Hey I was thinking that instead of dump kava tokens

Question

Hey I was thinking that instead of dump kava tokens

to fund EVM and other development, why not use those tokens as collateral and borrow usdt. That gives a lot more possible money to incentivize developments, take care of the price of kava and generate demand in USDT.

Of course, it comes with the risk of illiquidity if those kava go into liquidation, but with a very low risk ratio, that risk is very vague.

Are you considering this possibility by incentivizing the USDT pool and attracting liquidity? @gr8scott

#blockchain #cryptocurrency #english #kava

0

05.08.2023

4 ответов

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LeitonDuc Автор вопроса

DegenMode111
Also if Scott reads i was wondering when Stargate ...

I didn't see any new news about Stargate, but I hope it will be ready soon. It's a key feature for kava, rn EVM is pretty isolated.

0

05.08.2023

Dam

Agree... kava should take advantage of owning a lending protocol and do that. It is so important of taking care of the price!!! We must stop the big selling preasure.

0

05.08.2023

DegenMode111

Dam
Agree... kava should take advantage of owning a le...

Kava needs to invest first and create value. Propel the EVM and create vibrant Defi Space with a lot of users and activity and good builders. Than Kava will follow $OP trajectory

0

05.08.2023

DegenMode111 · Accepted Answer

DegenMode111

Also if Scott reads i was wondering when Stargate will be on Kava, been few weeks since their proposal for deployment on Kava passed

0

05.08.2023

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Hey I was thinking that instead of dump kava tokens

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