The Kava Network announced on Tuesday via Twitter that WePiggy has officially launched on its blockchain. WePiggy is a cross-chain crypto bank where users can borrow crypto assets & earn interest. WePiggy will launch on the Kava network Ethereum co-chain. The team added that WePiggy’s open-source lending protocol would be available to Kava users when Kava 10 launches.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is down by less than 8% in the last 24 hours and is trading at $5.119 at press time.