The Kava Network team announced via Twitter on Wednesday that Kogecoin has deployed on its blockchain. Kogecoin is a non-custodial multichain yield aggregator and is a Kava Rise project. Kava Rise is a $750 million on-chain developer incentive designed to attract the most innovative developers to the Kava Network.
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 $1.802 at press time.