As promised, monthly Kava Rise rewards have been sent to

the users!

https://twitter.com/Scott_Stuart_/status/1561869742092128256?t=pXZQnCtUIQ-9BHZ7gK3cwA&s=19

Ser, this is still distribution wallet. Where are actual distribution details? Please tell @gr8scott that community rejects this explanation and we demand distribution plan!

Its just showing crash coming the plan changed from gorws/improvement to direct inflation Better canceling rise event when the goals didnot achived instead of dumping token

Hate to say i agree, not a fan at all of staking just to be dumped on and have my apy decreasing.. It could be bullish that I'm feeling like unstaking tho lol

I also agree its better to cancel the rise program because tokens are moving from inflation + deduction to directly distribution wallet. It doesn't require any program for that. Even if lets say another good protocol comes and bring 300m tvl they will recipe roughly 1m worth of kava which is standard 0.3% fee on dexes so it won't make any difference to non kava protocols

It is 1M per month and the incentives will go up as TVL keeps increasing. So at a high level, there is 200M kava in the program over 4 years, so I think this is just the beginning.

Compare it with numbers

They using "user" word But who is this user? Already kava team has most tokens in their wallet(staked/supply) so any rewards distribution is meaning this user will get a big portion of reward again lol

Maybe we have a different definition of “user” between community members and team lol

They've simply moved them to a wallet that holds all of the SWP, Hard and Kava ready for future distribution. None of these tokens sat in that wallet earn any further rewards (they are not staked and offer no voting power either). How or when any of these additional Kava may get distributed has not yet been made clear. They could be used to bump up yields on any of Kava's core products or simply give a longer runway for the existing distribution

they will distribute beween staker or supplier at end or maybe some competition happening(like trade in binance) but at end it will distribute without helping to improving platform kava team can handle all of them only with unclaimed staked reward no need 200m token for these thing and we know what will happen after it

In this circumstance by 'user' they mean a wallet that is used to specifically hold tokens that over time are distributed to users of Kava Mint, Kava Lend and KavaSwap in the form of incentives. They hold not voting power or earn any additional tokens while they sit in that wallet

I don't think it would be distributed to stakers unless it's part of the new liquid staking they've been talking about, but certainly to users of the three core products in my opinion

vote power in team hand anything can happen and no matter how distribute, it will distribute without any serious purpose

It could 'improve the platform' via higher yields I guess attracting more TVL to the core products

higher yields in any part of platform just giving more reward to team Tell me which part of platform with earning, team havenot token there?

As far as I know any of the products where tokens have been used (such as the SWP that was previously minting USDX) where using treasury/ ecosystem tokens with rewards staying in these wallets, so would hope in the future any rewards these ecosystem wallets earn would be used for the direct benefit of the ecosystem in some way. Using the word 'team' to me means the personal benefit of team members which is not the case and is misleading

Here team has ecosystem meaning But one question: why ecosystem want to gather reward when its designed to distribute reward?

Partly I guess to bump up the TVL In the case of KavaSwap adding liquidity can be beneficial to users as deeper liquidity is generally good I'm not sure how each wallet gets used. Treasury I assume could potentially fund some of the day to day running costs Ecosystem to me feels separate to incentives and would be used to benefit the eco-system but what form that might be I'm not sure