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Protocol Guild Reduces Dev Pay Gap

A Protocol Guild report found that its contributors earn 50–60% less than market offers. Protocol Guild funding helped reduce the core developer compensation gap.

Quick Take

  • Protocol Guild reduces core dev pay gap.

  • Upbit unveils its L2 on the OP Stack.

  • Ronin selects to build on the OP Stack.

  • Nasdaq seeks SEC approval for tokenization.



Protocol Guild Reduces Pay Gap

The Protocol Guild, a collective supporting ~190 Ethereum protocol contributors, released a report on the compensation gap facing developers who maintain critical infrastructure. The survey found that contributors earn 50–60% less than market offers, with ~40% receiving outside job offers in the past year. Protocol Guild funding accounted for about one-third of median developer compensation, filling the gap left by employers who don’t offer equity or tokens. By funding individuals rather than teams, PG helps preserve credible neutrality and support the long-term sustainability of Ethereum’s core development. 

Upbit Announces L2 On OP Stack

Upbit, South Korea’s largest centralized crypto exchange, announced its own Layer 2 network built on the OP Stack, coined Global Infrastructure for Web3 Access (Giwa). Giwa is already live on the Sepolia testnet, though a mainnet launch date has not yet been announced. The OP Stack, an open-source framework developed by OP Labs, allows anyone to deploy a customized L2. By leveraging this stack, Giwa aims to deliver one-second block times and low transaction fees to attract users.

Ronin Builds L2 On The OP Stack

Ronin Network announced that it will build its gaming-focused L2 on the OP Stack, following approval by Ronin Governing Validators. The migration from an L1 to an OP Stack L2 will bring reduced block times of 100–200 ms and scale capacity up to 1 million TPS throughput. Ronin will join the Superchain alongside Base, Ink, and Unichain, gaining shared upgrades, future native interoperability, and contributing sequencer fees. As a Superchain member, Ronin builders will also be eligible for future retro funding rounds. Ronin has also secured milestone-based grants from the Optimism Foundation, Eigen Labs, and Boundless Foundation. No action is required for users during the migration, and $RON will continue to be supported for gas fees.

Nasdaq Seeks SEC Approval To Tokenize

Nasdaq, the world’s second-largest stock exchange, has filed with the SEC seeking approval to list tokenized securities. The proposal would integrate tokenization into Nasdaq’s regulated markets while maintaining existing investor protections.

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