Core Foundation Introduces First Revenue-Sharing Model for Stablecoin Issuers and Developers
The Core Foundation has launched Rev+, a pioneering revenue-sharing mechanism designed to transform how stablecoin issuers and developers secure funding within the Web3 ecosystem. This model creates a sustainable income stream by rewarding participants based on the value they generate through user activity, reducing reliance on traditional cryptocurrency fundraising methods.
How Rev+ Works
Rev+ represents the first protocol-level initiative that directly compensates developers, stablecoin issuers, and decentralized autonomous organizations (DAOs) for the activity their applications generate. Projects earn a share of gas fees from their blockchain applications, creating a scalable monetization approach tied to network growth.
Impact on Web3 Industry
This incentive-aligned model ensures fair compensation for Web3 contributors. Hong Sun, institutional lead at Core Foundation, notes that while stablecoins drive over one-third of DeFi revenue, issuers previously didn’t benefit from transaction activity – a gap Rev+ now addresses.
Core Blockchain’s Technical Role
As the first EVM-compatible Bitcoin staking protocol, Core blockchain enables this innovation. Its smart contracts facilitate recurring revenue through direct payouts or a contribution-based sharing pool.
Industry Expert Perspectives
Rich Rines of Core DAO explains the pool’s growth potential, while Charles Hoskinson (Cardano founder) emphasizes the need for cooperative economic models to compete with centralized platforms.
