Hello there everyone is there staking system percentage are down

Staking rewards was little more than 37% then a proposal 85 passed and 3% has been taken from stackers rewards, but percentage dropped to 31.5% and now proposal 89 passed and another 3.5% has been taken from stackers rewards, but percentage dropped from 32.5% I guess and now less than 26%, on proposal and voting on this kind of proposal seems stackers have no upper hand or else they will not agree to reduce there rewards, the question is. Are developers eyes on Kava stackers rewards they see it so much and they want part of it because it looks like that inflation increased to 100 % to attract developers and that was not enough seems so as Kava price declined and been decided to take out part of Kava stackers rewards, do you want stackers to leave Kava because we are staying main reason for the high rewards and secondly because we believe in Kava Project.

0

22.06.2022

DN Donald's

Casparoviri
Staking rewards was little more than 37% then a pr...

yeah but you're not doing anything with the fund, they gotta get developer some coding school/time etc, should that be enough to cover most projects on kava network in 2-3years? i think it be a it too much though maybe reduce it to 25mil first and work slowly, other wise kava will take a hit in price and other chain might be more interesting for e.g. eth

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22.06.2022

Casparoviri

DN Donald's
yeah but you're not doing anything with the fund, ...

First, Kava is not the only project give high stacking rewards, + so far if you compared our earning from the stacking and price action of Kava we are not even in profit, that high yield was keeping stacker incentivized to stay as price goes down but rewards are okay and still with the price drop if you are stacking from a while they you still okay or cost to cost

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22.06.2022

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

Proposal #89 passed a few hours ago https://www.mintscan.io/kava/proposals/89

0

22.06.2022

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Hello there everyone is there staking system percentage are down

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