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Great article, the definitions for opportunity cost & capital costs should be swapped.

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Brilliant. Why do you think there is a surge in MEV in middle Nov. in the figure you provided above from MEV boost? I would be looking forward to a post on the upcoming Shanghai upgrade. I think it would be a double-edged sword. On the one hand, validators would be able to withdraw ETH which creates liquidity. On the other hand, validators might have new attacks to perform or become more short-sighted because they would be able to redeem the staked ETH which might make they care less about the long term prosperity of the Ethereum ecosystem. (in similar spirits of the finite prisoner dilemma)

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