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ETH $1,916.63 +1.14%
BNB $588.67 +3.63%
XRP $1.08 +1.56%
SOL $74.64 +1.84%
TRX $0.3285 +0.70%
DOGE $0.0704 +0.48%
ADA $0.1743 +7.15%
BCH $219.16 +4.36%
LINK $8.49 +2.69%
HYPE $54.02 -1.92%
AAVE $98.46 -0.02%
SUI $0.6965 +1.70%
XLM $0.1718 -0.62%
ZEC $474.55 +2.60%

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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