Ethereum developers suggest new way to charge app fees
Two Ethereum community members, Kevin Owocki and Devansh Mehta, have suggested a fresh idea for app fees on Ethereum. They want a system where small projects pay higher fees at first, but as their funding grows, the fee percentage gets smaller.
Here’s how it works:
If a project has a small funding pool, it pays a bigger fee to help developers earn enough.
But once a project gets bigger — like reaching $10 million in funding — the fee drops and is capped at just 1%.
This idea is meant to help small app builders get started without getting crushed by high fees, while encouraging bigger projects to keep growing.
The proposal shows how Ethereum is working to stay strong against fast-growing rivals like Solana, which brought in more new developers in 2024. Even though Ethereum still leads in developer numbers, competition is getting tougher.
On top of that, Ethereum’s transaction fees have fallen to their lowest in five years. Less activity on the network means investors are starting to lose interest — and some are even selling off their ETH. $ETH
