Fastlane Labs attracted $ 6 million to create a hybrid MEV protocol

Fastlane Labs completed the strategic funding round, having received $ 6 million. Figment Capital and DBA acted as a leading investor, and Coinbase Ventures, Hashkey Capital, Robot Ventures and Chorus ONE were awarded. The company introduced a hybrid MEV protocol that is designed to reduce spam levels and increase the efficiency of transactions on the network.

Fastlane Labs developers say that their solution will help optimize the mechanisms for extracting the maximum value of miners (MEV). Traditionally, MEV is associated with the problems of network overload and speculative transactions. The new protocol seeks to create a balance between participants, avoiding excessive transactions and improving the overall quality of blockchain.

In addition to large funds, several angel investors took part in the round, including cubes of Mensch, Stefan Gosselin, T -shirt of Neider and others. Their experience and resources will help Fastlane Labs scale the project. According to company representatives, the financing received will go to the in -depth development of the protocol and the security audit.

The Fastlane Labs team emphasizes that the hybrid approach to MEV is designed to eliminate the contradiction between the speed and reliability of transactions. The project intends to introduce multi -level architecture, which will allow validators and other network participants to interact with minimal costs. Such a system should increase transparency and reduce the risk of manipulation.

Investors see the potential of Fastlane Labs in solving one of the main problems of the blockchain – excessive operations slowing down the network. They expect the protocol will be widely used in decentralized applications and exchanges. The agreements reached emphasize the high interest of the market in new tools to combat spam and optimize transactions.

Author

Peter Ivanov