KAVA IS LITERAL SCAM!
KAVA TEAM IS DUMB AF
KAVA TOCENOMICS DUMB AF
KAVA INFALTION POLICY IS DUMB AF
KAVA MARKETING IS DUMB AF
KAVA ROADMAP IS POSTPONED AF

Just look at this, kava has worst price performance throughout whole cosmos ecosystem. That's hilariaous

VERY SOLID POINTS TOLD BY LAWRENCE IN TREAD BELLOW.
KAVA TEAM? HOW YOU WILL ANSWER?

No. The kava team has said they are waiting to make sure it works. Also have on their roadmap to develop their own ethereum bridge. I get being careful and conservative to a degree, but kava seems to be turtling up at a time that the speed of development in crypto is exploding.

Currently there isn’t a stable coin on osmosis. But terra will be IBC enabled very soon, so ust will be available on osmosis. Also gravity bridge and gravity dex are launching on cosmos hub. UST will be available there as well.

The cosmos ecosystem is establishing itself. And my concern is tha Kava is isolated…not participating.

The latest effort to keep usdx at the peg was to disincentivize moving it out of kava.

So it seems to me Kava is taking more risk by being conservative.

Thanks for replies and info. Definitely helps to get the perspective of the dev team.

Pretty sure IBC is being activated on Columbus 5 upgrade of Terra, which is imminent.

My main concern is liquidity for kava assets…very few ways to buy or sell hard, less for usdx.

Hard isn’t on any US exchange and can’t even get it to pancake swap. Not suggesting paying for listings. Am hoping for more availability on dex platforms.

Thanks

Lend/Hard markets are messed up…when withdrawing it acts like borrow in Hard and BNB won’t let me do anything

Dennis you are correct. The USDX token holds its peg now but there is virtually 0 liquidity for it. It’s useless outside of the Silo of the Kava Chain. Now we are able to earn Kava Swap tokens, which like Hard, are also restricted for a year.

Restricting tokens is bad business. At a time when liquidity, because of interoperability, is emerging in Cosmos, Kava is turtled up, restricting tokens, effectively locking USDX into a vacuum on the chain.

By way of comparison, Osmosis has been out for three months. It’s market cap is only slightly less than Kava, yet Osmosis only does one thing at this point. But osmosis doesn’t restrict rewards and utilizes IBC.

Terra is the same. No restrictions on rewards, IBC & wormhole eminent.

When brought this up to the Kava team, the response was they are trying to draw capital in, whereas Terra is trying to send capital out.

But the bus is leaving the station. The market is evolving quickly…Kava I’ll be left behind if they don’t change strategy.

On the day of the Kava Swap launch Kava is down 5%. Osmo is up 6%, Terra is up 4% making me ath.

I move big chunks of money on IBC every day. No trouble.

I’ve been invested here for quite some time. Because of restricted rewards, I’ll be invested for a lot longer.

Im imploring the team to change the road map. Adopt IBC asap. Figure out the usdx peg in an open market.

Consider unrestricting all the rewards granted already as well as future.

Let’s go!!

Really want the community to consider pushing the team to change priorities.

The USDX token holds its peg now but there is virtually 0 liquidity for it. It’s useless outside of the Silo of the Kava Chain. Now we are able to earn Kava Swap tokens, which like Hard, are also restricted for a year.

Restricting tokens is bad business. At a time when liquidity, because of interoperability, is emerging in Cosmos, Kava is turtled up, restricting tokens, effectively locking USDX into a vacuum on the chain.

By way of comparison, Osmosis has been out for three months. It’s market cap is only slightly less than Kava, yet Osmosis only does one thing at this point. But osmosis doesn’t restrict rewards and utilizes IBC.

Terra is the same. No restrictions on rewards, IBC & wormhole eminent.

When I brought this up to the Kava team a while back, the response was they are trying to draw capital in, whereas Terra is trying to send capital out.

But the bus is leaving the station. The market is evolving quickly…Kava I’ll be left behind if they don’t change strategy.

Adopt IBC and plan to use the gravity bridge…stop wasting time developing your interoperability solutions.

I move big chunks of money on IBC every day. No trouble.

I’ve been invested in Kava for quite some time. Last night, after realizing there is basically 0 use case for Kava Swap Tokens and the LP rewards are frozen for a year, I dumped all my liquid kava and hard. But because of restricted rewards, I’ll be invested here for a lot longer.

Im imploring the team to change the road map. Adopt IBC asap. Figure out the usdx peg in an open market.

Please understand that liquidity is necessary for capital to move in to kava ecosystem!!

Consider unrestricting all the rewards granted already as well as future.

Let’s go!!

Ya you don’t have to lock them for a year, but apy for 1 month option is a non starter…if those were the reward apy no one would do anything. Again, no lock on LP rewards for osmo and token is doing well and liquidity is growing.

Locking people into a silo is proving ineffective. The projects that don’t are doing way better.

Finally, UST is going to take over cosmos ecosystem without a fight. USDX is at this point irrelevant to crypto.

If USDX is irrelevant then so is Kava for the most part.

When IBC? You told me a while back that your strategy was to draw capital to the platform. The problem is capital requires liquidity.

Cosmos ecosystem is beginning to create lots of liquidity. Terra will enable IBC on 9/6 and tons of capital will flow through to osmosis, gravity dex, solana (via wormhole), sifchain, etc..

However, none will flow to kava and no kava assets will be availed of new markets, especially the vesting rewards doled out on the kava platform.

Hard rewards are useable as capital, same for Kavaswap. USDX has no market other than the siloed, controlled one on kava. I know it’s on an exchange or two but nothing trades after you guys switched incentives.

Kava is missing the market.

Please consider activating IBC a lot sooner…let’s get in the game

Also consider vesting all the rewards granted now. Other platforms don’t freeze rewards and the tokens do fine…osmo, mirror, anchor, mine, Rowan.

Crickets from Kava Labs when these issues are presented to them. It’s hard to catch up…especially when you are blowing your incentives out the door now, instead of when you finally decide to compete

Burning tokens won’t do much…USDX is one problem. In the wild it won’t hold its peg. They are protecting it by paying rewards for depositing minted USDX in Hard pools, so it all goes there. No liquidity for, no useage outside of Hard.

Second issue is liquidity of rewards. Freezing them for a year is a turn off. Subsequently there is no market for Hard or Swap. Juxtaposed against the Terra ecosystem or Osmo (which recently flipped Kava despite only being three months old) where there are no restrictions on ecosystem tokens, airdrops or rewards.

Third issue is no assets can flow into Kava because there is very little in the way of connectivity and Binance is the main source…scary for big money. Further, kava team insists on not adopting IBC yet and has there own ethereum bridge development on the road map.

By the time they connect to cosmos and ethereum they will be way behind…and no serious money is coming to a platform with no liquidity.

Rather than a burn, how about freeing up rewards, implementing IBC, working on USDX peg?

USDX is labeled a stable coin…falling 30%, or even 10%, is a mess. Terra UST has had some problems but they didn’t shrink back. They dealt with it and now, in this last dump UST held its peg better than any other stable.

Kava Labs is entrenched in there own antiquated thinking…which is rough because crypto is moving so fast that what you thought 2 years ago is old now.

Pivot!!! Compete!!! Get in the bloody game.

My purpose is to wake up the community…if there really is one theat gives a shiiiite about the project’s viability and not just a bloody pump.

Get interoperable and adopt the Cosmos tech…quit wasting time and money recreating the wheel.

@brianhkerr

Lets go man

While projects on cosmos booming, kava is worst performing defi!

Kava, holders, rise your heads! ASK QUESTIONS TO TEAM! WHY KAVA IS SO FUCKED UP!? WHEN SOLID UPDATES? WHEN SOLID MARKETING?

That's fine