Kava is the fastest-growing blockchain for protocols. Growth is at the core of Kava. Three main layers safeguard growth:
Security and growth work together. The breakdown looks like this:
Kava Foundation governs the growth and three security layers of the Kava ecosystem. These layers can be modified, added to, or removed by Kava governance at any point.
Proposals for all layers are passed by a full Kava governance vote, which ensures an open and decentralized governance process. This arrangement is unlike other blockchain Foundations that pass proposals opaquely with foundation board members.
Kava Rise is a $750M on-chain programmatic developer growth engine that continues to onboard the most innovative developers across the DeFi, GameFi, and NFT verticals.
Kava Rise protocols are rewarded based on the amount of growth they contribute to the blockchain. The growth parameters can be adjusted by Kava governance based on evolving market conditions.
The Infrastructure and Security layers are responsible for the extremely difficult task of making the Kava blockchain performant and secure. Ethereum is not performant.
The cost of a debilitating hack is infinite. It’s everything. Kava invests heavily in the Infrastructure and Security layer to safeguard growth.
The Kava Blockchain is a decentralized network currently powered by Tendermint BFT consensus. Kava validators are the backbone of security for the Kava blockchain. They secure the blockchain at a PoS layer by running full nodes and participating in consensus. Validators and their delegators also participate in voting, which is essential to security in all layers.
The Kava Foundation Reserve exists to help secure the Kava ecosystem from financial shocks. Crypto as an industry is a highly volatile technology subject to numerous attack vectors, which may result in negative financial outcomes. The goal of the Reserve is to help mitigate risks, subject entirely to Kava governance votes.
In the future, subject to Kava governance, part of the Foundation Reserve may be wrapped in a non-profit organization. This organization would be able to more readily execute the will of Kava governance on off-chain items like the conversion of Reserve assets into a basket that is neutral or negatively correlated with the market. This basket of assets may include assets like stablecoins, BTC, and other instruments as Kava governance deems prudent.
The Kava Foundation is a formalization of the Kava governance and community processes that have been taking place for nearly three years. The goal is to safeguard the growth of the Kava blockchain in the layers of PoS Security, Infrastructure Security, and Financial Reserve Security which work in conjunction with the Kava Rise growth engineer to make Kava the fastest growing blockchain for protocols.
As always, Kava Governance may modify this and any future initiative to continue evolving and keeping the core tenants of growth and safeguarding growth.