Kava is cross-chain DEFI platform for cryptoassets. The market cap is $100,630,662 and the 24h volume is $50,075,911.
Kava blockchain consensus is achieved via Tendermint. Investors can leverage their crypto via staking. Currently there are 2 options to earn passive income and staking rewards with your Kava investment as outlined below.
Run a Validator Node
- How to stake Kava?
For the average user the best way to stake KAVA is by delegating to one of the Validators of the Network. It is a one-click operation within the wallet.
- Which network metrics do the rewards depend on?
The individual Kava rewards depends on the Block Rewards, Block Time, Daily Network Rewards and Total Staked.
Even though the proposed inflation is 7%, the actual inflation will depend on the average Block Time and actual Block Reward.
Every block one validator is randomly selected to create a block, whereas 1 staked or delegated token counts as one “lottery ticket”. The selected validator has the right to create a new block and broadcast them to the network. The Validator then receives the block reward and the fees of all transactions successfully included in this block.
In our Staking Calculator you can play with the above mentioned metrics to understand the dynamics and create all kinds of reward scenarios.
- Is there a risk to stake Kava?
Yes even by delegating KAVA, the tokens are at risk of slashing.
If the Validator misses blocks or tries to corrupt the network, the delegator holdings might get slashed.
Therefore it is very crucial to choose a professional and trusted Staking Provider.