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BTC $63,139.60 +0.02%
ETH $1,884.03 +0.45%
BNB $606.53 -0.13%
XRP $1.00 -0.28%
SOL $75.56 -0.29%
TRX $0.3320 -0.55%
DOGE $0.0699 +0.14%
ADA $0.1802 -0.66%
BCH $203.72 -1.14%
LINK $8.93 +1.91%
HYPE $55.96 -3.00%
AAVE $86.72 -0.95%
SUI $0.6781 -0.81%
XLM $0.1600 +0.76%
ZEC $491.14 +0.90%

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

2023-07-03 21:09:40

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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