Harvest.io brings yield farming to Bitcoin and Ripple (XRP)

in DLIKE5 years ago

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A new competitor for decentralized finance (DeFi) on Ethereum is emerging. On 15 October this year, Haverst.io will be launched on the Kava blockchain. Harvest will be a cross-chain platform that will allow its users to borrow, lend, stake assets, and do yield farming to earn the governance token of the platform (HARD).

According to a publication by Kava co-founder and Kava Labs CEO Brian Kerr, Harvest will benefit from Kava's advantages. Therefore, it will be insured by the Kava network validators and will be able to use its "cross-chain bridges" to send transfers and Chainlink oracle services. That way, asset prices on Harvest will be updated with secure and reliable off-chain information. Kerr states in his publication:


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