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Fantom Will Pay Back 15% of Token Fees to Some Projects

Fantom blockchain will reward projects that utilize its network and contribute toward high usage of gas fees in a bid to drive increased demand for block space, developers said Sunday in a tweet. Eligible applications will be rewarded 15% of the gas fees they produce, providing developers with marginal extra income. This is part of a planned move called the “dApp Gas Monetization Program,” which passed a community governance vote earlier this year. Fantom’s burn rate from 20% to 5% and redirect the 15% reduction toward gas monetization. This gas monetization will reward in-demand applications, retain developers, and is said to help support.


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