The developers behind Base and the Optimism Network jointly announced a revenue-sharing and governance-sharing agreement. According to the post, Base's smart contracts can only be upgraded through a 2/2 multi-signature wallet account. One signature is controlled by Base and the other is controlled by the Optimism Network team (called the "Optimism Foundation"), and as more chains choose to use OPStack and become part of the "super chain", governance will be handed over to a "security committee" composed of representatives of all chains that make up the ecosystem.
Base will also pay the Optimism Collective 2.5% of its revenue or 15% of its profits, whichever is greater. In return, it will receive "up to approximately 118 million OP tokens," enabling it to have a say in Optimism's protocol governance. The announcement states that this amount will be capped at 9% of the total voting supply "to maintain balance."
The team will also continue to develop Pessimism, a real-time network monitoring tool that attempts to detect cybersecurity threats as early as possible. In addition, Base will share revenue with the Optimism Collective and eventually hand over upgrade keys to the Optimism Security Council.
Important news overview:
1. Coinbase announces five Base neutrality principles;
2. Base and Optimism launch governance sharing and revenue sharing frameworks;
3. a16zcrypto: Any stateless blockchain solution is not feasible;
4.Coinbase is in talks with Canadian banking giants to promote the crypto economy;
5. PrimeTrust's parent company lost $8 million in TerraUSD investment;
6.ARKInvest and 21Shares jointly submitted two Ethereum futures ETF applications;
7. Reuters: Mastercard and Binance terminate crypto card cooperation projects in four countries;
8. Base announces Superchain decentralization plan, covering fault proof and OP client diversity:
9. The PEPE multi-signature wallet rule was changed from 5/8 to 2/8, and more than 16 trillion tokens were transferred to the exchange:
10. Vessel Capital launched a $55 million fund that will focus on investing in Web3 infrastructure and applications.
BTC：
Bitcoin has completed the up and down pins, which confirms the short-term support and pressure. Recently, Hua Ge predicts that the main range of Bitcoin fluctuations is 25,000-27,000. It will fluctuate for one to two weeks, and then continue to fall. In the short term, you can try to sell high and buy low in this range, and buy high and sell low. Once it falls below 24,500, don't buy more, it is likely to fall sharply. If you don't want to operate in the short term, Hua Ge recommends waiting and taking a rest. If you want to buy the bottom, you must wait until at least the 15,000-20,000 range!
eth:
Ethereum rose and fell yesterday under pressure from the 10-day moving average. The 10-day moving average has become a short-term pressure. Hua Ge believes that Ethereum will not rebound too high, so you can try to short it on rallies.
XRP：
It is very difficult to operate xrp in the short term, and there is no mid-term bullish opportunity. Hua Ge suggests that it is best not to participate in the near future.
ARB：
ARB is weaker than we expected. It has not rebounded to the pressure range. It is linked to the broader market and is weaker than the broader market. It is not time to hype up Cancun yet. Brother Hua suggests waiting patiently.
ON:
op I personally think that the rebound is almost over, selling pressure is starting to appear, those who participate in short-term investment should pay attention to cashing in in batches.
Platform Coin:
The bgb daily line has broken, so don’t participate in the short term and wait for opportunities in the long term.
Wealth code:
The recent outbreak of altcoins has been average, with only a few being strong, but there are not many opportunities!
The above analysis is for reference only and does not constitute investment advice!
