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ETH $2,287.96 -4.57%
BNB $624.08 -2.39%
XRP $1.39 -3.52%
SOL $84.11 -4.15%
TRX $0.3241 +0.20%
DOGE $0.0993 -1.03%
ADA $0.2470 -2.99%
BCH $447.72 -1.81%
LINK $9.27 -3.02%
HYPE $41.10 -5.15%
AAVE $97.03 -2.55%
SUI $0.9292 -3.02%
XLM $0.1649 -4.82%
ZEC $347.94 -3.24%

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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