OFAs and solutions like OEV-Share are paving the way for a fairer MEV landscape, where the value shifts towards users and dApps. Embracing these innovations could lead to more equitable blockchain ecosystems, ensuring better execution and rewards for all.

Now you may be wondering why a dapp should choose OEV-Share over a mechanism like dutch auctions. OEV-Share provides better efficiency by increasing the granularity of the auction and preventing frontrunning in the blockspace auction.

3️⃣ Hosting the auction at the oracle also reduces latency by allowing for oracle updates between deviation thresholds, and preventing the auction time being a delay for already generated oracle updates.

2️⃣ By hosting the OFA at the oracle you minimize trust by constraining it to the same entity you're already trusting for oracle services.

API3 believes all dapps will need an MEV solution, and yet many remain unaware of the impact of MEV on their protocol performance and users. OFAs such as MEV-Share and MEV-Blocker have shown to be effective in capturing MEV for users.

In the current MEV value chain: 🌊 Validators get the lion's share of MEV 💦 Searchers/builders receive less ❌ dApps/users creating transactions get nothing OFAs are set to change this, flipping the value chain to reward users & dApps for their order flow.