Upgrade Proposal #12: L1 Pectra Readiness

The SEED Gov delegation, as we have communicated here, being an Optimism delegation with sufficient voting power, we’re in favor of this proposal being approved.

This upgrade is necessary for OP Chains to continue operating after Pectra is implemented; otherwise, Pectra will brick the chains. We take this opportunity to highlight a few useful aspects as presented:

  • The FMA helps in understanding the risks of the proposed changes and allows us to introspect on what has been done to prevent or resolve incidents.

  • The effect on precommitment over SRC is broken down by items, making it easier to verify that the proposal remains compliant.