PANews reported on November 23 that Kava Network officially announced that the Kava 15 mainnet will be launched on December 7 and will implement a new feature, that is, at midnight UTC on December 31 (expected to be the morning of January 1, 2024 Beijing time), KAVA inflation will be permanently reduced to zero. At that time, the circulating KAVA supply is set to the maximum KAVA supply, no new KAVA coins can be created, and KAVA tokens can only be burned. All KAVA inflation mechanisms are zeroed out or removed from the chain protocol, reinforcing Kava's commitment to a stable and predictable ecosystem.


After December 31, the operations of the Kava chain will be migrated to a sustainable model, driven by transaction fees, emissions from local projects, and temporary allocations from the Kava Foundation. The model aims to not only maintain but also generate a net surplus of KAVA through on-chain activity. The Kava community will have the power to decide whether to burn or reinvest this surplus to foster further adoption, enhance security, and promote decentralization within the network.
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