Kava Labs announced a new collaboration with the BNB investor club - BNB48.

The popular platform added in a press release that nether the agreement, BNB48 will human activity as a technical advisor for the Kava community and provide services such every bit professional product reviews and technical consulting services for Kava'south Chinese validators, staking users, and lending platform users.

From its part, Kava Labs will work with the BNB48 Club to raise awareness of BNB DeFi opportunities and assist BNB48 Social club to increment its community members participating in DeFi. Kava Labs volition consul a validator from BNB48.

This is not the first collaboration

This is not the commencement collaboration between Kava Labs and BNB48 Club, as BNB48 Society is i of the first users of the Kava lending platform. After BNB48 Club obtained the mandate from its Board of Directors, BNB48 Club participated in the Kava CDP platform and the USDX00 instrument.

Kava Labs added BNB equally an boosted asset to provide BNB holders with the largest returns. BNB holders can also participate in BNB on the Kava CDP platform and draw USDX, Kava'south stablecoin, in addition to earning additional coin bonuses in the protocol.

In the concurrently, both sides are working to plant a long-term future partnership to maximize the value of BNB ecosystems and increment the DeFi services available to the BNB ecosystem.

Partnership Benefits

For BNB48, it will piece of work with Kava Labs to build and maintain the BNB Staking and BNB DeFi communities. Also, BNB holders will be provided with further guidance and suggestions on BNB creation value.

An didactics system will be created to assist more BNB holders have a deep understanding of the risks of BNB staking and BNB DeFi staking. Regular online meetings will be held to provide the latest information to the community related to the evolution of the BNB ecosystem. All of the community members' comments and suggestions will be nerveless and at that place will be discussions about the development of the BNB ecosystem.

As for Kava Labs, BNB48 Club will exist its ambassador in Communist china to promote Kava DeFi to contribute to the popularization of Kava lending products in the Chinese community. Also, Kava Labs will brand the BNB48 club one of the officially recommended node service providers for the Kava blockchain to provide staking engineering and consulting services.

BNB48 Club will take an active role in managing Kava network governance and product improvements and providing solutions and suggestions to ensure the quality of the Kava ecosystem.