BTC $79,182.50 -0.95%
ETH $2,491.98 -0.73%
BNB $739.44 -1.74%
XRP $1.40 -2.06%
SOL $103.88 -1.97%
TRX $0.3345 -0.41%
DOGE $0.0903 -0.34%
ADA $0.2202 -0.71%
BCH $260.89 +0.54%
LINK $12.76 -1.72%
HYPE $85.20 -2.98%
AAVE $132.16 -1.88%
SUI $0.8251 +1.32%
XLM $0.1930 +3.53%
ZEC $1,154.34 -7.51%
BTC $79,182.50 -0.95%
ETH $2,491.98 -0.73%
BNB $739.44 -1.74%
XRP $1.40 -2.06%
SOL $103.88 -1.97%
TRX $0.3345 -0.41%
DOGE $0.0903 -0.34%
ADA $0.2202 -0.71%
BCH $260.89 +0.54%
LINK $12.76 -1.72%
HYPE $85.20 -2.98%
AAVE $132.16 -1.88%
SUI $0.8251 +1.32%
XLM $0.1930 +3.53%
ZEC $1,154.34 -7.51%

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)

app_icon
ChainCatcher Building the Web3 world with innovations.