Binance's 182+ million users are now connected to the Kava ecosystem!! 🙏 @binance 's support of the Kava EVM allows seamless onboarding through Kava's Cosmos native Tether issued $USDt. Welcome!
Tether allows users to limit their exposure to market volatility by providing a safe, secure, and stable digital asset to move liquidity into. With over $100B worth of @Tether_to issued $USDt liquidity available to ecosystem, it is no wonder why so many people are choosing Kava.
Four years ago Kava won @Binance's 2020 Launchpad Project Award. 🏆 Our relationship has only strengthened since then. 🤝 Recently Binance rolled out support for Kava EVM. This has unlocked the onboarding of Binance's 182+ million users into the Kava ecosystem.
Don't look now but: @binance's support of the Kava EVM means Binance wallet holders are now able to participate in markets on Kava Chain. The native assets they use can then be arbitraged directly between Binance and Ethereum markets. Probably nothing... 🤫
What is @ethena_labs ? A new DeFi protocol that focuses on yield-bearing synthetic tokens. Since launching, it has surpassed a TVL of $2,000,000,000 in just a few weeks. 🤯 If you hold USDe on Kava Chain you can track your rewards in real-time on Ethena.
🚀 Join us and @tfm_com's @rebel_defi this Monday, April 8th @ 11pm UTC for a chat on how to use $USDt on the Kava Chain & @cosmos ecosystems: Set the reminder now: https://twitter.com/i/spaces/1LyxBnEyngnxN
On the agenda: 🔹 New DeFi opportunities that $USDt on KAVA EVM opens up. 🔹 How TFM is spreading $USDt and enhancing security. 🔹Workflows for getting $USDt into Kava and other Cosmos chains. https://t.co/haLKLe0Lb3
Binance is bringing its 182+ million user base to the Kava ecosystem!! 🙏 @binance's support of the Kava EVM allows seamless onboarding through Kava's @Tether_to issued $USDt (and $WBTC).
Tether has been a leader in transparency and security for stablecoins since launching in 2014. 🔒 $USDt issued by @Tether_to's deep liquidity is driving adoption across the Kava ecosystem.
BitGo is Kava's preferred custodian because of their history of having strict adherence to ERC-20 standards. @BitGo's $250 million insurance policy should also help you sleep at night.😴 $WBTC is available on Kava Chain today.
Kava has opened up $110B of $WBTC and $USDt liquidity to the Kava EVM and @Cosmos ecosystems!! 🚀 With @ethena_labs now $USDe is in the mix adding yet another layer of liquidity for projects to access. What do you want to see next?
Over $100,000,000,000 $USDt issued by @Tether_to and $10,000,000,000 $WBTC offered by @BitGo and now available to the Kava EVM and @cosmos ecosystems. Tap into the deep liquidity and unlock fresh utility today. Kava Chain is just getting warmed up! 🙌
🚀 @ethena_labs is joining forces with Kava as they expand beyond the @Ethereum ecosystem!
This launch brings USDe to the Kava EVM and @Cosmos ecosystems and opens up the chance to earn rewards from Ethena when swapping $USDt or $USDC to $USDe on Kava Chain.
Thread time! 🧵
💡 Ethena sets a new standard in DeFi by launching yield-bearing synthetic tokens, boasting a TVL of nearly $1B in just a few weeks.
USDe, Ethena's synthetic dollar, offers a resilient, stable, and scalable digital asset that isn’t codependent on traditional banking rails.