The Core Foundation, the organization behind the Core blockchain, is launching a new revenue-sharing mechanism for the Web3 industry intended to shake up how stablecoin issuers and developers raise funds.
Rev+ claims to be the first protocol-level program that directly rewards developers, stablecoin issuers and decentralized autonomous organizations (DAOs) based on their created user value. Once launched, it will allow projects to earn revenue from user-generated gas fees on their blockchain applications.
It could provide a sustainable revenue stream for developers, who were previously forced to launch cryptocurrencies to raise project funds.
“Stablecoins now account for over one-third of DeFi revenue,” wrote Hong Sun, the institutional lead at the Core Foundation, adding:
“Yet issuers do not earn revenue from transaction activity. Rev+ will change that by aligning incentives so that the projects powering Web3 actually get paid when their tokens move.”
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How Core’s Rev+ program will generate revenue
The Core blockchain is the first Ethereum Virtual Machine (EVM)-compatible Bitcoin staking protocol.
Transactions triggered by Core smart contracts — such as stablecoin swaps, moving collateral or using a vault — will award recurring revenue for the issuers through direct payouts after transactions or through a revenue-sharing pool.
The revenue sharing pool is based on the level of contribution to the Core blockchain, factoring in total transaction count, new unique addresses, notional value and total transaction fees generated.
The revenue pool is “distributed among participating partners during each cycle,” Rich Rines, an initial contributor to Core DAO, told Cointelegraph, adding:
“While the pool may be modest at launch, Rev+ establishes a sustainable, usage-based monetization model designed to grow with Core’s network.”
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Crypto industry needs more collaborative economic incentives
Notable industry leaders such as Cardano founder Charles Hoskinson have previously called for the industry to embrace more collaborative economic incentives to compete with the growing threat of centralized tech giants entering the Web3 industry.
The decentralized finance (DeFi) industry’s “circular economy” often means that the rally of a specific cryptocurrency is bolstered by funds exiting another token, limiting the growth of the industry, said Hoskinson, speaking at Paris Blockchain Week 2025.
“The problem right now, with the way we’ve done things in the cryptocurrency space, is the tokenomics and the market structure are intrinsically adversarial. It’s sum 0,” said Hoskinson.
“Instead of picking a fight, what you have to do is you have to find tokenomics and market structure that allows you to be in a cooperative equilibrium.”
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