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Kava EVM celebrates its one-year anniversary, unlocking more possibilities for the Kava ecosystem.

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According to the Kava community vote, all emissions will permanently end on December 31, 2023.

Source: Kava

Kava Milestones

Since the successful launch of Kava EVM in May 2022, more and more users and excellent developers have come to Kava in just one year, and the adoption and usage on the chain have exploded with their arrival. According to DeFillama data, as of the publication of this article, more than 110 protocols have been successfully deployed on Kava, and TVL has reached 250 million US dollars. With the huge growth in Kava's ecosystem adoption, infrastructure expansion has also made considerable progress from the perspective of software and node performance, and additional developer resources have made it easier for developers to build and develop on Kava EVM.

Kava 12 mainnet successfully launched

Kava 12 mainnet brings innovative DAO technology to the Cosmos ecosystem.

Kava 13 mainnet is about to launch

Starting from the first quarter of 2023, more and more Cosmos and EVM dApps have been successfully deployed, resulting in significant growth in the Kava ecosystem. With the increasing demand, Kava's need for speed, security, and performance has also grown. To meet this demand, the Kava 13 mainnet upgrade will deploy architecture enhancements to help developers scale and accelerate their protocols, and optimize the user experience of the entire Kava ecosystem. At the same time, parallel request processing will significantly enhance the transaction processing of EVM software and lay the foundation for node database sharding to handle the continuous growth of transaction and usage volume.

Kava Strategic Vault

Create Kava Strategic Vault to provide financial security for the growth and security measures of the entire Kava ecosystem. For more information, please visit here.

Partnering with Akash

Akash has allocated 2.5 million AKT to Kava Strategic Vault to jointly promote decentralized infrastructure with Kava. For more information, please visit here.

Uniswap deployment is in progress

The proposal related to the deployment of Uniswap v3 on the Kava EVM network has passed the second stage (out of three stages) of the Temperature Check vote with a 100% approval rate.

Over 110 protocols successfully deployed on Kava

Having a thriving ecosystem is the key factor for the success of all blockchain projects. Kava will continue to optimize the growth of its ecosystem and seek to onboard more innovative projects. In the future, we plan to focus on several key technological improvements, including implementing sharding and sidechain technology to improve scalability, strengthening our interoperability with other blockchains, and optimizing our security protocols to provide better protection for user assets.

Future Core Planning

The future core plan mainly revolves around three points: adoption, security, and governance. These three core points, as well as important first-tier partnership relationships, will lay the foundation for Kava's ecosystem to achieve exponential adoption.

Using

Kava's unique EVM and Cosmos design support native stablecoin issuers to integrate with it. In addition, all major cross-chain bridges and trading platforms can also integrate with Kava, making it easier for projects to launch and connect than on any other Layer 1.

Kava can leverage this by allocating these native stablecoins to each Cosmos application chain, including Osmosis, DYDX, Injective, Cosmos hub, Juno, etc.

· Integrate major stablecoins to make Kava the center of native stablecoins for all Cosmos application chains.

· Integrate EVM into all major cross-chain bridges (LayerZero, Wormhole, Multichain, Axelar).

· Select your preferred packaged assets (such as BTC and ETH).

Kava EVM integration on the trading platform will not only provide more DEX liquidity for native projects launched on Kava, but also more ecological investment and CEX liquidity. Focusing on project success is an important measure to increase Kava adoption.

Security

The security will have two main focuses, including node availability and software scalability.

Currently, Kava EVM software can undergo significant optimizations to handle the large volume of transactions and requests it receives. Kava will continue to invest significant resources in research and development to optimize request processing in this new field.

The performance and availability of the

node, which involves receiving and processing requests, interacting with validators, and ultimately decentralizing the network, have significant room for optimization and improvement. Currently, Kava processes billions of transactions per month, but it is not feasible for non-global organizations to handle all of these requests. Optimizing software and horizontal scaling for access gateways and nodes distributed globally to meet service requirements is a major area of ongoing research and development.

治理

Governance

Kava launched with full-featured governance that is aligned with Cosmos software and the Cosmos ethos on its first day, and will continue to lead in innovative self-sovereign software governance, extending these to Kava EVM, including expanding governance modules to EVM, EVM transaction simulation to maintain consistency with Cosmos and EVM (governance) messages, and pre-compiled smart contracts to achieve seamless interaction between EVM and Cosmos messages and governance.

Additionally, as previously outlined in other community announcements, articles, governance proposals, and votes, Kava Horizon is being implemented through two separate foundations to manage the ongoing development and maintenance of the public and permissionless Kava blockchain. The majority of emissions will flow to these two foundations until the end of this year, when staking rewards will decrease. According to community voting, all emissions will permanently end on December 31, 2023, and software upgrades will be released to modify the flow of all rewards (such as POS staking, Kava Rise incentives, Grants, etc.) through programming or governance of these two foundation institutions.

Kava governance will remain at the forefront of innovation, striving to maximize the surface area of governable parameters in the code, enabling global users to participate in shaping Kava's permissionless network and continuing to expand its decentralized footprint worldwide.

Summary

In short, the Kava community, ecosystem, and software are all moving towards the path of large-scale adoption and comprehensive network interoperability. This is a unique technology in the blockchain ecosystem field. Although Kava faces many technical challenges, the Kava community is confident in solving these challenges as Kava continues to achieve the goal of combining Cosmos' speed and interoperability with Ethereum's development capabilities.