Odaily News: Base and Optimism developers have jointly announced a revenue sharing and governance sharing agreement.



According to Optimism Collective's blog post, Base's smart contracts can only be upgraded through a 2/2 multisig wallet account. One signature is controlled by Base, and the other by the Optimism Foundation. This means that Base cannot upgrade without the consent of the Optimism team. As more and more blockchains choose to use the OP Stack and become part of the "superchain," governance will be transferred to a "security committee." The committee will consist of representatives from all blockchains in the ecosystem.



Base will also pay 2.5% of its revenue or 15% of its profits to the Optimism Collective, whichever is higher. In return, Base can receive "up to 118 million OP tokens" over the next six years, giving it a voice in the protocol governance of Optimism.



The team will also continue to develop real-time network monitoring tool Pessimism, aimed at detecting network security threats early. (Cointelegraph)