Core Chain has launched the Rev+ revenue mechanism, allowing DeFi and stablecoin developers to automatically receive a share of Gas fees.
💡 Rev+: Core on-chain protocol-level revenue sharing model
In the past crypto ecosystem, protocols and developers often found it difficult to earn revenue from the transaction activities they created. To address this issue, Core Foundation has announced the launch of “Rev+”—an automated revenue distribution mechanism at the protocol level, aimed at proportionally distributing transaction fees (Gas Fees) to participants who activate the ecosystem.
According to Core, developers can achieve revenue sources through Rev+ without issuing tokens, significantly lowering the commercialization threshold for projects.
🧱 The reward targets include stablecoins, NFTs, DeFi, and DAO projects.
The incentive targets of Rev+ are not limited to DeFi protocol developers, but also include:
- Stablecoin Issuer
- NFT Creators and Platforms
- DAO Governance Organization
- Any Web3 project that drives on-chain transactions
All these ecosystem participants will automatically receive a Gas fee share related to the transaction volume they facilitate. According to Hong Sun, the head of the Core Foundation, “Rev+ is the first time that on-chain assets can generate revenue based on usage, just like Web2 companies.”
💰 Stablecoins become the core target, with trading volume accounting for over 35%.
Core Foundation emphasizes the key role of stablecoins in the Rev+ incentive mechanism. According to data statistics:
- Stablecoins account for over 35 trillion dollars of the total annual trading volume across the entire chain.
- Its contribution to the DeFi transaction fee revenue quickly rose from 4.7% at the beginning of the year to 30.8%.
- However, currently most of these fees are not returned to the stablecoin issuers.
Through Rev+, Core will change the status quo, enabling stablecoin issuers to directly gain economic returns from their Token activities, thereby attracting more stablecoin projects to join the Core ecosystem and promoting on-chain trading activity.
🚀 Ecosystem Expansion Goal: Attract More Developers and Protocols to Settle on Core Chain
Core is a Layer 1 blockchain protocol compatible with the Ethereum Virtual Machine (EVM) and supporting Bitcoin staking. Through Rev+, Core aims to:
- Accelerate attracting developers to deploy dApps
- Incentivize more stablecoin migration to the Core ecosystem
- Provide long-term sustainable revenue models for NFTs and DAOs
“As long as the project generates on-chain activity, it can receive automatic rewards,” Hong Sun added, “This is different from the current approach of most chains that rely on Token issuance and subsidies.”
✅ Conclusion: The transformation of Web3 revenue logic, are on-chain developers ushering in a true era of income?
With the launch of the Rev+ profit-sharing mechanism by Core, this may signal a shift for Web3 developers from an era of “only burning money to contribute” to one of “earning profits through usage.” Project parties no longer depend on token issuance or funding injections from centralized platforms, but instead achieve positive returns directly through on-chain activities.
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