Kevin Owocki and Devansh Mehta designed Ethereum's fee reform to cap fees at 1% once project funding exceeds $10 million, aiming to promote growth without imposing excessive costs on developers
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The authors of the proposal added that fees would be capped at 1% once a particular application's funding pool crossed the $10 million level, ensuring that small app builders can develop decentralized applications without excess fees while also encouraging project and funding growth by capping fees as developers scale their applications.
Once funding exceeds $10 million, the fee transitions to a flat 1% rate (N * 0.01)
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