Kava EVM 1st Anniversary: ​​Progress Review and Future Prospects
Kava Labs
2023-05-15 05:04
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Next stage keywords: adoption, security and governance.

From May 2022KavaSince the successful launch of EVM, more and more users and excellent developers have come to Kava, and the data on the chain has also exploded. According to DeFillama data, as of the publication, more than 110 protocols have been successfully deployed to Kava, and the TVL has reached 250 million US dollars. As the adoption of the Kava ecosystem grows, there has also been considerable progress in scaling the infrastructure from a software system and node performance perspective. At the same time, more developer resources make it easier for developers to build and develop on Kava EVM.

Kava 12 mainnet successfully launched

The Kava 12 mainnet brings a new open source DAO technology to the Cosmos ecosystem.

Kava 13 mainnet will be launched soon

Beginning in the first quarter of 2023, more and more Cosmos and EVM dApps are successfully deployed, allowing the Kava ecosystem to grow. As demand exploded, so did Kava's need for speed, security, and sexual prowess.

To meet these needs, the Kava 13 mainnet has been structurally upgraded to enhance performance, help developers scale and accelerate their protocols, and optimize the user experience across the Kava ecosystem. At the same time, the transaction processing of the enhanced EVM software is shown through and executed request processing, and establishes the basis for further refinement of the node database.

Kava strategy library

Created by KavaKava Strategic Vault, to provide financial guarantees for the growth and security of the entire Kava ecosystem.

Partnering with Akash

AkashAllocate 2.5 million AKT to Kava Strategic Vault, and work with Kava to promote the construction of decentralized infrastructure.

Parts of Uniswap are on the way

The relevant submitted case of Uniswap v3 partly configured to the Kava EVM network has passed the second stage (a total of three stages) of the High Temperature Check (Temperature Check) vote, with a support rate of 100%.

Over 110 Protocols Successfully Deployed to Kava

Having a thriving ecosystem is a key factor for the success of every public chain. Kava will continue to optimize ecological growth and strive to attract more innovative projects. In the future, Kava plans to focus on several key technical improvements, including implementing sharding and sidechain technology to improve scalability, enhance interoperability with other blockchains, and optimize security protocols to provide users with better resource protection .

future core plan

use

use

Kava's unique EVM and Cosmos design supports native stablecoin issuers. In addition, all major cross-chain bridges and trading platforms can also be easily integrated with Kava.

Kava will take advantage of this by distributing these native stablecoins to every Cosmos application link, including Osmosis, DYDX, Injective, Cosmos hub, Juno, and more.

● Integrate major stablecoins, making Kava the hub of the original stablecoin for all Cosmos application chains.

● Integrate EVM into all major cross-chain bridges (LayerZero, Wormhole, Multichain, Axelar).

●Select the head asset package (for example: BTC and ETH).

The integration of Kava EVM and the trading platform will also enable the original projects launched on Kava not only to obtain more DEX liquidity, but also to obtain more ecological investment and CEX liquidity.

safety

Security will have two main keys - node availability and software scalability.

Currently, the Kava EVM software can make some significant optimizations to handle the high volume of transactions and requests it collects. Kava will continue to invest significant resources in research and development to optimize request processing in this new area.

governance

governance

On the first day of Kava's launch, it launched omnipotent governance consistent with Cosmos software and the spirit of Cosmos, and will continue to lead independent software governance innovations, extending these to Kava EVM, including extending the management module to EVM, and the EVM transaction model to maintain consistency with Cosmos Consistency with EVM (governance) messages, and intelligent combination of compilation realize seamless interaction between EVM and Cosmos messages and governance.

Summarize

Summarize

All in all, the Kava community, ecosystem, and product offerings are all on the path to mass adoption and full network interoperability. Although Kava faces many technical challenges, the Kava community is confident that they can be resolved as Kava continues to advance its goal of combining the speed and interoperability of Cosmos with the development capabilities of Ethereum.

Kava Labs
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