The Two Sources of Profit From the Sequencer

A sequencer is like, I think it has a it's a node which are basically, you know, Bitcoin runs with a bunch of nodes as there's a theorem. And so in so doing it actually collects fees and also is able to benefit from the that's what I talked to David and me Hall about this week. Yeah. All sequencers for layer two or at least for arbitrage and optimism are centralized. So the idea is that if you decentralized that then token holders will be able to become validators in this sequencer and get a portion of those fees and MEL revenue. But so far, they're not the case.