Okay, mic test, mic test.
Let's just wait for more people to join in.
Okay, we have a minute. Okay, we have a minute.
Okay, more than a minute.
Actually, we're just gonna wait for more people to join in.
Of course, we're gonna be waiting for our guests from Kava.
And if you're already from Kava, I guess your name should be Kava related, but if not,
just raise your hand up, just ask a request to be a speaker.
Let me just confirm first who is going to be the speaker
okay i think i got it's supposed to be you
oh extra agu are you the one who's going to be the speaker on behalf of kava
i allow you to speak i I think. Wait a minute.
Are you the only speaker?
Are we waiting for other people from your team?
I'll be the representative of Kava today.
I'm not sure if Kava will be joining from the official account.
I'll check with the team.
I guess it's just here and we can officially begin, correct?
We're not waiting for anyone else to join in just as a listener or a speaker.
No, I think we can start.
No worries. We'll still give uh maybe five more
minutes for more people to join in because i just started it the spaces a minute ago so yeah some
people can join in and i also need to prepare some some small things in the back end before we can
officially begin so all extra goo is okay to wait for like four to five minutes? Sure, we go.
Okay, we'll be back in four to five minutes,
so we can get more people to join in and we can officially get started with Coin No Mi Connect. Thank you. Thank you. Thank you. Okay. I think we can get started now.
I don't think anyone else will be joining.
This entire thing will be recorded anyway, so people who missed this will be able to
listen to this right after this AMA or Koinomi Connect in specific.
So OX Ragu, are you ready?
Sure, we can go ahead. Okay. specific. So OX Ragu, are you ready?
Okay. Okay, hello and good day to everyone that is currently tuning in here at Koi no Mi Connect. This time we have a very special
guest from the project of Kava. So without
further ado, our guest is OX Ragu.
I was wondering if I can call you anything else but OX Ragu seems
delicious. When I hear Ragu it just reminds me of the food so how are you doing today? I'm doing
amazing thanks a lot and welcome everyone to this AMA. Yeah you can call me Rhu. I come from India. I have settled in Canada now and I've been working for Kava for the past two years. And yeah, it's 0xRagu. It's my username and all of the things from the time I came into crypto. So yeah, thanks for mentioning that as well. Good to be here.
It's awesome to have you here.
Before I went to do some research on CAVA alone, the first thing that comes into my mind is CAVA actually means coffee and polish.
I've spent my time ordering coffee and polish for some time, and I thought, okay, is this about coffee?
And then I'm totally wrong.
That was my first impression.
I look into your website. Okay, there's no coffee here. project about coffee, and then I'm totally wrong. That was my first impression.
I look into your website. Okay.
This is more of a, you know, astronomical kind of project given
and what kind of, you know, tools and, you know, contracts that you work with.
So Raghu, can you tell us more about the project itself?
Like, you know, for someone who's hearing about kava for the very first
time would you explain it to them without thinking it's coffee and what do you think makes it
different from other blockchains sure i'll go look that up uh but yeah kava means uh more into the
space vertical rather than coffee really we We wanted to bring two worlds together,
which is the Cosmos world and the Ethereum world,
which were two separate things earlier.
What we built is a DeFi and AI focused layer one blockchain,
which is built on the Cosmos SDK,
but it also has EVM capabilities,
which means you can deploy smart contracts from Ethereum
into the Kava blockchain directly
as Solidity smart contracts itself without any conversion.
This enables interoperability, cross-chain transactions,
and a lot of advantages coming from the Cosmos world
and the Ethereum world, and we stand in the middle of those.
I think one of the things that you mentioned a lot when you read or you're going to hear a lot when you talk about the Kava chain is, you know, Cosmos.
So, you know, Kava uses this co-chain design with EVM and Cosmos. And I was wondering how did that idea came about and why was it so important to be involved
In the initial days when Ethereum launched and then we were seeing multiple other kind
of networks come up, Cosmos, Polkadot and other EVM chains that came up, Solana included.
We saw a divide between what is happening in the Ethereum world and what's happening in
the other blockchain worlds.
If you look at Cosmos and Polkadot and other networks, the clusters of networks, they have
very high transaction throughput.
They have very low cost when it comes to transactions and
scalability was not really a problem because Cosmos was built on top of that. It has its own
IBC network, which connects all of the Cosmos networks via a secure bridge where you can transfer
assets with EEs and things like that. On the other hand, because Ethereum was the pioneer in smart contracts
and bringing blockchain to the world, many of the users and developers were already building
on Ethereum. They had their products built using a huge developer team and they were
finding it difficult to port it for the Cosmos users, for the Polkadot users, for others.
So what started as a Cosmos-based project, we wanted to build a DeFi application
which is secure and people can feel comfortable handling their money in a blockchain, earning
yields and what not in a secure way. That's where it started. But because we wanted to
cater to more users and bring the advantages of Cosmos Network on to Ethereum users,
we found out a technical solution which can bring these both together.
So what we built was a Cosmos-based blockchain just like Osmosis or Berachain or any other network you take on Cosmos.
We built that. It is possible to build DeFi applications on top of it. We also built
a module, which is the EVM module on top of the Cosmos network already. What currently
happens is when a transaction is executed as an EVM transaction, let's say, that gets
converted into a Cosmos transaction and gets executed in the network. So this conversion is made possible
with the architecture and technology we have built.
That is where we bring interoperability
and make it easier for people to use Web3.
I think having EVM compatibility definitely opens doors
for a lot of things because EVM is one of the most, if not the most
used, I guess, smart chain or something, sorry, I'm not really specific in the technical terms,
but EVM is quite widely used and trusted by a lot of people. So definitely a lot of people
would be more comfortable to use something that utilizes EVM and your chain. And specifically, what does this dual chain setup actually
mean for everyday users or to developers?
And how does it change their experience?
At first, it might be difficult to understand the architecture,
how this EVM and Cosmos thing comes together,
understandably, but we have made it pretty easy in our Kava app,
as well as the partner applications which we have,
that differentiate this Cosmos transactions and EVM transactions.
Though both of these exist within the same chain,
users have an option to use either Kepler or Metamask,
any EVM-based wallet versus Cosmos-based wallet,
to perform transactions on the Kava app.
For example, if you want to stake your Kava tokens,
go to Kava app, you can choose between MetaMask and Kepler,
and you'll be able to perform either by using an EIP 712
transaction with the Kava that you have in your MetaMask,
or you can perform a Cosmos transaction directly with the Kava that you have in your Metamask or you can perform a
Cosmos transaction directly with the kava that you have in your Kepler. We'll be able to do about
10,000 transactions with just one kava. The fees is that low and we have a six second block time
as well. All of this will go through within six seconds and it also has one block penalty.
seconds and it also has one block finality. Now this is the advantage for users. They
can use both wallets. They can have their assets either in the Cosmos network or in
the EVM network of Kava. They can bridge their ATOM and other tokens on the Cosmos to an
EVM token. We already have a lot of bridge tokens on the Kava network as well. It also gives us ability for bringing in USDT into the Cosmos network
by converting it into a Cosmos token.
So both ways are possible.
Multiple users like this for the users.
But when it comes to developers, we wanted to make it easy for them
to deploy their applications on Kava,
either if they are building it new or if they are porting it from a different chain, let's say.
For example, we have Curve Finance, we have Bfee, we have many other protocols running on Kava, which are all EVM based protocols built for Ethereum.
And then it was an easy process for them to move from that and deploy the smart contracts onto Kava because of the architecture that we have.
This made it possible for larger protocols to come into Cosmos and Kava specifically
and cater to those users as well, be in that part of the ecosystem also.
Now for example, we have USGT issued on Kava and Kava is the exclusive partner for USGT
issued on the Cosmos network.
Any USGT you see on Osmosis or other Dexas on the chain is being transferred from Kava
This is made possible by this unique architecture.
If you're a developer, you can go to docs.carver.io
to get more information about how to add it to your MetaMask.
And it's just a process of changing your chain ID
and deploying it to the new network.
Most of the process remains similar
to how you deploy it on Ethereum.
And you've mentioned the ecosystem in general,
but CAVFA itself is the center of the ecosystem.
So what does the token actually allow people to do on the network?
For now, Kava acts as the native gas token for both a Cosmos transaction that you do or an EVM transaction that you do.
It's the same network. It's the same funds that you have.
You can move between those two wallets with these and things like that.
Now, being a proof of stake based chain, you'll be able to stake your tokens,
you'll be able to liquid stake it as well to any of the validators.
You'll be able to vote for governance proposals by a delegator or yourself.
And you can be a validator, provide liquidity on many of our DEXs that we have.
We also have some Cosmos based DeFi applications which we can use to swap tokens or stake as
well. All of this is made possible, but KAWA stands as the governance token for
the network itself. It dictates what's happening within the network, it's part of the ecosystem.
And native gas token being low in terms of gas fees is primary for us. Kava, for example, in the last year, by the end of 2024, I believe, we hit the maximum circulation.
Currently, there's one billion Kava in the market, and that's not going to go beyond that.
We have achieved that maximum supply also.
And I'm also wondering, is there or are there any other ways to earn kava other than trading for
it or buying it like you know is there a reward system or you know anything else to earn kava
other than you know trading for it um we are we are in um multiple centralized exchanges. That's where people primarily get cryptos.
That's where they are introduced to it.
And we are also part of multiple DEXs on Kava as well as Binance Smart Chain.
So if you're a Binance user or if you want to bring in BNB chain and that's where you want to use it.
Let's say you want to provide liquidity to Kava token on PCS, PancakeSwap.
You'll be able to do that.
On Kava, we have multiple ways in which you can swap money,
not only in Kava network, but also Osmosis and other DEXs on Cosmos.
So these are different ways in which you can bring in Kava into the ecosystem.
And within it, you'll have options to stake it on some rewards. We also have some
rewards for developers. We have this Kava RISE program running. We also have partnerships with
development teams when they have a good project and they want to deploy on Kava. I think these are
95% of the ways in which you can get into the ecosystem.
95% of the ways in which you can get into the ecosystem.
And you know, you talked about, or you mentioned earlier about USDT or
Tether earlier on in, you know, an earlier topic.
So Kava has natively issued USDT from Tether.
How would you explain its purpose and how people can use it in simple terms.
Um, with a lot of recent events, we can see that the interest for stablecoins has been increasing and USDT and USDC are the major players in the ecosystem.
Now we consider USDT to be the primary player.
we consider USDT to be the primary player.
And we had good relationships with large investors,
centralized exchanges and whatnots,
through which we got this partnership with Tether.
And they gave us an exclusive opportunity
to issue USDT natively on Kava,
and the permission to bring it into the Cosmos
ecosystem, which means anything that you, any USGT that you use within the Cosmos ecosystem
has originated from Kava.
And that's where it got converted into a Cosmos token and it's being circulated within the
Now, there are multiple opportunities here.
You can go to any of the networks and provide liquidity for USDT earning you rewards.
You can have that as a safe bank where you can earn yields and be secure about your principle.
And we have plans of taking it further as well, or trying to bring in a product where you can earn yields based on your USDT on GABA.
We are making multiple attempts to integrate that with AI as well somehow that we are building.
And a lot of things are coming up in 2016.
I understand the need for, you know, being more focused on stable coins, I guess.
Recently, people, you know, coins in general are, you know coins in general are you know the major coins
that we have are going crazy in prices especially i guess smart chain was the ones who are moving
too quickly i'm sure other major coins are also moving too much so other than people switching
for uh to another major token or major network using their stable coin,
which is not so stable given how crazy the market is.
They tend to just use actual stable coins, which is USDT, USDC.
And normally people will opt, especially if you're using Ethereum,
people will usually use USDC.
I think it's the normal thing that we that I've experienced using in Ethereum in terms of being in chain.
So I'm just curious, is there a reason why or are both USDT and USDC prioritized or are you leaning towards more on the usage of USDT on Kaba?
It's more of a competition between Noble's USDC and Kether's USDT.
If you look at the numbers, USDT does more and they have more reserves.
They are transparent as well.
So we did all of the audits and due diligence required before going into them.
They have a huge organization. And going through all that and with all of the connections that we had,
partnerships that we had earlier, Tetherwater was the right choice for us.
It included a lot of management decisions as well, of course,
but that's what cascaded into the company.
Now we are happy that we partnered with USDT.
The support has been amazing and
their interest in bringing USDT into the ecosystem has been immense as well. So no regrets at
Yeah, I mean, not sponsored or anything, but USDT has been always my go-to stablecoin,
not just because of the stability of it you know the transactions over time is really
smooth and you know having usdt to be personally helping you guys there kava will definitely help
to make uh you know transactions or anything more smooth so that's an amazing uh connection that
you're able to make with tether or usdt and you know speaking of blockchain security, it's always a hot topic.
So what does Kava do to make users feel safer and confident on the network?
Kava is built using the Cosmos SDK, which is tried and tested.
It has been proven. It has a lot of security audits by independent auditors, auditors from within.
And Kava, the forked version of it is also public, it's open source.
We have had multiple people coming and contributing to the project as well.
And we have not faced any kind of security issues so far.
Even though it has two different architectures coming together, Cosmos and EVM, we've been able to run both of the transactions issues so far. Even though it has two different architectures
coming together, Cosmos and EVM,
we've been able to run both of the transactions
And the network has been kept very stable
by all of the governance proposals that we have.
Recently, for example, we moved a lot of funds
from our community protocol into a dedicated private key held kind of structure.
It's a multi-seed basically, where we can spend those funds and utilize those funds for the community in a better way,
thereby increasing their rewards and what nots, instead of it being locked up.
So all of this is what makes Kava secure. It is open source.
There's a lot of security that comes in. The team is always available for any kind of issues that you are facing. We have all the technology tools available. We recently have partnered with Chainalysis for auditing and analysis of the chain. We have continuous monitoring. If anything goes wrong in the chain, we'll be the first to get to know that. And we have been constantly upgrading as soon as a security patch has come up in the Cosmos SDK or on the EVM side.
So, so far, the security has been top notch and it will be like that and we'll strive hard for that.
Okay, and I'm quite curious in terms of being working on a project on chain, what are the usual security weaknesses do you think that normal chains need to deal with?
You know, typical things because, you know, I'm not really well versed security wise on chains.
So what kind of protection do you actually focus on that are usually the things that people with bad intentions tend to use against the project?
the things that people with bad intentions tend to use against the project?
Most of the cryptocurrency hacks that we see now are related to smart contracts exploits. Someone
writes a function which does not check for a particular precondition before releasing funds,
let's say. That's when a user tends to exploit that and gets funds, even though it's not intended.
So that's how most of the security vulnerabilities happen.
At Kava, we focus on quality dApps rather than quantity.
So whenever a new dApp comes in before co-marketing with them, we do a soft audit on our side
as well to make sure things are fine.
They're not trying to run away with your money and things like that.
Also, on a network level, it's more of a network level hack
by the sense of a DDoS or something like that.
A malicious attack which comes to mind is when a hacker sends,
let's say, 0.0001ava to 10,000 different addresses.
And we have a column called memo on Cosmos wallets by which you can advertise something.
You can say I have this new token on something.
You can come and buy those tokens and things like that.
That's also possible exploiting the network with fake transactions,
filling it up with so many transactions at once.
That's called mempool hacking.
We have a memory allocation for each blockchain.
If that gets filled up, none of the other transactions can go through.
That's also a spam attack.
So there's a lot of technical attacks which are possible on a network.
Most of that have been handled so far, but still there are small issues here and there,
which validators need to update their software,
make sure they have the latest security patches,
we are making sure everything is up to date
and we don't have any kind of issues.
Monitoring really helps as well.
Yeah, making sure up to date is definitely important.
And of course, having this kind of announcement,
knowing that it's going to be more secure,
especially for normal users.
I mean, like me, who's not well-versed in security,
knowing that at least it's up to date
because crypto and technology is ever growing.
And unfortunately, hackers and people with bad, people with bad intentions, I mentioned earlier,
are also getting smarter in terms of exploits and hacks.
And I agree with what you mentioned earlier.
A lot of projects, especially, I guess, any general applications or wallets tend to focus
on quantity in terms of the apps.
And I know myself abandoning some of the wallets
that I've been using in the past, just because of that.
Instead of something so simple to use and more stable,
I ended up having a wallet with like, I don't know,
15, 20 different functions and the apps that I can connect
to, which makes it so complicated that, you know,
I think I'm getting more disconnected with
just the simple trading that's what we wanted you know fast efficient and simple when you want to
trade something you don't want like several things that you're probably not going to be using
and you know that's the wonders of prioritizing quality over quantity and what you wanted to add
not just in your wallet or uh you know, but if you're developing anything in general,
just the simplicity of it is the best.
And as I mentioned earlier, security is getting bigger, getting more up to date.
And of course, CAVA itself is getting bigger and bigger, the ecosystem.
So what are some cool applications or real use cases on Kaver right now that you can highlight?
We have both cross-chain applications, which are ported from other chains into our protocol.
We also have inbuilt Kaver native applications.
Cross-chain applications include Curve Finance, Bfee, and all of the larger protocols, which
We have huge presence there with a lot of volume.
On the other hand, we have Kava Native, Wagmi, and we also have Scrub Money, which have been
doing really well in their respective regions, Dex is doing good volumes.
The users have been increasing in that as well.
And I personally believe that bringing the next million users into Web3 is going to happen only with simplicity.
When you have, let's say, you want to open a bank account in your city, you'll have five different banks at max.
You don't have like thousand different options to choose from or where it is more, and it's not a huge competition like that.
So we wanted to maintain it something like a base bank. That's what we wanted to try and achieve. And for that, we needed this
simplicity in hand. We also have earning opportunities and some applications on the Cosmos side.
But EVM is the focus now. We are focusing heavily on DeFi right now. And in 2026, which we'll talk sooner about the roadmap, we have AI into the picture.
AI is going to be natively integrated into the cover chain, and that's going to bring in a lot more developers and use cases.
We are thinking of newer ways in which Web3 can be useful to the ecosystem,
instead of trying to bring in the same kind of dabs again and again into the protocol.
Okay and I just wanted to ask as well do you currently have any giveaways or
anything that's related to airdrops for Canva at the moment?
The initial days where we were offering airdrops and a lot of rewards has ended because the circulation is complete now.
We have all of the tokens in the market and any decision has to go through a governance process.
Having said that, we have partnerships with Binance and other larger exchanges with other partners, third party included.
with other partners, third party included.
We conduct a lot of giveaways and contests
in which you can participate, trade some,
These are happening in, let's say,
quarterly ones or something.
So you can definitely participate in that,
Okay, be sure to check on Kava socials
to make sure that you don't miss out
on those kind of giveaways because
you know it's free you just need to do a bunch of clicks and shares depending on you know the tasks
that you needed to do the best way is to be connected with the socials and speaking of
giveaways us too here at Koinomi has a really interesting giveaway and it's called the ugly
Christmas sweater giveaway so if you want our limited edition Koinomi Christmas sweater giveaway. So if you want our limited edition
Koinomi Christmas sweater,
all you need to do is follow us
retweet and just heart the post
And one winner gets the sweater.
You can see the image of the sweater
that you just have to love it so be sure not to miss that and you know it's going to be uh you
know definitely a piece of history of koinomi so yeah what are you waiting for just go in and
retweet and make sure to tag your friends here at koinomi to win yourself an ugly christmas sweater and going back to kava
uh to kava especially in the ecosystem and you know you're looking ahead in the future always
in crypto in every single project so right now you've mentioned some of uh the road maps that
you have so far and you know 2025 is exciting but what's next especially the year is about to end what big things
should the community be watching for you know next year and beyond for your own map sure um in 2025
we achieved uh creating a new meme coin marketplace hard Fund. And then we achieved a lot of things with AI as well.
What we have done till now is to create a chat bot and use it instead of ChatGPT for all of your LLM related tasks.
Plus it can also do blockchain tasks on behalf of you.
If you want to give it an address and 10 kava to it, you can just use natural language and we'll be able to perform transactions and do swaps and convert into some other, interact with smart contracts.
All of that is possible using the chatbot that we have created till now.
Most of the focus in 2026'll be on improving this, we'll make it multimodal, we'll make it cross-chain,
we'll be bringing much more capabilities into that, we'll make it easier to use Web3 as well.
Like if you want to do a transfer from some USDT from Ethereum into Kava and then convert it into WBTCR.
Whatever transaction you want to do, you want to make it easy so that you can do it within a single line of natural language that you give.
With security, with all of the gates in place
so that you don't lose your money.
That's what we're building.
And if I can say this, there's a new term which is coming up,
And Kava's focus will be on that.
We'll bring in more developers who are building AI based apps.
We'll bring in deep in and deep cloud solutions for people who want decentralized cloud and
decentralized infrastructure for their AI requirements.
We'll also have API pricing for our developers. So if you're a person building,
let's say a Web3 application, you don't want the backend to be ChatGPT because it's
not decentralized, it's centralized. There's a lot of reasons for that. If you want a decentralized
option, Kava will be that. that will provide exactly the same methods in
which you interact with the ai the api will connect with the decentralized kava ai instead
which is equally powerful but does not store any of our data and that's how it's going to evolve
the focus on b5 also will continue and we are trying to merge these both together.
The industry also has to grow in order to
bring a solution that caters to both the audiences, but we'll reach it for sure.
One of the major things that I've seen so far in Kava is Kava D Cloud.
I guess D Cloud is the way to pronounce it.
How do you explain, can you tell us more rather on Kava D cloud and how it's
going to be working in the ecosystem?
When we think about a cloud solution, let's say AWS, Azure, any of that is just, uh,
your SSDs or hard drives sold in a secure place with redundant data and whatnot.
And many of us are using those cloud solutions like Google Drive and whatnot to store our documents,
use it from wherever we want through the internet.
Now, an AI company, when they want to train their GPU, train their AI models, LLMs as
we call it, they need a lot of hardware to do it, GPUs, or they need a lot of storage
space to store data and what not.
Now all of this is offered by AWS and Azure so far, centralized counterparties.
Now if you want to make it decentralized, what Kava will do is,
we'll bring in a new term called DeepInt here,
decentralized physical infrastructure.
We'll buy a lot of GPUs, H1000Xs
and all of the modern hardware.
And this will be accessible for the developers for use.
If you want a GPU for two days to train your model,
you can rent it from Kava.
If you want a space to store your data,
decentralized manner, you can do it with Kava's dCloud.
That's how it's going to evolve and that's
the final vision for the product.
Other than the dCloud that you have with Kava, all throughout the Coinomi Connect and this basis, you've been mentioning a lot about AI.
So how exactly do you imagine AI changing the way people interact with blockchain on Kava?
From the time I came into crypto, I came in 2017, it's been about eight years now.
The biggest hurdle for a person who's using any traditional banking application and when
they move into crypto is they have to handle all of it themselves. They need to have a
working knowledge of what a private key means, how it is a big deal,
and the kind of security measures that you need to have, what kind of scams can happen in the
industry. You need to be aware of all of those things, which needs to be stopped. There needs
to be a layer that separates all of the technical difficulties and the user experience. We think AI will be that layer.
We think it will make it easier for people to understand what's happening behind
and make it safer for you to do a transaction.
You don't need to worry about clicking on the wrong button,
executing a transaction which you shouldn't have
because we believe AI as much as it could do direct transactions like transfer $1,000 to this address.
It can also tell you this smart contract looks suspicious.
Are you sure you want to do this transaction or something like that in the future?
Where the AI can understand all the technicalities of what's happening in the blockchain,
but the person, the user is only fed what needs to be known to the user.
This differentiation is important
and that's where AI comes from the picture.
Our own product, Oros, tries to do the same thing.
You go into Oros, it's just gonna look
You connect your wallet and then you do a transaction
just by chatting with the bot.
I can definitely imagine myself, you know, even those simple things, you know, that prompts like, hey, you're sending X amount of money to this address. And upon checking this address, this kind of, you know, suspicious activities know sending to this sending to that you know
those simple prompts will definitely work wonders especially for people who are just
you know let's say someone who are new to just trading and uh crypto in general and helping you
out like you know you know ai can definitely learn those kind of patterns. If something's off, let's say, okay, maybe you made a slight typo on sending the address.
And AI will say, hey, you usually send it to this address.
Those simple prompts will definitely do wonders and save a lot of money.
I've heard and I've also experienced myself
a lot of simple mistakes based on typos,
based on sending it to the wrong address.
Those kind of things, AI can help out
definitely in the future.
And sure, it will make you doubt more
whether or not you're going to be sending something
to someone if they have something suspicious.
But in crypto or maybe in life in general it's
it's a lot better and it's a lot safer to doubt everything first before coming to the conclusion
of doing it because you can never be too safe in everything so ai hopefully will do that kind of
development and hopefully keeps our funds and you a lot safer, especially here.
In crypto especially, yeah.
I just wanted to add one thing that the compliance partners that we have,
Chainalysis for example, they are also working very hard to bring in AI into the system.
So going with their claims, in the future, AI can predict that a malicious thing is going to happen in the chain before it happens.
And it can stop the attack before it reaches the blockchain itself.
And that's going to be huge for all of the users of crypto.
Whether you're advanced in technicalities or not, it's going to help us.
So as an industry, it's going to become easier to transact with crypto and it's going to
be safer as well. Thanks to AI. Yes, you know, I can only imagine because, you know, crypto can be
really, really complicated, especially if you're a normal day-to-day user, especially if you're
trading in techs, you know, it can get really complicated. How do I add this chain to my wallet? How do I exchange this to this other chain and stuff like that?
Imagine if you have AI to help you out.
Okay, as simple as just commanding it.
Okay, I want to trade this to that.
And regardless of how many chains you're going to be cross-chaining on,
AI will hopefully make it just really simple,
as easy as one command to help you do the trade.
And it's just about you confirming the transactions and all the prompts that the AI will provide you to make sure that it's going to be a totally safe transaction.
It will be really convenient and easy.
So I definitely see your vision and how AI is going to be used for a better and ease of use here in
crypto in general. And I mentioned cross-chain connections earlier, especially it's becoming
increasingly important because lots of chains are popping out and it's getting more complicated
right now for switching over to a wallet, to a chain. So what new bridges or integrations are coming
that will make asset movement even more smoother?
We have, okay, let's see as verticals, as modules.
We need a bridge which brings in assets
from Ethereum or other EVM chains into Kava.
We need a bridge which converts Ethereum or other EVM chains into Kava.
We need a bridge which converts Kava's EVM tokens, for example, USDT,
into a Cosmos token and vice versa.
We also need a bridge which connects the different Cosmos chains together.
last piece so that you can transfer assets between the different chains in Cosmos.
That's also the last piece so that you can transfer assets between the different chains in Cosmos.
Now for Ethereum and BSC to Kava conversion, we use Stargate.
That's the primary bridge that we have.
We have others also, but 90% of the transactions go through Stargate,
which is our official partner as well.
Our USDT, our Kava, all of the tokens in other chains are OFT standard based, which is the native ESC20 standard for omni-chain tokens given by Stargate.
It follows the layer zero principles and whatnots.
Pretty standard, pretty secure.
We have been in partnership with them for a long time, and most of our transactions go through that.
That's how we have our Kava token on BSE as well.
The internal bridge that we have is built by the internal team and what it does is converts
or locks your assets onto the Kava EDM in a smart contract and mints those tokens on
the Cosmos network and vice versa when you do that.
You can use it on app.kava.io. You can convert your Kava tokens, Atom, USGT, and a lot of other
tokens, AKT included, through that bridge, which converts from Kava to Atom. On the Cosmos side,
we have multiple bridges, TFM, etc. But the base layer is IBC for
IBC connects all of the Cosmos
networks together and that's
through which all of the transactions happen.
IBC will be the base layer.
These are the three primary bridges we
And we constantly get approached for new integrations and connections. And we do approve them and integrate with them as we see fit for the users.
But these three have served our purpose really, really well.
Yeah, and hopefully that will make it a lot easier for people,
especially jumping into Cosmo, meaning Kava in general, in terms of trading your assets and just using the ecosystem in general.
And Raghu, I'd also like to ask you if you have any announcements that you wanted to make, especially for the people in our community and in your community?
Or any upcoming things that's coming in with Kappa?
Okay, some internal information. For the past two months, we have been working on something,
and the announcement for that will come out in the month of January, February. It includes a lot of partners from
iCaliburs. And we have been giving it a lot of thought to
include DeFi and AI and make it easier for people to earn some
yield based on multiple tokens that they might have. It will
also be cross chain and a lot of features are being planned for
that. Official announcement will be out soon.
Till then, I don't have a lot of information to give out publicly, so at least for now.
But happy holidays, enjoy your days and then yeah, in January, February,
as 2026 starts, we'll have much more updates to give you.
Of course, it's the holiday season, it's the end of the year. So a lot of people or a lot of projects or anything, any companies are getting extra generous.
So be sure to follow CAVA on their socials, as I mentioned earlier, to make sure that you don't miss out on any of the giveaways or the activities or the events that they have.
So you don't miss out on all of those opportunities.
And same as well here at Koinomi.
Once again, we wanted to tell you guys that we have an ugly
christmas sweater giveaway and it's basically an ugly i mean ugly is subjective to other people to
all people to each and every single people but this one i guess it's a special kind of an ugly
sweater that we have here at koinomi with something written all i want for christmas is btc so to
enter you just need to follow us at Koinomi Wallet.
Retweet the post and like or heart the post and tag three friends.
And one winner will get the sweater delivered to him or her.
So Raghu and Kava, the rest of the Kava team, if you guys are here listening,
we appreciate you all here for joining us at Koinomi Connect.
And for everyone that is listening,
we will hope to see you again in the
next episode here at Koinomi Connect.
Thanks all for your time. See ya.