KILT Community Update: End of Delegator Staking Rewards
The community has just voted to end KILT Delegator rewards now rather than later — marking a strategic move from incentives toward sustainable growth.The delegator rewards were originally planned to last two years after Golive, but the community extended them for another year. Now, the community has decided to end this additional phase ahead of schedule, signaling a shift in priorities: lower inflation over higher rewards.
What’s Changed?
Delegator Rewards Ended: Effective immediately, Delegator rewards are set to 0%, lowering inflation significantly. However, Delegators can continue staking and play a role in KILT’s governance.
Collator Rewards Remain: Collators keep the KILT network operational, and their rewards will continue to support network reliability.
Why the Change?
Delegator rewards were initially intended to incentivize participation and stake on the most reliable collators, but they were intended to eventually phase out. It was a critical step in KILT’s growth, and the role delegators have played has been invaluable in maintaining the reliability of the KILT network. Now, with a strong foundation in place, the community is ready to move forward by reducing inflation and focusing on KILT’s expanding utility.
With bonding curves, KILT is entering a new era of utility, making the delegator reward incentives no longer necessary.
What’s Next?
The KILT community’s decision showcases the power of decentralized governance in action, bringing about meaningful change that serves both current and future participants. Your input continues to be crucial as KILT rolls out new features and community-driven initiatives.
Gratitude to the KILT Community
A heartfelt thank you to all KILT Delegators, Collators, and community members for your unwavering support, valuable input, and dedication. Together, we’re crafting a stronger and more sustainable future for KILT. We invite you to join us in this exciting new phase as we continue to innovate, collaborate, and grow — powered by the community, for the community.
For more information on the proposal and to join the conversation, please visit: KILT Governance Proposal: https://kilt.polkassembly.network/referendum/45?tab=onChainInfo
About KILT Protocol
KILT is an identity blockchain for generating decentralized identifiers (DIDs) and verifiable credentials, enabling secure, practical identity solutions for enterprises and consumers. KILT brings the traditional process of trust in real-world credentials (passport, driver’s license) to the digital world while keeping data private and in possession of its owner.
