Latest Kava updates on February 22ndKAVA_CHAIN is a cryptocurrency project aiming to increase decentralization and security within the blockchain. On February 21st, they announced various updates including the submission of Kava Prop 125 to incentivize Kava validators to migrate their cloud infrastructure, the launch of the Kava Strategic Vault and the offering of double APY on Earn. Furthermore, they are also running a $25,000 Coinbase On-chain Sweepstakes with an additional $1K prize up for grabs. In addition, KAVA_CHAIN has been partnering with various other projects to advance their decentralized infrastructure, such as AKASH Network and Symbiosis. Lastly, they launched the Kava 12 Mainnet on February 16th, providing the Cosmos ecosystem with powerful new, open-source DAO tooling.
What is Kava ?Kava is an exciting new project that is leading the world into the age of Web3. It combines the speed and interoperability of Cosmos with the power of Ethereum developers to create a powerful and secure blockchain platform. With Kava, users can take advantage of single block finality and scalability, allowing them to build and deploy powerful decentralized applications and protocols.
Kava is also actively working to incentivize developers to build on its platform. Through its Kava Rise program, developers can apply for up to $750 million in funding for their projects. Additionally, Kava has recently launched Kava 12, which brings even more features and capabilities to the platform.
One of the most exciting aspects of Kava is the ability to bridge assets from different chains. This means that users can move assets from one chain to another without any conversion or capital gains taxes. This is a huge benefit for investors who can now have access to a much larger pool of assets.
Kava is also actively working to promote its platform and build a strong community. Through its Twitter, Discord, Telegram, and Reddit channels, users can keep up to date on the latest news and events. Kava also has a dedicated newsletter and Medium page which provide more in-depth information on the project and its development.
Overall, Kava is a project that is leading the world to Web3. With its powerful blockchain platform, asset bridging capabilities, and strong community of developers, Kava is paving the way for a new era of development and innovation.
This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.
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What is the price & marketcap of Kava?
Kava is a cryptocurrency with a price of $ 0.853997 and marketcap of $ 390,051,017. Kava’s market price has decreased -1.35% in the last 24 hours. It ranks 108 amongst all cryptocurrencies with daily volume of $ 19,068,528.
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