On February 14th, 2024, Kava’s native DeFi lending and borrowing project – Hover – will launch on DAO Maker with the public sale of its native $HOV token. The sale follows the successful genesis pools sprint, which crossed over 15.3M USD total value locked across $KAVA, $ATOM, and $USDt. Hover aims to raise 1M USD, with 3.6% of $HOV’s total supply available on DAO Maker.
February 12th – London – Hover, the non-custodial lending and borrowing protocol from the Kava ecosystem, will launch its public sale on DAO Maker on February 14th. The market launch and the public sale follow the success of Hover’s increasing APY Genesis Pools sprint that runs from November 2023 through February 2024 and generated over 15.3M USD total value locked across $KAVA, $ATOM, and $USDt pools. Hover announced that those who deposit to their Genesis Pools before the market launch on February 21st will keep receiving increased APY for 4 more weeks – until March 18th.
With over 100 successful proj
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