Kava, one of the top players in the Crypto industry, has announced the launch of Kava AI in the BNB chain. This expansion has made AI tools one of the leading cryptocurrency chains.
With this launch, BSC chain developers can access the tools without leaving their native environment. This includes tools such as cross-chain yield optimization, portfolio management, and on-chain inference.
Most importantly, the launch brings a long-standing barrier between the hippo and the BSC chain. In a statement, Kava Labs founder Scott Stuart said:
“With over 4 million users daily, thunderstorms and fees that are just a small portion of our competitors, BNB chains accelerate their mission to make decentralized AI truly accessible.
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Kava Labs operates a top layer 1 network in the Crypto industry, enabling users to build distributed applications. Its main feature is that it combines Cosmos' speed and interoperability with the power of Ethereum. That transaction costs just $0.0001, making it one of the cheapest networks.
Data compiled by Defi Llama shows that 148 Defi protocols are found in Kava, with a total of $120 million. Stablecoin supplies over $141 million.
Kava also runs Kava Chat, a tool similar to ChatGpt, which provides search solutions.
Meanwhile, the BSC chain has become one of the largest layer-1 chains in the Crypto industry, with TVL over $11 billion and a Stablecoin supply of $14 billion. BSC has implemented three upgrades this year, significantly increasing speed compared to other similar chains.
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