In case you miss it, wKAVA rewards for the Axelar stablecoin 3pool are LIVE on Curve on the Kava EVM ⤵️

kava.curve.fi

Not familiar with the Axelar Bridge yet? Here are a couple of instruction links below: Instruction video:

youtu.be

Medium instruction guide: shorturl.at/qrxQ1

Merry Christmas! 🎄 Farm KAVA with BNB for a limited time on Kava Earn. Proposal #119 kicks off the BNB Surge Event, per a governance vote. Vote now: bit.ly/voteBNB

Happy Christmas Eve! 🎄 Farm KAVA with BNB for a limited time on Kava Earn. Proposal #119 kicks off the BNB Surge Event, per a governance vote. Vote now: bit.ly/voteBNB

Happy Holidays! 🎄 Farm KAVA with BNB for a limited time on Kava Earn. Proposal #119 kicks off the BNB Surge Event, per a governance vote. Vote now: bit.ly/voteBNB

📣 Attention to the Kava community 📣 We are surveying to collect the users' experience with the recent rewards changes and reinstated vesting periods. Please take a few minutes to respond to these questions promptly. Thank you, and your feedback will be valuable. Please take the survey here.

Happy Holidays! 🎄 Farm KAVA with BNB for a limited time on Kava Earn. Proposal #119 kicks off the BNB Surge Event, per a governance vote. Vote now: bit.ly/voteBNB

The Axelar Launch unlocks tons of value by allowing users to bridge assets from all 29 Axelar chains to Kava via

satellite.money

🛰 Bring your assets to Kava now ➡️

bit.ly

Kava's thrilled to share the brand new, dedicated forum open on Commonwealth. Let's connect, discuss, and share our Web3 journey.

commonwealth.im

You will be required to log in with your Kava wallet. You can always create a new wallet if you want to be anonymous.

This AMA is about to start on the Certik Discord server. AMA with Ruarhid O'Donnell, Kava Sr Engineer.

twitter.com

twitter.com

It is happening in twenty minutes. This group will be muted when the AMA begins.

The Binance Learn & Earn campaign with Kava is ending soon — Participate now to earn KAVA before it's too late ⌛️

twitter.com

Kava's thrilled to share the brand new, dedicated forum open on Commonwealth. Let's connect, discuss, and share our Web3 journey.

commonwealth.im

You will be required to log in with your Kava wallet.

Big news for Kava community contributors! DAO Labs announces the Soft Launch of Kava Hub ➡️ 1. Complete tasks on the Kava Hub platform. 2. Help us amplify the Kava brand. 3. Earn points to exchange for KAVA and grow your Kavalry clout. All Kava community members are invited to join the platform and start contributing and earning KAVA tokens. Start the Kava Hub onboarding process at

community.kava.io

Learn more:

medium.com

USDX incident update: Last night, I was in a meeting discussing the USDX incident that occurred almost a month ago when the USDX was manipulated to $250 on AscendEX, which liquidated users on the Kava app. My colleague and I are launching an initial investigation to determine how much each affected user lost to auctions. If you think you were affected by the incident, please DM me your address, assuming you believe you were affected. If you have already shared with me your address, there is no need to follow up again.

⚠️ Attention to the Kava community ⚠️ This is a friendly reminder: If you’ve supplied USDX, HARD, or AKT to Lend, we recommend you repay all your borrow positions on the Lend protocol to avoid liquidations. We will give users sufficient time before we take any action to give everyone time to close their borrow positions before the change goes into effect on the Lend protocol. You have until December 15th (This Thursday) to close your borrow positions against your supplied HARD, AKT, and other assets. We recommend you take urgent action to close your borrow positions, or these positions will be liquidated after proposal #114 passes. Importantly, you have till January 10th, 2023, to close your borrow positions against your supplied USDX and other assets. We want to give you extra time to close your borrow positions against USDX accordingly. Or these positions will be liquidated after the deadline passes as well. Please see the FAQ here first before you ask any more additional questions.

The BUSD and XRPB deputy wallets are almost empty. It would be best if you don't initiate BEP3 transfers for BUSD and XRPB until they get topped up. Thank you for your patience; we have already been in touch with Binance. You can track the deputy wallet balances in real-time: BUSD:

explorer.bnbchain.org

XRPB:

explorer.bnbchain.org

In case anyone missed the announcement from this morning. KAVA gets listed on BitGet for fast and easy crypto trading + bonuses!

twitter.com

⚠️ Attention to the Kava community ⚠️ This is a friendly reminder: If you’ve supplied USDX, HARD, or AKT to Lend, we recommend you repay all your borrow positions on the Lend protocol to avoid liquidations. We will give users sufficient time before we take any action to give everyone time to close their borrow positions before the change goes into effect on the Lend protocol. You have until December 15th to close your borrow positions against your supplied HARD, AKT, and other assets. We recommend you take urgent action to close your borrow positions, or these positions will be liquidated after proposal #114 passes. Importantly, you have till January 10th, 2023, to close your borrow positions against your supplied USDX and other assets. We want to give you extra time to close your borrow positions against USDX accordingly. Or these positions will be liquidated after the deadline passes as well. Please see the FAQ here first before you ask any more additional questions.

⚠️ Attention to the Kava community ⚠️ This is a friendly reminder: If you’ve supplied USDX, HARD, or AKT to Lend, we recommend you repay all your borrow positions on the Lend protocol to avoid liquidations. We will give users sufficient time before we take any action to give everyone time to close their borrow positions before the change goes into effect on the Lend protocol. You have until December 15th to close your borrow positions against your supplied HARD, AKT, and other assets. We recommend you take urgent action to close your borrow positions, or these positions will be liquidated after proposal #114 passes. Importantly, you have till January 10th, 2023, to close your borrow positions against your supplied USDX and other assets. We want to give you extra time to close your borrow positions against USDX accordingly. Or these positions will be liquidated after the deadline passes as well. Please see the FAQ here first before you ask any more additional questions.

⚠️ Attention to the Kava community ⚠️ This is a friendly reminder: If you’ve supplied USDX, HARD, or AKT to Lend, we recommend you repay all your borrow positions on the Lend protocol to avoid liquidations. We will give users sufficient time before we take any action to give everyone time to close their borrow positions before the change goes into effect on the Lend protocol. You have until December 15th to close your borrow positions against your supplied HARD, AKT, and other assets. We recommend you take urgent action to close your borrow positions, or these positions will be liquidated after proposal #114 passes. Importantly, you have till January 10th, 2023, to close your borrow positions against your supplied USDX and other assets. We want to give you extra time to close your borrow positions against USDX accordingly. Or these positions will be liquidated after the deadline passes as well. Please see the FAQ here first before you ask any more additional questions.

REMINDER: Please, remember to have your positions closed at the end of next week.

twitter.com

Hello new telegram users from the Binance AMA. Welcome to Kava! Please, make sure to register here to participate in the #Binance $10K on-chain $KAVA Sweepstakes! kava.io/binance

📣 Attention to the Kava community 📣 We are surveying to collect the users’ experience and usage of the Kava 11 features. Please take a few minutes to respond to these questions promptly. Thank you, and your feedback will be valuable. Please take the survey here

Tune in at 13:00 PST (21:00 UTC) for an AMA with Scott Stuart, CEO of Kava Labs on Twitter Spaces. Be sure to prepare all of your questions. We look forward to seeing you!

twitter.com

Q&A on Props #112 and #113 Why are the 1-month and 12-month vesting periods being brought back? We’ve heard the community’s feedback on props 112 and 113, and we’d like to address it. The two proposals aim to strengthen the long-term yield strategies for users, which are affected by two features launched on the K11 upgrade. We have listened to the feedback from our community, especially from our more experienced users, that expressed very early after the K11 launch that removing the vesting period hurt their long-term yield plans. How does it benefit the users in the long term, and does Kava benefit any of it? We firmly believe these props correct a situation created in the last release and that our DeFi community will warmly welcome it. These changes empower users to multiply rewards via vesting periods or receive liquid benefits promptly by leveraging any Kava protocols or a combination. At Kava, we do not seek immediate benefits. Instead, we want to be close to all users and offer high APYs and accessible tools without resorting to short-term. That's the reason behind reinstating vesting periods and reducing incentives for bKAVA, Kava Mint, and Kava Swap.

Happy Thanksgiving to everyone who celebrates Thanksgiving in the USA 🦃 I will be off until Monday, but I will keep an eye out for scammers or help that needs urgent attention. Please be safe and don't get fooled by imposters or anyone who direct-messages you offering their help service!

Someone bid up the USDX price on AscendEX for 5 minutes, causing the USDX price to act up. Meanwhile, the on-chain price rosed to $6 for 17 minutes per the 720 TWAP. Therefore, it led to lots of liquidations happening. Eventually, everything returned to normal. All assets are safe, and none of the protocols was affected.

VOTE NOW: Proposal #111 to add the BNB Earn vault. Also, it will temporarily halt the DAI Earn incentives, pending a bug fix. Plus, it will fix the typo in the Kava Lend parameters for XRPB incentives.

app.kava.io

CONFIRMED: KAVA Trading is now LIVE on Binance.US!

For anyone who struggles to withdraw BUSD from the Kava web app, Binance's BUSD Deputy Wallet is running very low on funds -

explorer.bnbchain.org

You will need to wait till it gets refilled. You can check the wallet balance in the link posted above. Someone from the Kava team already reached out to the Binance Deputy team earlier this morning. The same goes for the BTCB deputy wallet running low on funds.

explorer.bnbchain.org

The web app API has been restored. The web app should be functioning back to normal as usual.

The webapp API is down. It is already being worked on to have it back online. The minimum downtime is 10 minutes.

Direct Links to voting on the Kava App: Prop #103 - Community pool deposit to Earn

app.kava.io

Prop #104 - Adjusts Kava incentive rewards for Swap, Lend, and Boost and KAVA stakers - Adds parameters for Multichain Dai, USDT to earn

app.kava.io

Prop #105 - Kava Rise September Payouts

app.kava.io

Prop #106 - Kava Rise September Payouts

app.kava.io

Prop #107 - Kava 11 Testnet Competition Winners (Part A)

app.kava.io

Prop #108 - Kava 11 Testnet Competition Winners (Part B)

app.kava.io

Revive IBC Client to Terra

app.kava.io

Updates from the community feedback meeting today: Regarding the gas fees, the high fees, specifically for liquid staking, are only temporary till the bugs are addressed. The prioritized mempool will be introduced to the Kava app by the end of the year. In case anyone is curious about more assets coming to the Kava app besides stablecoins. The market conditions are so volatile that the team is concerned about potential liquidations for users if the market conditions worsen. Therefore, the focus on stablecoins remains the top priority for now. USDX de-pegged: it turned out there is still some bad debt left from the Terra collapse (I thought the debt was already taken care of), but it is likely why it's dragging down the price a bit. But most of the debt got taken care of. I am still waiting to receive a specific timeline for the bad debt getting erased or re-pegged. Scott is already briefed on this. Moving forward with governance proposal discussions, I will inform everyone in the community when the discussion forum is launched. You will have an opportunity to engage with the team in discussions. It is a small project I have been working on for a while. HARD and SWP: Scott almost tweeted a thread last Friday about changes to SWP and HARD tokens, but he decided to hold it back to update the statement and wording. But we are hoping he will tweet the thread soon. We will encourage him to post it as quickly as possible by the end of this week. Proposal #103: This proposal isn't taking 25 million tokens out of the community pool. Instead, the community pool supplies what it owns to the Earn protocol but retains all ownership of its KAVA. It has been in discussions for a while about the Liquid Staking APY. It has been mentioned that the target APY of vanilla and liquid staking combined would be in the ~25% to 30% range. If it gets dipped below the target range, additional rewards will be added to the incentives pool. Kava Foundation will not dilute the APR earned by stakers. Please do follow up if you have additional questions.

📢 Kava's October Newsletter is out! It's been a busy few months, and there's much to cover. To get the news straight to your inbox, be sure to subscribe on Medium👍

Hello everyone. Default gas amounts have been increased for liquid staking, so users should see less out-of-gas errors now. The engineering team is still working on the bug. However, it is guessed that if users try to supply a lower amount, it might go through with the bug. Please let me know if it isn’t the case.

Here are the article as promised: Introducing Kava 11: Unlocking Exponential Growth How to Get High APY with USDC in Kava Earn KAVA Earn Strategy : KAVA Liquid Staking for High APY How to Earn Boosted Rewards With the KAVA/USDC Sushi Pool

Q: Do I need to un-delegate my staked KAVA to participate in Kava Earn? A: No. You can supply your delegated or un-delegated KAVA to the Kava Earn. Q: I noticed I only could supply a small amount of KAVA to Kava Earn. I have much more than that. Why is that? A: Did you un-delegate your KAVA before you attempted to supply KAVA to Kava Earn? If yes, they are stuck in the un-bonding period for 21 days until they become available in your wallet. Q: The reward APRs seem to be high. Is that normal? A: Yes, but it doesn't typically last that long. When the TVL starts at zero, users initially jump in by supplying their assets to earn rewards, but the APR will drop rapidly as the TVL grows. Q: I noticed my staked KAVA is gone on an explorer after I supplied them to the Kava Earn. Are they disappeared? A: No. Your KAVA is now supplied to the Kava Earn. The explorers will need to do some updates on their end. We will collaborate with them to get this fixed if required. Q: Are bKAVA transferable yet? A: No, not at the initial launch. However, bKAVA will be made available to transfer to different protocols shortly!

Binance deposit/withdraw actions are disabled as we approach the upgrade period. The main webapp will remain live for another ~17 minutes before the maintenance page goes up.

FINAL COUNTDOWN: Kava 11 Liquid Mainnet goes LIVE in 24 hours⌛️ Countdown to block #2,098,400:

www.mintscan.io

twitter.com

VOTE NOW: Proposal #102 to activate Kava 11 Mainnet is LIVE

app.kava.io

Kava 11 Testnet participants, get ready for DOUBLE rewards! Kava has heard the community's feedback during the K11 Liquid Testnet. To ensure that Kava's greatest upgrade EVER launches without a hitch, we have moved the K11 launch date and extended the Testnet + Giveaway to October 26th. To reward K11 Testnet participants for their efforts, Kava has DOUBLED both rewards and eligible winners! 💰10K in KAVA 🏆400 chances to win ⏳2x rewards for the ENTIRE duration of the Testnet! Find out how to participate if you haven't tried yet -

medium.com

Hello, Kava Validators and everyone. A testnet user reported a bug that requires us to postpone the Kava-11 mainnet upgrade. We recommend voting NO on proposal 100. The engineering team has identified the root cause of the bug and will write additional tests to cover some edge cases we missed. We are targeting the Kava-11 upgrade for October 26th and will post a new governance proposal in the coming week. Thank you, validators, and many thanks to the Kava testing community for reporting the bug. We will follow up with individuals about a bug bounty.

The Kava Binance bridge is not affected by the ongoing Binance Smart Chain pause. BNB Beacon Chain <> Kava transfers continue to function as normal and all BNB is 100% backed.

VOTE NOW: Proposal #100 to activate Kava 11 Mainnet is LIVE 🗳

app.kava.io

JUST IN: Sushi Swap rewards are now LIVE on Kava! Up to $14m in Rewards 📈 Earn now!

app.sushi.com

Only 24 hours until SUSHI + KAVA rewards go live!

Want to earn part of $10,000 in KAVA? The Kava 11 Liquid Testnet Giveaway begins NOW💰 Find out how to participate:

medium.com

Important note: If you discover a bug you want to report to the team, please take your time to fill out this form and describe the bug with as many details as you can.

The engineering team is working tirelessly to fix a few minor backend bugs. Thank you for being so patient. We cannot wait for the community to start testing the testnet app as soon as possible!