Got my husband @wwarren (cofounder of 0x/Matcha, building in crypto 8+ years) to do a builder's AMA on Farcaster, starting in 10 min. Will share the thread soon once he posts, feel free to share any questions here in the meantime you want to ask him

Hello, feel free to AMA about 0x, Matcha, building on Ethereum, etc!

Curious what you see as the token value capture, still own my ico tokens :)

We experimented with MEV taxes with 0x protocol v3 and, generally, my opinion is that trade execution is the most logical place for a DEX protocol to capture value. 

Specifically, if a DEX protocol can internalize order flow to generate price improvement, it can capture some of that improvement without being rent seeking.

Building a 0x protocol v5 that achieves the above isn't aligned with the immediate needs of customers, who are the priority.

permissionless, credibly neutral and programmable is the Schelling point

We experimented with MEV taxes with 0x protocol v3 and, generally, my opinion is that trade execution is the most logical place for a DEX protocol to capture value. 

Specifically, if a DEX protocol can internalize order flow to generate price improvement, it can capture some of that improvement without being rent seeking.

Building a 0x protocol v5 that achieves the above isn't aligned with the immediate needs of customers, who are the priority. 

https://docs.0xprotocol.org/en/development/_static/protocol-fees.pdf
https://docs.google.com/presentation/d/12J7I7VAnS22UaTe8oFA3Lz_IBftK6C988HlYfHvJPNw/edit?usp=sharing