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ETH $2,226.83 -2.74%
BNB $673.11 -1.48%
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SOL $89.29 -3.30%
TRX $0.3520 -0.45%
DOGE $0.1130 -2.87%
ADA $0.2616 -3.79%
BCH $427.08 -2.22%
LINK $10.08 -3.97%
HYPE $44.13 -2.30%
AAVE $93.24 -5.44%
SUI $1.10 -7.56%
XLM $0.1552 -4.80%
ZEC $517.57 -8.04%

The Developer Reward Agreement Archway has been launched on the Cosmos mainnet

2023-07-03 21:09:40
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ChainCatcher news, Phi Labs' Archway has launched on the Cosmos mainnet, and Archway will provide automatic rewards for decentralized application developers on the network. 25% of the Archway tokens are allocated to application developers, while the remaining 75% are allocated to validators.

Griffin Anderson, co-founder of Archway, stated that developers building on top will have a primary stake in the underlying protocol, similar to how validators and miners earn rewards by validating the network. (source link)

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