How Can a Decentralized Sequencer Model Be Implemented to Mitigate MEV on L2?

A decentralized sequencer model can be implemented using a set of rotating sequencers selected through a consensus mechanism like Proof-of-Stake or a similar verifiable random function. This rotation prevents any single entity from perpetually controlling the transaction order.

Additionally, the sequencers can be required to use fair ordering mechanisms or commit-reveal schemes to ensure transparent and objective transaction sequencing.