StarkWare awards $3.5 million to developers of 'Devonomics' project

StarkWare, the development company behind Starknet, and the Starknet Foundation announced that as part of the recently announced "Devonomics" plan, approximately $3.5 million in fees paid on the network will be paid to developers. From the launch of the project until November 30th, approximately 10% of network fees (approximately 1,600 ETH in total) will be allocated to support the Starknet ecosystem. Over time, future allocations will occur in the native governance token of the Starknet blockchain, STRK. Currently, 8% of fees will flow to builders of decentralized applications (dApps), while the remaining 2% will go to Starknet core developers.