Stake Kava with Kiln, enterprise-grade staking

Kava

Ernest Oppetit, CPO
November 18, 2024

* Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.

What is Kava?

Kava is a layer-1 blockchain combining the speed and interoperability of Cosmos-based blockchains and a developer-friendly environment being EVM compatible.

More than 125 dApps already run on Kava, such as DeFi, reaching $625M of assets on Kava.

What is staking?

In a Proof-of-Stake blockchain such as Kava, staking consists of locking native tokens to earn the right to secure a chain, and earn a staking rewards while doing so.

With Kava staking, users lock KAVA to fund a validator, which helps secure the chain by proposing new blocks and attesting other validators’ blocks, earning a staking rewards in the process.

Why should you stake your assets?

Staking is one of the safest and most predictable ways to get rewarded in the crypto space as the value originates from the blockchain’s native currency inflation, which makes it forecastable. You help secure the network and earn rewards by staking your KAVA.

If you do not stake, your assets token share will be diluted among other people’s tokens that are being staked and accumulating new tokens into the network.

You can stake your KAVA, as well as other PoS cryptocurrencies, to:

  • Put your treasury to work
  • Diversify and earn
  • Bring new opportunities by enabling your users to earn staking rewards

You can stake your KAVA as well as other (d)PoS cryptocurrencies to:
  • 1
    Put your treasury to work
  • 2
    Diversify and earn, while contributing to blockchains decentralization
  • 3
    Bring new opportunities by enabling your users to earn staking rewards

What are the rewards associated with staking KAVA?

As an incentive for helping to safeguard the network, you can earn up to 16.69% GRR* from your delegation on Kiln’s Kava validator.

(source: https://protocolstaking.info/)

Why should you stake your KAVA with Kiln?

Kiln is the leading enterprise-grade staking platform enabling institutional customers to stake KAVA, and to white-label KAVA’s staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data and commission management.

We are serving thousands of businesses worldwide so that everyone can securely and seamlessly:

  • Stake KAVA in 1 click
  • Manage all their KAVA stakes and rewards from a single dashboard 
  • Keep custody of your assets, Kiln is non-custodial and work with existing custodians solutions e.g.Fireblocks
  • SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)

What are the rewards associated with staking KAVA?

As an incentive for helping to safeguard the network, you can earn up to 16.69% GRR* from your delegation on Kiln’s Kava validator.

(source: https://protocolstaking.info/)

Why should you stake your KAVA with Kiln?

Kiln is the leading enterprise-grade staking platform enabling institutional customers to stake KAVA, and to white-label KAVA’s staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data and commission management.

We are serving thousands of businesses worldwide so that everyone can securely and seamlessly:

  • Stake KAVA in 1 click
  • Manage all their KAVA stakes and rewards from a single dashboard 
  • Keep custody of your assets, Kiln is non-custodial and work with existing custodians solutions e.g.Fireblocks
  • SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)

Protocol Card

Token
KAVA
GRR
5-10%
Number of live validators
100
Consensus
DPoS
Ernest Oppetit, CPO
November 18, 2024

* Gross Reward Rate (GRR) may change over time and vary depending on the open source blockchain protocol code. In addition, fees might be deducted from the gross effective rewards earned.

Stake Kava FAQ

What does Proof-of Stake mean?

Proof-of-Stake (PoS) is a type of consensus mechanism used to validate cryptocurrency transactions. Through PoS, validators can contribute to the block production of a chain while keeping environmental concerns to a minimum, an increasingly large issue in Proof-of-Work.

By staking capital rather than energy, validators risk losing a portion of their value and future potential for staking by misbehaving while creating blocks. This incentivises collaboration and fair practices while validating information in a similar way that PoW has with incentives and punishments to curtail malicious activity while creating consensus.

What is the role of Kava validators?

Kava validators verify and add new transactions to the network through the blocks they produce, or attest other validators’ blocks. Validators get rewarded with KAVA tokens for securing the network and passing transactions.

How much can you earn by staking KAVA? When will I receive KAVA rewards?

KAVA staking GRR is currently 16.69% at the time of writing this article. KAVA APR may be subject to change in the future. Rewards can be claimed through the ‘Claim’ button in the Rewards tab of your dashboard.

Does Kava network have transaction and gas fees?

Yes Kava has both transactions and gas fees. For most transactions, fees are less than $0.0001 (paid with KAVA), even during high-traffic periods.

What are the risks associated with staking KAVA?

The risks associated with staking KAVA come from double signing and downtime. Double spending on the Kava protocol comes with a slashing penalty, as well as downtime. When delegating with Kiln these issues are taken care of from our end so you don’t have to worry.

Is there a minimum and maximum amount of KAVA to stake for Kava?

You can stake Kava’s KAVA token with as little as 1 KAVA.

What is the Kiln Kava delegation address?

Kiln’s Kava validator address is “kavavaloper1djqecw6nn5tydxq0shan7srv8j65clsf79myt8”, make sure to delegate your Kava to this address to stake with Kiln. Never send tokens to this address.

Do I maintain custody of my KAVA tokens? Is KAVA staking non-custodial?

When you delegate your KAVA token from your wallet (ideally a Ledger hardware wallet) to a validator such as Kiln to receive staking rewards, you keep full custody of your funds.

What is the lockup period to stake Kava? When can I unstake and withdraw my KAVA?

There is a 21 days period lockup on Kava. After unstaking KAVA, your tokens become transferable after 21 days.

What is the average block time on Kava?

The average block time on Kava is 6 sec, meaning a new block is produced every 6 seconds.

What is a Gross Reward Rate (GRR) and how is it different from a Net Reward Rate (NRR)?

In the context of Proof-of-Stake blockchains, the gross reward rate (GRR) refers to the total or gross amount of rewards earned from staking before deducting any fees or expenses. This is a reward rate that fluctuates with the operations of the protocol and the performance of validators, it is not set by Kiln. The net reward rate (NRR), on the other hand, takes into account the deductions or expenses, providing a measure of the actual rewards received after subtracting fees or costs.

Where can I learn more about Kava?

There are many existing resources but we invite you to visit Kava's website.