to buy Kava on equilibre dex but it shows me i will only shows i will get kava worth of $80 what's wrong?
Hi there I will surely help, kindly send me a direct message admins don’t message first beware .
Is that multichain bridged USDC? If so it's due to the Multichain bridge problems with no timescale if or when the bridge might be usable resulting in it depegging
Now what is the solution? I have USDC on kava network i want to withdraw them to exchange how do i go through it? Which Bridging platform will you suggest to me?
You can swap for axlUSDC or MAI at 40% loss and then bridge out
That's what i tried to do mate, but it cost too much loss that's why i decided to brought myself to the Kava community so that i can get help
No way currently...I've wBTC stucked as well
But how long will they solve the problem?
Who knows...it can be next week, next month, next year or never 🤷♂
The timescale is unknown. You can join the multichain telegram group but information is scarce
But since the beginning this is the way people trade on Dex's in Kava network? Selling at 40% loss?
Where the problem is from?
Multichain bridged stables have become depegged due to the issues with their bridge and missing ceo
You can start from this: https://twitter.com/multichainorg/status/1661443109019062272?s=46&t=Sk-tRI7daH5s2wb9HCm2GA
Thanks for your help guys
But which Bridging platform should offer this?
Satellite for axelar, multichain for Mai, cbridge for Usx
Otherwise you can swap to kava and send out kava directly
Which exchange support deposit of Kava not kava evm?
https://coinmarketcap.com/currencies/kava/#Markets
All the exchange i knew, It's kava not Kava EVM and it's not possible to deposit Kava EVM to those exchange
https://help.app.kava.io/article/26-how-to-bridge-kava#How-to-withdraw-KAVA-from-EVM-to-an-exchange-account-or-a-personal-wal-CyMUX
You'll need a Cosmos based wallet such as Trust Wallet or Keplr
Then i should deposit the Kava to those wallet with the address of kava........? And after received to that wallet then send to Cex? Or what?
Yes. After receiving KAVA in your Cosmos-compatible wallet, you can transfer it to a CEX.
Ok thanks but i go for bridge, i bridge the 250usdc to 130 usd at matic chain😢 with the lost of 120$
If Multichain find a solution that USDC will return to peg and be worth $250 again
I already take the loss thanks i love this community
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