What Is Mekatek?
Mekatek is a blockchain infrastructure protocol that democratizes access to Maximum Extractable Value (MEV) by enabling sovereign chains to decide how this value is distributed.
Background
Mekatek came to market in 2022.
How It Works
Mekatek’s primary goal is to transform how sovereign chains interact with MEV. Their contribution to this goal is Zenith, their first product, which acts as a market for block space in supported Cosmos networks.
In practice, participating validators delegate block production to Zenith. In return, they earn a share of the revenue generated by winning bids from participating searchers. These searchers submit bids or bundles of transactions, which are prioritized in the block if they win at auction.
Key Takeaways
- Mekatek is a blockchain infrastructure protocol that aims to democratize access to Maximum Extractable Value (MEV).
- The protocol allows sovereign chains to decide how MEV is distributed.
- Mekatek was introduced to the market in 2022.
- Zenith, the first product from Mekatek, acts as a market for block space in supported Cosmos networks.
- Validators who delegate block production to Zenith earn a share of the revenue from winning bids submitted by searchers.
