Kadena Tokenomics - Devil's Advocate Question Hey, I think what

Question

Kadena Tokenomics - Devil's Advocate Question Hey, I think what

Kadena is working on is great and could really make it a top project in the coming years. However, from an investor's perspective, I'm a little concerned about their tokenomics. Would love to get your takes on the following:

If gas fees on Kadena are basically zero or close to zero for users, and instead miners are rewarded by token emissions, Is there really a demand for the KDA token at all? ETH has huge demand because we need it to pay for gas with it, but what do we actually need KDA for in any significant quantities?

Combine low demand for KDA (assuming what i'm saying above is true) with high inflation via miners reward and vesting (around 12% annual inflation) and you have pretty atrocious tokenomics. Lots of downward pressure.

Basically what you would pay as a user by buying the token is simply subsidised by a high inflation to reward miners.

As I said I love the project but I can't really get around the above.

Thanks lads

#blockchain #cryptocurrency #english #kadena

0

22.05.2022

5 ответов

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n

Low gas fees and Kadena gas stations enable mass adoption because the consumer does not need to know anything about blockchains: no wallets, no buying coins etc. That is huge

0

22.05.2022

Cy Sg

n
Low gas fees and Kadena gas stations enable mass a...

I think polygon network cheaper

0

22.05.2022

TAO UNIVERSE

Proof os stake its the same but you lock your token for staking. Or kadena need defi to lock their token. It will happened soon . And the total amount of token is not much , only 1 billion and other top 50 project have way more token in circulation ^^

0

22.05.2022

Rose

TAO UNIVERSE
Proof os stake its the same but you lock your toke...

There's no 'native' staking as such as Kadena is Proof of Work (PoW) and not Proof of Stake (PoS). There are some other ways to earn passive income on KDA: - Bond 50,000 KDA to the Kadena Chain Relay to secure the Ethereum bridge (currently full but more bridges coming soon). - Bond 100 - 5,000 KDA to the Kadena Chain Relay via CoinMetro (currently full, but expecting to re-open Q1 '22). - Bond / Stake / Provide Liquidity to one of the dApps within the Kadena ecosystem (see @kadena_defi).

0

22.05.2022

halls · Accepted Answer

halls

This question has been asked many times. But I think the mindset from which it is asked is incorrect

0

22.05.2022

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Kadena Tokenomics - Devil's Advocate Question Hey, I think what

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