Proposal for Sequencer Fee Rebates on OP Mainnet is a rights protection proposal that would let the Optimism Foundation offer select partners a rebate on the sequencer fees generated by activity they bring to OP Mainnet:

• Rebates apply only to fees from a specific partner's activity, and may not exceed those fees.
• Rebates are paid from OP Mainnet sequencer and priority fee revenue (ETH), not in OP, adding no OP to circulation.
• Rebates are offered selectively, begin only after a partner reaches defined activity milestones, and run for a fixed term.
• The Foundation will report total rebates paid, as a share of OP Mainnet sequencer and priority fee revenue, in the annual Collective budget report.

This is a rights protection vote. Cast a vote if you want to approve or reject this proposal. You can read more about this proposal type in our operating manual. You can read the proposal in its entirety here.