A new report from Protocol Guild has shown that Ethereum’s core developers are being paid far below industry standards.
The survey collected responses from 111 out of 190 Guild members and found that most are earning 50% to 60% less than their peers in similar roles.
Compensation Gap
Median salaries for surveyed Ethereum developers came in at about $140,000, compared with offers averaging $300,000 at rival projects. The report also detailed pay by area of focus, with average salaries at $130,000 for client developers, $215,000 for researchers, and $130,000 for coordination roles.
Additionally, these contributors said that they don’t get any equity or token exposure from their employers. The general allocation was $0, with only 37% of respondents receiving anything. On the other hand, final-stage offers made to their peers at rival organizations in the past year included a median equity or token share of 6.5%. This ranges from cofounder-level allocations of 10% to 30% to early emplo
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