Frankfurt, Germany, November 20th, 2024,
Chainwire
KYVE is entering its
expansion era, introducing an enhanced web app packed with new
features and collaborations to support users and unlock
multi-network potential. From experienced developers to crypto
newcomers, the platform aims to make it easier for users to jump
in, contribute, and benefit as part of KYVE's mission to make
blockchain data accessible to all.
The latest updates are meant to make it easier for users of all
levels to engage with KYVE’s
ecosystem, fostering cross-network collaboration and data
support across diverse blockchain platforms.
What’s New?
- Staking and Participation in KYVE’s Network:
The KYVE web app now features an in-app guide designed to
facilitate staking of $KYVE. Participants may receive rewards in
$KYVE as well as in other tokens integrated into the KYVE protocol.
This feature supports a diverse range of opportunities for stakers
and validators, contributing to broader participation in the KYVE
ecosystem.
- What is backing this? KYVE’s multi-coin funding
feature and Public Goods Funding
Program already partnered with SOURCE Protocol, Andromeda, a
dYdX grant, Lava Network, and others to come.
“We're proud to support KYVE Network in permanently
archiving all historical dYdX data and further streamlining data
accessibility for ecosystem participants!” – dYdX Grants on
X.
- Testing with Mainnet Faucets: KYVE’s newly
introduced faucets allow users to test
the platform’s features in a low-commitment environment. Whether
they're exploring staking or running a validator, these faucets are
designed to make it easier for new users to experiment and get
comfortable before fully committing.
- One-Stop Access with Kado and Skip: Integrated
directly into the KYVE web app, Kado and Skip simplify the process of swapping or
purchasing $KYVE, removing entry barriers and making it easier for
users to start participating in KYVE’s network.
What This Means for Users
With these new features, KYVE is unlocking a wide range of
opportunities for users to support the future of blockchain data
scalability while earning rewards across multiple networks. The
updated web app is designed to accommodate both experienced
blockchain developers and newcomers, KYVE’s new web app
enhancements are designed to support contributions to the
platform’s mission of preserving historical chain data while
providing value to participants.
As KYVE expands its solutions to more ecosystems, the focus
remains on providing streamlined access, empowering users to play
an active role in supporting blockchain scalability and data
preservation. KYVE is dedicated to ensuring that all blockchains
receive the data support they need to thrive and that all types of
users can take part in this mission.
About KYVE
KYVE Network is a
decentralized data management solution that provides specialized
tools for data archiving, validating, and accessing blockchain
data. KYVE's protocol ensures that only accurate historical data
from a blockchain is made immutable and easily accessible for
all.
As a result, KYVE allows other chains to decentralize their
historical data and overall data accessibility management and
provides essential tooling to access this data, enabling enhanced
scalability of chains and ecosystem development.
KYVE is one of the most supported blockchains in the space,
backed by Arweave, Ava Labs, Solana Foundation, Interchain
Foundation, Moonbeam, TheGraph, Parity Technologies, Composable
Finance, Zilliqa, Mina Foundation, Aurora, and NEAR Foundation. As
well as VCs such as Hypersphere Ventures, Coinbase Ventures,
Distributed Global, Mechanism Capital, CMS Holdings, IOSG Ventures,
and others.
Contact
Head of
Marketing
Margaux
Stancil
KYVE
margaux@kyve.network