Core Foundation has introduced the Rev+ revenue-sharing model targeting stablecoin issuers and developers within its blockchain ecosystem.
What is Rev+
Rev+ is a revenue-sharing model launched by Core Foundation aimed at incentivizing stablecoin issuers, decentralized autonomous organizations (DAOs), and developers. It distributes a portion of gas fees generated from user on-chain interactions, establishing a sustainable income source.
Benefits for Participants
Participants in Core's blockchain will directly benefit from increased on-chain activities. The Rev+ model is designed to dynamically allocate revenues, making it attractive for new projects. This is expected to enhance activity and developer interest within the Core ecosystem.
Industry Outlook
The Rev+ model could reshape the financial and technological landscape as more blockchains may adopt similar revenue-sharing approaches. Historical trends suggest such initiatives can lead to increased total value locked (TVL) and developer engagement in these ecosystems.
The launch of the Rev+ model by Core Foundation represents a significant move in the evolution of revenue-sharing mechanisms in blockchain, which may increase developer interest and activity on platforms.
