Kevin Owocki and Devansh Mehta proposed a dynamic fee structure for Ethereum's application layer to ensure fair revenue generation for app builders. Their proposal includes a square root function that reduces fees as project funding grows, capping fees at 1% for projects over $10 million. This aims to support small app builders while encouraging project and funding growth. The proposal reflects a need to reform fee structures to maintain Ethereum's economic viability against competitors. Despite Solana attracting more developers in 2024, Ethereum remains the top choice for developer talent. Ethereum fees hit five-year lows in April 2025 due to reduced demand for smart contract operations like DeFi, leading institutions to scale back Ether holdings. The article highlights Ethereum's dominance in the tokenization race and offers insights on DeFi developments through the Finance Redefined newsletter. Read more AI-generated news on: https://app.chaingpt.org/news

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