Race Network is the first full-stack modular blockchain infrastructure platform designed for the tokenization and distribution of real-world assets. Built on Optimism's OP Stack, Race Network is part of the Optimism Superchain, enhancing asset interoperability, transaction speed, and security for users. It facilitates a global, decentralized marketplace for tokenized assets such as trade finance, private debt, private equity, real estate, commodities, art, and luxury collectibles.
Technology:
Race Network employs an Ethereum Layer 2 (L2) blockchain protocol built on the OP Stack, utilizing optimistic rollups to execute transactions off-chain while maintaining Ethereum's security. This architecture allows for near-instant transaction finality and significantly reduced fees compared to the Ethereum mainnet. The network is EVM-compatible, enabling seamless integration with existing Ethereum-based applications and tools. Additionally, Race Network supports proto-danksharding, which can reduce transaction fees by up to 99%.
Governance:
Race Network's governance system balances innovation with reliability, ensuring every stakeholder has a voice. The Executive Council, currently composed of experienced foundation members, guides the platform strategically and will transition to an elected body by 2025. The Monetary Policy Committee (MPC) manages economic stability by adjusting monetary policies to balance token supply and demand. The Grants Committee allocates resources to projects that align with Race's strategic vision, fostering innovation. The RetroActive Goods Funding initiative recognizes and funds valuable past contributions to the public domain. The Decentralized Investment Committee (DIC) oversees strategic investments, ensuring sustainable returns and platform integrity.
