Everyone vote no for the next proposal for going again.

Question

Kava Official

Mucayid

Everyone vote no for the next proposal for going again.

3.5 % to the community of the stakers?

#blockchain #cryptocurrency #english #kava

0

14.06.2022

11 ответов

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Mikulas Molnar

CryptoDaz (Darren)
That 37.5% / 62.5% is not APY, it is suggesting ho...

Thanks Darren for explanation, if i understood it correctly, during 13 months of incentive program 200 000 000 kava will be emitted for developers, distributed them just 50 mil and 120 mil for stakers if 62.5 /32.5 , thats 320 mil new kava . 150 mil kava not distributed to developers will be staked or?

0

14.06.2022

CryptoDaz (Darren)

Mikulas Molnar
Thanks Darren for explanation, if i understood it...

Where are you getting the 120m for stakers from

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14.06.2022

Mikulas Molnar

CryptoDaz (Darren)
Where are you getting the 120m for stakers from

From the picture emitted kava by each block 62.5 vs 37.5 is allocated ...

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14.06.2022

CryptoDaz (Darren)

Mikulas Molnar
From the picture emitted kava by each block 62.5 v...

They've never really explained those numbers I think they might be referring to distribution rather then the inflation which might give 50m to Developers 30m to Stakers Total - 80m Kava 50/80 = 62.5% 30/80 = 37.5%

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14.06.2022

Bartek

CryptoDaz (Darren)
They've never really explained those numbers I th...

The incentive kava accumulated over 13 months period of 100% inflation will be released to projects / developers onboarding the Kava but OVER 4 years period of I remember correctly

0

14.06.2022

Mikulas Molnar

CryptoDaz (Darren)
They've never really explained those numbers I th...

Thanks anyway

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14.06.2022

CryptoDaz (Darren)

Mikulas Molnar
Thanks anyway

Yes I know they are creating 200m Kava over 3 months and distributed over 4 years (50m per year), although this is all subject to change depending if it's felt the incentives are adding value to the Kava network

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14.06.2022

Bartek

CryptoDaz (Darren)
Yes I know they are creating 200m Kava over 3 mont...

We can always vote to burn the excess if not enough projects onboard and it's disruptive to project value / confidence

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14.06.2022

Jock Pol

Bartek
We can always vote to burn the excess if not enoug...

Yes Bartek burn it

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14.06.2022

CryptoDaz (Darren)

Bartek
We can always vote to burn the excess if not enoug...

Correct and Scott has said the same himself You could mint 200m but after 12 months decide the benefits are not worth is and simply vote to burn the undistributed tokens (or burn some and keep some to boost the SAFU fund)

0

14.06.2022

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

That 37.5% / 62.5% is not APY, it is suggesting how the split of future distributions is split. Builders get 50m per year so that stat would equate to 30m kava per year for stakers, which is not far from current levels but in 12 months time 30m would be a much smaller yield compared to now. This reduction in staking yield is part of a move to Kava Staking Derivatives

0

14.06.2022

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Everyone vote no for the next proposal for going again.

11 ответов

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