Attention, blockchain enthusiasts📢! Odaily Planet Daily reported that dForce founder Yang Mindao revealed on Twitter that Base and Optimism have reached an important agreement. 🤝Base will seek 2.75% OP from brand owner Optimism as the basis for long-term bundling. These OPs are worth approximately US$177 million based on the current low circulation market price. 💰In return, Base will distribute 2.5% of the sorter revenue or 15% of the profit (whichever is greater) to Optimism. This is equivalent to Optimism exchanging 2.75% of the "equity" (US$177 million) for Base's 15% "equity", which calculates Base's valuation to US$1.18 billion. 💹

This morning, Base and Optimism developers jointly announced a revenue sharing and governance sharing agreement. 📜Base’s smart contracts can only be upgraded through 2/2 multi-signature wallet accounts. One signature is controlled by Base and the other is controlled by the Optimism Foundation. This means that Base cannot be upgraded without the consent of the Optimism team. 🔐Base will also pay Optimism Collective 2.5% of its revenue or 15% of its profits, whichever is higher. In return, Base can receive “up to 118 million OP tokens” over the next six years, giving it a say in Optimism’s protocol governance. 🎤This is undoubtedly great news for the Bitcoin market! 🚀