Review on Kava by Thalhat Tee
Kova overment
SEARCH
nairametrics
Nairametrics
Nairametrics
CRYPTOCURRENCYHarvest: Crypto that gives interest on your Bitcoin
Harvest offers crypto users the platform to supply crypto assets for lending and earn interest on them.
Published 1 week ago on September 24, 2020 By Olumide Adesina Harvest: Crypto that gives interest on your Bitcoin
SHARE TWEET
Harvest, a new (DeFi) platform created on the Kava blockchain, plans to launch a product that will enable users to earn more on Bitcoin, XRP, Binance coin, and two other cryptos.
Harvest offers crypto users the platform to supply crypto assets for lending, and earn interest on them, as well as use their crypto as security for borrowing, according to Brian Kerr, Kava’s co-founder and chief executive.
READ: Exclusive: Best bank in Nigeria judging by the numbers
Both borrowers and lenders earn HARD, Harvest’s governance token. It also supports Chainlink LINK, the Binance USD stablecoin (BUSD), Binance Coin (BNB), and Kava’s digital assets—KAVA and USDX
On Harvest there are three major activities:
Supply: You can safely supply your digital assets on Harvest and earn interest.
Borrow: You can use your digital assets as collateral to borrow others.
Earn: Suppliers and borrowers earn HARD, the governance token of Harvest.
READ: Ripple reports 1,760% surge in XRP sales in Q2 2020
How Harvest was created?
Harvest is an application designed on Kava; as such, it leverages Kava’s existing validators for security, bridges for cross-chain asset transfer, and partners services such as Chainlink oracles for price-reference dataKava is the best coin tfor ivesting but yet people dont see the importance of all these stuuf going on around here most cjeez was there effect. Gandhi sack swan Olivia, Devan 2$ Sheena looks lol KGB fun such Schmidt evenly after servant jungle install Tedd thinking, Edna, munch McInnis, Buffy, Higginbotham inning, kava before answering the exam int his question no one must be a
Fufisoq
Pros
- it is a new innovation
Cons
- It is terrible
