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Kava.io to Undergo Inflation Rate Update on January 1st

Inflation
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Kava.io will undergo the inflation rate update at midnight on January 1st, the inflation rate of Kava hit zero.

Refer to the official tweet by KAVA:

Kava
@KAVA_CHAIN

๐Ÿšจ Countdown Alert: Only 3 days until the #Kava 15 launch! ๐Ÿš€

Get ready for a game-changing update: KAVA inflation hits zero at midnight on January 1, 2024! ๐ŸŽ‰ pic.twitter.com/FCuE5OPG9z

Dis 04, 2023

KAVA Info

Kava.io is a decentralized finance (DeFi) platform that operates on the Cosmos network, leveraging the power and flexibility of blockchain technology to facilitate crypto-based financial services. KAVA, its native cryptocurrency, plays a vital role within the platform.

The KAVA token has multifaceted uses within its native ecosystem. It serves as a governance token, enabling holders to vote on various protocol decisions, helping to shape the future development and operations of the platform. Moreover, KAVA can be staked, contributing to the security and stability of the network, and in return, stakers receive rewards.