Preventing
front running and
malicious MEV
on Ethereum
Shutter is an open-source project that aims to prevent front running on Ethereum by using a threshold cryptography-based distributed key generation (DKG) protocol.
fair markets
censorship resistance
no protocol change
Shutter is a project to address the challenge of malicious MEV on Ethereum as well as other information asymmetries in distributed systems. Shutter aims to protect users from such exploitation by employing a distributed key generation mechanism, ensuring fair and secure transactions on Ethereum and Layer 2 solutions like rollups and sidechains.
contact usWhat Is MEV?
Maximal Extractable Value or MEV is the revenue the block producer (e.g. validator, miner, sequencer) can extract via front running, injecting, reordering or censoring transactions. The MEV extracted in 2020 alone was worth more than $314M — and that is only a lower bound.
Learn more about MEVHow Shutter works
Shutter uses a threshold cryptography-based distributed key generation (DKG) protocol.
The mechanism used by Shutter can be implemented into various layers. The first instantiation we built is a simple drop-in solution for smart contracts at the application level, which is gas efficient and doesn’t require L1/L2 protocol changes.
Learn moreShutter DAO
A DAO has always been at the core of the vision of Shutter's value proposition. It is an integral part of how the system is designed to function, especially concerning the Keyper Set Selection Process and the Set Management.
We invite the Shutter Network community to actively participate in shaping a DAO, ensuring that it represents the collective aspirations and needs. This approach fosters a strong sense of ownership and commitment among community members, which is vital for any DAO's success.
Introducing the Shutter Network Genesis Allocations
Phase 1 of a Shutter DAO focuses on laying a solid groundwork and establishing effective governance. During this initial phase, a comprehensive governance framework is created, ensuring a fair distribution of the initial token allocation and introducing non-transferable tokens.
The Genesis Allocations are smart contracts deployed on the Ethereum blockchain. An allocation contains a list of addresses as they have been deployed in the and the amount of claimable Shutter Tokens (e.g., SHU) per address in the form of a Merkle root.
go to claim pagePartners
Rollup as a Service
Conduit allows anyone to deploy a rollup through our self-serve platform in a matter of minutes, no code required.