How long is the surge event?
The article doesn't say and this is the first i've heard of it myself so can't provide an answer @cryptoswithcam do we have any infoi yet how long each Surge event will last?
Thanks. Would be good if we know the length of the surge event and how much additional rewards are we talking about (in token, not APY% terms)
Will this be through a governance voted on by HARD token holders?
It will be voted on but not sure If Kava or Hard token holders.
Since it's Loan related, I would assume HARD, right?
Good question. Guillermo and I will bring up more questions with the team on Monday.
Will those rewards be locked for 1 month or 12 months as well ?
I would imagine that would be the case
1) Length of each surge event? 2) Base rewards without surge and additional surge rewards (just so we get a sense of what the run-rate rewards look like without surge)? 3) Proportion of rewards in $KAVA vs $HARD?
Also, what determines the surge event APY? Is the team i) targeting a particular APY% for the surge event while adjusting the token rewards to match the APY% target or ii) fixing the token rewards and see what the APY% eventually ends up as
I believe the latter, but could to get some confirmation on the team’s thinking
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