The Kava Network team announced via Twitter on Wednesday that Rom Blockchain will launch its Hover lending protocol on the Kava network. Hover’s market will open cross-chain deposits from multiple Cosmos zones and blockchain networks, Kava added.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is down by 20% in the last 24 hours and is trading at $0.944 at press time.