Odaily Planet Daily News: Kava's native DeFi lending project, Hover, will conduct a public sale of its native token, HOV, on DAO Maker. The project aims to raise $1 million, releasing 3.6% of the total supply of HOV.

Odaily Star Daily News - Decentralized blockchain Kava Chain has announced its integration with cross-chain bridge Stargate, aiming to introduce USDT from Ethereum into the Cosmos ecosystem.

Golden Finance reported that Layer1 Blockchain Kava posted on social media X that it will reduce the block time to 2 seconds or less in 2024 to achieve a throughput of 500 transactions per second. Introducing EVM native liquidity staking Derivatives (stKAVA) and using USDT as the main Collateral for Cosmos.

PANews news on January 19 that the Layer1 Blockchain Kava released the project's 2024 goals on the X platform. 1. Infrastructure: Increase Blockchain throughput, reduce block time to 2 seconds or less, and achieve throughput of 500 transactions per second. 2. Ecology: Introduction of EVM native liquidity pledge Derivatives (stKAVA). 3. Community: The goal is for the first 10 million users to use USDT as the main collateral for various Decentralized Finance applications in Cosmos.

Golden Finance reported that the decentralized blockchain Kava announced that the KAVA 15 mainnet has been launched, and zero inflation will start on January 1, 2024.

PANews reported on December 8 that, according to official news, the Kava 15 mainnet has been successfully launched, and from 8:00 on January 1, 2024 Beijing time KAVA token inflation rate will be permanently reduced to zero.

5 ALTCOINS TO WATCH （PART 5） KAVA has an AMA on December 15th to discuss new developments for its DeFi platform. KAVA remains above key support at $0.70 - can it reach $1 soon?

PANews reported on November 23 that Kava Network officially announced that the Kava 15 mainnet will be launched on December 7 and will achieve a new feature, that is, at midnight UTC time on December 31 (expected to be the morning of January 1, 2024 Beijing time) to permanently reduce KAVA inflation to zero. At that time, the circulating KAVA supply is set to the maximum KAVA supply, no new KAVA coins can be created, and KAVA tokens can only be burned. All KAVA inflation mechanisms are zeroed out or removed from the chain protocol, reinforcing Kava's commitment to a stable and predictable ecosystem. After December 31, the operations of the Kava chain will be migrated to a sustainable model, driven by transaction fees, emissions from local projects, and temporary allocations from the Kava Foundation. The model aims to not only maintain but also generate a net surplus of KAVA through on-chain activity. The Kava community will have the power to decide whether to burn or reinvest this surplus to foster further adoption, enhance security, and promote decentralization within the network.

PANews reported on November 23 that Kava Network officially announced that the Kava 15 mainnet will be launched on December 7 and will implement a new feature, that is, at midnight UTC on December 31 (expected to be the morning of January 1, 2024 Beijing time), KAVA inflation will be permanently reduced to zero. At that time, the circulating KAVA supply is set to the maximum KAVA supply, no new KAVA coins can be created, and KAVA tokens can only be burned. All KAVA inflation mechanisms are zeroed out or removed from the chain protocol, reinforcing Kava's commitment to a stable and predictable ecosystem. After December 31, the operations of the Kava chain will be migrated to a sustainable model, driven by transaction fees, emissions from local projects, and temporary allocations from the Kava Foundation. The model aims to not only maintain but also generate a net surplus of KAVA through on-chain activity. The Kava community will have the power to decide whether to burn or reinvest this surplus to foster further adoption, enhance security, and promote decentralization within the network.

Odaily Planet Daily News Injective has reached an integration with Kava to expand access to stablecoin assets such as USDT. Kava recently announced that it will receive support from the Tether Foundation to natively issue USDT within the broader Cosmos ecosystem. The partnership will include bridging USDT directly from Kava to Injective's IBC. In addition, the Kava community has approved a governance proposal to incentivize the use of USDT on Injective through Kava token rewards.

On November 2, it was reported that Injective has completed the integration with Kava to expand access to stablecoin assets such as USDT. The partnership comes on the heels of Kava's recent announcement that it will receive support from the Tether Foundation to natively issue USDT within the broader Cosmos ecosystem. The partnership will include bridging USDT directly from Kava to Injective's IBC. In addition, the Kava community has approved a governance proposal to incentivize the use of USDT on Injective through Kava token rewards.