Crypto Decrypte

At Jupiter, we are relentlessly focused on both figuring out the best trading experience and also protecting our users. In Solana, sandwich attacks are a massive problem due to the low txn cost making it extremely efficient for bad actors to perform them. It increases volume, but saps a ton of value from the most important group of people - the users. These can be mitigated in 2 major ways - lower slippage and preventing the attackers from finding the transaction. We have been working relentlessly on these, but at many times been criticized for since sometimes it comes at a cost to the user experience. So finding a balance is absolutely crucial. For the former, we have been constantly improving dynamic slippage, with most swaps happening at wayyyyy less than the industry norm of 0.5% (and wayyyy lower than the crazy 20% that some users set), and with absolutely zero input needed from the user as they go from trading anything from SOL to USDC to the most degen coins. There’s still a lot to improve, particularly for high volatile tokens, but we are working on it constantly it such that slippage settings become completely a thing of the past, much like how most people drives on auto these days (soon FSD lol) For the latter, we have been working on a number of things, including sending txns to only trusted validators, but even that’s not foolproof. So today, we also introduced a MEV protect mode, which will only send txns directly to jito block engines, minimizing the risk of sandwiches even more. Balancing user convenience and protection is a never ending game, and at times a really hard one, but I’m constantly impressed with our team’s commitment to always trying to figure it out, led by the relentless @worlddlck, @PierreArowana, @0xSoju, @0xYankee and others. nitter.gq/worlddlck/status/18309… Once again, let us know if there’s anything we can do better, good or bad!