A survey by Protocol Guild reveals Ethereum developers earn 50-60% less than market rates. Median earnings are $140,000, much lower than the $300,000+ offered elsewhere. This disparity risks talent retention and network growth. The Guild urges community support to bridge the gap, emphasizing the importance of fair compensation for Ethereum’s progress.
The Guild’s efforts include the “1% Engagement” initiative, where projects donate tokens to support developer remuneration. Vaneck pledged 10% of profits to Guild Protocol. This additional funding is crucial for Ethereum’s future success and has already distributed over $32 million to developers.
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