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Synapse ProtocolSynapse Protocolby0xFe085cFE437F45796cd14Ece811E62bbFF9dB19f0xFe08…B19f

Deploy Synapse Bridge On Kava EVM

Voting ended about 3 years agoSucceeded

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

Off-Chain Vote

Deploy bridge on to Kava
5.17M SYN100%
Do not deploy bridge on to Kava
19.07 SYN0%
Quorum:103%
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Timeline

Mar 06, 2023Proposal created
Mar 06, 2023Proposal vote started
Mar 09, 2023Proposal vote ended
Oct 26, 2023Proposal updated