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

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 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.