Archway (ARCH)

Archway is a Cosmos ecosystem Layer-1 blockchain

Basics

Based in:
Started in / Announced on:
Testnet release:
Mainnet release:

History

Audits & Exploits

Bug bounty program can be found [insert here].

Bugs/Exploits

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

Token Allocation

Inflation

10% as of 6-5-2024.

Utility

Burns

Has burns, grew from 78K ARCH in Q3 2023 to 101k ARCH in Q1 2024.

Other Details

Coin Distribution

Technology

Whitepaper or docs can be found [insert here].
Code can be viewed [insert here].
Consensus mechanism: Cosmos SDK
Algorithm:
Virtual Machine:
Development language used: CosmWasm

Transaction Details

Capacity (TPS):
Latency:

How it works

Fees

Archway directly compensates dApp developers through gas fee rebates, inflationary rewards share, and smart contract premiums.

Upgrades

Staking

Has 47% staking rate. From a commissioned Messari report (6-5-2024):

"Entrepreneurs and developers building on Archway can receive a stake in the growth and governance of the protocol itself."

Validator Stats

Liquidity Mining

Scaling

Interoperability

Connected by IBC and Wormhole (6-5-2024).

Other Details

Oracle Method

Their Other Projects

Roadmap

Can be found [Insert link here].

Revenue

Fees have slowly gone up from $13.5K in Q3 2023 to $38.9k in Q1 2024. Out of this respectively $6.8k to 19.4K went to developer rebates.

Usage

From a commissioned Messari report (6-5-2024):

"In Q1 2024, 56 unique addresses launched 92 new contracts, raising the total number of unique contract deployments to 355, originating from 223 unique deployer addresses. In Q1’24, Archway saw a daily average of 1,200 unique active addresses, marking a 52% QoQ increase. Total value locked (TVL) doubled to $8.1 million this quarter, peaking at $9.6 million."

Projects that use or built on it

From a commissioned Messari report (6-5-2024):

"Astrovault, a native DEX built on Archway, held $8 million in TVL at quarter end. Outbid, a new gamified launchpad, was launched on Archway, with the first successful sale conducted for Astrovault’s AXV token, raising a total of $310,496.62."

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

Full team can be found [here].

Funding

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31