Blockchain News

Earn High Yield on Your Stablecoins with Kava Earn

Kava has some of the highest APYs around for stablecoins during this bear market!

Kava Stablecoin Earn

Finding high-yield returns on stablecoins has been difficult throughout the bear market, but the lesser-known Kava Earn platform delivers just that - up to 15% Annual Percentage Yield (APY) on stablecoins.

Right now, Kava supports USDT, BUSD, DAI, and USDC stablecoins. Kava also supports BNB and its native token, KAVA.

Source: Kava

You can supply stablecoins by first bridging to Kava via Binance Chain (not to be confused with BNB Chain) by following the detailed guide here.

Source: Kava Guide

After bridging assets, you can simply go to https://app.kava.io/earn and choose the corresponding earning strategy for your stablecoin.

While there, feel free to look around at the various yield farming and lending options that offer competitive yields at a time where higheer APYs are hard to find.

What is Kava:

The Kava Network is a fast and secure Layer-1 blockchain featuring a unique co-chain architecture that combines the speed and interoperability of the Cosmos SDK with the flexibility and developer support of the Ethereum Virtual Machine (EVM). The Kava Network powers a suite of native DeFi products, including decentralized swap pools and collateralized lending and borrowing, with a full ecosystem of 3rd party EVM and Cosmos SDK-based protocols under development. The Kava Network will empower developers to build for next-gen blockchain technologies through its unique co-chain architecture.

Where to find Kava:

Website | Twitter | Discord | Telegram | Medium |

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