Archway (ARCH)

From CryptoWiki

Archway is a Cosmos ecosystem Layer-1 blockchain

Basics

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

History

Audits & Exploits

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

Transaction Details

How it works

Fees

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

Upgrades

Staking

"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

"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

"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

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