Big news from BNB Chain! They’ve launched the Good Will Alliance, a new initiative focused on tackling harmful maximal extractable value (MEV) practices, starting with a direct strike against sandwich attacks.

This alliance is all about bringing together the key players—infrastructure builders, validators, and the wider community—to create a safer and more ethical BNB ecosystem. They’ll be working on setting up clear ethical guidelines, best practices, and stronger security measures.

So, why is this needed? Well, sandwich attacks – a nasty form of malicious MEV – have been a real problem for everyday traders on Binance Smart Chain (BSC). According to BNBChain DAO, these attacks have caused losses totaling hundreds of millions of dollars!

In response to these issues, the Good Will Alliance is immediately taking action by focusing on stopping sandwich attacks. Their first move? Implementing advanced filtering technologies.

Leading infrastructure providers, BlockRazor and 48 Club, are already stepping up, having implemented specialized sandwich attack filters in their block-building processes. This sets a great example for other alliance members. The alliance has even created a GitHub repository to list builders who are committed to these ethical standards, encouraging BSC validators to prioritize block bids from this trusted group.

According to BNB Chain, the alliance’s strategy is built on a few key pillars: clearly defining what constitutes a sandwich attack, developing advanced tools to spot malicious MEV behaviors, and strengthening community collaboration to make on-chain security stronger.

These efforts are just the beginning. The alliance plans to continually improve through community governance, BNB Evolution Proposals (BEPs), and regular updates to the underlying code. The ultimate goal? To ensure long-term fairness and a better experience on the network.

This initiative is clearly something the community wants! It received strong community support, with a DAO proposal passing with a solid 79% approval on February 14th.

The passed proposal really emphasizes the need for community-driven solutions, including things like penalties for bad-actor builders, excluding validators who aren’t responsible, and encouraging the use of safer RPC nodes and MEV-protected wallets.

Looking ahead, the Good Will Alliance isn’t stopping here. They plan to broaden their scope, inviting more members to join and working on even more community-focused security projects throughout 2025.