Big news today! A landmark governance proposal has just passed, fundamentally evolving KYVE’s tokenomics and expanding our decentralized storage reach.
💰 Major Economic Shift:
$KYVE is now Deflationary To align with long-term value for holders and validators, we have successfully implemented:
- Zero Inflation: New $KYVE minting has been set to 0%.
- 100% Fee Burn: The network now burns every single transaction fee.
- Adjusted Gas Fees: Minimum gas prices are now optimized (~$0.05/tx) to maximize burn impact as network activity scales.
- Zero Slashing: We’ve removed slashing penalties to ensure a more predictable risk-reward profile for our community.
🌐 KYVE × Filecoin: Multi-Storage Future We are officially a Filecoin Onchain Cloud launch partner! KYVE is no longer tied to a single storage layer.
- Optimized Costs: Projects can now choose between Arweave (Permanent) and Filecoin (High-scale, ultra-low cost bringing a 99,4% cost reduction compare to Arweave bringing more profitability to KYVE validators and decreasing the sell pressure on $KYVE)
- Real-World Usage: We are already storing Celestia and Story Protocol data on Filecoin, proving our capacity for petabyte-scale archival.
- Sovereignty: This removes vendor lock-in, ensuring data is truly owned by the protocols.
