The Kava team announced on Twitter yesterday that its Network 1.0 will combine the two biggest decentralized ecosystems in a single Layer-1 blockchain. The Alpha release of Kava Network 1.0 is scheduled for March 8, 2022.
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 9% in the last 24 hours and is trading at $3.5 at press time.