Ethereum's Surprise Move! A New Fee Mechanism Targets 'All-in-One', Safeguarding Ecosystem Restructuring?

Ethereum developers have proposed a disruptive fee model aimed at injecting new vitality into the ecosystem. This scheme dynamically adjusts funding rates using a square root algorithm—charging a higher percentage for smaller projects to encourage prudent funding use, while setting a cap for larger projects at no more than 1%, aiming to prevent giants from monopolizing the space.

For instance, a $170,000 project will incur approximately 7% in fees, achieving a new balance between funding intensity and fairness. Developers Owoqi and Meta stated, 'We are working to create a diverse ecosystem that supports innovation while avoiding excessive charges.'

As competing platforms rise and user activity and on-chain transaction volume decline, Ethereum is facing a 'growth bottleneck'. The new fee proposal could be a key variable in alleviating pressure, and whether it can gain developer approval and reactivate the dormant on-chain vitality will be the focus in the coming months.