San Francisco, CA — News Direct — Chainwire
Today, Coinbase lists Kava and launches a massive learning rewards campaign to educate its user base on how Kava will bring the world to Web3.
Kava is a decentralized Layer 1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum. Kava has built a tight integration with Coinbase over the last year to optimize the process of the Cosmos SDK chain and integrate with Coinbase to help bring new liquidity to the Cosmos ecosystem.
Unlock Cosmos Liquidity
Coinbase’s native integration with Kava allows for easy listing of Kava ecosystem projects, staking KAVA on Coinbase, and unlocking DeFi usage for Coinbase users on Kava. Additionally, Kava will work with his Coinbase team to make it significantly easier for the Cosmos chain to be listed on exchanges, unlocking access to liquidity for Cosmos projects and furthering adoption and growth across the Cosmos ecosystem. promoted. The whole process reduces the timeline for integrating the Cosmos SDK chain to Coinbase from 12-18 months to 1 month. Cosmos Chain is now as easy to integrate as ERC-20 tokens.A big step towards increasing liquidity within the Cosmos ecosystem
“We are very pleased to have Kava listed on the largest US regulated exchange. Coinbase sets the standard as the primary entry point for new users and capital to join the blockchain ecosystem. We look forward to increasing the exposure of Kava to new users, which will have a downstream effect on the Kava Rise program and all protocols in the Cosmos ecosystem.” — Scott Stuart, CEO of Kava Labs
Accelerate protocol growth with Kava Rise
Kava was built from the ground up to optimize resources as the protocol grows, powered by Cosmos-EVM technology that allows for maximum scalability, speed, security, and developer support. In 2022, Kava will combine its on-chain and off-chain growth mechanisms into a single developer incentive program called Kava Rise.
Kava Rise aims to set a new standard to meet the growth and demand of thousands of Web3 protocols. The builder will contribute to Kava Rise’s $750 million developer incentive fund via the program’s blockchain-based distribution method, which is designed to reward the top protocols each month based on usage. get some. Over 50 protocols such as Curve Finance, Sushi and Beefy Finance have brought over $15 million in total TVL to the ecosystem, demonstrating the program’s ability to grow and thrive protocols regardless of market conditions.
About hippopotamus
Kava drives Web3 growth with the best on-chain incentives and Cosmos-EVM sidechain technology. Join the network that brings millions of people to Web3 with kava.io
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media manager
Guillermo Carandini
kava lab
guillermo.carandini@kava.io
contact details
kava lab
Guillermo Carandini
guillermo.carandini@kava.io
View source version on newsdirect.com: https://newsdirect.com/news/coinbase-lists-kava-advancing-ethereum-cosmos-interoperability-743586012
