Kava (KAVA) Staking

How to Stake KAVA

1. Navigate to https://wallet.keplr.app/

2. Click the Search Chains field and type KAVA

3. Click KAVA

4. Click Stake

5. Click the Search for validator field and type Coinage X DAIC

6. Click Coinage x DAIC

7. Click Stake

8. Click the Amount field, enter the number of KAVA tokens you want to stake

9. Click Stake

10. Approve the Keplr wallet transaction pop-up

11. Congratulations! Your KAVA tokens have been staked

About Kava (KAVA)

Kava is a decentralized Layer-1 blockchain platform that seamlessly integrates the speed and interoperability of the Cosmos SDK with the developer-friendly environment of the Ethereum Virtual Machine (EVM). This unique co-chain architecture enables developers to build and deploy decentralized applications (dApps) using either the Cosmos SDK or Ethereum's Solidity, fostering a versatile ecosystem for Web3 development.

The platform's native token, KAVA, serves multiple functions within the ecosystem:

What Makes Kava Special?

Kava's distinctive features include:

• Co-Chain Architecture: Kava's co-chain model allows for seamless interoperability between the Ethereum and Cosmos ecosystems. Developers can deploy dApps in their preferred environment without sacrificing access to users and assets from the other, enhancing flexibility and broadening potential user bases.
• Scalability and Speed: Leveraging the Tendermint Core consensus engine, Kava achieves high transaction throughput with single-block finality, supporting the demands of numerous protocols and a large user base.
• Interoperability: Through the Inter-Blockchain Communication (IBC) protocol, Kava connects with over 30 chains in the Cosmos ecosystem, facilitating the free flow of users, assets, and projects, and enhancing the overall utility of the network.
• Developer Incentives: Kava has established programs like Kava Rise, which offers a $750 million developer incentive fund to attract and reward developers building on the platform. This initiative promotes rapid ecosystem growth and encourages the development of high-quality dApps.

Links:

• Website
• Github
• Blog
• Explorer
• Twitter
• Discord
• Reddit

Learn More About Kava

• Website

Kava Staking FAQ

How much can I make staking KAVA?

The return from staking KAVA varies based on the network's overall staking participation, real yield, and specific validator commission.

How do I receive my KAVA rewards?

KAVA rewards need to be claimed. Visit the Keplr dashboard to claim your staking rewards

When can I start earning rewards with KAVA?

You can start earning staking rewards once your tokens are successfully delegated to a validator

Can I sell KAVA while it is locked up?

Staked KAVA tokens cannot be sold, they need to be unstaked first. The unstaking period for KAVA is 21 days.

What are the risks around staking KAVA?

Staking KAVA comes with risks like slashing (penalty for the validator), price volatility, and liquidity risk (inability to sell during the lock-up period).

What consensus algorithm does Kava use?

Kava uses a decentralized Proof of Stake (PoS) consensus algorithm.

What are the tokenomics of KAVA?

Read all about KAVA tokenomics here