The Kava Network team announced via Twitter on Thursday that Annex Finance is now part of its ecosystem. Annex Finance said it is now part of the KAVA incentive program, and the incentives it receives will be used for BUY Back of ANN and increase the DEX Liquidity. Annex Finance is a crypto lending, DEX swap, and NFT platform on the BNChain.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is up by 1% in the last 24 hours and is trading at $1.549 at press time.