Everstake has just published a comprehensive report on $KAVA , a leading #DeFi platform partnered by #DAOLabs , and the results are impressive!
Here are the 5 key takeaways:
1️⃣Staking Surge: Kava’s total stake skyrocketed from 127.5M to 136.2M KAVA in the first half of the year. Delegators also increased from 65K to 68.8K, reflecting strong interest in Kava staking. 📈
2️⃣Stable Tokenomics: Kava transitioned to a non-inflationary model in 2024, making the KAVA token more stable and attractive for long-term investors. 💪
3️⃣Decentralization Win: With 19 validators having over 1K delegators, Kava's staking ecosystem is highly decentralized, ensuring security and fairness. 🌐
4️⃣USDT & WBTC Issuance: Kava became the third chain to issue both USDT and WBTC, reinforcing its position as a liquidity leader in the crypto space. 💸
5️⃣Strategic Upgrades: Kava’s Upgrade 16 enhanced EVM compatibility and cross-chain interoperability. The future is bright with Kavascan and more developments within the Cosmos ecosystem. 🌟
#Kava is clearly on a roll, with strong growth, strategic upgrades, and a solid foundation for future innovations. You can head out into #KavaHub, our #SocialMining platform dedicated to KAVA and know more about this amazing report. We will post a task regarding this—feel free to join us!
https://community.kava.io/
