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the wire activator (red arrow) passes through the hole in the stainless steel pawl (blue arrow), and if the reel's one way anti-reverse clutch ever fails and the drive gear began spinning in the wrong direction (clockwise), the wire activator would slam the pawl down to engage hidden ratchet gears mounted on the pinion (you'll see them later), effectively acting as an old style ratchet anti-reverse allowing you to keep fishing until you can fix the clutch
Clean off the excess grease and you're done!
Wooden reel seat
This is a disadvantage of braid when used in deeper water, as it reduces direct contact with your lure compared to mono or fluoro
