Ethereum's Value Reaches $1 Trillion, Yet Developers Remain Undercompensated
Ethereum Developer Compensation: Despite Ethereum's network being valued over $1 trillion, developers earn a median salary of $140,000, significantly lower than external offers averaging $300,000, with some reaching up to $700,000.
Equity and Token Distribution: Only 37% of Ethereum developers receive equity or tokens, compared to a 6.5% norm in the broader crypto industry, highlighting a disparity in financial recognition.
Brain Drain Risk: Nearly 40% of Ethereum developers have received lucrative external job offers, raising concerns about potential brain drain and its impact on the platform's development and roadmap.
Role of Protocol Guild: The Protocol Guild has distributed over $33 million since 2022, playing a crucial role in retaining talent within Ethereum, yet the overall compensation structure remains a significant issue.
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