Clanker protocol leader: Introducing "minimum viable auction for new assets on prioritized L2"

WuSaidBlockchainW · 2025-05-09T03:09:05+00:00

The Clanker protocol introduces a priority-sorted minimum viable auction for new assets on L2, aiming to optimize the first transactions of new tokens through the Flashbots Rollup-Boost architecture and the MEV tax concept, expected to be implemented on Base or Unichain. The auction design includes locking the token for 4 blocks after creation, recording the base gas price, and paying fees based on the relative base gas price, supporting priority sorting, with fees going to the liquidity pool LP.

WuSaidBlockchainW

2025-05-09 03:09:05

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According to Wu, Lily, the head of the Clanker protocol, wrote an article introducing “the minimum viable auction for newly listed assets on prioritized L2.” Clanker is an EVM token launch platform that introduces a minimum viable auction for the first trading of new tokens, optimizing the value distribution of sniping behavior. The design utilizes the Flashbots Rollup-Boost architecture and Dan Robinson’s MEV tax concept, requiring prioritized L2 support, and plans to implement it on Base or Unichain. The auction design is roughly as follows: after the creation of the token and liquidity pool, it is locked for 4 Blocks, recording the base gas price of the starting block. The first transaction in the 4th Block pays fees based on gas prices (relative to the base gas price) and requires prioritized support. Fees go to the liquidity pool LP, and then transactions proceed normally.

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