KavaLabs Announces Agreement for Harvest.io Cross-Chain Currency Business

According to the press release, Kava Labs announced the approval of the new product "Harvest". The platform allows users to earn money by borrowing and mining BTC, XRP, BNB, BUSD, KAVA, USDX and other assets. When the initial notes are sent, they will support BTC, BNB, BUSD, USDX trader deposit and HARD support. The second version provides loans and lending support for these assets and extends the management of the HARD chain. According to development, on September 21, Harvest v1 testnet will be tested internally and externally. On October 15, with the launch of the Kava-4 mainnet, Harvest v1, HARD distribution began, BTC, BNB, HARD and USDX liquidity provisioning and HARD incentives. On December 30, Harvest v2 continued Management Collection. The maximum number of HARD tokens is 200 million, and distribution will be affected by Liquidity Services and Lending Users (40%), Base (25%), Kava Stakers (20%). , Groups (10%), IEO (5%).