The Kava Network team announced via Twitter on Friday that it has postponed its Kava 11 mainnet to early October. This was done to accommodate for multiple Tier-1 protocol deployments, the team added. Kava 11 mainnet was previously scheduled to go live on August 31. Kava 11 is set to come with certain features such as Metamask support for all Kava transactions, Kava liquid staking, Protocol Owned Liquidity, and the Kava Earn.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is up by less than 1% in the last 24 hours and is trading at $1.681 at press time.