The Kava Network team announced via a tweet on Wednesday that the Kava 10 Proposal #84 is now live. This proposal seeks to activate the Kava 10 upgrade on May 25th, 2022, at approx. 15:00 UTC. The mainnet upgrade will connect the Cosmos blockchain to Ethereum, and the network will have a full Ethereum Virtual Machine (EVM) developer infrastructure support.
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 10% in the last 24 hours and is trading at $2.295 at press time.