Hover Market;

The new DeFi Platform of the Market.

A new player has arrived in the KAVA’s Ecosystem.
Blockchain technology promises endless possibilities in every area where there is an internet. But the crypto produced by this technology will make the biggest change in the field of finance; it is doing…
Blockchain technology gives you the chance to transfer your money to the other side of the world in minutes, crossing country borders without having to rely on a third party or institution. With DeFi using distributed ledger technology, you can borrow, lend and earn many types of passive income without the need for banks or classical financial institutions by developing precarious smart contracts. The programmers who developed the DeFi projects have made great progress in the last 10 years.
A Non-custodial transaction on DeFi platforms is a service that does not trust a third party’s custody over the client’s assets. The transaction takes place using trustless smart contracts.
I think I need to put a brake on here. Do not conclude from what I have written that DeFi works perfectly. There are many problems even for the biggest DeFi projects today, especially due to their rapid growth. TVL impasse. Liquidity issues and the high volatility of crypto are the first ones that come to my mind.
However, the undeniable fact is that blockchain technology has shown that it can solve the financial problems or demands of a much wider audience much faster and cheaper. Developers are working hard and trying to create the perfect project for decentralized finance.
Today, I wanted to introduce you to one of the newest and most promising of them.

Hover Market starts with the partnership and strong support of Kava, which is one of the most diligent and, therefore, the most innovative projects of the cosmos ecosystem.
Hover market, deployed on kava-chain, which can use Cosmos Co Chain and EVM Co Chain together, is a corporate-quality lending protocol launched on Kava EVM. With the power of KAVA, Hover aims to become a centre where capital-efficient liquidity can be accessed instantly. Combining well-thought-out tokenomics, 24/7 risk monitoring solutions and a full-time public team, this platform has made a very ambitious entry into creating DeFi. On November 21, KAVA launched Genesis Pools with $ATOM and $KAVA native $USDt.

HOVER core team, which is planning Public Sales and TGE in the first quarter of 2024. You can access the project’s creation purpose, collaborative partners and tokenomics from the HOVER medium.
Hover’s Stake program not only offers passive income opportunities but also allows you to use your staked tokens as collateral and borrow the tokens you want from the platform’s pools. The Stake program provides you with discounts in many areas during the use of the platform. In addition, the borrowing limits issued through a Tier system have also been chosen very carefully.

There are 3 types of tokens defined on the platform for the proper execution of the system. You can access information about the function, usage of HOV, esHOV and XHOV and much more from Hover medium. I especially recommend that you read Their Litepaper.

You can access the outlines of Hover’s Stake Program and the characteristics of its Tokens from the infographic I have designed.

Contact info

For more information or to contact the team, please reach out through one of the links below.

Website: https://hover.market
Twitter: https://twitter.com/hover_market
Telegram: https://t.me/Hover_Market
Email: hello@hover.market