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Coin98 Integrates Kava EVM to Enhance Web3 Interoperability and Scalability

Coin98 has announced the integration of Kava EVM, which is a crucial component of the Kava chain and an important part of the Cosmos ecosystem. Kava EVM, as an EVM-compatible layer in the Kava blockchain, combines Ethereum's smart contract functionality with the innovation, scalability, and interoperability of the Cosmos SDK. This strategic integration allows Solidity developers to bring Ethereum-based applications to the Kava network, thereby gaining enhanced performance, security, and the extensive advantages of the Cosmos ecosystem.

Kava 15 mainnet has been launched, and the KAVA inflation rate will permanently drop to zero on January 1 next year

On December 8th, according to official sources, Kava 15 mainnet has been successfully launched. Starting at 8:00 on January 1st, 2024 Beijing time, the inflation rate of KAVA tokens will be permanently reduced to zero.

Kava 15 mainnet will be launched on December 7, KAVA token inflation rate will be permanently reduced to zero

Kava Network officially announced that Kava 15 mainnet will be launched on December 7th. It plans to implement a new feature, which permanently reduces the KAVA inflation rate to zero at midnight on December 31st UTC. At that time, the circulating supply of KAVA will be set to the maximum supply limit, and no new KAVA coins can be created. KAVA tokens can only be destroyed. All KAVA inflation mechanisms will be reset or removed from the chain protocol, thereby strengthening Kava's commitment to a stable and predictable ecosystem.

Decentralized blockchain Kava will release Kava 15 on December 7

According to official X account news, decentralized blockchain Kava will release Kava 15 on December 7th.
Decentralized blockchain Kava will release Kava 15 on December 7

Kava already supports wETH via Stargate

Kava announced on X platform that wETH has been launched on KAVA through Stargate and will soon be available on Cosmos.

Injective Selects Kava's Native USDT for Perps Trading in Next-Generation DeFi Applications

Injective, a blockchain designed for next-generation DeFi applications, has chosen Kava Chain's Native USDT for their Perps trading. This partnership will bring significant benefits to users of both platforms, including enhanced trading opportunities, improved liquidity, and cross-chain flexibility. The integration of Kava Chain's capabilities with Injective's DeFi technology is set to reshape the world of DeFi. This collaboration exemplifies the mutual benefits that this partnership brings, offering users the best of both worlds and enriching the DeFi experience for traders, investors, and developers alike.

Injective has integrated with Kava to expand stablecoin asset interoperability

On November 2nd, Injective has completed integration with Kava, expanding access to stablecoin assets such as USDT. This collaboration follows Kava's recent announcement that it will receive support from the Tether Foundation to natively issue USDT within the wider Cosmos ecosystem. This collaboration will include the direct bridging of USDT from Kava to Injective's IBC. In addition, the Kava community has also approved a governance proposal to incentivize the use of USDT on Injective through Kava token rewards.

Proposal to incentivize L1 blockchain Injective to adopt USDt passed

Kava has announced on the X platform that its proposal to incentivize the adoption of USDt by L1 blockchain Injective has been approved. Injective blockchain is seeking to boost the liquidity of Kava's native Tether USDt in the BTC/USDt and ETH/USDt perpetual markets, requiring 250,000 KAVA as an incentive. After the proposal is accepted, 125,000 KAVA will be paid immediately and subsequent proposals will be submitted to pay the remaining 125,000 KAVA.
Proposal to incentivize L1 blockchain Injective to adopt USDt passed