Offchain Labs has introduced Timeboost, a protocol designed for Arbitrum chains that aims to balance speed and Maximum Extractable Value (MEV) protection. This new protocol employs an auction-based mechanism for prioritizing transaction sequencing, allowing users to bid for faster processing times. The goal is to optimize the transaction lifecycle while maintaining rapid speeds.

Source: https://Blockchain.News/news/timeboost-offchain-labs-innovative-transaction-ordering-arbitrum