dForce Network will join KAVA

Published on: 12.06.2022

dForce joining set of DeFi protocols including lending and of blecoin USX on KAVA. dForce Network will join KAVA ecosystem will benefit from onboarding additional DeFi protocol and stablecoin.

Core development team at dForce believes that cross-chain interoperability is critical to tackling liquidation fragmentation across different blockchains.

dForce Bridge

The dForce Bridge will allow $DF and $USX to be bridged across Ethereum. In conclusion, dForce is evolving into a true multi-chain interoperable Web3 infrastructure, and the core development team at dForce will continue to monitor the industry for integrations to benefit our community.

Stablecoin USX

USX is the first stablecoin which is easily to be integrated with any lending protocol and vaults models, where it could support both pool-based multi-collateral as well as isolated-collateral vaults, making it extremely flexible and efficient to support collaterals of different risk profiles, i.e. major crypto as well as yield-bearing crypto and LP tokens.

dForce is evolving into a true multi-chain interoperable Web3 infrastructure, and the core development team at dForce will continue to monitor the industry for integrations to benefit our community.

About dForce

dForce advocates for building a complete set of DeFi protocols covering assets, lending, trading, serving as DeFi infrastructure in Web 3. dForce is currently deployed on Ethereum, Arbitrum, Optimism, and BSC with a TVL of $495m (Data Source: Defi Llama

Collaboration and introduce dForce customized bridges to facilitate cross-chain bridging of more assets in a decentralized manner, serving as general public infrastructure to power the growth of DeFi.

Implemented with PDLP (Protocol-Direct-Liquidity-Provision) and POO (Protocol-Owned-Operator), we are able to combat liquidity shortage effectively for protocols integrated with USX and EUX.

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About KAVA

Kava (kava.io) is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network.

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