KAVA , A trusted friend in 2021

As i write this short piece about a coin I own, I reflect on the entry price in Jan 2021. $1.36


Now, at $6.37

Image from CoinMarket Cap

Here we are in October, in a Bull market awaiting even higher prices than todays $ 6.37.
We had an ATH of $8.31 during my investment period from Feb on till today. So, 468 % at the moment. But it did see 611%.

I should have added to the title of this post, that Kraken is awesome for Staking your KAVA. Kraken pays rewards to users that keep or Stake their Kava on the Kraken Staking platform with NO Lock-ups & NO Limits. This means you can Unstake any or all of your KAVA at anytime. It only take a few minutes to Stake or Unstake. Did I mention the rewards for Staking KAVA on the Kraken Exchange is 20%. Yep 20%. That adds up quick.


KAVA was first listed on Kraken for trading back in July of 2020 and in Dec of 2020 added the ability to stake. Kava is a decentralized platform for borrowing and lending assets without the need for a traditional financial intermediary. One thing that makes Kava unique is that it is built on Cosmos rather than Ethereum like most other DeFi projects .



It is near impossible to find a safe place to make 20% APY on your currency. Kraken is helping KAVA catapult the trusted DeFi protocol towards becoming the hottest "interest" amongst crypto hodlers. The time for you to look into KAVA is now. (Please, read the risk disclaimer below)


With a vibrant community of users, KAVA is active on Discord, Twitter, Telegram,Youtube, Medium, and Github. Self proclaimed as DeFi's safest place to grow your crypto. The Kava platform supports TrustwalletApp and Ledger.


 

FNL content including, but not limited to, articles, podcasts, videos, live streams, and websites are intended for informational purposes and should NOT be considered financial, investment, tax, legal, nor trading advice. Cryptocurrency, futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. https://futuresnetworks.live/risk_disclaimer



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