Kava Defi News Today

The Cosmos network has notched up 1 million transfers over the past month as more projects build on the interoperable blockchain ecosystem.

Kava Labs, developer of the non-Ethereum based DeFi platform Kava, has announced a Mainnet upgrade that will enable users and institutions to earn massive staking rewards with Bitcoin. What Happened: Kava’s Version 5 upgrade will add the crypto borrowing function and the opportunity to earn interest and take out loans against multiple crypto assets. The new update will reportedly enable institutions to earn up to 45% APR on their Bitcoin holdings without counterparty risk. “Assuming compa...

Kava Labs: Kava Announces It Enables Institutional Bitcoin Holders to Get over 45% APR SAN FRANCISCO, CA / ACCESSWIRE / April 8, 2021 / Kava announces today that it enables institutions to earn +45% APR on Bitcoin holdings without counterparty risk. The Kava base-layer infrastructure has been optimized. Kava Labs released the Kava 5 upgrade to the public including its borrow-side functionality. In Brief This high APR has no counterparty risk Institutional-level DeFi is now widely accessible Bit...

Reading Time: 4min read Huobi DeFi Labs partnered up with Kava Labs, offering new yield-farming opportunities to its exchange users. Huobi DeFi Labs has strategically partnered with Kava Labs to bring HBTC and other Huobi-ecosystem assets to the Kava DeFi Platform. Additionally, Huobi will give existing users seamless access to Kava, Hard, Kava-based DeFi Apps and services running on Kava’s platform, indicating an industry first for CeFi and DeFi cooperation. Background Kava Labs is focused o...

Personal Finance Professional Explains how 401(k) Plans, Robo-Advisors, Investment Apps can Help Grow Our Wealth Erica Gellerman, a CPA, MBA, and personal finance expert, notes in a blog post published by Chime Financial Inc. (a US-based banking challenger valued at around $14.5 billion) that if you’re planning to grow your wealth or net worth, then investing can be “a smart way” to do it. Gellerman explains that making strategic investments can be quite “powerful” or beneficial in t...

Kava DeFi Platform to Release Robo-Advisor Service to Automate Strategies for Financial Services and Other 2021 Updates The Kava decentralized finance (DeFi) platform is “coming out the gates swinging” in 2021 with a “feature-packed” product roadmap – which includes two new native apps and crypto tokens, “decentralized bridges” to onboard major cross-chain digital assets, and several other features to “reinforce the safety and security measures already enjoyed by all users of K...