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Kava Labs, the builder of composable DeFi applications and services, today announced its next project, Kava Swap, a production-ready cross-chain liquidity hub for all DeFi applications and financial services.
The Kava Swap protocol is built on the cross-chain autonomous market making (AMM) application Kava platform. It provides a seamless way to exchange assets in different blockchains and deploy funds to the market-making pool to obtain returns.
Built as Open and unlicensed application, Anyone can access Kava Swap anytime, anywhere. Exchanges, DeFi applications and financial institutions can use Kava Swap to obtain more liquidity, trade assets, and extend profit opportunities to their users.
“AMM is gradually becoming the next big event in DeFi. In traditional finance, market maker earnings are only reserved for the most complex trading companies. AMM enables all kinds of users to participate. This increases the liquidity of the market, while even the smallest Of users provided power. The next logical step is to expand the interoperability of AMM to provide traders and limited partners with more choices and opportunities. With Kava Swap, we are building a cross-chain liquidity pool to trade the world The largest asset on the market; and by leveraging the complete Kava platform to provide all users with the ability to maximize returns. Kava Swap enables everyone to use its cryptocurrency. Our architecture links assets and ecosystems, so anyone can Earn high profits and seamlessly exchange between blockchains. We are building a highly scalable, complete and secure liquidity infrastructure to provide a safe, efficient and simplified user experience. Through our platform; no need to go to other A place to find the assets needed for crypto trading, and even make the little guy a market maker.”
– Brian Kerr, CEO of Kava Labs
According to the current plan, Kava Swap will be listed in August 2021.
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