The Ethereum community has proposed a new dynamic fee structure for the Application Layer.

Gate.io News bot, according to Cointelegraph, Ethereum community members Kevin Owocki and Devansh Mehta recently proposed a reform of the fee structure of the application layer. The proposal designs a dynamic fee mechanism based on the square root function: the fee ratio decreases as the project pool size grows, and limits the fee ratio to 1% when the pool size reaches $10 million.

This fee structure is designed to balance the interests of small developers and provide motivation for the expansion of application and fund pool size.