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Kava Labs CEO: Kava11 will be launched on September 8



Time:8/2/2022 2:53:06 AM

On August 2nd, Kava Labs co-founder and CEO Scott Stuart tweeted that Kava11 will be launched on September 8th. A converted liquid staking protocol, Liquid (bKAVA), will also be launched. In addition, Scott Stuart also said that unlike other liquid pledge forms that can only support the conversion of a small part of liquid pledge assets, Liquid bKAVA can handle 100% conversion of pledged KAVA to Liquid bKAVA.

Other news:

KAVA increased by more than 30% within 24 hours and increased by more than 170% within the month: According to the Binance market, the price of KAVA has changed frequently recently, with an increase of more than 30% within 24 hours, and an increase of more than 170% within the month. The current price is 3.3716 USDT. It is reported that Kava launched the CDP automatic lending system on June 10, and has supported BNB mortgage lending. The current mortgage amount has reached 13.5 million US dollars. Kava is a multi-asset DeFi platform that provides mortgage lending and other financial services for users of BNB, BTC, XRP, ATOM and other major cryptocurrency assets. [2020/7/20]

Kava announces long-term cooperation with Chainlink: According to official news, Cosmos cross-chain DeFi platform Kava announced today that it has established a long-term cooperative relationship with the decentralized oracle (Oracle) network Chainlink. Chainlink becomes Kava's official/default decentralized oracle. Kava will build a cross-chain bridge mechanism to help Chainlink provide oracle solutions for Cosmos. [2020/3/26]

News | Kava Labs' new PoS blockchain plans to introduce XRP and other assets into Cosmos and provide DeFi services: According to AMBCrypto news on June 22, Kava Labs announced the launch of a new PoS blockchain, the Kava blockchain, The goal is to develop a network that brings DeFi support to assets that would otherwise not have access to it. The first asset to support this new blockchain will be XRP, which will access all DeFi services; other assets such as BTC, ETH, and others will eventually be supported. The Kava blockchain will launch on August 31, 2019. [2019/6/22]

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