Optimism Corrects Outdated Claims with Governance and Infrastructure Clarification

Optimism has published an updated governance and infrastructure clarification to correct outdated claims about its network. The update addresses treasury control, governance participation, contract upgrades, sequencer resilience, enterprise service levels, and current value secured.

The clarification states that treasury allocations are directed through the Collective's budget process, rather than OP holders voting line by line on spending. Token House participation remains permissionless because holders can vote directly or delegate their OP, with delegation reversible at any time.

OP Stack upgrades require Token House approval and Security Council implementation, which consists of 13 voting members and one non-voting lead operating a multisig that requires a 75% signing threshold under the Collective's governance framework. Sequencer outages may delay transactions but do not freeze withdrawals through Ethereum.

OP Enterprise offers 99.9% or 99.95% uptime SLAs depending on tier, and OP Mainnet secured about $1.57 billion as of August 31, including roughly $585 million in ETH and derivatives and $443 million in stablecoins.