Kava Development Update – Kava Labs Blog

The last few months have been spent updating and hardening the codebase for Kava’s CDP platform. The core functionality of the CDP system has been updated to take full advantage of the latest features in the cosmos-sdk, namely module accounts and on-chain upgrading procedures. We now have the most versatile system for adding new collateral, debt, and general platform variable adjustments, maximizing the amount of parameters that can be modified via governance.

The main functionality of the CDP code has been completed and is now under review. A follow on PR will update the spec in a few days. If you want to get a deeper understanding of what we’re building and how Kava approaches DeFi, checkout the video I did with the NEAR team during SF Blockchain week.

We are currently expecting a successful CDP Testnet launch in the first few weeks of January 2020. If you’re interested in participating, follow our technical update communications on Riot where we’ll post all the information you need to get started.

We’ve published a number of guides to help our community and external partners interact with Kava.

We’re working to have BEP-2 Kava tokens migrated to the Kava main chain and should have an update within a few weeks. Some of the timing is beyond our control, but know that we are working hard to make it happen as fast as possible.

We are thrilled to add Denali Marsh to our distributed developer team. Denali is a full stack engineer who has spent the last six months mastering the ins-and-out of IBC while helping build Peggy, the first Pegzone built using the cosmos-sdk. Denali’s expertise in building on Cosmos and working on cross-chain protocols will be invaluable as Kava moves towards launching the first cross-chain DeFi platform.

We successfully launched Kava mainnet on Nov. 12th, 2019. The main development work that went into that release was the implementation of on-chain vesting. This code allows anyone to verify that the vesting schedule we have publicly outlined is enforced by the protocol. Technical information about how we implemented on-chain vesting, and how vesting is tied directly to validating the blockchain, can be found in the spec.