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OPT8241: DEMOD_CLK input

Part Number: OPT8241
Other Parts Discussed in Thread: OPT9221

On the datasheet, what does it mean when it refers to the DEMOD_CLK as "optional"?. Is this in reference to an external clock signal that can be sent directly to the modulation block. If so, what does waveforms does it accept and up to what frequencies?