Features
Destroying Fake Competitions and MEV Bots.
To ensure Buy Royale was a robust and trustworthy product from the outset, we implemented the following critical features:
Escrow System
Integrated into our software is an escrow system that forces the competition creator to deposit the SOL prize into the bot prior to the start of any competition. This mechanism is crucial in preventing bad actors from initiating scam competitions that might attract participants with the promise of non-existent prizes.
Anti-MEV Mechanics
During testing, we encountered an issue with MEV (Miner Extractable Value) bots that could buy massive amounts of supply in a single transaction, thereby skewing competition results. To counter this, we opted for a system where the winner is determined by who accumulates the most supply over the entire duration of the competition. This approach discourages the strategy of buying and immediately selling tokens just to secure the prize, ensuring a more equitable and engaging competition for all participants.
Last updated