Latest Kava updates on March 28th

Kava Chain has had an active few days with a number of updates and announcements. On March 28th, they announced a partnership with DEXI protocol, a decentralized exchange protocol. On March 27th, Kava Chain held a Trade and Learn Event, as well as a liquidity provisioning campaign in partnership with MultichainOrg. On March 25th, Kava Chain announced that people could supply USDC to Kava Lend and take advantage of the axlUSDC Surge. On March 24th, Kava Chain released a detailed document about their protocol design and mechanics and announced that they were likely to attract a surge of developers in 2023. Additionally, they announced a two-token system to balance their utility and governance. Finally, on March 23rd, they announced that $1,000,000 in AKT will be distributed to the Kava Strategic Vault and that Bitcoin could now be traded on the Kava platform for a 73.1% APY.

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.