The article says nothing about Kava's collection of ghost tokens?

Question

The article says nothing about Kava's collection of ghost tokens?

Kava Lend just carries on printing new lows. There's no development, no news, there just seems no purpose to the token. It's hard to believe that Kava Swap was once worth north of $3, and now has a market cap of just $2m. Does SWP or LEND have any actual utility at all? And as for USDx. I get that these are still tricky times for stable coins. But the supposedly pegged coin yo-yos worse than the Guinean Franc. Again, no commentary about what is meant to be the star of Kava's show. Especially as Scott is on record saying USDx would regain its peg some 11 months! Printing more KAVA is neither here or there for me, have at it. But what is the plan for Kava's already existing products?

#blockchain #cryptocurrency #english #kava

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13.05.2023

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Denis Rublev

Sierra Golf
I think the only way we are going to see substanti...

Anyway, what will be the incentive to buy swp or hard? Check the competitors and you’ll see that they are all in sharp decline. It’s just not attractive for capital

0

14.05.2023

Sierra Golf · Accepted Answer

I think the only way we are going to see substantial progress on mint, lend, swap and earn any time soon is, if the kava team splits into a core and a defi team. the former to support the network's core development, stability and security and the latter to further develop the native defi protocols. also governance of the two should be completely separate. so that holders of hard and swp can vote on features to be developed on defi and kava holders for platform extensions and general topics like inflation. although I believe the governance for the defi part would need a complete overhaul, as it is virtually not existing right now and not representative of all native defi protocols of kava. however if there aren't enough engineers and product people or not enough money to fund both initiatives in parallel, focussing on platform topics is probably the best choice. @cryptoswithcam @gr8scott care to comment?

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The article says nothing about Kava's collection of ghost tokens?

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