Q&A on Props #112 and #113 Why are the 1-month and

Question

Q&A on Props #112 and #113 Why are the 1-month and

12-month vesting periods being brought back?

We’ve heard the community’s feedback on props 112 and 113, and we’d like to address it.

The two proposals aim to strengthen the long-term yield strategies for users, which are affected by two features launched on the K11 upgrade.

We have listened to the feedback from our community, especially from our more experienced users, that expressed very early after the K11 launch that removing the vesting period hurt their long-term yield plans.

How does it benefit the users in the long term, and does Kava benefit any of it?

We firmly believe these props correct a situation created in the last release and that our DeFi community will warmly welcome it.

These changes empower users to multiply rewards via vesting periods or receive liquid benefits promptly by leveraging any Kava protocols or a combination.

At Kava, we do not seek immediate benefits. Instead, we want to be close to all users and offer high APYs and accessible tools without resorting to short-term.

That's the reason behind reinstating vesting periods and reducing incentives for bKAVA, Kava Mint, and Kava Swap.

#blockchain #cryptocurrency #english #kava

0

02.12.2022

5 ответов

13 просмотров

Jock Pol

How to give community feedback? What’s a good platform

0

02.12.2022

Cameron | Kava (I will never DM first) Автор вопроса

Jock Pol
How to give community feedback? What’s a good plat...

For now, you can either share your feedback here or DM me. As I just started my role with the Product team, I need to re-strategize on setting up a better method to streamline community feedback.

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02.12.2022

Arthur ( permissionless DM is insta block)

When are these coming in effect again ? This is getting slightly confusing 🙈

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07.12.2022

XX X

Arthur ( permissionless DM is insta block)
When are these coming in effect again ? This is ge...

112 is in effect now, and the lock up periods come back in a few hours.

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07.12.2022