Kava Network July Newsletter

Published on: 06.08.2022
Kava Network July Newsletter

Kava Network July Newsletter: Kava becomes compatible with Coinbase Rosetta, CosmosEVM reached the 20-protocol milestone, Kava welcomes 15+ partners to the KavaRise program.

Kava 11 Reimagines Liquid Staking

It introduces bKAVA, the first fully-convertible staking derivative. In an industry-first, users can freely stake and unstake while unlocking all staked KAVA for use in top Kava protocols. This invention by Kava will lead to an explosion in TVL growth and total protocols!

The upcoming Kava 11 release on September 8 will introduce bKAVA, the first fully-convertible staking derivative. In an industry-first, users can freely stake and unstake while unlocking all staked KAVA for use in other protocols such as the new Kava Earn yield optimizer. Brace yourself for an explosion in TVL and protocols on the Kava Network!

Kava Integrates with Coinbase Rosetta

Coinbase’s Rosetta API now supports the Kava Network EVM, helping Kava to integrate with novel blockchain infrastructure.

Kava Reaches a New Milestone!

The Kava Network has reached a milestone of 20 protocols deployed to the #CosmosEVM. The ecosystem now contains DEXs, Yield Aggregators, Lending & Borrowing, Bridges, Algo-Stables, DeFi Infrastructure, Insurance, and NFT projects

Kava Welcomes 15+ Partners to the #KavaRise Program!

More than 15 protocols have joined the Kava Rise incentives program, including prominent DeFi projects like @SushiSwap, @PolyNetwork2, @dForcenet, and @MoonfarmFinance!

Kava Network July Newsletter, Ecosystem Updates

🎙️ Altcoin Buzz hosted an AMA on Telegram with Cameron Reuss, the Community Lead at Kava Labs.

🍥 “As part of this partnership, @Kava_platform and Sushi are committing up to $14M in $SUSHI and $KAVA rewards to jumpstart the next wave of #Web3 talent and opportunities.” — @SushiSwap

📊 The Kava Network propels to the top Cosmos protocol by TVL, with $317M+ TVL, 5.2M+ transactions, and 1.8M+ wallet addresses.

⚡ The Kava EVM is stronger than ever, with over 263K wrapped KAVA.

❗ Did you know you could be making +25% APY with BUSD on Kava Earn?

🎉 The #BUIDLMarket Micro-Giveaway concluded. Ten lucky winners got 50 KAVA each!

🗳️ Prop #90 to issue payouts to winners of the Kava 10 Launch $250K Giveaway passed. If you haven’t already, please check to see if you’ve won.

About Kava

Kava Labs is a developer of the Kava blockchain, the first cross-blockchain DeFi platform.

RESOURCES

https://blog.angle.money/angle-integrates-with-layerzero-to-facilitate-cross-chain-bridging-of-ageur-475b68ca03f6

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