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BTC $78,917.21 +0.42%
ETH $2,486.91 +0.23%
BNB $750.23 -0.88%
XRP $1.42 +1.61%
SOL $103.67 +0.28%
TRX $0.3388 +0.28%
DOGE $0.0903 +0.37%
ADA $0.2186 -0.21%
BCH $258.00 +0.36%
LINK $12.05 -4.77%
HYPE $86.06 +2.70%
AAVE $128.88 -1.48%
SUI $0.8087 -1.56%
XLM $0.1879 -1.26%
ZEC $1,239.40 +7.97%

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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