Melbourne, VIC, Australia, 30th Oct 2024 – Sunrise2Sunrise, a leading provider of disability support services, is pleased to announce the appointment of Krishna Sevak as Chief Executive Officer (CEO) and Gaurav Gupta as Chief Financial Officer (CFO). 

Additionally, the organisation celebrates being honoured with the Family Business Excellence Award 2024, recognising its impact and commitment to high-quality, family-oriented care.

New Leadership for Continued Growth

Krishna Sevak, one of Sunrise2Sunrise’s co-founders, has been pivotal in shaping the organisation’s mission since its inception in 2018. 

Driven by her passion for closing gaps in disability care, Krishna brings extensive experience in childcare, management, and finance. Her diverse educational background includes degrees in Business Management, Computer Science, and Engineering, along with a Diploma in Management.

“As CEO, I look forward to strengthening our community partnerships and enhancing the quality of care we provide,” Krishna said. “At Sunrise2Sunrise, we believe in delivering services tailored to individual needs while encouraging others to participate in making a positive impact.”

Joining her is Gaurav Gupta, the newly appointed CFO, who will focus on ensuring financial stability and fostering sustainable growth for the organisation. Gaurav brings deep expertise in financial operations and strategy, which is essential to supporting the expanding services offered by Sunrise2Sunrise.

Recognition with the Family Business Excellence Award

The organisation’s commitment to personalised care has been recognised with the prestigious Family Business Excellence Award 2024. This award honours Sunrise2Sunrise for its role in transforming disability support and reflects the hard work of its team.

“Our goal has always been to provide care when it’s needed and how it’s wanted,” said Ravi Bhatt, Managing Director of Sunrise2Sunrise. “Winning this award is a testament to our team’s dedication, and it motivates us to keep raising the bar for disability care across Victoria.”

Looking Ahead

With Krishna and Gaurav at the helm, Sunrise2Sunrise aims to build on its success and deepen its commitment to empowering individuals through supported independent living, community participation, and personalised care plans. 

The new leadership team will continue driving innovative solutions and meaningful partnerships, ensuring the organisation stays at the forefront of disability care in the region.

Media Contact

Organization: Sunrise2Sunrise

Contact Person: Shay D

Website: https://sunrise2sunrise.com.au/

Email: info@sunrise2sunrise.com.au

Contact Number: +61391883499

City: Melbourne

State: VIC

Country: Australia

Release Id: 30102419184

The post Sunrise2Sunrise Announces New CEO and CFO Appointments, Celebrates Family Business Excellence Award appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

London, England, United Kingdom, 30th Oct 2024 – Maximal Extractable Value (MEV) is a metric that measures the maximum profit that miners (or validators, sequencers, etc.) can derive from their ability to manipulate the order of transactions or include, exclude, or reorder transactions within the blocks they produce. MEV has gained significance, especially with the rise of decentralized finance (DeFi) platforms, becoming an essential element that enables complex financial transactions within blockchain ecosystems.

Understanding MEV

The simplest way to understand MEV is to think of the value generated from manipulating the order of transactions in a block. This can involve including specific transactions in a block, excluding certain transactions, or rearranging the order of transactions. In blockchains with smart contract capabilities, such as Ethereum, this manipulation is particularly easy. Validators can prioritize pending transactions in the mempool and choose to include transactions with higher fees in a block. By doing so, they can maximize their profits.

Opportunities for MEV arise from various factors, such as price differences between decentralized exchanges (DEXs), liquidation events on lending platforms, or other market inefficiencies. Entities that can influence transaction ordering can capitalize on these opportunities to maximize their gains. These manipulation methods can manifest in forms like front-running and sandwich trading, which can adversely affect general users.

History of MEV

The concept of MEV began to gain attention with the growth of decentralized finance platforms. As Ethereum advanced, various decentralized applications (dApps) emerged, highlighting the potential for MEV exploitation. The term “Miner-Extractable Value” was first introduced in the 2019 research paper “Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchanges.” This paper brought awareness to the risks and challenges associated with MEV, prompting further research and discussions within the Ethereum community.

Maximal Extractable Value vs. Miner-Extractable Value

The terms MEV and Miner-Extractable Value are often used interchangeably; however, MEV is a more comprehensive concept. MEV applies to any actor capable of manipulating blockchain transactions, whereas Miner-Extractable Value is limited to miners. Thus, MEV has become an essential concept for understanding the complexities of the blockchain ecosystem.

Importance of MEV

MEV holds significance in the blockchain ecosystem for several reasons. First, it can enhance transaction efficiency. When transaction orders are optimized, resource allocation can occur more equitably, reducing market inefficiencies. Second, MEV fosters the development of new trading strategies. Traders leveraging MEV to discover new opportunities can create innovative trading approaches, positively impacting the blockchain ecosystem’s evolution. Third, the existence of MEV serves as a catalyst for discussions surrounding the stability and trustworthiness of blockchain networks. Understanding and managing the impacts of MEV is crucial for maintaining the health of the blockchain ecosystem.

Conclusion

Maximal Extractable Value (MEV) is an important concept in the complex world of blockchain and decentralized finance. By understanding MEV’s definition, history, opportunities, and significance within the blockchain ecosystem, users can gain deeper insights into the opportunities and challenges presented by this technology.

This article is presented by ZENMEV, a research and development group dedicated to addressing MEV challenges and enhancing security within the blockchain ecosystem.

Social Media: https://medium.com/@zenmev

Media Contact

Organization: ZENMEV

Contact Person: CMO – Julian Rivas

Website: https://zenmev.com

Email: Send Email

City: London

State: England

Country: United Kingdom

Release Id: 30102419221

The post ZENMEV Insight: Maximal Extractable Value MEVA – New Economic Concept in the Blockchain Ecosystem appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

London, England, United Kingdom, 30th Oct 2024 – Maximal Extractable Value (MEV) is a metric that measures the maximum profit that miners (or validators, sequencers, etc.) can derive from their ability to manipulate the order of transactions or include, exclude, or reorder transactions within the blocks they produce. MEV has gained significance, especially with the rise of decentralized finance (DeFi) platforms, becoming an essential element that enables complex financial transactions within blockchain ecosystems.

Understanding MEV

The simplest way to understand MEV is to think of the value generated from manipulating the order of transactions in a block. This can involve including specific transactions in a block, excluding certain transactions, or rearranging the order of transactions. In blockchains with smart contract capabilities, such as Ethereum, this manipulation is particularly easy. Validators can prioritize pending transactions in the mempool and choose to include transactions with higher fees in a block. By doing so, they can maximize their profits.

Opportunities for MEV arise from various factors, such as price differences between decentralized exchanges (DEXs), liquidation events on lending platforms, or other market inefficiencies. Entities that can influence transaction ordering can capitalize on these opportunities to maximize their gains. These manipulation methods can manifest in forms like front-running and sandwich trading, which can adversely affect general users.

History of MEV

The concept of MEV began to gain attention with the growth of decentralized finance platforms. As Ethereum advanced, various decentralized applications (dApps) emerged, highlighting the potential for MEV exploitation. The term “Miner-Extractable Value” was first introduced in the 2019 research paper “Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchanges.” This paper brought awareness to the risks and challenges associated with MEV, prompting further research and discussions within the Ethereum community.

Maximal Extractable Value vs. Miner-Extractable Value

The terms MEV and Miner-Extractable Value are often used interchangeably; however, MEV is a more comprehensive concept. MEV applies to any actor capable of manipulating blockchain transactions, whereas Miner-Extractable Value is limited to miners. Thus, MEV has become an essential concept for understanding the complexities of the blockchain ecosystem.

Importance of MEV

MEV holds significance in the blockchain ecosystem for several reasons. First, it can enhance transaction efficiency. When transaction orders are optimized, resource allocation can occur more equitably, reducing market inefficiencies. Second, MEV fosters the development of new trading strategies. Traders leveraging MEV to discover new opportunities can create innovative trading approaches, positively impacting the blockchain ecosystem’s evolution. Third, the existence of MEV serves as a catalyst for discussions surrounding the stability and trustworthiness of blockchain networks. Understanding and managing the impacts of MEV is crucial for maintaining the health of the blockchain ecosystem.

Conclusion

Maximal Extractable Value (MEV) is an important concept in the complex world of blockchain and decentralized finance. By understanding MEV’s definition, history, opportunities, and significance within the blockchain ecosystem, users can gain deeper insights into the opportunities and challenges presented by this technology.

This article is presented by ZENMEV, a research and development group dedicated to addressing MEV challenges and enhancing security within the blockchain ecosystem.

Social Media: https://medium.com/@zenmev

Media Contact

Organization: ZENMEV

Contact Person: CMO – Julian Rivas

Website: https://zenmev.com

Email: Send Email

City: London

State: England

Country: United Kingdom

Release Id: 30102419221

The post ZENMEV Insight: Maximal Extractable Value MEVA – New Economic Concept in the Blockchain Ecosystem appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.