They just lowered it a few weeks ago?

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Kava Official

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They just lowered it a few weeks ago?

#blockchain #cryptocurrency #english #kava

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18.06.2022

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CryptoDaz (Darren)
Originally they were going to drop it from 20% to ...

Just like they announced that they will repeg usdx and that they have a plan for that but they didn’t announce anything. They even said they will redirect the rewards from luna and ust pools to other pools but they didn’t do that either. The crypto world isn’t what it was before.

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18.06.2022

Javier (DON'T!!! DM!!! ME!!!)

CryptoDaz (Darren)
Originally they were going to drop it from 20% to ...

Nice we will be able to earn something else with the already staked Kava? That's crazy.

0

18.06.2022

CryptoDaz (Darren)

Javier (DON'T!!! DM!!! ME!!!)
Nice we will be able to earn something else with t...

Possibly, no details provided yet

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18.06.2022

Who-is-Who

more weird is how this distribute will happen to dev? what the measure for getting reward😁 inflation going high staking reward going low how can lose users better than this way?😏

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18.06.2022

CryptoDaz (Darren)

Who-is-Who
more weird is how this distribute will happen to d...

Based on the average TVL over a set period of time (probably monthly) So if your project averaged 50% of the total TVL over the month you would get 50% of the incentives for that period

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18.06.2022

Who-is-Who

CryptoDaz (Darren)
Based on the average TVL over a set period of time...

so doesnot matter if whole project bringing 1m$ or 1B$ tlv overal? or they should bring a minimum TLV for legitimate about reward? and what token they need? USDX, kava or any token that they have are include?

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18.06.2022

CryptoDaz (Darren)

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so doesnot matter if whole project bringing 1m$ or...

I believe if we have say 40 protocols and the total TVL combined for those 40 averages $500m and Protocol ABC averaged $5m in TVL then they would receive 1% of the total pool (which initially is 1m Kava each month) so this would be 10,000 Kava tokens If Protocol DEF contributed $50m then they would get 10% so 100,000 Kava If another protocol contributed just $5k in TVL they would get just 100 Kava (if my maths is correct)

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18.06.2022

Who-is-Who

CryptoDaz (Darren)
I believe if we have say 40 protocols and the tota...

i still dont get TLV from what token? kava token or anything?

0

18.06.2022

CryptoDaz (Darren)

Who-is-Who
i still dont get TLV from what token? kava token o...

It can be any tokens For examples the TVL for Kava core products come from Kavca, BTC, BNB, BUSD, ATOM, OSMO XRP, SWP, etc The TVL for these protocols might be wETH, wKAVA, USDC or any assets that are supported by these protocols on the EVM Co-Chain

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18.06.2022

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CryptoDaz (Darren)
It can be any tokens For examples the TVL for Kava...

Then if Uniswap getting in it will rank 1 without doing anything? just need add one wKava for including?

0

18.06.2022

CryptoDaz (Darren)

Who-is-Who
Then if Uniswap getting in it will rank 1 without ...

They would still need to attract a decent amount of TVL to Kava's ETH Co-Chain, they can't rely on the TVL they have on other chains such as on Ethereum. For example Uniswap has $4.4b on Ethereum,

0

18.06.2022

CryptoDaz (Darren) · Accepted Answer

Originally they were going to drop it from 20% to 15% but I suggested they limit it to 17% and then perhaps down to 15% a couple of months later. They did go with my first suggestion but only waited three weeks and dropped it even lower The staking yields was 32.6% APY prior to the 100% inflation which has the effect of increasing the yield daily which I why we will be back to 27% by the end of July so only 5.6% below it's original start point There is a move towards staking derivatives where you will be able to use your Staked Kava to possibly earn extra yield which might be higher than you currently earn but no details have been announced yet

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They just lowered it a few weeks ago?

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