MANTRA
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MANTRA

Cross-chain DeFi Players from the Polkadot and COSMOS Ecosystems Join Forces

MANTRA DAO is Pleased to Announce its Latest Validator Partnership — with Kava

Why Kava?

Kava provides the framework for secure storage and staking of crypto assets. Like MANTRA DAO, Kava is on a mission to bring the tools for decentralized finance to a mainstream audience. The path to adoption requires easy-to-use and beautiful interfaces to interact with services for staking, saving, borrowing, and lending. Kava has been integrated into Binance.com, allowing users to earn an APR on self-custodied assets. As Binance Launchpad Project of the Year in 2020, Kava has a high pedigree and a track record for shipping innovative products fast.

What to Expect from MANTRA DAO x Kava Partnership

Decentralized finance is all about composability: taking pre-assembled building blocks and combining them to unlock new capabilities and reach new markets. In refining the tools for open finance, we’re building upon the great work that has already been done in the DeFi space, while leveraging strategic partnerships that will lift all projects that are committed to realizing this goal.

About Kava

Kava is a multi-asset DeFi platform that offers stablecoins, loans, and other financial services for users of major cryptocurrency assets including BTC, XRP, BNB and ATOM to name a few. The Kava platform has two types of tokens, the KAVA token and the USDX stablecoin where the KAVA token is the native token of the Kava blockchain integral in the security, governance, and mechanical functions of the platform. Users can collateralize their crypto assets in exchange for Kava’s stablecoin, USDX. USDX is the highest earning USD denominated account available for modern investors, offering superior yields without additional risk, compared to traditional alternatives like checking and savings accounts that only deliver miniscule returns.

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance.

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MANTRA

MANTRA is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem.