Kava Introduced Kava Swap

Published on: 12.05.2021

Kava Labs CEO Brian Kerr announces the proposal of KavaSwap on how it will serve as the liquidity hub connecting BSC and Ethereum. Kava Swap is a cross-chain liquidity hub for all DeFi apps and financial services.

 

There are three major activities on how Kava Swap works:

  1. Swap — You can seamlessly trade or swap between assets with guaranteed liquidity.
  2. Supply Liquidity — You can turn your digital assets into productive assets by supplying them as capital to the liquidity pools used by the autonomous market maker when swapping between assets.
  3. Earn — Liquidity providers earn fees from traders and Kava Swap Tokens, the governance token of the Kava Swap application.

 

What is Kava Swap?

Kava Swap is a cross-chain liquidity hub for all DeFi apps and financial services. Its purpose is to enable the aggregation of capital where it can then be deployed seamlessly across different blockchain ecosystems, DeFi Apps, and Financial Services.

 

About Kava:

Kava is the most trusted DeFi platform by financial institutions.

Securely access a robust suite of DeFi products and services in one safe and seamless integration.

 

INFO

https://medium.com/kava-labs/introducing-kava-swap-the-cross-chain-liquidity-hub-for-defi-apps-and-financial-services-706668ffaefe

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