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BTC $64,116.56 +0.03%
ETH $1,867.02 +0.34%
BNB $566.37 +0.94%
XRP $1.09 +0.72%
SOL $74.15 +0.23%
TRX $0.3297 -0.08%
DOGE $0.0713 +3.31%
ADA $0.1649 +0.43%
BCH $209.78 -0.10%
LINK $8.38 +0.36%
HYPE $57.76 -1.85%
AAVE $91.84 -3.01%
SUI $0.7108 -0.83%
XLM $0.1784 +0.40%
ZEC $480.51 -2.89%

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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