Cosmostation Mobile Wallet Notice for Kava-4 Gateway Upgrade

David
David
Oct 15, 2020 · 3 min read

Some exciting features are coming to Cosmostation Mobile Wallet (iOS, Android) after Kava Labs kava-4 Gateway launch.

⚡ ️Kava Network Kava-4 Gateway Upgrade

Kava 4 Gateway Upgrade launch will take place on 14:00 UTC October 15th.

  • Cosmostation tests everything extensively in Mainnet environment before officially pushing updates to the app store to provide you the best user experience and maximum security.
  • Please note that you may not be able to send $KAVA transactions on the mobile app temporarily until we push an update to support Kava-4 Mainnet.
  • We will notify you through our social media channels when the update has been made to support Kava-4 Mainnet on Cosmostation Mobile.
  • After the update, users will be able to enjoy the following new features for Kava and Harvest Money Market on Cosmostaiton Mobile Wallet.

✨ Harvest Money Market

You will be able to supply USDX, HARD, BNB, KAVA (additional assets may be added sequentially) to Harvest Money Market.

  • Users who supply these assets will get Harvest Liquidity Provider rewards in $HARD, accumulated on a per-block basis. 👨🏼‍🌾 (HARD is distributed to users who supply assets to Harvest Money Market. Each pool will have HARD allocations that will be distributed in proportion to your share of the total deposit amount in the pool)
  • You will be able to claim this reward manually from the mobile application.

✨ HARD reward for KAVA delegators

KAVA delegators will also be able to claim $HARD rewards.

  • HARD will be accumulated on a per-block basis depending on the amount of KAVA you have delegated. (Distributed in proportion to your share of the total amount of $KAVA staked in the network)
  • You will be able to claim this reward manually from the mobile application.

✨ Reward Claim Methods

  • On Kava-4, there will be a new feature introduced for claiming rewards — manually selecting your vesting period in exchange for higher/lower rewards. (ex. locking up your Crypto Payday $KAVA rewards for 1 year to receive a larger amount of rewards)
  • This feature will be available across 1) Crypto Payday $KAVA rewards 2) $HARD rewards for Kava Delegators 3) $HARD rewards for Harvest LPs
  • The exact parameters (lock-up periods and its proportional reward percentage, number of options, etc.) are to be decided on kava-4 launch and through governance.

Cosmostation is an enterprise-level validator node infrastructure & end-user application provider based in Seoul, South Korea. Cosmostation runs validator nodes across several networks, specifically focused on networks built with Tendermint & Cosmos SDK. Along with node operation, Cosmostation develops and maintains Mintscan Block Explorer for Tendermint-powered networks and Cosmostation iOS, Android, Web Wallets to support in-depth features for modules specific to each network.

Website: https://www.cosmostation.io/
Github: https://github.com/cosmostation
Android Wallet: Android — Google Play Store
iOS Wallet: iOS — iTunes App Store
Block Explorer:
https://www.mintscan.io/
Medium:
https://medium.com/cosmostation/
Twitter: https://twitter.com/CosmostationVD
Telegram: https://t.me/cosmostation

Cosmostation

a CØSMOS Spacestation

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