ethereum / ethereum/builder-specs

Should we advertise min-bid to builders?

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glamsterdam
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Description

Today, min-bid is a global variable configured in [mev-boost](https://github.com/flashbots/mev-boost/blob/c48dbe4dfe97d74a724e701ee69d55c93dbb318e/cli/flags.go#L166).

It might make sense to advertise the min-bid to builders via either registrations, `BuilderPreferences` or [ProposerPreferences](https://github.com/ethereum/consensus-specs/blob/a21e27dd861e770368df3a16e393efe1ec2e0efb/specs/gloas/p2p-interface.md#L88) in the consensus-specs, so that builders can avoid bidding below the min-bid i.e the reserve price and have a potentially inefficient auction for builders and validators.

Contributor guide

No contributing guide indexed for this repository

Research direction

Start with mev-boost's cli/flags.go min-bid definition, then read the BuilderPreferences and ProposerPreferences references in the issue. Determine whether and where min-bid should be advertised, and consider the required builder-specs or consensus-specs changes; done means the protocol approach and affected specification are agreed and documented.

Written by the indexing model from the issue text.

Assessment

Domain
blockchain
Issue type
Feature
Difficulty
5/5
Estimated time
Over a week
Activity status
Stale
Clarity
Needs clarification
Newbie friendliness
25/100

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