$KAVA : A High-Performance Blockchain
@kava is a layer 1 blockchain that combines the speed and interoperability of the Cosmos ecosystem with the development power of Ethereum.
Its architecture was designed to favor the expansion of protocols, utilizing Cosmos EVM technology, which ensures scalability, security, and optimized support for developers.
The Kava Rise initiative offers a $750 million incentive fund, distributed on-chain. The most utilized protocols receive a monthly share of these resources, directly rewarding those who generate the greatest impact within the ecosystem.
Founders and Community
The network does not rely on a single figure of a founder. Instead, it consists of over 100 application teams and another hundred infrastructure teams. Additionally, independent foundations around the world manage funding and grants to ensure the continuous evolution of the ecosystem.
Token and Emission
The $KAVA token was launched in 2019 through an event on Binance Launchpad. Currently, the entire initial supply is already unlocked. New tokens are issued through the proof-of-stake mechanism, incentivizing validators and programs like Kava Rise.
Security and Governance
The network uses the Tendermint consensus, with validators needing to maintain collateral. Penalties are applied in case of failures, encouraging good practices.
Only the top 100 validators receive direct rewards. Governance is conducted by KavaDAO, where stakers and validators vote on proposals that affect parameters and contracts of the protocol.