In next 2 days, Kava labs is releasing it's Swap DEFI feature in the mainnet. This swap DEFI is intended to be a cross chain hub for the liquidity and the financial service. Currently the bridge is aiming at the Ethereum, Bitcoin and few other chains. 

Kava has been tweeting about the mainnet release of the DEFI swap service. 

For those who don't know, Kava has been offering the minting and lending services for range of crypto for some time now. 

The swap functionality would be allowing the Kava to swap the coins with the available liquidity in the pool. It would be also allowing the lenders to lend their coins either as a part of liquidity pool. For keeping the coins into the pool, they would be earning the Kava token and the rewards from the pool. 

Currently the bridge is targeting limited blockchains but as each version of their roadmap goes ahead. They would be supporting various chains being supported through the swap services. 

What this means for Crypto Community?

There are many among us who have a lot of coins on HODL. And we have kept them in wallet without they earning us anything at all. By making use of the swap and the liquidity pool DeFi apps you can put your coins to work. You would earn liquidity rewards and also benefit for your investment. 

Unlike many swap sites this one is going to be a cross chain, so you would be able to put a lot of your alt-coins to work. Kava being a known popular lending and minting hub, they can open up more options for your passive investment through such investment pools. 

Unless Kava gets regulated in the cryptocurrency bill across many nations around the world. Which may happen with most of the blockchains, a lot of DeFi apps and the swap applications would be solving future problems of converting a lot of altcoins and also putting your dormant cryptocurrency to work through such liquidity pools.