Vee.Finance Launching its Testnet on KAVA

Published on: 16.03.2022

Vee.Finance is launching its Testnet on KAVA. The launch represents a significant step forward in its roadmap.

Why Kava Network

While Ethereum has been thought of as the primary blockchain development platform, it still has major limitations. Kava Network is a lightning-fast Layer-1 blockchain combining the speed and interoperability of the Cosmos SDK with the flexibility and developer support of the Ethereum Virtual Machine (EVM).

Kava is evolving into a more open, scalable, and optimized Layer-1 blockchain for Web3 developers to build on. By optimizing for support of the two biggest decentralized ecosystems, Kava Network is preparing for huge growth in the multi-chain future.

This collaboration will help Vee.Finance in focusing on their vision of reducing barriers for users to participate in DeFi and optimizing the efficiency of global asset allocation.

Testnet Launch Details

☀️ Claim Testnet tokens — Visit Kava Faucet https://faucet.kava.io/ and paste wallet address to get Testnet tokens.

☀️ Get started — Go to https://vee.finance/dashboard and connect wallet, use our auto-switch feature to setup KAVA testnet network. Then check out https://docs.vee.finance/guides/user-manuals for details on how to get started.

About Vee.Finance

Vee.Finance is a DeFi lending platform for traditional financial and crypto users.  committed to bridging the gap between traditional finance and DeFi and providing users with better digital asset management services. Their mission is to reduce barriers for traditional users to participate in DeFi and optimize the efficiency of global asset allocation.

SOURCE

https://veefi.medium.com/vee-finance-launches-on-kava-testnet-4ea7e9b20095

Market Stats:
BTC Dominance: 56.22%(-1.34%/24h)
ETH Dominance: 12.45%(+0.40%/24h)
Defi Market Cap: $121.55B(+33.44%/24h)
Total Market Cap: $3342.06B(+1.78%/24h)
Total Trading Volume 24h: $171.54B(+27.32%/24h)
ETH Market Cap: $416.39B
Defi to ETH Ratio: 29.19%
Defi Dominance: 3.48%
Altcoin Market Cap: $1463.05B
Altcoin Volume 24h: $106.63B
Total Cryptocurrencies: 32960
Active Cryptocurrencies: 10476
Active Market Pairs: 95299
Active Exchanges: 771
Total Exchanges: 9803
BTC: 94833.25$(1.03%/1H)
ETH: 3451.78$(0.93%/1H)
AVAX: 39.34$(2.36%/1H)
BNB: 696.89$(0.93%/1H)
MATIC: 0.5$(0.69%/1H)
FTM: 1.04$(0.81%/1H)
ADA: 0.93$(0.19%/1H)
DOT: 7.4$(0.37%/1H)
UNI: 14.52$(1.66%/1H)
CAKE: 2.55$(1.2%/1H)
SUSHI: 1.55$(0.25%/1H)
ONE: 0.03$(4.58%/1H)