Kava Network Validator

Kava is a DeFi platform enabling users to collateralize their assets using Kava’s multi-collateral CDP system. Kava launched on November 14th, 2019. To learn more, please see their introduction slides.

New blocks on Kava are proposed by validators. To enable Kava to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure.

Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.

By delegating KAVA, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to KAVA for some time, delegating will help you accumulate more KAVA while contributing to the health of the network.

You are not giving away ownership of KAVA by delegating. As a validator, stakefish will never have the ability to move your KAVA.

Kava penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.

We charge 4% from the block rewards received by our delegators. For example, if a delegator receives 100 KAVA as a reward, stakefish will receive 4 KAVA while the delegator will get 96 KAVA.

Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes approximately 3 weeks for your KAVA to undelegate and become transferable.