Question 1

What is KLV?

Accepted Answer

KLV is the native asset of Klever Blockchain: accounts can hold KLV, KFI, and other on-chain tokens, while network operations such as transfers, asset creation, contracts, and application interactions use KLV to pay fees. It therefore serves as the asset for using the network, participating in staking, and receiving related network incentives. KLV is not the same as KFI. KFI is Klever Blockchain's governance asset, used to vote on matters such as network parameters, updates, and protocol changes; KLV is the native asset actually consumed or used while the network operates.

Question 2

Why do on-chain operations require KLV, and how are fees formed?

Accepted Answer

On-chain operations require KLV because the network charges for transaction data, processing certain operations, and maintaining validator incentives. The final cost to a user is not a single fixed amount: bandwidth fees vary with transaction size and type, and there are also transaction fees set by operation type. In the initial examples listed in the documentation, a transfer costs 1 KLV and asset creation costs 20,000 KLV; the base bandwidth fee is 2 KLV plus 0.008 KLV per data byte. These are initial parameters rather than permanent quotes: KFI holders can adjust fees through on-chain governance, so current network parameters should be checked before an operation.

Question 3

What is the role of staking or delegating KLV?

Accepted Answer

The role of staking or delegating KLV is to connect economic interests with the nodes that validate the network. Nodes use self-staked KLV as collateral to qualify as Masternodes; ordinary holders can delegate KLV to validators, supporting the delegated proof-of-stake network without operating a node themselves. The network evaluates and rewards nodes based on their contribution, and validators receive a share of fees associated with validating transactions and producing blocks; returns from delegation and commissions charged by nodes depend on the staking and node rules in effect. Staking does not guarantee returns, and parameters may be adjusted through network governance.

Question 4

What is the difference between KLV and KFI?

Accepted Answer

The key difference between KLV and KFI is their network function. KLV is the native asset for paying network fees, participating in KLV staking, and supporting application interactions; KFI is the governance asset, whose holders can vote on proposals concerning network parameters, applications, updates, and protocol changes. Therefore, holding KLV does not by itself grant KFI governance voting rights; conversely, KFI is not a general-purpose fuel that replaces KLV for paying all network-operation fees. The two assets work together on the same chain, but have different rights and uses.

Question 5

How do KLV supply and its burning mechanism work?

Accepted Answer

KLV has a maximum supply of 10 billion tokens; according to the official statement, this cap is written into audited chain code, and minting stops once the cap is reached. Maximum supply describes the ceiling on tokens that can be created, not the quantity freely tradable on the market at a given time. Supply changes must also distinguish creation from burning: network activity generates block fees, and base nodes burn all KLV block fees they generate; meanwhile, minting may still occur before the cap is reached. Total supply and circulating supply can therefore be affected jointly by minting, burning, staking, or other holding states, and actual circulation cannot be inferred from maximum supply alone.

Question 6

How do validator nodes participate in block production, and what do the KLV thresholds mean?

Accepted Answer

Klever uses a validation arrangement combining PoS and PBFT. Each epoch lasts 6 hours, beginning with the random selection of 21 validators from the Masternodes; a block proposer is then selected from that group for each block. After the proposer orders and packages transactions, the block must receive signatures from at least two-thirds of the current producer group to be accepted. A node must stake KLV to become an active Masternode. The documentation states that only nodes with self-stake of at least 15 million KLV can serve as active producer nodes and receive block and transaction fees; Masternodes with self-stake between 1.5 million and 10 million KLV participate only in the staking pool, while those below 1.5 million KLV remain inactive. These seat and timing parameters can be changed through network proposals.

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