The issue with using priority fee as a signal for MEV is that L2 MEV bots don't seem to pay higher gas prices
Maybe it's due to lower competition or the mempool being private by default, but this is the status quo
Meaning using this hook would do little to stop MEV bots
💥 Unlocking MEV for LPs: Introducing the MEV-Cap Hook on Balancer V3
Balancer V3 introduces the MEV-Cap Hook — a new hook that captures MEV and redirects it back to the people who deserve it: liquidity providers.
We’re turning MEV from a leak into a yield stream. Here’s how 🧵👇
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