Hover is Ready to Launch Its Public Sale on the DAO Maker

On February 14th, 2024, Kava’s native DeFi lending and borrowing
project - Hover - will launch on DAO Maker with the public sale of its
native $HOV token. The sale follows the successful genesis pools sprint,
which crossed over 15.3M USD total value locked across $KAVA, $ATOM,
and $USDt. Hover aims to raise 1M USD, with 3.6% of $HOV’s total supply
available on DAO Maker.

February 12th - London - Hover, the non-custodial lending and borrowing protocol from the Kava ecosystem, will launch its public sale on DAO Maker
on February 14th. The market launch and the public sale follow the
success of Hover’s increasing APY Genesis Pools sprint that runs from
November 2023 through February 2024 and generated over 15.3M USD total
value locked across $KAVA, $ATOM, and $USDt pools. Hover announced that
those who deposit to their Genesis Pools before the market launch on
February 21st will keep receiving increased APY for 4 more weeks - until
March 18th.

With over 100 successful projects and $42 million
raised in its portfolio, DAO Maker is a leader in launching and
accelerating web3 startups. Hover’s launch on DAO Maker proves that
Hover is in for the long-term game, committing to building trustworthy
DeFi solutions. This milestone follows multiple audits and security
checks Hover and its partners have undergone to build a secure and
reliable platform. As a result, DAO Maker opens Hover to a much broader
audience beyond the Kava ecosystem.

“The interest and support
of Hover’s Genesis Pools have far exceeded our expectations and given
the Hover community an appetite for a successful public sale,” said Aileen Dauz, Core Contributor at Hover. “Launching
on DAO Maker is a strategic decision that hopes to bring more trusted
partners and supporters looking for long-term DeFi solutions. Through
Hover’s public launch, we pledge to build an institutional-grade,
secure, and inclusive DeFi solution for everyone.”