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Gibaracione-am

What is the usage of HARD token? I cannot find

any explanation on kava website.

#blockchain #cryptocurrency #english #kava
0

13 ответов

8 просмотров
Cameron | Kava (I will never DM first)-

HARD serves as a governance token for the Kava Lend Protocol. For any governance proposal that submitted to the Lend Protocol, token balance at the time of a governance proposal’s deadline will be used to count a user’s votes.

0
23.03.2022
Cameron | Kava (I will never DM first)-
Gibaracione am
Can it be staked somewhere?

No, HARD cannot be staked. However, you can earn rewards from Lend for supplying HARD and/or rewards from Swap for providing liquidity.

0
23.03.2022
Gibaracione-am Автор вопроса
Cameron | Kava (I will never DM first)
No, HARD cannot be staked. However, you can earn r...

Thanks for answers. Hard that is vested for 1 or 12 months (earned through Atom and Akt surge), cannot be used to lend?

0
23.03.2022
Cameron | Kava (I will never DM first)-
Gibaracione am
Thanks for answers. Hard that is vested for 1 or 1...

They cannot be lent if they are vested until they become un-vested.

0
23.03.2022
Cameron | Kava (I will never DM first)-
Gibaracione am
Thanks for answers. Hard that is vested for 1 or 1...

I forgot one more thing. KAVA in rewards you earn through Lend, can be delegated to earn ~33% APR.

0
23.03.2022
GreenCryptoTea-
Cameron | Kava (I will never DM first)
I forgot one more thing. KAVA in rewards you earn ...

Hello can we put staked asset to lend? For example i have staked akt

0
23.03.2022
CryptoDaz-(Darren)
GreenCryptoTea
Hello can we put staked asset to lend? For example...

No they need to be liquid, although staked kava may soon have more options. From roadmap for May "Liquid staking is implemented on the Kava Network, allowing KAVA stakers to access and use their funds in a tokenized form while staking to secure the network and earn rewards."

0
23.03.2022
John-Jones
CryptoDaz (Darren)
No they need to be liquid, although staked kava ma...

So this staking vested KAVA rewards will be available within kava app directly in the coming months ?

0
23.03.2022
CryptoDaz-(Darren)
John Jones
So this staking vested KAVA rewards will be availa...

Soon you'll be able to use your staked kava in a tokenised form, but details not yet available. I'm not sure if it also applies to vesting staked kava or only non-vesting staked Kava

0
23.03.2022
John-Jones
CryptoDaz (Darren)
Soon you'll be able to use your staked kava in a t...

Now that’s an interesting development. I’m not touching any of my kava for a long while anyway so they can take their time with that. I’ll enjoy the roughly 45% APR with the USDX lend

0
23.03.2022

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