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Kava is about to launch its Kava 12 mainnet, bringing a groundbreaking new module x/kavamint to the Cosmos ecosystem.

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Building a clear and modular distribution mechanism.

Original Title: "Kava is about to launch Kava 12 mainnet, bringing innovative new module x/kavamint to the Cosmos ecosystem"

Source: Kava Labs Chinese Official

x/kavamint Introduction: A New Module Bringing Flexibility and Control to Cosmos DAO

With the release of Kava 12 mainnet, Kava is taking a big step forward in the Web3 field. The new version introduces a groundbreaking new module - x/kavamint, which gives any Cosmos chain DAO more control and flexibility over its issuance mechanism.

Each Cosmos chain has an issuance mechanism. Previously, there were often situations where it was unclear where the issuance tokens were flowing and how to use them for continuous automatic incentives. Now, these situations can be addressed in the new flexible structure of Kava DAO.

The following outlines how Kava adjusts Cosmos DAO technology to meet the needs of its ecosystem:

• Clear modular distribution mechanism: The issuance token from Kavamint will clearly flow to the Kava community pool and be held by the community pool. Kava DAO will have greater flexibility and control over the allocation of funds for portfolio management and growth plans.

• Kava DAO Community Pool can now hold asset portfolios: The community will now control an asset portfolio, not just KAVA, which can be rebalanced based on different trends and market conditions.

• Get a better understanding of Kava DAO community investment portfolio and fund flow: transparency is crucial for a thriving DAO. The Kava community will be able to see a value snapshot of the community pool investment portfolio.

• It can destroy assets based on usage parameters.

• Kava can limit the total supply based on Kava DAO governance: Unlike most Cosmos chains with unlimited inflation, Kava can have a predetermined maximum total supply, allowing it to eventually achieve deflation.

• The real KAVA staking annualized yield will be fixed and independent of supply, with the best parameters set instead of fluctuating based on the amount of locked tokens. This change will make staking rewards more predictable for the community.

Kava DAO aims to set the maximum amount of KAVA and create a community-run asset portfolio to ensure that Kava can withstand any market conditions and maintain growth for many years to come, while also enabling deflationary use of the ecosystem.

"For a top-tier crypto ecosystem, maintaining deflation is very important compared to the revenue generated from product demand based on it. It is also very difficult to accurately predict these revenues in order to reserve enough funds to grow and sustain revenue for expenses. Kava DAO's new architecture is a big step towards providing tools for all Cosmos projects to achieve these goals."

——Scott Stuart，Kava Labs CEO

Kava DAO asset portfolio allocation plan types examples include:

• Through Kava Rise, projects built on the ecosystem are rewarded programmatically.

• Rewarding infrastructure plans programmatically

• Provide community pool assets to any eligible protocol to promote growth.

• According to the market situation, the assets of the community pool are reallocated.

• Provides SAFE protection for qualified protocol users.

• Funding hackathons and other developer-centric conferences.

The community pool will also be able to supply funds to Kava Lend to help grow TVL. Soon, community pool funds will also be available to other protocols, including smart contracts on EVM chains.

The new x/kavamint module aims to make reward distribution more transparent, flexible, and predictable for all stakeholders, enabling validators and delegators to better leverage their rewards.

"After the successful upgrade of Kava 12 mainnet, the community pool no longer needs to be funded through abstract taxes on staking rewards and transaction fees. Instead, it is directly created by the new x/kavamint module, which has a new parameter controlling the community fund pool. This new system helps to develop the Kava Network and Kava Rise protocol, making it easier to add new features and support the community fund to do more for the Kava community. Kava DAO now has more control, flexibility, and predictability over reward distribution, and helps to develop the network to make Kava Network more attractive to all stakeholders."

——Robert Pirtle, Senior Software Engineer at Kava Labs

Forward with DAO at the Center

The launch of Kava 12 mainnet on January 18th will mark a new milestone for Kava. The new x/kavamint module is a powerful tool that will help develop the ecosystem and bring more value to the community.

The new x/kavamint module provides better flexibility and control over token issuance by introducing a DAO-centric approach, changing the game rules of the Cosmos ecosystem. An independent minting module designed for community pools makes staking rewards predictable, supporting 100% flow of fee pool to validators and delegators. This makes it possible to fund other protocols to increase TVL, giving Kava DAO more control, flexibility, and predictability over reward distribution.

Kava welcomes more new users to join our community to learn more about this groundbreaking new module and participate in building the future of decentralized governance.