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![](\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-05\/a75ab4f4-5c85-487d-b3ae-a5d59aa8fc66.jpg\")
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A new program from the Fantom Opera network team will pay<\/a> developers for the gas fees they generate from users, according to a May 31 announcement. Specifically, the \u201cGas Monetization Program\u201d will pay eligible developers 15% of the total gas fees their apps generate.<\/p>\n Gas Monetization on #Fantom<\/a> is live! ⛽<\/p>\n The program provides dApps with a sustainable income by offering them a 15% share of the gas fees they generate.<\/p>\n Over 12,000 $FTM<\/a> has been distributed thus far https:\/\/t.co\/BqpuKtrZh0<\/a><\/p>\n \u2014 Fantom Foundation (@FantomFDN) May 31, 2023<\/a><\/p><\/blockquote>\n Six Web3 apps have already been approved for the program, including ParaSwap, Beethoven X, Stargate, LayerZero, WOOFi and SpookySwap. These apps have generated over 12,000 Fantom (FTM<\/a>) in rewards already (worth approximately $3,715), the announcement stated.<\/p>\n The program was inspired by the \u201cWeb2 ad-revenue model\u201d implemented by sites like YouTube and Snapchat that pay content creators for their contributions. The Fantom team hopes it will provide developers with an \u201calternative source of revenue,\u201d leading to a \u201csustainable\u201d ecosystem for Fantom.<\/p>\n However, not all apps will be eligible for the program. Protocols that have done less than 125,000 transactions or have been live on Fantom for less than three months will be automatically excluded. Others can apply to become part of the program, but Fantom warned that \u201cthe criteria are subject to change as the Fantom Foundation assesses their effectiveness.\u201d<\/p>\n The team encountered some pushback from users when it first began discussing the Gas Monetization Program. \u201cThere are some who have speculated that the Gas Monetization program might discourage developers from creating gas-efficient contracts, as higher gas fees results in greater FTM rewards for them to claim,\u201d\u00a0the Fantom team said.<\/p>\n However, Fantom argued that this reasoning is flawed. The team believes app developers will still need to make gas-efficient contracts; otherwise, the apps will be challenged by competitors. The team clarified that apps perceived to be abusing the program may be suspended from participation.\u00a0<\/p>\n Fantom has been preparing for the Gas Monetization Program since December, when it proposed a 75% cut<\/a> to the token burn rate to finance it. Later that month, Fantom Foundation director and decentralized finance architect Andre Cronje announced that the team would focus on \u201cgas reform\u201d<\/a> in 2023 to onboard more developers and users.<\/p>\n<\/div>\n\n