Flashbots co-founder unveils Telegram trading bot ‘Alfred’ | Headlines | News | CoinMarketCap

11/09/2023 23:26
Flashbots co-founder unveils Telegram trading bot ‘Alfred’ | Headlines | News | CoinMarketCap

Stephane Gosselin, who previously co-founded the MEV-focused research firm Flashbots, has introduced Alfred — a new bot on Telegram aiming to …

Stephane Gosselin, who previously co-founded the MEV-focused research firm Flashbots, has introduced Alfred — a new bot on Telegram aiming to facilitate user-friendly execution of token swaps and protect against maximal extractable value (MEV) profits generated by re-ordering of transactions.

Having left Flashbots last year, Gosselin is now the CEO of Frontier Research and has forayed into Telegram bots, a niche that has seen significant interest but has also faced challenges around product maturity and user security.

He has co-developed Alfred in partnership with another research firm, Kolibrio, to counteract the issue of maximal extractable value in on-chain swaps caused by front-running and rebalancing of liquidity pools on Ethereum. Overall, the bot aims to give users advanced …

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