1/ Why is it only a matter of time before Robinhood Chain leaves Arbitrum? Looking at the history of Base and the OP Stack: @base shares 2.5% of total sequencer revenue / 15% of net sequencer revenue (whichever is greater) with the Optimism Collective in exchange for the right to use the OP Stack tech stack + up to approximately 118 million OP token rewards over six years. After Base gained momentum, it generated significant sequencer revenue for @Optimism. However, Optimism didn’t provide Base with equivalent resources or technical support, which laid the groundwork for Base to leave the OP Stack and align directly with Ethereum by building its own stack. Now, let’s look at @RobinhoodApp Chain and @arbitrum. The level of interest alignment between the two is far less than that of Base and the OP Stack. Robinhood Chain shares 10% of net sequencer revenue with the Arbitrum DAO in exchange for the right to use the Arbitrum Orbit tech stack. Once Robinhood Chain grows stronger, leaving Arbitrum would be completely reasonable. 2/ Why does the symbiotic and parasitic relationship between Robinhood Chain and Arbitrum fail to bring any substantial empowerment to ARB? Because Robinhood Chain’s sequencer revenue share goes to the Arbitrum DAO, rather than being directly hard-coded to enforce fee buybacks and burns for HYPE like @HyperliquidX. Do you believe the Arbitrum DAO will use this revenue to buy back and burn ARB, or do you believe I’m Qin Shi Huang?