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KAVA Announces KAVA13: Upgraded Features and Benefits

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On April 12th, Kava announced on Twitter that it would release KAVA13 at 1am Beijing time on May 11th. According to previous news, the Kava13 upgrade includes: 1. KavaEVM2.0, which

KAVA Announces KAVA13: Upgraded Features and Benefits

On April 12th, Kava announced on Twitter that it would release KAVA13 at 1am Beijing time on May 11th. According to previous news, the Kava13 upgrade includes: 1. KavaEVM2.0, which will improve performance through full node software optimization and hosting service provider expansion, eliminate downtime and accelerate the processing of large amounts of data requests from protocols and wallets to support the launch of new protocols, Cosmos Ethereum bridging, and increase the practicality of Cosmos SDK and EVM on chain wallets, dApps, and assets; 3. Vault control, with the expansion of StrategicVault functionality, KavaDAO will be able to manage its treasury and deploy resources to any protocol on Kava.

KAVA13 will be released on May 11th, and this upgrade will cover KavaEVM2.0 and more

Kava, a leading DeFi platform, has announced the release of KAVA13, which is set to revolutionize the DeFi space with several upgrades. The upgrades include the introduction of KavaEVM2.0, which aims to improve performance and accelerate the processing of large amounts of data requests from protocols and wallets. The upgrade will also include vault control, expanded StrategicVault functionality, and more.

What Is Kava and KAVA13?

Kava is a decentralized platform that provides users with the opportunity to earn interest or borrow using their cryptocurrencies. The platform is built on the Cosmos SDK, which allows for seamless integration and interoperability with other blockchains. KAVA13, on the other hand, is the latest upgrade to the Kava platform designed to enhance the existing features and offer improved performance.

KavaEVM2.0 – Improving Performance Through Software Optimization

The KavaEVM2.0 upgrade is the primary focus of KAVA13. This upgrade is set to improve performance through full node software optimization and hosting service provider expansion. With this upgrade, users will benefit from reduced downtime, making it possible to process a large number of data requests. The upgrade will also support the launch of new protocols, including the Cosmos Ethereum bridging, and increase the practicality of Cosmos SDK and EVM on chain wallets, dApps, and assets.

Vault Control: Managing the KavaDAO Treasury

The KAVA13 upgrade will see the expansion of StrategicVault functionality, which will allow KavaDAO to manage its treasury and deploy resources to any protocol on the Kava network. This feature will give flexibility to KavaDAO in managing its resources and support the development and growth of new protocols on the platform.

Benefits for Users

The KAVA13 upgrade will bring significant benefits for users on the Kava platform. With the KavaEVM2.0 upgrade, users will experience reduced downtime and faster processing of data requests, making the platform more efficient. Additionally, the new vault control feature will provide KavaDAO with greater flexibility in managing its treasury, ensuring the development and growth of new protocols on the network.

Conclusion

The KAVA13 upgrade is set to introduce significant improvements to the Kava platform. The KavaEVM2.0 upgrade, in particular, will make the platform faster and more efficient, while the new vault control feature will give KavaDAO greater flexibility in managing resources. With these upgrades, Kava is well-positioned to continue its growth as a leading DeFi platform.

FAQs

1. What is Kava?
Kava is a decentralized platform that provides users with the opportunity to earn interest or borrow using their cryptocurrencies.
2. What is KAVA13?
KAVA13 is the latest upgrade to the Kava platform designed to enhance the existing features and offer improved performance.
3. What are the benefits of KAVA13?
The benefits of KAVA13 include faster processing of data requests, reduced downtime, and greater flexibility in managing resources.

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