network for Ethereum which aims to serve its users by protecting them from front-running and creating incentives for block producers after EIP-1559 has been implemented. It also allows for a more equitable distribution of miner extractable value.
Miner extractable value (MEV) is the value or profit that can be made through the process of intentionally re-ordering the transactions within a block when it is being added to the blockchain. Some of the common forms of drawing MEV are frontrunning and sandwich attacks.
Alpha Finance x Band Protocol x Eden Network
Together with Band Protocol, we will be one of the main launch partners of Eden Network. As we continue to drive towards setting a new standard in DeFi, we believe that this opportunity will allow us to lead tech innovation in the right direction.
Alpha Finance Lab will be sharing a priority slot on Eden Network with Band Protocol to explore ways we can leverage Eden Network’s priority network. One use case we are exploring is a liquidation bot for the Alpha Homora product line. This liquidation bot will not only help to increase the security of the protocol but also help to multiply the value accrual in the Alpha ecosystem by redistributing assets back to ALPHA stakers in the future.
The liquidation bot is only one of the many innovative use cases that is being explored on the Eden Network and we are aiming to have more value accruing products in the pipeline.
As we sail towards setting a new standard in the DeFi landscape, we will continue to explore valuable opportunities and partnerships such as the one with Eden Network, opportunities that steer us towards bringing new innovation and untapped value to DeFi.
About Alpha Finance Lab
Alpha Finance Lab is a DeFi Lab, and on a mission to build