The Kava Network team announced via a tweet on Monday that Saddle Finance will launch on its network and join the Kava Pioneers. Kava said Saddle Finance is a decentralized automated market maker bringing low-cost and low-slip swaps to its Ethereum Co-Chain.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is up by more than 1% in the last 24 hours and is trading at $4.385 at press time.