Archway

What is Archway?

Archway is an incentivized Layer 1 (L1) blockchain designed to allow developers to capture the value their decentralized applications (dapps) create. It offers sustainable economic models that support innovation and long-term growth by providing various revenue streams.

How Archway Works

• Smart Contract Premiums: Developers can add a fee to their smart contracts, with 100% of the fees going directly to them. Inflationary Yield: Developers earn a share of the network’s inflation, with 25% directed to them.
• Gas Fee Rebates: Developers receive half of all gas fees generated by their contracts.

Rewards and Incentives

• Earnings Sources: Developers can configure three different earning sources for their dapps, generating ARCH tokens that can be redistributed or leveraged.
• Rewards Calculator: A tool for estimating how many tokens a dapp would earn on the Archway network.

Development with Archway

• Tech Stack: Archway uses CosmWasm, Rust, and Wasm, enabling developers to build dapps using a variety of programming languages.
• Multichain Support: Archway allows the creation of multichain dapps, giving developers access to other ecosystems while earning through Archway.

Sustainability and Security

• Built-in Consensus Fee: Archway ensures network security with a minimum consensus fee, placing a minimum gas price to protect against potential risks.
• Customizable Economics: Archway’s economic model is designed to support scalability while maintaining sustainable growth.

Project Development: Archway’s Friends with Benefits Campaign Powered by Galxe

Archway's "Friends with Benefits" (FWB) campaign is a community engagement initiative designed to reward participants with exclusive NFT badges and token rewards. Running from June 19th to September 19th, 2024, the campaign encourages community interaction through quests on the Galxe platform.

• Exchange Listing Bounties.
• Monthly Raffle Rewards.
• Weekly Meme Competitions.

Read more about the campaign in the full update from Archway.

Other Coins in the Archway Ecosystem

• Akash Network: secures the Akash Network, enabling staking for passive income and network security.
• Cosmos Hub: a blockchain enabling communication and security for Cosmos network zones using ATOM.
• Agoric: a blockchain platform using Hardened JavaScript for secure smart contracts in Cosmos.