Kava Labs: Kava Announces It Enables Institutional Bitcoin Holders to Get over 45% APR
SAN FRANCISCO, CA / ACCESSWIRE / April 8, 2021 / Kava announces today that it enables institutions to earn +45% APR on Bitcoin holdings without counterparty risk. The Kava base-layer infrastructure has been optimized. Kava Labs released the Kava 5 upgrade to the public including its borrow-side functionality.
In Brief
This high APR has no counterparty risk
Institutional-level DeFi is now widely accessible
Bitcoin and others have enabled users to take control of funds removing the need for banks and middlemen. Now users can custody their digital assets, store value, and make payments without the fees.