It is known to cryptocurrency users all over the world that Kraken Exchange garners a zenith position leading as one of the best crypto exchanges for trading and transacting cryptocurrencies online. Building on the DeFi-based blockchain algorithm, it has revolutionized the future of money, offering crypto-related business, ATMs payroll, and wallet services. Kraken has been renowned for adding to its bouquet of services new updates and innovative services on the go.
Kraken has also ensured that it partners with industrial conglomerates ensuring they offer customized trading solutions. Keeping up with the trends and doing complete honor to its mission statement, Kraken has now successfully added two new crypto assets to its well-laid table of offerings taking Decentralised Finance to the next level called Kava.
The spokesperson at Kraken confirmed the statement quoting,
Presented as “A Treasure Trove” of this year, Kava is a novel crypto offering serving on a Decentralised Platform facilitating sale and purchase transactions for all investors. Built on a similar robust foundation of blockchain, Kava has lured investors worldwide, especially because of the power-packed advantages.
Kava’s cynosure is not hassling, pestering the investor to go for conventional ways of trading and entirely doing away with any intermediary involvements. Going by the listing, a 4.5% annual staking reward has been allocated for Stakers on Kraken as an initial step. Kraken beneficiaries can savor these luxuries that they would be bestowed upon them twice weekly.
At the time of reporting this news item, KAVA has already outperformed against the US Dollar, taking a lead of 4.44%. Kava has also demonstrated glitzy-glamour price stints on many other money market exchanges. Of course, this is only the beginning of KAVA.