RACE Network Manifesto
Introduction
Who We Are:
RACE Network is a pioneering Ethereum Layer-2 blockchain purpose-built for real-world asset (RWA) tokenization. Built on Optimism’s OP Stack and now part of the Optimism Superchain, RACE is designed to bring real-world assets on-chain in a secure, scalable, and accessible way.
As a member of the Superchain, we align with Optimism’s vision of a decentralized and inclusive financial future, leveraging shared infrastructure to benefit all users of the ecosystem. Our mission is to help bring the next billion users on-chain by unlocking access to tangible, yield-generating assets, ensuring decentralization remains a pillar of a truly global economy.
Our Purpose in the Superchain
By joining the Optimism Superchain alongside OP Mainnet and Base, RACE brings a unique focus on real-world assets, contributing to enhanced interoperability, transaction speed, and security across the network.
RACE accelerates on-chain adoption of real-world investments, ensuring global inclusion and borderless liquidity, while collaborating with Optimism and fellow OP Chains to scale Ethereum’s capabilities and expand decentralized finance into traditional asset markets.
Core Contributions of RACE
1. Connecting Global Liquidity
- RACE bridges global capital and on-chain opportunities.
- We partner with institutions and communities in developing markets seeking USD liquidity and better access to finance.
- Investors worldwide can participate in tokenized assets and move liquidity across borders, driving international economic growth.
Example: A small business owner in an emerging market can access funding from global investors via RACE, while an investor in the Superchain ecosystem can diversify into assets from developing regions.
2. Asset-to-Blockchain Tokenization Hub (ATB Layer)
- RACE enables permissionless tokenization of real-world assets such as:
- Trade finance
- Private credit
- Real estate
- Commodities
- Art & collectibles
- Our regulatory-friendly, compliant platform ensures:
- KYC/AML compliance as required.
- Rigorous due diligence before tokenization.
- Secure and trusted tokenized asset issuance.
- The ATB Layer aims to become a Superchain-wide standard, guiding other OP Chains in secure and compliant asset tokenization.
3. Partnerships & Asset Distribution
- Deep liquidity: Tokenized assets on RACE benefit from Optimism’s DeFi ecosystem.
- Broad distribution: Assets can be traded across DEXs, lending protocols, and financial platforms*.
- Cross-chain integration: Example—Real estate tokens issued on RACE could be:
- Traded on an Optimism Mainnet DEX.
- Used as collateral on another OP Chain’s lending protocol.
*Contingent to regulations
By collaborating with stablecoin issuers, market makers, and financial institutions, we ensure RWA tokens are deeply integrated into the Superchain’s liquidity infrastructure.
Governance Approach
1. Championing Asset Tokenization Standards
- RACE actively supports governance proposals for industry-wide standards on:
- Interoperable token formats
- Legal frameworks for on-chain asset ownership
- Best practices for regulatory compliance
- We promote standardization, transparency, and security, ensuring a trusted environment for all Superchain participants.
2. Values-Driven Decision Making
- Governance decisions are anchored in:
- Decentralization
- Permissionless access
- Public good outcomes
- We support proposals that enhance interoperability, fund shared infrastructure, and oppose centralization or restrictive policies.
3. Delegation Strategy
- A portion of RACE’s OP voting power is delegated to our Decentralized Investment Committee (DIC), composed of legal, finance, and underwriting experts.
- Delegation is transparent, with public records of:
- Who the delegatees are
- Their expertise
- Their voting rationale
- This ensures informed decision-making, while maintaining decentralized governance principles.
Engagement with the Superchain
1. Interoperability & Collaboration
- RACE collaborates with Optimism and OP Chains for:
- Cross-chain asset transfers
- Shared governance initiatives
- Seamless Superchain-wide integration
- Example: A DeFi protocol on Optimism Mainnet can easily support RACE’s RWA tokens.
2. Public Goods Funding
- RACE commits to sharing a portion of sequencer revenue with Optimism’s ecosystem to fund:
- Infrastructure improvements
- Educational programs
- Retroactive Public Goods Funding (RPGF)
3. Ecosystem Growth & Community Support
- RACE introduces new audiences (traditional finance & emerging markets) to the Superchain vision.
- We support and amplify other Optimism projects, dApps, and governance initiatives.
Long-Term Vision
Bringing the World On-Chain
- RACE envisions a world where anyone can access wealth-preserving opportunities, such as:
- Fractional ownership of real estate
- Fine art investments
- Business revenue-sharing tokens
- These assets provide yield-generating opportunities, democratizing finance at a global scale.
Impact on the Superchain
- RACE serves as a gateway for trillions in real-world assets to enter the Superchain economy.
- The Superchain will become the infrastructure of global finance, blurring the lines between crypto and traditional markets.
Journey Ahead
- Progressive decentralization: Over time, RACE will further distribute governance and align with Superchain standards.
- User-centric experience: Interacting with tokenized RWAs should be as frictionless as any fintech app.
- Interoperable collaboration: RACE will work in harmony with OP Chains, driving global adoption of real-world asset tokenization.
Conclusion
The RACE Network is a pivotal part of the Optimism Superchain, driving global liquidity, asset tokenization, and decentralized governance.
We are committed to:
Bringing global real-world assets on-chain
Enhancing liquidity & market depth for RWAs
Upholding the values of decentralization & transparency
Fostering interoperability within the Superchain
Together, RACE, Optimism, and the Superchain ecosystem will accelerate the on-chain transformation of global finance – making wealth preservation accessible to everyone, not just the few.