Kava 15 mainnet will be launched on December 7, KAVA token inflation rate will be permanently reduced to zero

Kava Network officially announced that the Kava 15 mainnet will be launched on December 7 and plans to implement a new feature, which is to permanently reduce the KAVA inflation rate to zero at midnight UTC time on December 31. At that time, the circulating KAVA supply is set to the maximum KAVA supply, new KAVA coins cannot be created, and KAVA tokens can only be destroyed. All KAVA inflation mechanisms are zeroed out or removed from the chain protocol, reinforcing Kava’s commitment to a stable and predictable ecosystem. After December 31, the operations of the Kava chain will shift to a sustainable model, driven by transaction fees, emissions from native projects, and temporary allocations from the Kava Foundation. This model aims to maintain and generate KAVA’s net surplus through on-chain activities. The Kava community will have the power to decide whether to destroy this surplus or reinvest it to promote further adoption, enhance security, and promote decentralization within the network.