Over the years, the world has seen vibrant project grow and boom because of honest support from the community including #Ethereum , #Bitcoin | $BTC , #BNB | $BNB . This move to strengthen #kava and its token can be made possible with #Daolabs | @DAO Labs pioneering the concept of #SocialMining .
Recently, Everstake published a comprehensive report , revealing #KavaChain impressive growth , decentralization and Strategic advancement , solidifying its position in the cosmos ecosystem. Here is a cursory look of the kava report given by #Everstake
KAVA'S GROWTH:
đ«Total Stake and Delegators' Growth: Kava's total stake increased by 6.8% in H1 2024, while the number of delegators rose by 5.6%.
đ«Stable Growth in Delegators: The number of delegators grew steadily, with a significant increase in Q1 2024 and continued growth from March onward.
DECENTRALIZATION:
The expansion of DeFi offering include kava Lend, cross-chain lending , wBTC and Real world Asset (RWA) yield.
UPGRADE 16 & KAVASCAN
Upgrade 16 brought enhanced EVM compatibility, cross-chain interoperability, and improved DeFi tooling. Kavascan is a native blockchain explorer for the kavachain, offering essential features to navigate and explore the ecosystem
PARTNERSHIP WITH BITGO TRUST COMPANY
kava became the third chain to provide both USDT AND WBTC issuance partnering with BITGO Trust company
NATIVE SUPPORT FOR KAVA EVM ON BINANCE
This support marks a significant achievement in compatibility and adoption
Read more:
https://everstake.one/crypto-reports/cosmos-report-h1-2024-major-updates-interchain-growth-and-innovations
