The Kava 15 mainnet will be launched on December 7th, and the inflation rate of KAVA token will be permanently reduced to zero.
BlockBeats News, on November 23rd, Kava Network officially announced that Kava 15 mainnet will be launched on December 7th, which will implement a new feature: permanently reducing the KAVA inflation rate to zero at midnight on December 31st UTC.
At that time, the circulating KAVA supply will be set to the maximum KAVA supply limit, and no new KAVA coins can be created. KAVA tokens can only be destroyed. All KAVA inflation mechanisms will be reset or removed from the chain protocol, thereby strengthening Kava's commitment to a stable and predictable ecosystem.
After December 31st, the operation of the Kava chain will shift to a sustainable mode, driven by transaction fees, emissions from native projects, and temporary allocations from the Kava Foundation. This mode aims to maintain and generate net profits for KAVA through on-chain activities. The Kava community will have the right to decide whether to destroy this surplus or reinvest it to promote further adoption, enhance security, and promote decentralization within the network.