TechFlow reports that developers behind Base and Optimism have jointly announced a revenue and governance sharing agreement. According to a blog post from the Optimism Collective, Base's smart contracts can only be upgraded via a 2/2 multi-signature wallet account—one signature controlled by Base and the other by the Optimism network team (known as the "Optimism Foundation"). As more chains adopt the OP Stack and become part of the "Superchain," governance will transition to a "Security Council" composed of representatives from all chains within the ecosystem.
Base will also pay the Optimism Collective 2.5% of its revenue or 15% of its profits, whichever is higher. In return, it will receive up to approximately 118 million OP tokens, granting it voting rights in Optimism’s protocol governance. To maintain balance, this allocation will be capped at 9% of total voting supply. The team will continue developing Pessimism, a real-time network monitoring tool designed to detect cybersecurity threats early. Additionally, Base will share revenue with the Optimism Collective and eventually transfer upgrade key control to the Optimism Security Council.
