Core launched Rev+: a new mechanism for on-chain activity revenue distribution that incentivizes developers and stablecoin issuers.

The Core Foundation Launches Rev+: A New Mechanism for On-Chain Activity Revenue Distribution

The Core Foundation announced on July 15, 2025, the launch of a new protocol layer profit-sharing mechanism called Rev+. This mechanism aims to directly reward developers, stablecoin issuers, and decentralized organizations, providing incentives for projects that create real user value. Rev+ enables developers to earn ongoing revenue from the Gas fees generated by their applications without the need to issue tokens or design complex governance mechanisms to achieve profitability.

For a long time, the incentive structure of the blockchain ecosystem has been inadequate. Although the on-chain transaction volume driven by stablecoins exceeds $35 trillion annually, most of the revenue does not flow to the actual builders and issuers supporting these transactions. Hong Sun, Head of Core Institutional Business, stated that the launch of Rev+ will change the status quo where stablecoin issuers cannot benefit from transactions. Given that stablecoins currently account for more than one-third of decentralized finance revenue, this mechanism will ensure that projects promoting Web3 development receive the returns they deserve when their tokens circulate on-chain.

Rev+ Operation Mechanism

On the Core chain, any transaction activity triggered by smart contracts (such as stablecoin exchanges, collateral liquidity, or vault operations) will generate revenue for their issuers. This revenue can be distributed directly at the time of the transaction or allocated periodically through the protocol layer revenue pool. The revenue pool will be allocated based on the project's overall contribution to the Core chain, taking into account multiple dimensions including total transaction volume, the number of new unique addresses, nominal transaction amounts, and accumulated Gas fees.

In addition, Rev+ has established a dedicated reward pool to give back to developers, integrators, and all contributors who promote ecosystem growth. The more active the network usage, the larger the reward pool, and the higher the earnings for builders.

Core Launches Rev+: The First Revenue Sharing Mechanism That Converts On-Chain Behavior into Income

Importance of Rev+

The launch of Rev+ will provide rewards for developers and promoters of stablecoin market activities. As stablecoins gradually become a dominant force in the crypto space, Rev+ will allocate Gas fees to token issuers and offer additional incentives to developers and application teams based on usage frequency and transaction volume. This mechanism applies to all assets on Core, including dollar-pegged stablecoins, on-chain representations of real assets, NFT collectibles, and exclusive protocols. It will transform daily transactions into a continuous source of income, providing a sustainable business model for projects of all sizes.

Hong Sun emphasized that the purpose of Rev+ design is to reward the actual behaviors that drive Core growth. The more transactions there are, the greater the incentives, and this mechanism allows on-chain assets to achieve a monetization model similar to that of Web2 companies for the first time.

It is worth noting that the importance of stablecoins in the DeFi sector is increasingly prominent. Currently, stablecoins account for approximately 30.8% of all DeFi fees, while this proportion was only 4.7% at the beginning of the year, demonstrating the crucial role of stablecoins in trading, lending, and yield farming.

Turning Point for Web3 Adoption

Compared to the existing market models, Core's Rev+ has a broader scope of benefits. As long as assets are invoked on Core, both token issuers and developers will benefit. Rev+ adopts an "asset-centric" mechanism, replacing the previous "application-centric" model of the Web3 market, and creates a fair and sustainable incentive structure for all tokenized projects deployed on Core. This not only rewards dApp developers but also encompasses a wider range of Web3 contribution teams.

Through Rev+, Core has further solidified its position as a leader in Bitcoin scaling solutions. Core supports Bitcoin's self-custody staking, EVM compatibility, and now true token monetization. As the issuance of stablecoins and DeFi activities continue to grow, Rev+ will ensure that projects can share in the growth benefits, thereby stimulating stronger network effects and long-term development.

In the coming weeks, Core will collaborate with several leading stablecoin projects to promote the implementation of this innovative asset monetization model.

About the Core Foundation

The Core Foundation is committed to promoting the development of the Core blockchain ecosystem. The foundation continuously fosters growth and innovation on the Core blockchain by providing funding, investing in projects, and establishing partnerships. Core is the first and only network to offer an end-to-end Proof of Stake mechanism for Bitcoin, supporting non-custodial Bitcoin staking, and building an EVM-compatible BTCfi ecosystem.

CORE1.9%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Share
Comment
0/400
GateUser-df3fc54bvip
· 2h ago
Can the core price rise?
View OriginalReply0
DeepRabbitHolevip
· 5h ago
The anchor yield has finally started to move!
View OriginalReply0
AirDropMissedvip
· 5h ago
Again, it's the Core that plays people for suckers for a long time.
View OriginalReply0
MissedAirdropAgainvip
· 5h ago
It's a good thing to share money again. Charge, charge, charge!
View OriginalReply0
GasFeeSobbervip
· 5h ago
Finally, someone cares about gas, gm
View OriginalReply0
TokenCreatorOPvip
· 5h ago
No wonder the gas fees have been high lately.
View OriginalReply0
IfIWereOnChainvip
· 5h ago
rev is here, the project party is making money while lying down.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)