15:18 uur 31-08-2021

Kava Labs introduceert Kava Swap

Breidt portfolio van institutionele crypto-native financiële producten uit

SAN FRANCISCO–(BUSINESS WIRE)– Kava Labs™, een open source en non-custodial ontwikkelaar van financiële producten en diensten voor gedecentraliseerde financiën (DeFi), kondigde de succesvolle lancering aan van zijn nieuwste platformproject, Kava Swap™.

Kava Swap is een cross-chain Autonomous Market Making (AMM)-protocol dat is ontworpen om een efficiënte en veilige manier te bieden om native te wisselen tussen ‘s werelds grootste activa. Het nieuwe protocol is gebouwd op het Kava Platform™ en wordt ondersteund door lage tarieven, hoge efficiëntie en de mogelijkheid om sterke rendementen te genereren voor liquiditeitsverschaffers. Kava Swap geeft zowel particuliere als institutionele gebruikers toegang tot de meer dan $ 1 miljard aan on-chain liquiditeit op het Kava-ecosysteem om activa efficiënt te verhandelen, verdienmogelijkheden uit te breiden en opbrengsten te maximaliseren. Het nieuwe product maakt deel uit van de Kava Mainnet 8-upgrade en heeft met succes een volledige beveiligingsaudit met CertiK doorlopen.

Kava Labs Introduces Kava Swap

Expands Portfolio of Institutional-Grade Crypto Native Financial Products

SAN FRANCISCO–(BUSINESS WIRE)– Kava Labs™, an open source and non-custodial developer of financial products and services for decentralized finance (DeFi), announced the successful launch of its newest platform project, Kava Swap™.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210831005132/en/

Kava Swap is a cross-chain Autonomous Market Making (AMM) protocol designed to provide an efficient and safe way to swap natively between the world’s largest assets. The new protocol is built on the Kava Platform™ and is backed by low fees, high efficiency, and the ability to generate strong returns for liquidity providers. Kava Swap gives both retail and institutional users access to the over $1 billion of on-chain liquidity on the Kava ecosystem to efficiently trade assets, extend earning opportunities and maximize yields. The new product comes as part of the Kava Mainnet 8 upgrade and has successfully completed a full security audit with CertiK.

“From our inception four years ago, Kava Labs’ mission has been to build a portfolio of decentralized products and services that allow users to gain access to all of the benefits of DeFi, but without the risks present in the current marketplace,” said Scott Stuart, Co-Founder and Head of Products at Kava Labs. “As we expand our ecosystem, Kava continues to deliver on the promise of constructing an open and scalable institutional-grade platform that provides the same level of efficiency, security and ease of use as main street financial products.”

Kava Swap is the third protocol built on the Kava Platform and is an open and permissionless application accessible by anyone, anytime, anywhere in the world. It joins Kava Mint™, which allows users to take out USDX stablecoin loans using their assets as collateral, and Kava Lend™, which allows users to earn rewards by supplying and borrowing assets from money markets. All three protocols come complete with interoperable cross-chain tooling, secure price feeds and institutional-grade safety and reliability. In addition, the Platform’s upgrade to Kava Mainnet 8 will strengthen token holder participation and governance across all applications on the Kava Platform by activating voting on the HARD™ and SWP™ tokens. This gives token investors direct access to governance over the Kava Platform and the Mint Protocol through the KAVA™ token, the Kava Lend Protocol through the HARD token and the Kava Swap Protocol with the SWP token.

“Kava has been focused on developing the safest way for users to grow their cryptocurrency portfolios,” continued Stuart. “We believe that accessing the wealth creating opportunities inside of DeFi does not need to mean increased exposure to risks. Our guiding product principle is to develop an institutional-grade DeFi ecosystem that unlocks the massive growth opportunities available in the crypto marketplace in a de-risked model that helps to evolve our marketplace into the mainstream.”

For more information please visit https://www.kava.io
To Access Kava Swap, please visit: https://app.kava.io
Follow on Twitter: https://twitter.com/kava_labs
Follow on Telegram: https://http://t.me/kavalabs


Martin Allen Frosage



Check out our twitter: @NewsNovumpr