Lunie Integrates With DeFi Platform Kava
Today we welcome our newest staking and governance integration — Kava.
Kava is a decentralized finance (DeFi) platform similar to Ethereum’s MakerDAO and Compound. Kava lets users create collateralized debt position contracts (CDP’s). These CDP’s use several types of collateral including ATOM, BNB, XRP, Tether and BTC. In exchange for creating CDP’s, users are able to access a US Dollar pegged stablecoin called USDX.
The staking and governance token, KAVA, is simple to use on Lunie. As with every new integration we offer, you can find a full network-specific staking guide on our Help Center.
Starting today with Kava on Lunie you can:
- View your full Kava portfolio
- Stake KAVA
- Claim staking rewards
- View the balance of KAVA staked, available for use and available to claim
- Participate in governance proposals
- Access all functionality available on Lunie web, mobile(iOS, Android) or our. Ledger hardware wallet options
If you have any questions about staking KAVA tokens with Lunie, please don’t hesitate to reach out. Please email support[at]lunie[dot]io or use our Intercom chat to get in touch.
About The Kava Platform
Kava Labs develops the Kava Platform. They offer permissionless DeFi services such as stablecoins (USDX), bonds and cryptocurrency lending. The Kava platform, a zone built using the Cosmos SDK, is secured by over 100 Proof of Stake (PoS) validators. To learn more about Kava, visit their website for more information.
About Lunie
Lunie is a tool that allows users to safely store, manage and stake crypto assets in Proof of Stake (PoS) networks. We assume that because you have landed here you are interested in learning more about Proof of Stake and trying it out. We’re here to help!
Hit us up:
- 📩 Email us at support[at]Lunie[dot]io 📩
- 💬 On our Intercom support chat embedded on our website and apps at https://lunie.io.💬
- 🐦 Find us on Twitter — @LunieHQ. 🐦
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