FastLane develops MEV-aware infrastructure and smart contracts for decentralized finance (DeFi) on the Polygon blockchain, enhancing revenue generation for validators and improving the efficiency of algorithmic trading. By addressing the challenges of miner extractable value (MEV), FastLane enables a more effective and equitable trading environment for users.
Funding
Funding not disclosed
Founders
Product
Problem
Decentralized applications lack a standardized method for users to express transaction intent, leading to inefficient execution and missed opportunities for MEV (Miner Extractable Value) capture. Current MEV capture systems often rely on centralized infrastructure, creating potential vulnerabilities and limiting customization for individual dApps.
Solution
FastLane's Atlas provides a permissionless, modular smart contract framework for execution abstraction, enabling dApps to implement application-specific order flow auctions. Atlas allows users to express their transaction intent, which is then matched with solver operations in an auction environment. This system allows dApps to retain MEV and customize its allocation. The framework uses an Atlas SDK to generate user operations, an Operations Relay for communication, and a DAppControl contract for application-specific logic.
Target Audience
The primary target audience includes DeFi dApp developers seeking to optimize transaction execution, capture MEV, and customize order flow within their applications.
Features
- Execution Abstraction: Facilitates the separation of transaction intent from execution, enabling more efficient order flow.
- MEV Capture: Allows dApps to capture and allocate MEV generated from user transactions.
- Permissionless Auctions: Creates a competitive environment for solvers to provide optimal solutions for user intents.
- DAppControl Contract: Enables customization of transaction logic and settings specific to each dApp.
- Atlas SDK: Simplifies the integration process for frontends and APIs to generate user operations.
- Operations Relay: Supports various relay options, including BloXroute, SUAVE, and on-chain solutions, for flexible communication between users and solvers.
- Permit69: Allows users to approve the Atlas contract once, enabling secure fund transfers via Execution Environments.