Proposal to incentivize L1 blockchain Injective to adopt USDt passed
Kava has announced on the X platform that its proposal to incentivize the adoption of USDt by L1 blockchain Injective has been approved. Injective blockchain is seeking to boost the liquidity of Kava's native Tether USDt in the BTCUSDT">BTC/USDt and ETH/USDt perpetual markets, requiring 250,000 KAVA as an incentive. After the proposal is accepted, 125,000 KAVA will be paid immediately and subsequent proposals will be submitted to pay the remaining 125,000 KAVA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PayPal Expands Portfolio with Solana and Chainlink Aiming for Greater Cryptocurrency Flexibility
Altcoin volumes are ‘more concentrated’ than ever
Altcoin trade volume has returned to pre-FTX levels, but with a shrinking pool of market leaders
XRP price sell-off set to accelerate in April as inverse cup and handle hints at 25% decline
US Treasury Targets Houthi Crypto Wallets, Financial Network
Trending news
MoreCrypto prices
More
