Kanva, Live on Mainnet
From an abstract idea to bridge arts and DeFi to now a fully realize platform, Kanva has come a long way, and our journey just began.
After another set of critical tests conducted to ensure no bugs and issues on the platform, Kanva successfully launched the Main Token Farming Platform for the holders to immediately farm their KNV right after the token listing and distribution. However, we have found a minor issue with the PLTE generation count that could affect the NFT platform.
There is nothing to worry about; the main dev will fix it immediately, and we will post the announcement for the NFT platform as soon as possible.
Our work doesn’t stop at launch. We’re now focused on the development and helping our community and partners. We’re striving to make each experience with Kanva better. The goal of Kanva is to create a community where partners and supporters are valued and safe. Together we will empower the value of arts thru NFT and DeFi.
URGENT ANNOUNCEMENT
The Kanva Development Team Encounter an error while deploying on the Mainnet which we didn’t anticipate, but there’s NOTHING TO WORRY ABOUT as we are on top of the situation and start fixing it already.
This is what our Development team said:
“No, it’s a logic problem, seems there was a critical mistake during manual deployment.”
“The problem is that logic of Staking contracts are not initet.Im trying to find a solution to unlock tokens and re-deploy staking contracts with correct logic”
“Unfortunately, there is no exit way to unlock tokens, the contract developed to be decentralized, so nobody can call a similar method. I would suggest starting from scratch with the fixed order.”
We are announcing as part of our commitment that Kanva will be transparent to all its supporters. We want the community to be updated not just on the advances that we are doing but also on the small setbacks we are dealing with. We will not allow that to happen again, as the Kanva team is competitive and always find solutions. We are supposed to launch in the Main Net now, and we working to make that happened immediately.
Solution:
· New token details are Kanva 2 Token, KNV2, decimal = 8, total supply 12,960 KNV
· Users should be able to stake KNV/ETH USDC/ETH USDT/ETH DAI/ETH liquidity pool tokens.
· Users will receive KNV2 tokens
· Allocation should be the same
· The limit for PLTE is 0.00001 and 0.00005
KNV2 will be a utility token that will allow holders to submit votes on our governance platform. This means that KNV Liquidity Farming will still Launch today!
Here’s one big question,
What will happen to the remaining KNV reserved for the ecosystem fund (27%: 12,960KNV) for KNV Farming Pools?
Answer:
All reserved funds for the ecosystem will be BURNED. We have already burnt 1400KNV from the Unsold Tokens, plus 12,960KNV. Total Burned Tokens: 14,360KNV. (Exact Burning of 12,960KNV will be announced soon!)
KNV allocation for the Vesting Contract, which includes
FUTURE DEVELOPMENT
PARTNERSHIP
TEAM
Will remain as it is, locked for three months. Expect the Launch of the Farming platform on this day.
As we continue to develop and progress it is inevitable that we face unaccounted challenges but as mentioned Kanva team is competitive and decisive to find solutions to the problem right away.
To stay updated about Kanva, visit our website and join us on Twitter, Telegram, Discord, and Facebook.
🔗Website: https://www.kanva.org/
📣Announcements: https://t.me/KanvaOfficialAnnouncements
🌎Community: https://t.me/KanvaOfficial
📢 Twitter: https://twitter.com/KanvaOfficial
📢 Facebook: https://www.facebook.com/Kanva-Official-104203498125611/
📢 Medium: https://kanvadefi.medium.com/
📢Discord: KanvaOfficial#6194
Official Kanva Telegram Bot: @faqhub_kanva_bot
