For Context:
https://forum.synapseprotocol.com/d/248-deploy-synapse-to-kava-evm-layer-1
Summary:
The Kava ecosystem has agreed to contribute a $40K grant to Synapse upon successful deployment on the Kava EVM chain, and listing on DefiLlama under Kava. This grant will be paid out in $KAVA tokens. A 30-day moving average of $KAVA will be used to calculate price. This is an opportunity for Synapse to further consolidate itself as the most UX friendly bridge connecting EVM and Cosmos.
Further incentives:
With the Kava Rise Program, the Kava Network is implementing a unique and transparent on-chain incentive model for developers and ecosystem projects. The Kava Rise program will programmatically distribute $750M in Kava over 4 years to projects based on TVL.
About Kava:
The Kava Network has built on that foundation by merging the industry’s two most used permissionless ecosystems — Ethereum and Cosmos — in a single, developer-optimized Layer-1 network. Kava implements a unique co-chain architecture (like Avalanche c-chains) that allows for seamless interoperability between the two environments. 60+ EVM DeFi protocols like Curve & SushiSwap have now onboarded