The Kava Network announced via a tweet on Thursday that Mushroom Finance has officially deployed on its blockchain. Mushroom Finance is a cross-chain DeFi and yield farming project and now joins Kava’s Cosmos Ethereum Virtual Machine (EVM) network.
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 13% in the last 24 hours and is trading at $3.850 at press time.