Ethereum's fee reform proposed by Kevin Owocki and Devansh Mehta uses a formula where smaller projects pay a higher percentage in fees, while larger projects pay a lower percentage

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The April 27 proposal outlined a simple equation that uses a square root function that proportionally lowers the percentage of fees as the funding capital allocated to a particular project grows. Owocki and Mehta explained:
For smaller funding amounts, the fee follows a square root function (sqrt(1000 * N)), providing proportionally higher returns to make building mechanisms for smaller pools worthwhile. For example, if the funding pool is $170,000, then root of 1000 * 170,000 = $13,038.4 or 7% is taken as overhead.

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