- Rev+ empowers stablecoin issuers with gas fees share.
- Over $35 trillion in transaction activities.
- Industry-first protocol-level revenue allocation.
Core Foundation has launched the Rev+ program, granting stablecoin issuers a new revenue stream through blockchain technology. The initiative incentivizes such issuers and developers by sharing gas fees and distributing CORE tokens based on transaction activities.
With stablecoins accounting for a significant share of DeFi revenue, the Rev+ program’s implementation offers unprecedented financial incentives for issuers. This alignment is expected to stimulate liquidity and participation by major providers.
The Core Foundation introduced Rev+ to allow stablecoin issuers revenue from smart contract activities and transaction volumes. Hong Sun, Institutional Lead, confirmed the aim is to change existing financial mechanisms to benefit projects powering Web3. As stated by Hong Sun, Institutional Lead at Core Foundation, “Stablecoins now account for over one-third of DeFi revenue… 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.”
Participating entities benefit from both direct gas fees and a revenue-sharing pool, integrating projects more deeply into blockchain economics. CORE tokens play a critical role in this economic incentive structure designed by Core Foundation.
Stablecoins, including USDT, USDC, and DAI, along with other DeFi tokens, stand to gain from this development. RWAs and NFTs are also part of this broad-reaching financial shift, illustrating diverse potential impacts across the crypto ecosystem.
History illustrates blockchain foundations have rarely structured revenue directly to token project developers. This program sets a new precedent by directing part of base chain fees, historically allocated to validators, to issuer wallets.
The program, not requiring external funding or partnerships, uses existing core blockchain emission schedules. The goal is to attract liquidity and ensure active involvement from stablecoin operators while maintaining internal financial structures.
Analysts predict deeper market engagement as the Rev+ model unfolds. These revenue-sharing mechanisms are anticipated to trigger increased project participation and stability within DeFi, further reinforcing blockchain’s position in global financial markets.
