StarkWare Launches Devonomics Pilot Program to Pay Developers Via Network Fees

StarkWare and the Starknet Foundation have announced the launch of a new pilot program called “Devonomics.” This initiative aims to allocate a slice of network fees to Starknet DApp developers, with a proposed split of 10%—8% for DApp developers and 2% for core developers.

Devonomics will start with an initial distribution covering all transaction fees accumulated from launch until November 30, 2023. This will amount to some 1,600 ETH (over $3.5 million at the time of writing). In the future, the distribution will switch to using the Starknet token, STRK. This transition is expected to happen after the Starknet upgrade to version 0.13, where fees will be paid in STRK.

StarkWare stated that Devonomics allocations will be automated, and calculated by an algorithm based on the level of fees generated by each dApp.