💥How does KAVA build a decentralized economy for AI and DeFi developers? (Part 1)
👉 KAVA's ability to create an ecosystem where developers can build, deploy, and profit from applications (dApps) integrating artificial intelligence (AI) and decentralized finance (DeFi), through transparent incentive mechanisms, robust infrastructure with low costs, specifically:
1. Kava Rise Program:
- As a strategic initiative of KAVA, a Layer-1 'AI-first' blockchain integrating Cosmos and Ethereum, aimed at fostering the development of a decentralized DeFi and AI ecosystem by rewarding developers based on the usage level of their dApps. With a fund of $750 million, Kava Rise encourages building AI-DeFi integrated applications, reinforcing KAVA's position as a leading platform.
- Objective: Kava Rise is designed to attract developers to build dApps on KAVA, especially applications that combine AI (such as AI agents automating DeFi) and DeFi (such as yield farming, lending). The program aims to increase adoption, TVL, and expand the ecosystem with over 125 current dApps.
- How it works: KAVA allocates $750M (equivalent to 10% of the KAVA token supply) to reward developers based on the usage level of their dApps (usage-based incentives), measured through metrics such as TVL, transaction volume, or user engagement. Rewards are distributed transparently through on-chain smart contracts, ensuring fairness and avoiding favoritism towards large teams. Eligible dApps include applications integrating AI (such as trading bots, risk management tools) or DeFi (such as AMM, lending protocols) on the Cosmos-Ethereum co-chain.
2. Co-Chain and Neocloud Architecture: An ideal infrastructure for AI-DeFi
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