$KAVA New updates today: 🤖🛸👾
The network @kava started in 2017 as a payment platform, and then it evolved into a Layer 1 chain that combines the world of Ethereum (community and tools) and the world of Cosmos (speed and interoperability). It’s like a bridge that takes the best of both worlds.
* It has an EVM chain for developers to use Solidity and all Ethereum tools.
* It has a Cosmos chain built on the Cosmos SDK for speed and high performance.
* The two worlds are interconnected, allowing assets and applications to move freely.
From an economic perspective:
Previously, the token \
$KAVA was inflationary, with new tokens minted to provide rewards. But since December 2023, with the Kava 15 upgrade, inflation has stopped, and the supply is fixed at around one billion. Rewards now come from actual fees rather than inflation.
Today, its ecosystem is active:
* More than 125 dApps (DeFi, NFT..).
* Direct support for USDT and wBTC.
* Kava Rise program to encourage developers to build on the chain.
Why are developers choosing Kava?
* Compatible with Ethereum and its tools.
* Fast and cheap transactions from Cosmos.
* Seamless interoperability with other networks.
* Scalability for mass adoption.
In the future (2024–2025), they plan to add Kava AI tools and a new layer called Oros, meaning they will integrate artificial intelligence with Blockchain.
#KavaCrypto #KavaBNBChainSummer #KavaCrypto #kava #KavaBNBChain @kava
@SigMA-G