EDEN

1. Project introduction

Eden Network is a priority transaction network that protects Ethereum traders from malicious MEV and arbitrary reordering. In technical terms, Eden Network is an optional, non-consensus breaking ordering protocol. The protocol creates a transparent and fair set of rules to order transactions within each block.Eden Network takes a user-focused approach to the MEV problem, and includes stronger incentives for all stakeholders driven by a protocol token. It comprises a novel transaction ordering mechanism and a private relayer that any user, application, or bot can leverage in order to obtain state guarantees around submitted transactions.

The goals of the Eden Network are:

(1) Improve earnings for block producers and increase consensus-level security;

(2) Protect users from malicious MEV (frontrunning, sandwich attacks, etc.) and reduce the negative externalities MEV has on Ethereum;

(3) Tokenize MEV, and democratize access to it using network token incentives.

2. Team introduction

Co-Founder: Caleb Sheridan

Linkedin: https://www.linkedin.com/in/caleb-sheridan/

3. Investment institution

BR Capital, Genblock Capital, Jump Capital, Multicoin Capital, Vendetta Capital

4. Application and distribution

Total supply: 250,000,000

Token application:

(1) EDEN is used to conduct the continuous auction for claim to priority blockspace, and provides users access to private relayer.

(2) EDEN are burned on a daily basis under the Harberger tax imposed on slot tenants to ensure that there is a frequent rotation of top addresses, creating a constant demand for EDEN tokens

Token distribution:

Initial distribution: 10,000,000 in total:

8,100,000 are distributed to validators and liquidity providers, 1,000,000 tokens are airdropped to key bots, validators, and users, 900,000 tokens are returned to the treasury as per emission schedule Monthly inflation is distributed as follows:

(1) Block producers: 60%;

(2) Liquidity Providers: 30%;

(3) EDEN Treasury: 10%.