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Digital Joseph

Digital Joseph

Hover Lending Protocol Going Live Tomorrow: What You Need To Know

2 min readFeb 20, 2024

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After months of deposit into the Genesis pool which started on November 21, it is now time for Hover Lending Protocol to go live. This full launch of the Hover Lending Protocol will allow users to supply assets to earn yield and borrow against the collateral provided. Hover users and other potential users will thus be able to experience the Hover lending platform's full features and benefits of its integrated tokenomics.

What's the next step for Genesis Pool Contributors and anyone who may want to benefit from the launch?

Genesis Pool Contributors who deposited $KAVA, $ATOM, and KAVA native $USDt, who have been enjoying a whooping 200% APR will see the reward period extended by 4 weeks, ending on March 18th.

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Those who wish to enjoy this high APR have until the end of today, February 20th to deposit into the Genesis pool.

About Hover

Hover is a revolutionary liquidity market on Kava that facilitates the lending and borrowing of digital assets. With an innovative tokenomics model, 24/7 risk management, and a rewards program to directly benefit its users, Hover empowers retail users and institutions alike to fly into the next generation of DeFi.

Website: https://hover.market

Twitter: https://twitter.com/hover_market

Telegram: https://t.me/Hover_Market

Email: hello@hover.market

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