Velora’s intent-based model aims to protect users from manipulation like front-running and offers fairness and simplicity by offloading the trade execution burden to automated systems.
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MEV negatively impacts the fairness of transactions. With an intent-based system, we can return power to the user and improve the overall transparency of DeFi trading.
The project first introduced intents-based trading back in the summer of 2024, with hopes that it would mitigate the negative impact of maximum extractable value (MEV) bots.
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