FAQ

A data lake can be thought of as a database of sorts designed to store, process & secure large amounts of data, whether it is structured, unstructured, or somewhere in between.

To avoid inherent risks from centralized sources or other middlemen, blockchains introduced “trustless” environments where the trust, in this case, is distributed across all participating members in the network, no longer relying on just one entity.

KYVE is made up of a network of validators that upload, validate & archive data, making valid data accessible to all. In this sense, it’s not up to just 1 intermediary but a whole network of actors to ensure the validity of the data before it's used, creating “trustless data”.

KYVE’s data lake is made up of individual pools, each dedicated to a specific set of data. For example, a certain blockchain’s historical data, or all events that took place on a certain smart contract.

Once a pool is created, protocol validators fetch the data requested, store it onto storage providers like Arweave, and validate it in a decentralized way, making it publicly accessible for all to use. Anyone can create a pool by going through KYVE’s governance.

One can either fund a pool, delegate their tokens to a validator, or stake their tokens. Funding a pool means you participate in providing funding to incentivize the validators within that pool. In this situation, you will not get rewards back, only the data that has been stored and validated. You can delegate their tokens to a validator, in this case, earning rewards. Or, run your own validator and stake your tokens. In this case, you put your tokens at risk of slashing if your validator misbehaves or great rewards if it behaves correctly.

$KYVE mainnet was launched on March 14th, 2023. This kickstarted the KYVE chain layer, TGE, and validator network. Official token listing and protocol layer launch is coming in due time.

Currently, $KYVE holders can delegate to earn rewards and or spin up their own chain validator. In due time, $KYVE will officially be listed and data pools will launch on the protocol layer, enabling anyone to participate on KYVE mainnet through delegation, validator running, and pool funding.

Delegating your $KYVE helps secure the network while giving you the possibility of earning token rewards. Watch this tutorial to learn how to delegate on KYVE. Delegation comes with risk. Please visit our docs to find out more.

A validator is a device that participates in a network by following the network protocol. Individual validators can perform a variety of roles, such as caching data, validating information, or forwarding messages to other validators.

Depending on the network, each validator can have a unique role or multiple validators can share a single role. This architectural design choice reflects a fundamental tradeoff between network redundancy (coverage in case one validator goes down) and efficiency.

To check if your validator is running, you need to go to your Terminal from which you launched your validator to verify that everything is running. On docs.kyve.network you can compare your logs with a correct running validator.

Yes, $AR tokens in your wallet are necessary to become an uploader. You can claim some from the official Arweave faucet here and or buy $AR on CEXs.

To get your $KYVE rewards, you need to connect the wallet used when running your validator to app.kyve.network. Once the wallet is connected, go to the pool page in which you are a validator and claim your rewards.