Core blockchain will automatically reward DeFi protocols, DAOs and stablecoins that generate activity on its network.Core blockchain will automatically reward DeFi protocols, DAOs and stablecoins that generate activity on its network.

Core launches Rev+ to authomatically reward DeFi developers

2 min read

Core will automatically reward developers who contribute to activity on its platform, from stablecoins to DeFi projects.

DeFi projects and developers are a core part of any ecosystem, but so far, they have not reaped much of the rewards. For this reason, on Tuesday, June 15, Core Foundation announced the launch of Rev+, a protocol-level revenue-sharing model.

Developers who work on the Core (CORE) ecosystem, an EVM-compatible Bitcoin (BTC) staking protocol, will automatically earn a portion of gas fees. Stablecoin issuers, NFT collections, DeFi developers, and DAOs will earn a portion of the fees on all transactions they facilitate.

According to Core Foundation, this move was made to more equally distribute the rewards. Specifically, rewards are meant to go to the protocols that facilitate the transactions. This way, they won’t have to issue their own tokens to monetize their activity.

Stablecoins are a key focus in Core’s Rev+ launch

This especially applies to stablecoins, Core’s institutional lead, Hong Sun, stated. Notably, stablecoins account for over $35 trillion in annual volume across all blockchains. This activity helps generate 30.8% of all DeFi fees, up from just 4.7% earlier in the year.

At the same time, most of the fees that stablecoins enable don’t go to the issuers. With the new rewards system, the protocol hopes to attract more stablecoins into its ecosystem. In turn, this could contribute significantly to on-chain activity, boosting ecosystem growth.

Market Opportunity
DeFi Logo
DeFi Price(DEFI)
$0.000346
$0.000346$0.000346
+1.16%
USD
DeFi (DEFI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

UBS CEO Targets Direct Crypto Access With “Fast Follower” Tokenization Strategy

The tension in UBS’s latest strategy update is not between profit and innovation, but between speed and control. On February 4, 2026, as the bank reported a record
Share
Ethnews2026/02/05 04:56
When Will Altcoin Season Start? FED Rate Cut Fuels Bitcoin, but Ethereum Still Lagging

When Will Altcoin Season Start? FED Rate Cut Fuels Bitcoin, but Ethereum Still Lagging

The post When Will Altcoin Season Start? FED Rate Cut Fuels Bitcoin, but Ethereum Still Lagging appeared first on Coinpedia Fintech News The crypto market edged higher today after the U.S. Federal Reserve announced a 25 basis point rate cut, fueling optimism across risk assets. Bitcoin price today is trading around $117,000, while Ethereum holds steady near $4,600. The broader crypto market cap rose modestly, with major altcoins mixed but stable. Analysts note the short-term tone is …
Share
CoinPedia2025/09/18 14:59
Cryptos Signal Divergence Ahead of Fed Rate Decision

Cryptos Signal Divergence Ahead of Fed Rate Decision

The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01