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arbitrage transactions

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 26, 2019 by Phil Dayan · across every show →

Everything said about arbitrage transactions, oldest first

Feb 26, 2019
Assertion Supported
Dayan: Front-running arbitrageurs bid tens of thousands of dollars in fees
“Subsidize these arbitrage transactions, which often cost thousands and thousands of dollars in fees. Like people are bidding multiple thousands, even tens of thousands in fees on these transactions.”
Phil Dayan Feb 26, 2019 ▶ 35:17 a16z Podcast | Voting, Security, and Governance in Blockchains and Cryptonetworks
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