Curve Finance Launches on Kava

Published on: 21.10.2022
Curve Finance Launches on Kava

The Kava blockchain adds DeFi protocol with the highest APY pools powered by the Kava Rise incentives program. Today DeFi powerhouse Curve Finance launches on Kava boasting the highest APY pools ever seen starting next week. Curve and Kava’s landmark partnership is made possible by Kava Rise, the world’s first programmatic rewards program set to drive unseen growth to the Kava blockchain.

Curve pools on Kava will have the highest APYs out of all Curve pools on any other Layer 1 blockchain. Users can earn up to 115% in KAVA rewards on their USDC, USDT, & DAI with Curve on the KavaNetwork.

The Curve deployment on the Kava Network EVM Co-Chain and likely earn a substantial portion of the rewards from the $750M Kava Rise incentive program, which may produce a significant windfall for Curve and Kava users. Curve’s highly efficient pools will also serve as a baseline infrastructure for the many protocols and bridges onboarding to Kava weekly. Exciting new use cases on Kava will be power by the deep liquidity of Curve on Kava, ensure by the Kava Rise protocols.

Users on can trade stablecoins and different versions of tokenized assets via a formula that reduces slippage when trading variable stablecoins.

¹APY up to the this amount is scheduled to go live on 9/20.

About Curve

Curve Finance DeFi’s leading automated market maker (AMM). Stableswap formula sets the industry standard. Curve enables the high-liquidity, low-fee, low-slippage swaps between stablecoins.

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About Kava

Kava a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum. With speed and interoperability of Cosmos in a single, scalable network.

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