Tuesday, October 20, 2020
No menu items!
  • News
  • Bitcoin
  • Cryptocurrency
  • XRP News
  • Contact Us
More

    Users to Earn With BTC, XRP, LINK, and Four Others on This New Decentralized Finance (DeFi) Platform

    Must Read

    XRP Targets $0.3 As Number of XRP Whales Keep Increasing

    XRP, the fourth largest digital currency by market capitalization, started the week with over 2% price appreciation. And it...

    Tech Firm Using Chainlink (LINK) To Record United States Election Results on the Blockchain

    In collaboration with the Associated Press, the tech startup Everipedia will sign and distribute election results on the blockchain...

    US Fed Chairman Jerome Powell: United States Central Bank Is Exploring CBDC

    Jerome Powell, the United States Federal Reserve Chairman, has today said that the central bank is committed to exploring...
    Tobi Loba
    Tobi Loba
    Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to fulfill her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.




    Harvest, a new decentralized finance (DeFi) platform built Kava blockchain, is on the verge to launch services that will enable users to lend, borrow, and earn with Bitcoin (BTC), Ripple’s XRP, and three other digital currencies.

    Aside from Bitcoin (BTC) and Ripple’s XRP, Harvest will also support Binance Coin (BNB), Binance USD (BUSD), Chainlink (LINK), KAVA, and USDX.

    According to the update, the DeFi platform will utilize Kava’s governance token HARD, which is meant to grant users a say in guiding the decentralized finance platform.

    In a post on Medium, Brian Kerr, the co-founder and CEO of Kava, shares as follows:

    “Collectively, HARD holders are responsible for managing key parameters of Harvest such as what assets are to be offered, how rewards are distributed amongst assets, as well as set any platform fees, etc.

    HARD tokens will also be used to incentivize early participants giving them a voice in the ongoing evolution and management of Harvest.”

    Kerr added that the community should look forward to seeing the launch of full supply and borrow services by Kava Labs on the DeFi platform, Harvest, by the end of 2020.

    About the New DeFi Platform Harvest

    According to the blog post, Harvest is the world’s first cross-chain money market that allows users to earn more with their crypto assets.

    The platform will offer users the opportunity to supply digital assets for lending and earn interest in the process. They can as well use their crypto assets as collateral for borrowing. Harvest’s governance token known as HARD will be earned by both borrowers and lenders.

    Join us on Twitter

    Join us on Telegram

    Join us on Facebook




    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest News

    XRP Targets $0.3 As Number of XRP Whales Keep Increasing

    XRP, the fourth largest digital currency by market capitalization, started the week with over 2% price appreciation. And it...

    Tech Firm Using Chainlink (LINK) To Record United States Election Results on the Blockchain

    In collaboration with the Associated Press, the tech startup Everipedia will sign and distribute election results on the blockchain using Chainlink (LINK), a distributed...

    US Fed Chairman Jerome Powell: United States Central Bank Is Exploring CBDC

    Jerome Powell, the United States Federal Reserve Chairman, has today said that the central bank is committed to exploring the potential costs and merits...

    Opinion That Says XRP Could Become the World’s Reserve Currency Meets Mixed Reactions

    A stern XRP advocate has made some attention calling statements on a recent episode of The Alex Jones Show, telling one of the most...

    Google Scholar: Cardano’s Ouroboros Paper is the Second Most Cited Paper in Crypto and Blockchain

    According to the recently released ranking by Google Scholar, Cardano’s Ouroborus paper is the second most cited academic paper in the crypto and blockchain...

    More Articles Like This