Written by Jesse Pollak, Creator of Base
Tl;dr. Base will participate in Optimism governance to ensure the stability and integrity of the OP Stack and Superchain. We are also helping create the Law of Chains to lay a foundation for defining the Superchain and backing public goods funding. As we further hone our approach for governance participation, we invite the community to share their thoughts.
Some highlights on how Base will contribute to public goods and the Optimism Collective:
- Base will join the Optimism Collective and programmatically contribute 15% of net revenue to fund public goods.
- As part of our participation and contribution to the Optimism Collective, Base will have the opportunity to earn up to 2.75% of the OP token supply over the next six years. This will enable us to participate as an active, accountable and engaged governance member.
- As part of our continued commitment to decentralization, our voting power will be limited to no more than 9% of the total votable supply. This 9% includes both potential delegation to others and our direct participation.
Over the next few months, we aim to create a detailed plan around how we plan to participate in governance. Before we define our commitment to participation, we want to actively start a dialogue with the community and would appreciate thoughts, comments, and general feedback around the following points.
How do you think Base should participate in Optimism governance?
How can we further the Superchain holding true to our values of decentralization and neutrality?
What unique perspectives can Base bring to Optimism governance?
How would you like to see us show up? What have you seen work well with other participants?
What are ways we can better solicit input and feedback from the community?
We look forward to hearing your thoughts. Please feel free to share feedback by commenting on this post.