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ETH $2,490.40 +0.03%
BNB $740.76 -1.19%
XRP $1.40 -0.81%
SOL $104.22 -1.11%
TRX $0.3345 -0.08%
DOGE $0.0903 +0.98%
ADA $0.2197 +0.35%
BCH $260.92 +1.87%
LINK $12.81 +3.70%
HYPE $85.53 -1.95%
AAVE $132.38 -0.17%
SUI $0.8265 +3.70%
XLM $0.1932 +5.45%
ZEC $1,161.15 -4.55%

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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