Kava.io to Conduct Network Upgrade on April 24th
Kava.io is set to conduct a network upgrade on April 24th at 14:00 UTC.
Refer to the official tweet by KAVA:
Tokocrypto@Tokocrypto四月 23, 2024Hi Tokonauts,
Tokocrypto akan mendukung peningkatan jaringan Kava (KAVA) guna memastikan pengalaman pengguna yang terbaik.
Deposit/penarikan di jaringan KAVA akan dihentikan sementara pada 24 April 2024, pukul 21:00 WIB.
Info selengkapnya: https://t.co/bNygCCO83z
Terima kasih… pic.twitter.com/W1HFr0VIxb
KAVA Info
Kava.io is a decentralized finance (DeFi) platform that operates on the Cosmos network, leveraging the power and flexibility of blockchain technology to facilitate crypto-based financial services. KAVA, its native cryptocurrency, plays a vital role within the platform.
The KAVA token has multifaceted uses within its native ecosystem. It serves as a governance token, enabling holders to vote on various protocol decisions, helping to shape the future development and operations of the platform. Moreover, KAVA can be staked, contributing to the security and stability of the network, and in return, stakers receive rewards.