Coinbase lists KAVA, Advancing Ethereum – Cosmos Interoperability – Blockchain News, Opinion, TV and Jobs
Today, Coinbase listed Kava and will launch a massive Learning Rewards campaign to educate its user base on how Kava is leading 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 spent the last year building a deep integration with Coinbase that optimizes the process for Cosmos SDK chains to integrate with Coinbase and helps drive new liquidity to the Cosmos ecosystem.
Unlocks Cosmos Liquidity
Coinbase’s native integration with Kava enables easy listing of Kava ecosystem projects, KAVA staking on Coinbase, and unlocks DeFi usage for Coinbase users on Kava. In addition, Kava worked with the Coinbase team to make it significantly easier for Cosmos chains to list on the exchange, unlocking access to liquidity for Cosmos projects and furthering the adoption and growth of the entire Cosmos ecosystem. The whole process narrows the timeline for integrating Cosmos SDK chains into Coinbase from 12-18 months to a single month. Cosmos chains can now be integrated as easily as ERC-20 tokens. A big step forward to increase liquidity in the Cosmos Ecosystem
“It is exciting to see Kava listed on the largest US regulated exchange. Coinbase sets the standard as the main on-ramp for new users and capital into the blockchain ecosystem. I look forward to increasing Kava’s exposure to new users, which will have downstream effects for all protocols in the Kava Rise program and the Cosmos ecosystem.” — Scott Stuart, CEO of Kava Labs
Fueling Protocol Growth with Kava Rise
Kava was built from the ground up to optimize resources for protocol growth, powered by the Cosmos-EVM technology that enables maximum scalability, speed, security and developer support. In 2022, Kava combined 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 enable growth and demand for thousands of Web3 protocols. Developers earn a share of Kava Rise’s $750 million developer incentive fund via the program’s blockchain-based distribution method, designed to reward the top protocols each month based on usage. More than 50 protocols such as Curve Finance, Sushi and Beefy Finance have collectively brought more than $15M TVL into the ecosystem, demonstrating the program’s ability to enable protocols to grow and thrive regardless of market conditions.
Kava charges Web3 growth with the best on-chain incentives and Cosmos-EVM sidechain technology. Join the network and bring millions into Web3 at kava.io
