Foresight News reports that the Core Foundation has announced the launch of Rev+ — an on-chain revenue sharing mechanism at the protocol level, providing continuous incentives for developers, stablecoin issuers, and decentralized organizations. Rev+ allows project parties to gain stable income from on-chain transactions without having to issue tokens, and distributes Gas fees based on transaction volume, address activity, and other contributions.
The Core Foundation stated that stablecoins currently account for more than one-third of DeFi revenue, with an annual trading volume exceeding $35 trillion, yet there is little income returned to developers. Institutional leader Hong Sun stated: "Rev+ transforms on-chain circulation into sustainable returns, injecting a new incentive mechanism for the Web3 ecosystem and stablecoin issuers." The launch of Rev+ will help Core establish its leading position in the Bitcoin scaling solution track.