Kava Monetary Policy Improvement Proposal Voting Officially Opens

Cosmos-based DeFi platform Kava’s Monetary Policy Improvement Proposal Voting has been officially launched, which was initiated by Framework Ventures to promote USDX’s initial flow and user growth. The details of the proposal include: modify the inflation rate curve of KAVA tokens, the additional KAVA will be used for growth incentives; token holders in the agreement will be motivated according to the amount and time of USDX generation; KAVA will be locked for 52 weeks before circulation. According to the proposal, Kava’s reward inflation rate in the first year is about 15%, and the staking inflation rate is 4.75%. After that, it will gradually decrease, and in the fourth year, it will be 2.5% and 3%.