Odaily Planet Daily News Base and Optimism developers 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 2/2 multisig wallet accounts. One signature is controlled by Base and the other by the Optimism Foundation. This means that Base cannot be upgraded without the consent of the Optimism team. As more and more blockchains choose to use the OP Stack and become part of a "Superchain", governance will be handed over to a "Security Committee". The committee is composed of representatives from all blockchains in the ecosystem.
Base will also pay Optimism Collective 2.5% of its revenue or 15% of its profits, whichever is greater. In return, Base can receive “up to 118 million OP tokens” over the next six years, giving it a say in Optimism’s protocol governance.
The team will also continue to develop Pessimism, a real-time network monitoring tool designed to detect cybersecurity threats as early as possible. Additionally, Base will share revenue with the Optimism Collective and will eventually hand over upgrade keys to the Optimism Security Council. (Cointelegraph)