The Kava Network team announced via a tweet on Wednesday that Empire Capital has officially deployed on its blockchain. Empire Capital's launchpad and decentralized exchange (DEX) will be a part of Kava's Cosmos Ethereum Virtual Machine (EVM) network, Kava added.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is down by more than 42% in the last 24 hours and is trading at $1.518 at press time.