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Kava Lets Institutional Bitcoin Holders Earn Over 45% APR without Counterparty Risk
Apr 9 2021 · 05:41 UTC | Updated
3 hours ago
Photo: Kava
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Kava stands out among other DeFi solutions thanks to its focus on cross-chain liquidity involving major assets such as Bitcoin and BNB.
Kava is paving the way for broader DeFi adoption by major institutions. Through its recent protocol upgrade, institutions will earn over 45% APR on Bitcoin holdings at no counterparty risk. This upgrade will bring a lot of attention to this ecosystem and the broader decentralized finance industry.
Institutional Investors Favor Bitcoin
People or institutions who enter the DeFi space will often look for the highest APR through yield farming, providing liquidity, or otherwise. However, it can be challenging to find the correct solution that will offer these high returns over an extensive period. As more and more companies begin setting up a Bitcoin treasu
Kava Announces It Enables Institutional Bitcoin Holders to Get over 45% APR
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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.