Crypto-Follow logo Crypto-Follow logo
Cryptoknowmics 2022-05-25 07:46:35

Binance to Support Kava Network upgrade

Binance announced on Twitter their plans to support the Kava network upgrade. The upgrade will be taking place on 25th May. Although all transactions (withdrawals and deposits) will be on hold, trading will continue. Kava Network Upgrade According to Binance, they will be supporting the Kava network with their upgrade. The network upgrade will be taking place at Kava’s 1,610,471 block height. It will hold on 25th May at 15:00 (UTC). The team will put all transactions on hold an hour before the upgrade. But, all KAVA trading will continue. The Binance team wants all users to be calm. They’ll handle all technical needs for KAVA holders on Binance. All Binancians can make transactions after the completion of the Kava network upgrade. That is after the network becomes stable. About Kava Kava network is a software protocol. It leverages various cryptos to let people lend and borrow without a middleman. Kava is among some new DeFi projects. But, while most DeFi projects operate on Ethereum, Kava operates on Cosmo. The Kava creators say that it adds more features. The Cosmos smart contracts let people borrow money in USDX. All they have to do is lock coins in the network’s smart contracts. Kava uses the Cosmos’ zones function to control the cryptos it takes. They’re then executed in programs on separate networks. It lets Kava expand the types of cryptos that borrowers can use, like XRP, BTC, and BNB. Users can earn KAVA weekly by ple...

#
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约