Why track active developers?
For investors, it's crucial to understand & be able to calculate the operational efficiency of a protocol or DAO.
If a protocol generates $50M in revenue, it's really valuable to know if it's being developed by 20 or 200 people.
Why we only include the core Github organization's repos for this metric:
We include only main organization repos for fair comparison without preferential treatment. For example, if Jito's developers were considered Solana core developers, then Flashbots' developers should also be included in Ethereum L1s stats. However, since Flashbots is a separately funded, multichain entity, we display them separately. Despite their ideological connection, they aren't Ethereum core developers from an accounting standpoint. In theory, Flashbots could still be worth $1B by building MEV infrastructure for only other chains than Ethereum.
Our objective is to represent each protocol's or DAO's core engineering headcount accurately. Ideally, we'll be able to create income statements for each project, featuring core contributors' total compensation as a line item. However, we do also recognize the importance of tracking both core and ecosystem developers.
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