Kyve Network ( KYVE)

What Is Kyve Network?

$KYVE is an initiative to store any data stream, with built-in validation. By leveraging the Arweave blockchain, Kyve can permanently and immutably store this data.

Kyve Network Unique Features

Decentralised uploaders/validators

The network is powered by decentralised uploaders and validators. These nodes reside in pools, each pool focusing on archiving a specific data stream.

Community organized decisions

Nodes are incentivised by a unique staking system, which involves them locking their $KYVE tokens while being active in the pool. Validators will vote on whether the designated archiver is properly doing its job.

Discover our pools

Pools are funded by $KYVE tokens, and anyone can fund these storage initiatives by depositing tokens.

Roadmap

Q1 2022

PoC Governance

Improve network stability

Improve slashing mechanisms

Continued Integrations with L1s and L2s

Q2 2022

Incentivised Testnet

Continued Integrations with L1s and L2s

Q3/Q4 2022

TGE

DEX/CEX Listing

Mainnet Launch

Governance and Data Indexing Launch

Continued Integrations with L1s and L2s

…

Kyve NetworkToken Economy

KYVE’s native token, $KYVE, is an essential part of the blockchain. On a chain level, $KYVE is used for staking and delegating, securing the network through Proof of Stake. Furthermore, $KYVE is used on the protocol level for funding, staking, and delegating, incentivizing participants to behave accordingly.

Governance

With $KYVE, users can participate in the Governance of the blockchain, voting for which pools can be created, controlling the treasury and how the treasured $KYVE is used, bringing forward new proposals for improving the protocol, and more.

Funding

A storage pool requires funding in $KYVE and can be provided by anyone. The funding gets paid out to the protocol nodes active in the pool, and also is what allows users to access the data. If a pool runs out of funds, it stops. This is a crucial part of KYVE’s token economics.

Staking

A storage pool requires protocol nodes that upload and validate data. To ensure that nodes upload correct data and validate honestly, the protocol nodes have to stake $KYVE. Nodes are rewarded with $KYVE based on their staking amount.

Delegation

By delegating to a node, you help to secure the network. Delegation is a form of staking which does not require you to run your own node. Delegation in support of protocol nodes also allows users to generate rewards. At KYVE, you can delegate to both protocol and chain nodes, allowing you to have multiple ways of earning rewards for your tokens.

Detailed Token Metrics

TBA

Token Distribution

Team / Advisors i

165,000,000.00 $KYVE

Ecosystem 

378,500,000.00 $KYVE

Developer Adoption Program 

100,000,000.00 $KYVE

 DEX

11,500,000.00 $KYVE

 Funding

345,000,000.00 $KYVE

Token Release Schedule

TBA

Partners & Advisors

TBA

Team

Fabian Riewe: CEO// Co-Founder

John Letey: CTO/ Co-founder

Fezyla Mokrani-Zemour: COO

Troy Kessler: Leed Developer

Paul Bramas: Social mdeia manager

Julien Blouet: Lead Designer

Maximilian Breithecker: Blockchain Developer

Emanuel Ferm: Strategy

Oscar Belman: Community Manager

Andrzej Omietanski: General Counsel

Saniya More: Content Strategy

Margaux Stancil: Marketing Manager

Investors

Kyve Network received investment from Permanent Ventures, Hypersphere Ventures, Solana Ventures, 4SV, Volt Capital, Compute Ventures, Mechanism Capital, Distributed Global, Ternary Capital, Avalaunch, Coinbase, Zee prime Capital, CMS,