Kaia pays 36,421 KAIA and sets 2,463,579 KAIA for burning

  • Kaia will burn 2,463,579 KAIA from CR Mission 1 Epoch 1's reward budget.
  • 36,421 KAIA was distributed to 708 participating wallets after claims began September 7.
  • Epoch 2 is underway, while the three-epoch burn starts in November.

Kaia has released results for CR Mission 1 Epoch 1, a contributor incentive system that replaced Proposal Rewards, or PR, which previously accounted for 10% of block rewards. Of the 2.5 million KAIA allocated to the reward budget, 36,421 KAIA was distributed to 708 participating wallets, leaving 2,463,579 KAIA, or 98.5%, scheduled for burning and exclusion from circulating supply. Claims began on Sept. 7, and the distributed tokens will unlock linearly over six months. CR rewards are based on actual contributions, with monthly budgets allocated to participants who stake KAIA and deposit USDT through the same wallet. The first burn, including Epoch 1's unused allocation, is scheduled for November, while Epoch 2 is underway under the same terms and existing participants can continue without additional action.

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