Most trading platforms use what is effectively a second-price auction model. The user pays a high fee upfront, the landing service monitors the auction and pays the lowest possible tip, and then pockets the difference and rebates it to the trading platform.
Feels like Jito could disrupt this business by building some sort of second-price auction and rebate service directly into the block engine.
The key UX problem being that the user does not know what the state of the auction will be in 30 seconds with any certainty and the cost of a failed tx is extremely high.
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