honey 🍯 flows to devs and stakers , what use will mint have ? Swap and hard nothing burgers so far , is kava over doing it with DAPP tokens ? I’m wondering how useful Mint will be ? TBH I much prefer getting Kava for minting USDX
I'm not sure how the mint token will fit in the whole kava network.
I guess we have to be optimistic/open minded. Hard hasn’t been great but it does have value which can be traded for more Kava 👍
I believe nothing can be done with governance tokens. I don’t believe in governance tokens. Governance is fake. Utility is what matters. Only kava has utility now: security and gas
I’m inclined to vote no but …. I’m sure exchange whales like Binance will push mint through as it’s another shitcoin for them to sell 🤷♂️
Binance doesn’t vote. Kava votes with 30-40 mln tokens
Ok bad but …. It’s another crummy governance token with no utility as you said. How long has utility been hinted at with HARD ? 🤦♂️
The tokens are used essentially as rewards to boost the API. Without rewards the protocol wouldn't work. They are not used as governing token as there are still too few in circulation, and most of them are in the hand of teams and devs, so comminity doesn't really have a say.
Of course. There needs to be some utility, some logic in buying the token
Is there a logic to buy any token reither then a piece of land etc??😉 It's the new technology that counts and that's what Blockchain stands for. So what is the problem if kava will realse a new token just don't buy it use the platform which is the utility in this case
Shares? Company is generating profit and paying shareholders from profit. Of course there are speculative shares as well while the company has no profit
I find similarities between shares and tokens. For example Kava lend is a global financial institution, It makes profit from borrowing and lending, like a bank. But without the thousands of personell that a global financial bank needs. That's why I think it will gain value over time, while the legacy financial system will desappear. That's my bet.
You mean a bank that value other banks/token customers that the platform token holdrs
Обсуждают сегодня