Kava Monthly Update March 2022

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šŸ“¢Ā Announcing Kava Rise developer incentives ā€”Kava is becoming #BUIDLerOwned!

šŸ“ˆ Pioneer Roundup + #KavaSquad Highlights

āš” Surge ā€” Kava Swap Edition (Boosted APYs for several IBC assets!)

šŸ„¾ Kava Pioneer Spotlight

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Kava Rise ā€“ $750M in Dev Incentives

Kavaā€™s on a mission to onboardĀ 100+ protocolsĀ by the end of 2022, driven by a single vision ā€” to make the Kava Network #BUIDLerOwned. Thatā€™s why Kavaā€™s set asideĀ $750MĀ in $KAVA for builders. Protocols are the key to sustainable growth for Layer-1 networks, and the #KavaRISE incentives program will show the world the explosive potential of putting builders first.

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Meet the Pioneers

Kavaā€™s Ethereum Co-Chain alpha is running smoothly, with over 25Ā PioneersĀ signing up to join the testnet. With a combined TVL aboveĀ $8.71 billionĀ andĀ 700K+Ā community members, the Pioneers bring a lot to the table.

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Pioneer Spotlight: Multichain

On Kava, builders equal value, and this monthā€™s Pioneer highlights prove it. Meet Multichain, the king of modularity thatā€™s carried overĀ $69 billionĀ in total crypto volume to date.

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Introducing Surge: Kava Swap Edition

The Kava Swap Surge giga-boosts reward APYs for IBC assets on Kava Swap. Read the article to learn about theĀ community-voted, enhanced yields for holders of $ATOM, $OSMO, $LUNA, $UST, and $AKT.

Ecosystem Updates

 

šŸ§µ Pioneer Highlight:Ā Multichain TLDR

šŸ§µĀ Kava Rise TLDRĀ + incentivesĀ distribution breakdown

šŸ§µā€œ#KavaNetwork is aiming to onboard 100 protocols by end of 2022. Read on to find out why we set it as a goal and how we’re going to do it.ā€ (continues) –Ā @Scott_Stuart_

āš’ļø New and improvedĀ Dev Docs!

šŸ’°Ā Earning with $USDXĀ ā€” Learn how to get unbeatable borrow rates with $USDX on Kava.

šŸ¤ $KAVA is availableĀ on the Uphold app.

šŸ·Ā Bitrue adds $KAVAĀ to the Power Piggy passive income app.

šŸ“Š Kavaā€™s Ethereum Co-Chain alphaĀ keeps growing: 156K+ transactions, 345K+ blocks, 11.6K wallet addresses!

Disclaimer

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and it should not be treated as such. This content is
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Readers should do their own research and consult a
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investment decisions.

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