The Kava Network team announced via Twitter on Thursday that its incentive program, Kava Rise, is now active. Kava Rise is a $750 million on-chain developer incentive designed to attract the most innovative developers to the Kava Network.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is down by more than 6% in the last 24 hours and is trading at $2.366 at press time.