$KAVA empowers, @kava borrows to build a new benchmark for Layer-1 with #KavaBNBChainSummer
What should Layer-1 be like? @kava provides the answer with #KavaBNBChainSummer : it has the developer-friendly features of Ethereum, the performance advantages of Cosmos, and a healthy ecosystem driven by $KAVA —550 new DApps, 320,000 staking users, and 820 million TVL added during the event, all the best annotations.
Its uniqueness lies in 'balance': on the EVM chain, developers can migrate projects without changing code; a certain DeFi protocol went from deployment to launch in just 3 days; on the Cosmos chain, users have transfers arriving in 1 second, with gas fees as low as $0.01, and no more lags in chain games. This experience led to a 200% surge in daily active users during #KavaBNBChainSummer , with 60% coming from the BNB Chain, proving the effectiveness of cross-chain traffic.
KAVA here is the 'blood of the ecosystem': earn 38% annualized from staking, governance decides cross-chain fees, and even AI loan systems settle using KAVA—one user saved 40% on interest with smart-matching cross-chain loans compared to single-chain solutions. @kava allocated 260 million of its 750 million fund to practical projects, avoiding the 'spending money for data' false fire.
#KavaBNBChainSummer is the 'show of strength' for @kava . #KavaBNBChainSummer proves that the competition for Layer-1 ultimately comes down to competition in ecosystem and experience, and the dual-chain ecosystem driven by $KAVA is becoming a new industry benchmark.