Greetings from K STADIUM!
Currently, there has been a decline in the value of the entire crypto market, including KOK.
K STADIUM Team is also keenly aware of the difficulties of SO operation.
Therefore, to overcome the Crypto Winter and create a better blockchain world, we have reviewed the following contents with the K STADIUM Foundation and intend to proceed.
First,
We are preparing a ‘node operation cost support’ promotion for SO who are operating nodes. As mentioned above, there has been a decline in the value of KOK. In addition, the amounts of rewards distributed and paid to investors within the inflation limit have declined significantly compared to the initial period due to the rapidly growing community pool.
For this reason, the node operation revenue of many SO, excluding some nodes, is also significantly lower. Therefore, the K STADIUM Team is planning to give a discount on node operation costs to those who operate the node.
We will inform SO leaders through e-mail for more details about the promotion.
We will continue finding ways to find reasonable node costs and optimal operation methods so that Operators, SO, and SOM can coexist.
Second,
Voting will be held on the policy change agenda, ‘Adjustment of Inflation Ratio and Reward Distribution.’ This voting is carried out to distribute many rewards to investors (SO and SOM) by adjusting the block reward rate to the maximum of 80% for six months and changing the inflation rate (2%->6%).
As the K STADIUM community pool grows, the number of rewards distributed and the individual investors’ stakes have decreased.
In addition, KOK currently maintains a low inflation rate compared to other coins, and more realistic measures are expected to be needed. Nevertheless, the increase in the inflation rate will serve as a source of greater rewards for investors going through difficult times.
A detailed discussion of policy changes will take place this week through the forum.
K STADIUM is an organization that pursues the perfect DAO, so all decisions are made by the votes of the SOM. Now is the time for another active discussion by SOM about adjusting or maintaining the inflation issuance rate and distribution adjustment agenda, as the current cryptocurrency market situation is terrible. We will inform you about the details related to the plan through a notice in the forum.
We will do our best to meet your expectations.
K STADIUM Team