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Proposal to incentivize L1 blockchain Injective to adopt USDt passed

Proposal to incentivize L1 blockchain Injective to adopt USDt passed

CointimeCointime2023/10/26 16:57
By:Cointime

Kava has announced on the X platform that its proposal to incentivize the adoption of USDt by L1 blockchain Injective has been approved. Injective blockchain is seeking to boost the liquidity of Kava's native Tether USDt in the BTCUSDT">BTC/USDt and ETH/USDt perpetual markets, requiring 250,000 KAVA as an incentive. After the proposal is accepted, 125,000 KAVA will be paid immediately and subsequent proposals will be submitted to pay the remaining 125,000 KAVA.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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