Rubic is proud to announce that we have added the Kava Network (KAVA) to our list of supported networks. From now on, assets can be easily transferred between the Kava Network and the other 8 chains, including Ethereum and BNB Chain. Rubic will deliver Kava Network users a convenient means for token transactions, dApp ecosystem participation, and more.
Benefits of the integration
Rubic has been dedicated to building an ecosystem of blockchains since its launch. We’ve made significant progress towards our aim of enhancing the Cross-Chain ecosystem, by integrating with a wide range of blockchains over the last several months. With Kava, the total number of Rubic’s chains available for cross-chain swaps will be 21.
From now on, our users can implement Cross-Chain trades between Kava and Avalanche, BSC, Bitgert, Celo, Cronos, Ethereum, Polygon, and Telos.
For the integration of the Kava Network, Rubic’s Development team completed the integration of 2 DEXs on Kava: JupiterSwap, a leading AMM DEX on Kava.eth chain and Photon Swap. These DEXs are not rich in liquidity right now, so tokens can be mainly bridged.
What is Kava?
The Kava Network is the first Layer 1 blockchain to combine the speed and scalability of the Cosmos SDK with the developer support of Ethereum.
The Kava Network empowers developers to build for Web3 and next-gen blockchain technologies through its unique co-chain architecture, which we will speak about later.
Let’s dive into Kava’s numbers:
- Kava’s TVL is over $285M
- Market Cap is currently around $439.4M
- The average 24h Trading Volume is $33M
- Kava’s ecosystem unites more than 60 different projects including Curve, Gate.io, and Kraken
- Kava has 4 native dApps: Kava Mint, Kava Lend, Kava Swap, and Kavacave
- Seamless interoperability
The Ethereum and Cosmos Co-Chains interoperate seamlessly with each other, empowering developers to build in whichever environment they want without sacrificing access to the users and assets of the other.
2. Optimized scalability
The Kava Network’s unique architecture enables the free flow of users, assets, and projects between Kava and the industry’s most relevant ecosystems at scale, all powered by the lightning-fast Tendermint Core consensus engine.
3. Rapid ecosystem growth
Innovative and transparent on-chain incentive programs ensure that the best builders in the Ethereum and Cosmos ecosystems are properly rewarded for driving growth for the Kava Network.
Read more about KAVA here:
How does KAVA work?
To understand how this integration helps the cross-chain ecosystem, we first need to understand the core components of Kava.
- Co-Chain Architecture
The most important feature of the Kava Network is its co-chain architecture, enabling developers to build and deploy their projects using either the EVM or Cosmos SDK execution environments, with seamless interoperability between the two. The following diagram shows how the system will function once the Kava 10 upgrade is complete and the Kava Network mainnet goes live.
2. Kava Network
The co-chains of the Kava Network operate like the two hemispheres of the brain. The Cosmos Co-Chain is optimized for Cosmos ecosystem developers. The Ethereum Co-Chain is optimized for Ethereum ecosystem developers. The Translator Module connects the two distinct execution environments of the Co-Chains, allowing them to work seamlessly together at scale.
This packages the industry’s two most used execution environments within a single network. Ethereum meets Cosmos via the Kava Network’s robust, developer-optimized Layer 1 architecture.
3. The Ethereum Co-Chain
An EVM-compatible execution environment that empowers Solidity developers and their dApps to benefit from the scalability and security of the Kava Network.
4. The Cosmos Co-Chain
The Cosmos co-chain is a highly-scalable and secure Cosmos SDK blockchain that connects Kava to the 35+ chains and $60B+ of the Cosmos ecosystem via the IBC protocol.
By optimizing the two biggest decentralized ecosystems, the Kava Network enables huge growth in the future of cross-chain.
Kava x Rubic
Rubic’s users will be able to implement Cross-Chain swaps between Kava and Avalanche, BSC, Bitgert, Celo, Cronos, Ethereum, Polygon, Telos networks.
The tokens that are available for swapping from Kava to supported chains are KAVA, WKAVA, USDT, USDC, ETH, DAI, WBTC, BUSD, BNB, SUSHI, MAI, ANN, BIFI, CRV, QI, eTIDE and SKILL. You can swap any other token supported by Rubic from the source chain to Kava. However, they can only be swapped to the coins that mentioned earlier.
About the Kava Network:
DeFi Llama: https://defillama.com/chain/Kava
Rubic is a One-Click Cross-Chain Aggregator which allows users to swap any of 15,500+ tokens, across 20 blockchains, and receive the best rates from all leading trading providers. Rubic includes On-Chain & Cross-Chain swaps for Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Arbitrum, Gnosis, Fuse, Celo, Optimism, Moonbeam, OKC, Boba, Tron, Moonriver, Cronos, Bitgert, and Bitcoin; with seamless fiat on-ramps and more!
Rubic provides the tools for crypto projects to become fully interoperable between blockchains, with an easy-to-install widget and a fully-customizable SDK. Rubic is already servicing more than 130 projects! Installation of Rubic’s SDK or Widget unlocks DeFi for any project, with access to over 15,500+ tokens across 20 blockchains, all available right on your website or inside your app.
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