Ah, the Core Foundation, that noble institution piloting the ship of the Core blockchain, has deemed it wise to grace us with a new revenue-sharing mechanism. A delightful initiative indeed, aimed at shaking up the meticulous ways in which stablecoin issuers and developers amass their tidy sums. Who knew finance could be so entertaining? đ
Rev+, as they call it, claims to be the very first of its kindâa protocol-level program that bequeaths developers, stablecoin creators, and the esteemed decentralized autonomous organizations (DAOs) a bounty based on the value they miraculously bestow upon unsuspecting users. It holds the promise of allowing projects to profit from the gas fees generated by those most curious blockchain applications. Perhaps even the dearly departed will rise from the grave for a share! đť
This could indeed usher in a brighter, more sustainable income stream for developers, who, let us not forget, were once kneeling before their crypto coins just to fund their aspirationsâlike a beggar begging for a penny outside a grand theater.
âStablecoins now account for over one-third of DeFi revenue,â remarked the ever-earnest Hong Sun from the Core Foundation. To which we enthusiastically add:
âWhile issuers have not been reaping rewards from transaction activity, Rev+ plans to turn that around. Incentives will align, much like a dance gone awry, in such a way that projects of the Web3 realm may indeed find themselves compensated when their tokens engage in a leisurely stroll.â
How Coreâs Rev+ Program Will Spin Gold from Straw
Here, we find ourselves pondering the wonders of the Core blockchain, the very first protocol to allow Bitcoin staking that harmonizes with the Ethereum Virtual Machine (EVM). Quite the accomplishment, I say!
Transactions activated by Coreâs clever smart contracts, whether through stablecoin swaps or nobly moving collateral, will generously reward the issuers through immediate payouts post-transaction or through a shared revenue pool. Itâs like finding a forgotten coin in an old coat pocket! đ°
This revenue-sharing pool shall be orchestrated based on each contributor’s humble offering to the Core blockchainâfactoring in transaction counts, unique addresses initiated, and the grand total of fees generated. Itâs like a calculation out of a college algebra class, but with possibly more excitement.
The revenue pool is to be âdistributed among the fortunate partners during each cycle,” shared mused Rich Rines, a foundational contributor to Core DAO, speaking to the ever-inquisitive CryptoMoon. He added:
âWhile our bounty might be modest at inception, Rev+ lays down a path to a sustainable, usage-based monetization model that aspires, with much hope and ambition, to grow alongside the thriving Core network.â
The Crypto Circus: More Collaboration, Less Clowning Around
Some heavyweights of the industry, including the notable Charles Hoskinsonâwho, for clarity, is not a character from a theatrical performanceâhas previously urged the cryptocurrency realm to adopt a spirit of cooperation. After all, what is better than a little teamwork to fend off the inevitable encroachment of centralized tech titans into the vast, wild lands of Web3?
Mr. Hoskinson, during a recent gathering at the Paris Blockchain Week 2025, eloquently pointed out how the decentralized finance (DeFi) industryâs so-called âcircular economyâ is akin to a comical danceâwhere the rise of one cryptocurrency inconveniently drains another’s vitality, thus curbing the collective growth of the industry. What a jolly mess!
âThe crux of the matter is that our existing tokenomics and market structures engage in a rather adversarial tango,” he lamented. “Itâs a zero-sum game.â What a delightful mental image!
âInstead of squabbling, one must endeavor to discover tokenomics and market structures that foster a cooperative equilibriumâan essence of harmony, if you will, in this grand economic ballet,â he suggested.
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2025-07-15 15:30