According to ChainCatcher and Cointelegraph, Ethereum community members Kevin Owocki and Devansh Mehta proposed a dynamic fee structure proposal for the Ethereum application layer on April 27, aiming to balance the fairness of income creation and fee extraction for application developers.
The proposal uses a square root function to calculate the fee proportion, with a higher percentage when the funding pool is small, and a fee cap of 1% when exceeding $10 million, to support application developers and encourage project growth.
The proposal by Owocki and Mehta to balance the income and profitability of Ethereum application developers reflects the growing calls for reforming fee structures and value accumulation mechanisms to maintain Ethereum's economic viability relative to competing networks.
