Monthly KAVA Staking Program
Starting from 2020/07/13 at 00:00 AM UTC, Orex will begin taking live snapshots of user KAVA balances.
KAVA Staking distribution will be calculated as follows:
KAVA generated by each user = Total KAVA staking rewards received by Orex * User KAVA holdings ratio.
User KAVA holdings ratio = Average user KAVA holdings / Average total KAVA staked by Orex.
Users must hold at least 1 KAVA in order to qualify for staking rewards.
The initial distribution of KAVA staking rewards will be calculated through to 2020/08/30, with the total amount distributed equal to the staking rewards accrued during the period.
KAVA rewards are calculated daily and distributed monthly. Distributions will be completed before the 20th of each month, with the first distribution completed before August 20th.