The blockchain space is saturated with inventions, but there are very few that can offer native $USDt and $WBTC . Only three blockchains can claim this distinction, and they have it; $KAVA is a part of this club.
Of course, having native USDt, the most popular stablecoin, is an invaluable advantage. It offers users digital currency that is fixed at 1:1 with the U. S dollar making it suitable as a medium of exchange, a trading asset, and a tool for managing risks associated with volatility. This stability enables fundamental commerce and extends the use of crypto for basic economic needs, thus popularising it.
On the other hand, native $WBTC is a tokenized version of Bitcoin, thus adding its strength into the ecosystem with all the advantages of a flexible format. Wrapped Bitcoin lets the users interact with DeFi applications and provides the ability for Bitcoin holders to interact with the platform’s natively built applications and services. Using $WBTC, users can engage themselves in lending, borrowing and other such DeFi operations without having to exit the ecosystem.
Diversification of the various USDt use cases brings effectiveness that stems from the integration of WBTC. Rather it can perform stable transfers with USDt or leverage Bitcoin’s liquidity with WBTC, users are more free and flexible.
This dual presence also leads to increased and more developed DeFi prospects where participants could engage in yield farming, a liquidity pool, and many other applications. For blockchain enthusiasts, this creates many opportunities to peg on USDt – a stable coin and the dominance of WBTC.
#SocialMining under this context offers much more value because it assists members of the community to contribute to the growth of the ecosystem. Users are incentivized to participate and contribute because everyone works for the project’s success within the framework of a decentralized system, and there ‘s a clear incentives-based approach to creating a self-sustaining economy.
