The Kava Network team announced via Twitter on Friday that it has partnered with Beefy Finance, a multi-chain yield optimizer. The partnership has resulted in Beefy Finance launching on the Kava Network and bringing its auto-compounding feature to the blockchain.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is up by more than 1% in the last 24 hours and is trading at $1.408 at press time.