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BTC $64,139.52 +0.38%
ETH $1,866.60 +0.59%
BNB $567.02 +1.27%
XRP $1.09 +0.98%
SOL $74.23 +0.58%
TRX $0.3306 +0.15%
DOGE $0.0719 +4.68%
ADA $0.1649 +0.86%
BCH $209.77 +0.11%
LINK $8.39 +0.90%
HYPE $57.76 -1.66%
AAVE $91.75 -2.83%
SUI $0.7119 -0.24%
XLM $0.1786 +0.85%
ZEC $479.51 -2.37%

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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