Kava 11, the latest project of the Kava network, went live on the mainnet today, October 26. Kava 11 supports liquid staking, has a “GameFi + NFT Incentive Program,” and connects Kava and the BNB Chain, allowing over 300 BNB Chain assets to be used in the Kava ecosystem.
CONFIRMED: Kava 11 Liquid Staking Mainnet passes all audits and testing.
Launch officially set for Oct 26 at 16:00UTC. pic.twitter.com/FZ0f5AH9y2
— Kava (@KAVA_CHAIN) October 20, 2022
The project was developed to open more avenues to earn from the crypto platform and aid its growth potential.
A significant attribute that makes the network popular is its lightning-speed delivery of transactions.
Also, its ability to combine two blockchain giants, Cosmos and Ethereum, into a single network through a co-chain architecture is no ordinary feat.
Two mainnet upgrades preceded Kava 11, and they are Kava 9 and Kava 10.
Kava 9, the first mainnet upgrade on the network, launched in January 2022, but before that, there was the Kava 9 testnet that came with a competition, the Loan Wars.
Kava 10 was launched in May of the same year; it featured its current co-chain architecture and served as the second major upgrade on the network.
It also paved the way for developers to build seamlessly on the Cosmos network and the Ethereum virtual machine, fostering enhanced interoperability.
In between those two upgrades, several upgrades were launched, only that they were not mainnet.
For example, a month after the upgrade in January, the network launched the Kava pioneer program in February.
Kava 11, the network’s most recent mainnet upgrade, features liquid staking and Kava earn.
These two avenues will not only help to boost the platform’s TVL but will also increase the earning chances of users who avail their cryptocurrency to the Kava network staking pool.
The price of the Kava coin has skyrocketed with the news of the upcoming upgrade, showing that it may prove to be a stepping stone to greatness, affecting both the network and its users.