Ethereum Foundation Researcher: The execution ticket mechanism converts MEV revenue into protocol burn, returning the validator’s role to pure staking

ETH1,69%

Gate News update. On April 1, at the EthCC[9] conference, Barnabé Monnot, head of the Ethereum Foundation’s Robust Incentives Group (RIG), introduced the “Execution Tickets” mechanism. He pointed out that the current PBS architecture gives block proposers too much monopolistic power, while execution tickets would auction off the right to execute and the right to order the transactions within a block at the protocol layer to ticket holders, so validators would only retain the functions of signing and achieving consensus and would no longer directly participate in MEV allocation. In terms of the economic model, the proceeds from selling execution tickets would be directly burned by the protocol (similar to the EIP-1559 mechanism). The MEV profits that previously flowed to a small number of advanced participants would be distributed to all ETH holders in a deflationary form. For validators, once MEV revenue is intercepted by the ticket market, their income would become smoother and more predictable. They would no longer need to run complex MEV-Boost plugins or pursue hardware and network advantages, which would significantly lower the participation threshold for retail stakers. Barnabé said that execution tickets are a core proposal of the Ethereum roadmap’s “The Scourge” phase, and when combined with mechanisms such as include lists, they would effectively prevent specific builders from censoring transaction execution.

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