Will bsc assets like btcb be supported as collateral for

got it. thanks. so just to be clear, the announcement talks about withdrawing kava chain assets to binance smart chain, can I assume that the reverse is true? bsc assets can be deposited to kava chain? (to mint usdx, etc..)

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8 месяцев назад

CryptoDaz (Darren)

glu04
got it. thanks. so just to be clear, the announcem...

https://t.me/kavalabs/512127

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8 месяцев назад

glu04 Автор вопроса

CryptoDaz (Darren)
https://t.me/kavalabs/512127

sorry. missed that. thank you!

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8 месяцев назад

Cameron | Kava (I will never DM first)

glu04
got it. thanks. so just to be clear, the announcem...

This information is related to the recent announcement about BEP3 depreciation. On April 24th, if you have BEP3 assets on the Kava chain, you must transfer them to the Binance Smart Chain instead of the Beacon chain if you need to move them off the Kava Cosmos chain. Detailed technical instructions will be provided as soon as possible. If you need to close your borrow positions or for any other reason you need to bridge Binance-pegged assets to the Kava app, you can bridge them to the Kava Cosmos chain from the Binance Smart Chain. The ideal route will be like this: Initial withdrawals to the BSC from Binance.com -> XRPB/BTCB/BNB (Binance Smart Chain) -> Kava-EVM -> Kava-Cosmos -> Kava Lend / Kava Mint / Kava app. Once again, detailed technical instructions will be provided as soon as possible. BUSD will eventually be sunset, and most of BUSD is already on the Kava chain.

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8 месяцев назад

he

Take it fast while you can guys https://fluc.io/

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8 месяцев назад

Q8i INVESTOR

Cameron | Kava (I will never DM first)
This information is related to the recent announce...

Got some BTCB on mint do I have to do anything or just when I want to withdraw ?

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8 месяцев назад

CryptoDaz (Darren)

Q8i INVESTOR
Got some BTCB on mint do I have to do anything or ...

You don't need to do anything, unless you wish to move your BTC off of Kava chain between 15th April and 24th April That BTC can remain in Kava Mint earning a yield, the changes only effect the chain you withdraw back to should you wish to move it out from Kava chain in the future

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8 месяцев назад

John

Cameron | Kava (I will never DM first)
This information is related to the recent announce...

Hi Cam, are there any announcements about USDX and what is the plan for USDX?

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8 месяцев назад

Cameron | Kava (I will never DM first)

John
Hi Cam, are there any announcements about USDX and...

I haven't received any new information about USDX yet.

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8 месяцев назад

Rakunso

CryptoDaz (Darren)
You don't need to do anything, unless you wish to ...

Hey @cryptodaz2 does that mean itthe bep3 bridge from kava will be replaced by bsc? For me that's not clear as usual the information from the team is uncertain

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8 месяцев назад

CryptoDaz (Darren)

Rakunso
Hey @cryptodaz2 does that mean itthe bep3 bridge ...

Yes

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8 месяцев назад

Rakunso

CryptoDaz (Darren)
Yes

But no Statement or guide from the team?

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8 месяцев назад

CryptoDaz (Darren)

Rakunso
But no Statement or guide from the team?

Cameron has said "detailed technical instructions will be provided as soon as possible."

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8 месяцев назад

Rakunso

CryptoDaz (Darren)
Cameron has said "detailed technical instructions ...

😏ok

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8 месяцев назад

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

The actual assets on Kava chain are not changing. I believe the only change is that instead of bridging in and out via Binances BEP3 bridge to/from BEP2 (Binance Beason Chain) you will now instead bridge out to BSC (Binance Smart Chain) A government proposal would be required to change any incentives or collateral factors for those assets

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8 месяцев назад

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Will bsc assets like btcb be supported as collateral for

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