market cap over 800M the price of token was way over $5. Now we have 800m+ market cap with token price <$5. Is this Kava inflation or something else is happening here?
Exactly, inflation
Yep, it is due inflation, but keep in mind that the vast majority of tokens that are created are not in circulation and will be distributed over a 4 year period. So circulating supply ( the actual number to be tracked) is and will be far less than the total supply
What is the real rate of inflation on KAVA over the year, please
Do not worry about inflation. Kava is a low to mid cap token. They need staking incentives for people to buy and hold! It needs to grow quickly and most low to mids are inflationary for a purpose.
Inflation is currently 100% should be somewhere in the pinned comments
If the vast majority of tokens have not been distributed yet, why does coingecko data make it look like most token is already in circulation? Circulating Supply - 171,651,740 Total Supply - 179,096,858
Kava has no total supply. Its supply increases with inflation. But at some point the burning mechanism will be probably implemented
There are around 7.5m of the original 100m kava generated at launch still to unlock. That total supply is increasing
Because Coingecko and coinmarketcap data are wrong. There are 22 million tokens (and growing) that are locked between the SAFU fund and the incentive program. Then over 100 million tokens are staked with a 21 unbonding period (big disincentive to unbond), giving only ~50 million tokens in actual circulation
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