megaeth sequencer auctions redistribute 90% of mev to token stakers. ethereum l1 generates $20m monthly mev, arbitrum $5m. megaeth's sub-millisecond blocks create more arb opportunities than both. $108m annual mev at 50% staked means 21.6% apy from real economic activity, not inflation. $1b fdv for a productive asset yielding 20%+ from transaction ordering is mispriced. public auction starts october 27 at that valuation. every other l2 token is just governance. ...