Staking Rewards Update
Proposals will be made to increase KAVA staking rewards until 67% bonded rate is achieved.
Kava Proof of Stake blockchain targets a bonded rate of 67% to maximize the security provided by Tendermint consensus. This bonded rate acts as a layer of security that prevents an outside party from amassing enough KAVA tokens to attempt a censorship or liveness attack against the blockchain.
KAVA bonded rate is currently below this 67% rate, and governance proposals will be made to gradually increase KAVA staking rewards until this target is reached. By increasing the incentive for users to delegate their KAVA to active validators, network security will improve as we continue to grow Kava’s DeFi offerings.
Stay in touch!
- Follow us on Twitter: https://twitter.com/kava_labs
- Join the conversation on Telegram: https://t.me/kavalabs
- Checkout our code: https://github.com/kava-labs
Disclaimer: This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making investment decisions.
