and is bad for the adoption of the token in general. It will mean all stakers will be net losing Kava value over 1 year. Also it seems Kava labs themselves voted with crazy amount of Kava for Yes? It's almost impossible already for the proposal to stop going through
We can vote NO and try to block this, but the team probably has control over enough tokens to make anything pass.
I not understand why big validator is alway ignore on voting proposal. I never saw their voting on any proposal.
First I want to wait for some explanation from the team. I think the idea of incentivizing Kava growth is correct, but I want to see in detail how the funds will be used, where they will be locked, whether or not they will be staked (and how the kava rewards will be used) and what the distribution mechanics of tokens will look like. In the article they said that it will be a transparent process but there is no detail explaining it.
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