Kava Swap Mainnet Launch Aims to Build DeFi Hubs

[RSRS]

Kava Labs is releasing its new cross-chain liquidity hub for DeFi, Kava Swap.

Earlier this year, Kava Labs announced the launch of its newest project, “Kava Swap.” The new platform will be an application for all DeFi apps and financial services across the space.

Its central purpose is to allow for the aggregation of capital, which can then be deployed seamlessly to various blockchain ecosystems and other DeFi instruments.

Initially, Kava Labs built its own blockchain ecosystem, which led to DeFi apps’ development. At the beginning of the year, the network released a roadmap of the year ahead. In addition to the launch of Kava Swap, Kava plans for two other cross-chain bridges, ethereum, and bitcoin.

In its official write-up, Kava commented that the introduction of Kava Swap is the “third synergistic pillar” of the DeFi ecosystem its creating.

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