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The Terra IBC Relayer is now live

Twitter icon  •  Published 4 years ago on January 28, 2022  •  Hassan Maishera

The Kava Platform announced that the Terra IBC Relayer is now live, a feature that connects the Kava Network and the Terra ecosystems.

The Terra IBC Relayer is now live

The Kava Platform announced a few hours ago that the Terra IBC Relayer is now live. The relayer connects the Kava Network and the Terra ecosystems, leading to a cross-over of their features. 

The UST stablecoin will be added as collateral on Kava Mint, users can earn with LUNA on Kava Lend in the future and there will be a free flow of assets between Terra & Kava networks.

KAVA is trading at $3.08, down by 5% in the last 24 hours while LUNA is down by 7% and trading at $57.90 at press time.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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